SEATTLE: Marchex Inc. (NASDAQ: MCHX), a provider of AI-powered conversational intelligence, announced on Thursday it has entered into an agreement in principle to acquire Archenia, Inc., a performance-based customer acquisition company, in a deal structured to accelerate its push into AI-verified marketing outcomes. The proposed transaction, valued around $10 million upfront, will see Marchex pay…
Tag: AI
Vection Technologies to acquire Monogic Limited in APAC expansion pushdd
SYDNEY — Vection Technologies Ltd (ASX:VR1) said on Tuesday it will acquire Hong Kong and Singapore-based digital marketing agency Monogic Limited in a scrip-only deal aimed at accelerating its expansion across the Asia-Pacific region. The acquisition, expected to close by Dec. 31 pending regulatory and shareholder approvals, will see Vection issue up to A$1.6 million…
AI startup CoLab raises $72 million to build decision-making layer for engineering
HOUSTON – CoLab, a provider of artificial intelligence software for engineering teams, said on Tuesday it raised $72 million in a Series C funding round led by Intrepid Growth Partners, as demand surges for AI that can capture expert knowledge and accelerate complex design decisions. The funding round affirms CoLab’s position in the competitive field of…
HgCapital Trust announces £19 million investment in Diamant Software GmbH
BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on the…
QIAGEN to acquire Parse Biosciences for $225 million in single-cell push
AMSTERDAM – Life sciences company QIAGEN NV said on Monday it has agreed to acquire Parse Biosciences, a provider of single-cell sequencing solutions, for an upfront $225 million in cash, aiming to capture a larger share of the fast-growing market for analyzing individual cells. The deal for the privately held U.S.-based company includes the potential…
Teradyne Q3 2025 revenue rises 4.3%, fueled by strong AI test demand
NORTH READING – Teradyne, Inc. (NASDAQ: TER) on Tuesday reported 4.34% YoY increase in revenue to $769 million for the third quarter of 2025 of which $606 million was in Semiconductor Test, $88 million in Product Test, and $75 million in Robotics. According to stock filing, GAAP net income for the third quarter of 2025…
Nvidia takes $1 billion stake in Nokia to collaborate on AI and 6G technology
HELSINKI — Nokia announced Tuesday that chipmaker Nvidia is acquiring a $1 billion stake in the Finnish networking company, a move that sent Nokia’s shares soaring and marks the latest in a series of strategic partnerships for the artificial intelligence giant. Under the deal, Nokia will issue more than 166 million new shares to Nvidia….
Anemoi International to acquire Trasna Solutions Technologies for £150 million
LONDON: Anemoi International Ltd has entered into a non-binding term sheet for the proposed acquisition of 100% of the issued share capital of Trasna Solutions Technologies Limited by way of a reverse takeover (RTO). Acquisition of Trasna for total consideration of up to £150 million, payable entirely via the issue of new ordinary shares in…
Mixpanel acquires DoubleLoop to embed AI into business strategy analytics
SAN FRANCISCO: Digital analytics firm Mixpanel said on Tuesday it has acquired DoubleLoop, a startup specializing in AI-powered business value frameworks, as it seeks to help companies quickly identify key growth drivers. The deal aims to integrate DoubleLoop’s artificial intelligence technology directly into Mixpanel’s platform, accelerating how product and marketing teams connect their daily work…
Vection Technologies to acquire Australia’s DXLabs in all-scrip deal
PERTH: Australian technology firm Vection Technologies Ltd said on Monday it has agreed to acquire digital transformation company Digital Experience Labs Pty Ltd (DXLabs) in an all-scrip deal, aiming to strengthen its earnings and expand its footprint in the Asia-Pacific region. The acquisition, which is expected to close by Oct. 31, will add approximately A$3.5 million…
Alphabet’s $3 trillion triumph: A tech titan reinvents itself in the age of AI
Twenty years ago, Google’s IPO was a bold bet on the future of search. Today, its parent company Alphabet has crossed the $3 trillion threshold, joining the elite ranks of Apple, Microsoft, and Nvidia. But this isn’t just a story about market capitalization—it’s a story of reinvention, resilience, and the relentless pursuit of relevance in…
Nvidia reports strong revenue, earnings as AI demand persists
SAN FRANCISCO: Nvidia reported better-than-expected earnings and revenue on Wednesday, signaling to Wall Street that the demand for artificial intelligence infrastructure remains robust, despite a slowdown in its key data center segment. The company’s stock, which has seen a 35% increase this year after nearly tripling in 2024, slipped in extended trading after data center…