Eli Lilly Grows Again in Genetic Medicines, Buying Startup With a New Way to Deliver DNA – MedCity News
Engineered viruses are a mainstay in genetic medicine due to their ability to ferry genetic cargo into cells. But limitations…
Tag: Mergers and Acquisitions
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw | TechCrunch
By OpenAI COO’s own admission last February, “we have not yet really seen AI penetrate enterprise business processes.” But for…
Meta buys robotics startup to bolster its humanoid AI ambitions | TechCrunch
Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said. “We…
Five Companies That Came To Win This Week
For the week ending May 1, CRN takes a look at the companies that brought their ‘A’ game to the…
Cohere acquires, merges with Germany-based startup to create a ‘transatlantic AI powerhouse’ | TechCrunch
Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the Germany-based enterprise AI company Aleph Alpha. The deal,…
Monarch Tractor’s collapse ends with an acquisition by Caterpillar | TechCrunch
Monarch Tractor’s assets have been acquired by construction giant Caterpillar, after struggling to pivot to a software services business, according…
Eli Lilly Buys Startup CrossBridge Bio to Bring a More Powerful Strike to Tumors – MedCity News
Antibody drug conjugates continue to be a robust area for research and dealmaking, and Eli Lilly’s latest move in this…
Anthropic buys biotech startup Coefficient Bio in $400M deal: Reports | TechCrunch
Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information…
Databricks bought two startups to underpin its new AI security product | TechCrunch
With an overflowing war chest from its $5 billion raise that closed last month (not to mention billions in revenue),…
Zendesk acquires agentic customer service startup Forethought | TechCrunch
Zendesk is acquiring Forethought, a company that builds software to automate customer service interactions, the companies announced on Wednesday. The…
Netflix may have paid $600 million for Ben Affleck’s AI startup | TechCrunch
Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage…
Oura acquires Doublepoint, a startup that specializes in gesture recognition technology | TechCrunch
Oura announced on Thursday that it has acquired Doublepoint, a startup that specializes in technology that enables users to control…
Patient capital: The slow burn on returns from the Eucalyptus sale
While the headline figure of a A$1.6 billion sale price for Eucalyptus was a cause for celebration, seen by many…
Anthropic acquires computer-use AI startup Vercept after Meta poached one of its founders | TechCrunch
Anthropic on Wednesday announced that it has acquired Vercept, an AI startup with deep roots to some of the biggest…
Canva buys UK and US animation and AI startups
Online design giant Canva is bolting two more startups onto the mothership, Mango.AI and Cavalry, from the US and UK…
Heidi acquires UK medical AI startup
Doctor clinical notes scaleup Heidi has acquired UK AI healthcare platform Automedica as it ramps up its focus on artificial intelligence.…
Traverse City AI startup FirstIgnite sells to Chicago software investor
Traverse City-based artificial intelligence firm FirstIgnite Inc. has been acquired by a Chicago-based investor. Merit Holdings, which buys and manages…
Blackbird-backed telehealth startup Eucalyptus sells for $1.6 billion to US listed rival
Australian online healthcare startup Eucalyptus is being acquired by NYSE-listed health and wellness rival Hims & Hers Health in a…