FRISCO: Public Storage (NYSE: PSA), the largest U.S. owner of self-storage facilities, has agreed to acquire Public Storage Canada from the family of its founder in a transaction valued at approximately $1.2 billion, the company announced Monday. The acquisition marks the company’s entry into the Canadian market, adding 68 properties totaling 5.3 million square feet across…
BOSTON: HyperLight Corp., a developer of thin-film lithium niobate photonics, said Thursday it closed an $80 million Series C funding round led by MediaTek, with participation from a consortium of semiconductor, manufacturing and investment firms. The round includes UMC Capital, Jabil, Foxconn, EDBI, CDIB-TEN Capital and the Qatar Investment Authority, along with strategic investors from silicon IC and networking companies. Existing…
SAN DIEGO: Element Biosciences Inc. said Wednesday it has raised an upsized Series E financing round that includes $175 million from longtime backer Samsung Electronics, plus additional undisclosed contributions from other investors. The funding will accelerate commercialization of Element’s genomic and multiomic product ecosystem, expand its global footprint, and advance its product roadmap for research, translational science…
KENOSHA: Snap-on Incorporated announced Monday it has acquired Diesel Laptops LLC, a South Carolina-based provider of diagnostics and repair technology for commercial trucks and heavy equipment, for approximately $100 million in cash. The deal, which closed June 8, adds specialized capabilities in diagnostics, repair information and digital solutions for heavy-duty repair shops, fleets and equipment operators in industries…
BOULDER: Gloo (Nasdaq: GLOO), a technology platform for the faith and flourishing ecosystem, said Tuesday it has agreed to acquire the remaining 20% stake of Midwestern Interactive, giving it full ownership of the talent partner firm. The move deepens a longstanding collaboration between the two companies, which already shared strategic ties. Financial terms were not disclosed. “Bringing Midwestern fully under…
NEW YORK: Stepful, a training platform that has become the primary pipeline for practice-ready healthcare workers at some of the nation’s largest hospital systems, has raised $55 million in Series C funding, the company announced. The round was led by Oak HC/FT, with participation from Foresite Capital, Hearst Ventures, and the Citi Impact Fund, as well as existing…
NEW YORK: Accenture (NYSE: ACN) has agreed to acquire Whalar, a leading creator and social agency, in a deal that signals a strategic push into the rapidly expanding creator economy, the companies announced Tuesday. Whalar will become part of Accenture Song, the professional services giant’s creative and customer experience arm, adding scaled influencer and creator engagement capabilities…
BOSTON: City Therapeutics Inc., a biopharmaceutical company focused on next-generation RNA interference-based medicines, has raised $99.5 million in a Series B financing round, the company announced Tuesday. The round drew participation from new investors Viking Global Investors and Sofinnova Investments, alongside Casdin Capital and NYBC Ventures. Existing backers including ARCH Venture Partners, Fidelity Management & Research Co.,…
NEW ORLEANS: Carr’s Hill Capital Partners Management LP, a New Orleans-based private equity firm, has acquired Opti-Com Manufacturing Network LLC and Sunbelt Innovative Plastics LLC, a maker of conduit systems for underground and transportation infrastructure across the Southeastern U.S. The acquisition is Carr’s Hill’s third investment from its first fund and expands the firm’s presence in…
PARIS: Bouygues Telecom, Orange and Free-iliad have signed a memorandum of understanding with Altice France to acquire telecom operator SFR for 20.35 billion euros ($23.44 billion), including debt, the companies said Saturday. If approved by regulators, the deal would rank among Europe’s largest telecom acquisitions in recent years. The breakup of SFR would reduce the number of mobile…
EVERETT: Helion, a fusion energy company based in Washington state, on Thursday announced a $465 million Series G funding round as it pushes to bring commercial fusion power online this decade. The round, led by Thrive Capital, values the company at $15.5 billion post-money and brings Helion’s total invested capital to $1.5 billion. New investors include Alta Park Capital,…
LONDON: Healthcare technology company Semble has raised £30 million in a Series C funding round led by European growth investor Revaia, with participation from Partech and existing backers Mercia Ventures and Octopus Ventures. The investment comes as health systems across the U.K. and Europe struggle with fragmented technology, rising patient demand and a shift toward private medical…