Mergers And Acquisition

Cision to snag Brandwatch in $450m acquisition
Cision, already a shareholder in the social media analytics provider, is set to pay $450m to acquire it, following $63m in funding.
MDLive heads to Evernorth
Sutter Health, Novo, Sentara and Health Care Service Corporation are set to exit the virtual healthcare provider in an acquisition of undisclosed size.
Markforged devises reverse merger plan
Microsoft, Porsche and Siemens have all scored another win as Markforged pursues a reverse merger that will net it $425m in gross proceeds.
Berkshire Grey picks reverse merger route
SoftBank’s robotics portfolio company Berkshire Grey has lined up a reverse merger with Revolution Acceleration Acquisition Corp and will be valued at $2.7bn.
ReNew Power charges towards Nasdaq
Having abandoned plans for an IPO three years ago, ReNew Power has now settled on a reverse merger and will secure proceeds worth $1.2bn.
Joby Aviation takes flight for reverse merger
The Intel Capital, JetBlue Technology Ventures, Toyota AI Ventures and Uber-backed flying car developer is set to list on the NYSE.
Enovix picks partner for reverse merger
The Intel, Qualcomm and Cypress Semiconductor-backed battery technology developer will be listed on the Nasdaq Capital Market.
Vedantu inhales Instasolv
Academic answer provider Instasolv has agreed to be acquired by Vedantu eight months after receiving $2m in funding from the latter.

Other News

Lucid Motors reveals reverse merger details
Mitsui-backed Lucid will be valued at $11.8bn once the deal closes, as it prepares to commercially launch its all-electric luxury sedan.
Xos carries itself to reverse merger
Proeza-backed electric truck producer Xos will list on the Nasdaq Stock Market and have an implied pro forma market capitalisation of $2bn.
Acast acquires RadioPublic
The New York Times, Automattic, WGBH, American Public Media, McClatchy, Graham Holdings and Bose have exited the podcasting platform developer through the deal.
MedPilot lands at Vytalize
MedPilot, a developer of healthcare revenue management software, has been acquired after raising $3.6m from backers including Cedars-Sinai Accelerator.
Humacyte hooks into Alpha Healthcare
Fresenius Medical Care and Access Industries-backed Humacyte will merge with Alpha Healthcare Acquisition Corp to become a public business with a market cap of $1.1bn.
CrowdStrike captures Humio for $400m
Dell is celebrating an exit as Humio agreed to a $400m acquisition by CrowdStrike, less than a year after Dell led a $20m series B round for the cybersecurity company.

Editor's Picks

23andMe links to Virgin in $3.5bn reverse merger
The corporate-backed genetic testing service is joining forces with an NYSE-listed special purpose acquisition company sponsored by Virgin Group.
Proterra opts for reverse merger route
Mitsui, Edison Energy, BMW, Daimler, General Motors and Exelon-backed electric bus manufacturer Proterra achieved a $1.6bn enterprise value in the deal.
SoFi's valuation soars in reverse merger deal
SoftBank and Renren-backed online financial services provider SoFi will list on the New York Stock Exchange at an $8.65bn valuation double that of its last round.
Aurora drives $10bn Uber ATG merger
Uber's autonomous driving spinoff, which had raised $1bn from SoftBank Vision Fund, Toyota and Denso, is merging with self-driving technology producer Aurora.
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