FRANKFURT: German drugmaker Merck KGaA said Monday it agreed to acquire London-based Silence Therapeutics in an all-cash deal valued at about $1.3 billion, adding an experimental treatment for a rare blood cancer and a platform for developing RNA-based medicines. Merck…
TORONTO: Canadian AI lab Cohere said Thursday that it had signed a letter of intent to buy AISLE, a San Francisco–based cybersecurity startup that uses artificial intelligence to detect vulnerabilities in software. The acquisition would add cybersecurity to the business…
BERLIN: German energy startup 1Komma5Grad said it was valued at $1.35 billion in its latest financing round as it ramps up investments in its energy artificial intelligence business. The company said it will invest more than 100 million euros ($111.90…
JPMorgan Chase has named Eleni Skoura as head of its Chase business in Germany, succeeding Daniel Llano Manibardo, according to Reuters on Thursday. Skoura will assume the role on Jan. 1 and report to Manibardo, who will take over as…
AI agent startup Manus has raised more than $500 million in its first funding round since Chinese regulators forced Meta to abandon its acquisition of the company, signaling that investor appetite for AI-agent startups remains strong despite the setback. Butterfly…
MOSCOW: Russia’s state nuclear company Rosatom said Wednesday it has taken full control of logistics group Delo, announcing plans to create the country’s largest network of rail, road and port terminals. Rosatom, which previously held 49% of Delo, bought the…
LONDON: Apollo Global Management has submitted a non-binding offer for Uniper, the German state-owned energy firm, joining a crowded field of suitors bidding for one of Germany’s largest utilities, Reuters reported. Potential bidders had until September 21 to submit indicative…
SAN FRANCISCO: Multiply Labs, a company that builds robotics for drug manufacturing, said it has raised $75 million in Series B funding, bringing its total capital raised to more than $100 million since it was founded in 2016. The round…
NEW YORK: FVLCRUM Funds announced Tuesday it has acquired Fidelity Technology Services, a provider of military simulation training systems and services to the U.S. Department of War and allied nations. Terms of the deal were not disclosed. FTS, founded in…
NEW YORK: Zeta Global (NYSE: ZETA), the intelligent AI infrastructure company, announced Tuesday it has entered a definitive agreement to acquire Senso, a Y Combinator-backed AI engineering company whose technology helps power Zeta’s Generative Engine Optimization offering. The acquisition will…
NEW YORK: Allegion plc, a global security products and solutions provider, has acquired privately held Overly Door Company, the company announced. Overly, founded in 1888 and headquartered in Greensburg, Pennsylvania, manufactures custom specialty doors for acoustic, blast, bullet-resistant and vault…
NEW YORK: Champion Homes, Inc. (NYSE: SKY) announced it has entered into a definitive agreement to acquire the assets of Timberline Homes, Inc., a manufactured and modular home retailer with nine locations across Alabama, Mississippi and Florida. Terms of the…