Neoen, a French renewable energy producer, has moved ahead with the first tranche of 209MW of its Goyder South Stage 1 wind farm in Australia, following the completion of the financial close last month. Situated near Burra in the Mid North region of South Australia, the Goyder South Stage 1 wind farm will have a […]
Latin American end-to-end data platform provider Semantix has agreed to acquire Elemeno, a cloud-managed, machine learning operations (MLOps) platform provider to increase its presence in the US. The terms of the transaction were not divulged. Founded in 2021 by Lucas Bonatto Miguel, Elemeno automates machine learning development to help enterprises resolve challenges through artificial intelligence. […]
Carmell Therapeutics, a phase 2-stage biotechnology platform company, is set to go public through a merger deal with Alpha Healthcare Acquisition Corp. III, a special purpose acquisition company (SPAC). Post-closing, the combined business will be renamed Carmell Therapeutics Corporation, which is likely to be listed on the Nasdaq Capital Market. Assuming no redemption of shares […]
Progress Software Corporation, a Nasdaq-listed application development and infrastructure software provider, has agreed to acquire semantic data platform MarkLogic, a Vector Capital portfolio company, for $355 million. With the proposed acquisition, Progress Software anticipates adding NoSQL database and semantic metadata management to its product portfolio and form a unified enterprise-grade semantic data platform. Yogesh Gupta […]
American biopharma major Gilead Sciences and immunotherapy company EVOQ Therapeutics have entered into a partnership to develop and market immunotherapy products. Under the collaboration and licensing agreement, Gilead Sciences will acquire the exclusive license for EVOQ Therapeutics’ NanoDisc technology to pursue product candidates for rheumatoid arthritis and lupus treatment. As per the agreement, EVOQ Therapeutics […]
Monterey Capital Acquisition has agreed to acquire ConnectM Technology Solutions, a clean energy technology and solutions provider, for an implied pre-money equity valuation of $145 million. Under the merger agreement, the newly combined entity will operate under the name ConnectM Technology Solutions and anticipates to become a public company through listing on Nasdaq. ConnectM Technology […]
Thermo Fisher Scientific, an American analytical laboratory instrument manufacturing company, has closed the previously announced acquisition of The Binding Site Group, a UK- based diagnostic products manufacturer, for £2.3 billion ($2.8 billion) in cash. The acquisition complements and adds to Thermo Fisher Scientific’s existing specialty diagnostics offering in oncology. The Binding Site offers specialty diagnostic […]
Ingersoll Rand, an American air and gas compressor manufacturer, has acquired SPX FLOW’s air treatment business for approximately $525 million, in a move to increase its product offering in the broader compressor ecosystem. With the acquisition, Ingersoll Rand anticipates adding compressed air dryers, filters, and other consumables to its key compressor product offering. The deal […]
RateGain Travel Technologies, an Indian travel and hospitality technology firm, will acquire Adara, a US-based data exchange platform, in an all-cash transaction valued at $16.1 million (INR 132.4 crores). The asset purchase agreement is anticipated to establish a comprehensive artificial intelligence (AI) driven travel-intent and data platform that processes more than 200 billion availability, rates, […]
Merck, an American multinational science and technology company, has acquired M Chemicals, a chemical business of South Korea-based Mecaro, for up to €110 million. The transaction value constitutes an upfront cash payment of €75 million and payments of up to €35 million on achieving certain milestones. The acquisition forms part of the “Level Up” growth […]