Maria Deutscher
Latest from Maria Deutscher
Palantir Technologies Inc. today reported better-than-expected second-quarter revenue, but its earnings per share and guidance missed analyst expectations. The company’s shares declined by more than 12% on the earnings report. NYSE-listed Palantir sells software that enables organizations collect data from a large number …
Financial technology startup Plastiq to go public via $480M SPAC merger
Financial technology startup Plastiq Inc. on Thursday announced plans to go public by merging with Colonnade Acquisition Corp., a special purpose acquisition company. A SPAC is a firm created specifically to take another business public. It begins the process by listing its …
Amazon to acquire Roomba vacuum maker iRobot for $1.7B
Amazon.com Inc. today announced plans to acquire robot vacuum maker iRobot Corp. for $1.7 billion. The transaction values publicly traded iRobot at $61 per share. The robotics company’s shares, which are traded on the Nasdaq, closed at $49.99 on Wednesday. Bedford, Massachusetts-based …
Afresh raises $115M in funding to reduce food waste with AI
Afresh Technologies Inc., a startup using artificial intelligence to help grocery store operators reduce food waste, on Thursday announced that it has closed a $115 million funding round. The Series B round was led by Spark Capital. More than a half-dozen other …
Intel reportedly nearing deal to build $5B+ chip plant in Italy
Intel Corp. and the Italian government are reportedly close to signing a deal that would see the chipmaker build a new multibillion-dollar chip plant in Italy. The news was reported today by Reuters, which attributed the information to two sources familiar with …
Report: Meta could raise up to $10B through corporate bond sale
Meta Platforms Inc. could raise up to $10 billion from investors by selling corporate bonds, Bloomberg reported today. Corporate bonds are a type of financial instrument that companies use to raise debt financing. Meta is reportedly one of the few companies on the …
Datadog posts 74% revenue growth for the second quarter and buys API startup Seekret
Datadog Inc. today posted second-quarter financial results that topped analysts’ revenue and adjusted its earnings expectations. Datadog in conjunction announced the acquisition of Seekret Software Security Ltd., a startup with technology that helps companies manage their application programming interfaces. The terms of …
Talon raises $100M in funding for its secure enterprise browser
Talon Cyber Security Ltd., the developer of a specialized browser designed to help enterprises reduce the risk of data breaches, today announced that it has raised $100 million in funding. Evolution Equity Partners led the Series A round. It was joined by …
Chipmaker Semtech acquires IoT specialist Sierra Wireless for $1.2B
Chipmaker Semtech Corp. on Tuesday announced plans to acquire Sierra Wireless Inc., a developer of networking technology for connected devices. The acquisition values Sierra Wireless at $1.2 billion. Shareholders of the company are set to receive $31 per share, a 25% premium …
UK antitrust regulator provisionally clears NortonLifeLock’s $8.1B+ merger with Avast
The U.K.’s antitrust regulator, the Competition and Markets Authority, has provisionally cleared the proposed merger of antivirus makers NortonLifeLock Inc. and Avast plc. The CMA announced its decision today. The news sent shares of Avast soaring more than 40%, while NortonLifeLock’s stock …