Search Results for: commercial agreement

PureTech Founded Entity Karuna Therapeutics to be Acquired by Bristol Myers Squibb for $14 Billion
Finance Fintech News

“Bristol Myers Squibb Acquires Karuna Therapeutics “

Business Wire
The company definitive merger agreement under which Bristol Myers Squibb has agreed to acquire Karuna for $330.00 per share in cash, for a total equity value of $14.0 billion, or $12.7 billion net of estimated cash acquired. PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics......
Carlyle and Insight partners to invest in Exiger
Fintech Investments News

Carlyle and Insight partners to invest in Exiger

Fintech News Desk
The partnership will enable Exiger to continue investing in its award-winning product portfolio of AI solutions that are used in critical applications across government and commercial markets. Exiger, a SaaS company, announced today that it has entered into a definitive agreement through which it will receive a majority investment from......
Guidehouse Insights Explores Financing Strategies in the Battery Energy Storage Market
Finance News

Guidehouse Insights Explores Financing Strategies in the Battery Energy Storage Market

PR Newswire
As transition to renewable energy continues, stable financing options and government incentives play major role in promoting energy storage projects globally A new report from Guidehouse Insights explores the types of construction and monetization contracts in the battery energy storage market globally. The transition from fossil fuels to renewable sources of energy......
IBM to Acquire webMethods and StreamSets
Investment Services News

IBM to Acquire webMethods and StreamSets

PR Newswire
IBM to Acquire webMethods and StreamSets The acquisition of StreamSets and webMethods is further evidence of IBM’s deep focus and investment in AI and hybrid cloud. StreamSets will add data ingestion capabilities to watsonx, IBM’s AI and data platform, while webMethods will give clients and partners additional integration and API......
Visa to Acquire a Majority Interest in Prosa to Accelerate Digital Payments Adoption in Mexico
Digital Finance Fintech News

Visa to Acquire Majority Interest in Prosa

Business Wire
Under the Visa and Prosa agreement, Prosa will continue to operate as an independent company with its own technology infrastructure, while Visa looks to expand Prosa’s product offerings with new digital solutions, as well as share its experience and knowledge managing a global network and set of technology capabilities. The......
Cell and Gene Therapy: $27 Billion in Q1-Q3 2023 Funding
Fintech Investments News

Kalorama Infotech Releases Report on Cell and Gene Therapy

PR Newswire
In the most extensive examination of current cell and gene therapy dealmaking, medical market research publisher, Kalorama Information, estimates that the industry attracted over $27 billion in investments throughout the first nine months of 2023. The concepts of cell therapy and gene therapy have been investigated for decades, but there were major......
TessPay Bolsters Payment Solutions for Increased Transparency and Risk Mitigation in Construction Projects
Fintech News

TessPay Bolsters Payment Solutions for Increased Transparency and Risk Mitigation in Construction Projects

GlobeNewswire
TessPay, developer of a fintech platform for securing and streamlining financial transactions that utilizes blockchain technology to provide payment assurance and liquidity through a finance supply chain, announced additional capabilities to its payment solutions that further mitigate risk and ensure transparency for contracts within the construction market. The TessPay Fintech......
Fluent Economic Bridge Acquires ADGM License, Expands Operations to Colombia to Propel UAE Global Trade
Blockchain News

Fluent Economic Bridge Acquires ADGM License, Expands Operations to Colombia to Propel UAE Global Trade

PR Newswire
Blockchain startup Fluent Economic Bridge has officially received its Abu Dhabi Global Market (ADGM) license, permitting Fluent to domicile and conduct operations within the United Arab Emirates’ most prestigious Special Economic Zone. As its first course of action as a licensed ADGM member, Fluent is set to open a new office in Colombia to......
Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round
Lending News

Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round

PR Newswire
Rich Data Co (RDC) a leading AI decisioning platform that helps banks make high-quality lending decisions efficiently and safely – has successfully raised US$17.5m in its Series B round. The funding round was led by major Australian bank Westpac and global leader in cloud banking nCino, and supported by a reinvestment from......
Deloitte Report: Improved Financing Could Save US$50 Trillion as the World Decarbonizes
Finance News

Deloitte Report: Improved Financing Could Save US$50 Trillion as the World Decarbonizes

PR Newswire
Improved financing structures and implementation could help drive down the cost of the transition to net-zero in developing economies by nearly 40% Governments, investors, and financial institutions should work together to develop mechanisms and instruments that can reduce risks and unlock private finance at attractive costs Policy and regulatory initiatives......
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