Chagee, a Chinese bubble tea chain, filed for a U.S. initial public offering on Tuesday and aims to list on Nasdaq under the ticker “CHA.” The company plans to debut its first U.S. store in Los Angeles this spring at Westfield Century City mall. Founded in 2017 by CEO Junjie Zhang, Chagee operates over 6,400 teahouses across…
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DoubleU Games completes acquisition of Turkish developer Paxie Games
SEOUL: DoubleU Games has finalized its acquisition of Paxie Games, a Turkey-based casual game developer, following merger clearance by the Turkish competition authority. The transaction, first announced in December 2024, closed on March 26. Paxie Games specializes in the rapidly growing Merge 2 genre, with its flagship title, Merge Studio: Fashion Makeover, achieving more than…
One Equity Partners to Acquire CraftMark Bakery
NEW YORK: One Equity Partners (OEP), a middle-market private equity firm, announced today it has agreed to acquire CraftMark Bakery, a prominent supplier of bakery products for quick-service restaurants and in-store retail bakeries. Based in Indianapolis, CraftMark Bakery specializes in producing bread dough, cookie dough, muffins, flatbreads, baked cookies, and filled dough for customers nationwide. The company…
Augustine Therapeutics raises €77.7 million in Series A funding
LEUVEN: Augustine Therapeutics NV announced the successful completion of its €77.7 million ($84.8 million) Series A funding round. Co-led by Novo Holdings and Jeito Capital, the financing also included investments from Asabys Partners, Eli Lilly, AdBio Partners, V-Bio Ventures, and others. Augustine focuses on developing therapies for neuromuscular, neurodegenerative, and cardio-metabolic diseases by selectively inhibiting the…
StubHub files for IPO on New York Stock Exchange
StubHub, a prominent online ticket resale marketplace, filed on Friday for an initial public offering on the New York Stock Exchange under the ticker symbol “STUB.” In its filing, the company reported a net loss of $2.8 million on $1.77 billion in revenue for 2024. This contrasts with a $405 million profit on $1.37 billion…
T-Mobile to divest 800 MHz spectrum portfolio to Grain Management
T-Mobile (NASDAQ: TMUS) announced today that it has reached an agreement in principle to divest its 800 MHz spectrum portfolio to Grain Management, LLC, a private investment firm specializing in digital infrastructure. Grain, in partnership with Black & Veatch’s energy and infrastructure experts, plans to market the spectrum to utilities, critical infrastructure operators, regional providers, and…
AI Push: SoftBank to acquire Ampere Computing for $6.5 billion
SoftBank Group announced Wednesday its $6.5 billion acquisition of Ampere Computing, a U.S.-based startup specializing in Arm-based server chips. The deal, set to close in the second half of 2025, will see Ampere operate as an independent subsidiary headquartered in Santa Clara, California. Carlyle Group and Oracle are selling their stakes in the startup, which employs 1,000…
Fiserv acquires CCV to expand clover platform in Europe
Fiserv Inc. (NYSE: FI), a global leader in payments and financial services technology, announced its acquisition of CCV, a payment solutions provider operating in the Netherlands, Belgium, and Germany. The move highlights Fiserv’s commitment to growth in the European market. Financial terms of the deal were not disclosed. Founded in Arnhem in 1958, CCV has been…
Hitachi accelerates AI-driven transformation for physical and industrial applications
Hitachi, Ltd. today announced substantial achievements stemming from its collaboration with NVIDIA, unveiled just one year ago. This partnership has driven a wave of innovation, delivering breakthroughs such as new product launches, advanced prototype developments, and the establishment of expert advisory councils—all propelling the realization of Physical AI. Through the combination of Hitachi’s expertise in…
Dassault Systèmes invests in Click Therapeutics
PARIS: Dassault Systèmes, through its MEDIDATA brand, has deepened its collaboration with Click Therapeutics, investing in cutting-edge solutions to enhance patient engagement and real-world care. The partnership aims to set a gold standard for digital and pharmaceutical clinical trials, paving the way for advancements in Prescription Digital Therapeutics (PDTs) and Software-Enhanced (SE) products. MEDIDATA’s technology, which supports…
T2S Solutions has acquired Blue Marble Communications
T2S Solutions, a provider of advanced technologies supporting U.S. defense and national security missions, announced Wednesday its acquisition of Blue Marble Communications, a company specializing in space-qualified communications and computing technologies. Blue Marble, founded in 2017 and based in San Diego, has become a critical player in the growing demand for satellite and spaceflight technology….
Nasdaq and nuam extend strategic partnership to modernize Latin American markets
Nasdaq (Nasdaq: NDAQ) and nuam (NUAM: nuam), the merged entity of the Santiago, Lima, and Colombia stock exchanges, have announced an extension of their strategic technology partnership. The collaboration will see nuam’s central securities depositories (CSDs) adopt Nasdaq’s platform, aiming to optimize post-trade processes across the region. The agreement builds on Nasdaq’s existing relationship with…