Image Credits: Chung Sung-Jun / Getty Images Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire Sonio, a Paris-based startup that makes AI-powered software for ultrasound workflows, for about $92.7 million (KRW 126 billion). The French startup’s AI assistant is aimed …
Image Credits: Andrei Stanescu / Getty Images As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments in the contract management space, most recently launching DocuSign IAM, a …
The General Services Administration on Monday released a resource guide for federal purchasers looking to buy generative artificial intelligence solutions and related computing infrastructure, completing a requirement in the White House’s October AI executive order. The GSA’s Generative AI and Specialized Computing Infrastructure Acquisition Resource Guide details how contracting officers can approach gen AI procurement …
IBM and HashiCorp Inc., a leading multi-cloud infrastructure automation company, today announced they have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Infrastructure Lifecycle Management and Security Lifecycle Management capabilities to …
Cloudflare, Inc. , the leading connectivity cloud company, announced an entrance into the observability market with the acquisition of Baselime, the cloud-native observability platform. By integrating Baselime’s technology with Cloudflare’s developer platform, Cloudflare will be uniquely positioned to bring deep knowledge of serverless platforms and developer experience together to solve the challenges of observability for …
Image Credits: Andriy Onufriyenko / Getty Images Chronosphere, a startup that offers a cloud native observability platform, today announced that it has acquired Calyptia. While the company itself may not be a household name, Calyptia was founded by the creators of the Fluent Ecosystem, which includes the popular open-source observability projects like data collector Fluentd …
Image Credits: Goodnotes London-based notetaking startup Goodnotes said today it is acquiring South Korean startup Dropthebit, which operates a meeting and video summary tool called Traw. With the acquisition, Goodnotes is looking to move beyond classrooms and explore making productivity tools for professionals. As part of the deal, all three co-founders of Dropthebit will move …
Good Chemistry’s CEO and team will join SandboxAQ’s simulation teams. Vancouver-based computational chemistry startup Good Chemistry has been acquired by SandboxAQ. The financial terms of the deal were not disclosed, but sources who spoke with The Wall Street Journal said the deal roughly amounted to $75 million USD in cash and stock. Good Chemistry’s …
SoftwareOne Holding AG, a leading global software and cloud solutions provider, today announced that it has acquired Novis Euforia, a SAP and cloud services company specialised in migrating and converting SAP environments to SAP S/4HANA and the cloud. The acquisition further expands SoftwareOne’s SAP practice, adding a team with deep technical expertise, as well as …