Arc portfolio company ChargePoint announced that it will become a public company through a business combination with Switchback Energy Acquisition Corporation (NYSE:SBE), valued at $2.4 Billion. The official press release can be found here. ChargePoint, Inc. to Become Public Company, Advancing EV Charging Network’s Reach Across North America and Europe Business Combination with Switchback Energy…
Facebook buys GIF website Giphy to integrate with Instagram
Giphy is a portfolio company of Arc Ventures' portfolio fund Betaworks. (from Reuters) - Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, Facebook said in a blog post on Friday. From Reuters: FILE PHOTO: A 3D printed Facebook logo is placed between small toy people figures in…
Orgenesis Announces Agreement to Acquire TamirBio
Orgenesis, a pioneering, global biotech company committed to lowering costs, accelerating commercialization, and transforming the delivery of cell and gene therapies (CGTs), announces it has entered into an agreement to acquire the assets of Tamir Bio, including ranpirnase, TamirBio’s broad spectrum anti-viral platform.
Intuitive Acquires Orpheus Medical to Expand Informatics Platform for Hospitals
Intuitive acquires Orpheus Medical to expand informatics platform for hospitals. “Combining both companies’ innovative technologies with Intuitive’s global reach and resources will enable current and future customers easier and faster access to their data,” said Gaddi Menahem, CEO of Orpheus Medical.