#acquisition

#acquisition

On November 6, Sweetgreen announced that it was selling Spyce, its division that developed and made its Infinite Kitchen technology to automate the assembly of its bowls and salads. The acquirer is Wonder, the " restaurant and mealtime superapp," as Fast Company dubbed it earlier this year. With that, it's time to eulogize Sweetgreen's star-crossed life as a tech company. No more dreams of AI, blockchain, or robots.

"Luciano still roasts occasionally," Haas recently told Daily Coffee News. "He comes in in the mornings and will roast and will run the register. At 81 years young, he's certainly earned his retirement, but he's a fixture here."

Modernization isn't about replacing professionals, it's about enabling them to deliver more value, said Chris Knight, CEO at Opteon. By bringing EVP into the Opteon family, we further accelerate our strategy of combining the best people with the best technology to deliver faster cycle times, higher quality, and a better experience for lenders, appraisers, and consumers. Equity Valuation Partners provides residential and commercial appraisal services across the country.

Audioboom delivered $20.4 million revenue and $1.2 million profit in the quarter, garnered a 45% jump in advertisers, and claims "the #1 spot in video advertising rankings."

PartnerOne's investment philosophy and operational excellence will enable us to evolve our platform, deepen our customer relationships, and continue delivering exceptional solutions across the mortgage lifecycle. Mortgage Cadence's platform, which includes its Enterprise and Essentials products, is designed to streamline loan originations and lower operational costs. The company said that joining PartnerOne will support the development of new capabilities, integrations and automation tools for financial institutions, credit unions and independent mortgage banks.

We are excited to welcome the Arcadia team because we share a common mission to solve coverage and capacity problems in a way that works for both carriers and communities.

The move brings together two quality platforms to create a unified, enhanced learning ecosystem, combining Learning Pool's strength in analytics and platform capabilities with Elucidat's innovation in scalable content creation and AI-powered authoring. This expansion follows the recent addition of WorkRamp to Learning Pool's expanding portfolio. WorkRamp is a next-generation Learning Management System (LMS) designed for mid-market and extended enterprise use cases, that aims to provide an intuitive, high-impact experience for employees and customers.

Modern Treasury, a payments infrastructure company valued at $2.1 billion, has acquired the stablecoin startup Beam, the companies announced Wednesday. The acquisition was an all-stock transaction worth about $40 million, according to a source familiar with the deal, who asked to remain anonymous while discussing private business discussions. Founded in 2022, Beam provides banks and other corporations with software to send and receive stablecoins, or cryptocurrencies pegged to underlying assets like the U.S. dollar.

"the investment hypothesis didn't work out as we expected."

The acquisition sees a gutting of key leadership at the auction house: Chabi Nouri has left as chief executive officer and Céline Assimon has stepped down as chief commercial officer. Nouri was appointed to the role only last year, while Assimon joined in 2023. Meanwhile, Alex Lejeune, currently Bonham's chief financial officer, will leave at the end of the year.

Edison Founder and President Larry Rosin publicized the news with a promise that the transition will be smooth sailing for Edison clients. "The most important thing to know about this transaction is that nothing will change for Edison clients," Rosin asserts. "The entire Edison team is joining SSRS, including me, and clients will have total continuity in their experience with us." Edison Research was founded 31 years ago by Rosin and Joe Lenski. Both Lenski and Rosin were an election research specialists before Edison.

Today's actions are a difficult but necessary step as we continue to evolve our business and prioritize investments that will help us continue to thrive in today's media environment,

Smartphone processor and modem maker Qualcomm is acquiring Arduino, the Italian company known mainly for its open-source ecosystem of microcontrollers and the software that makes them function.

AI isn't replacing analysts, it's giving them superpowers.

When I said we have an uncomfortable relationship with our technology, I mean that's the most obscene understatement,

The all-stock deal will see Strive buying Semler shares at roughly $90.52 apiece, a more than 200% premium to its Friday closing price of $29.18. The two firms will together own nearly 11,000 Bitcoin after the merger, according to a press release on Monday. Strive will explore ways to "monetizing" or distributing Semler's "historically profitable diagnostics business at a future date," the announcement said.

Sandwich maker Potbelly is being acquired by the gas station and convenience store chain RaceTrac for $566 million. Potbelly, which was founded in Chicago in 1977, has 445 restaurants across the U.S. company said the deal with RaceTrac will help it reach its goal of quadrupling in size to 2,000 locations. Potbelly stores are both company- and franchise-owned.

deliver the most advanced playing, training and competition experiences for players worldwide.

"I guess I got a little bit disillusioned with only having one string to your bow," he reflects. "If you're given a whole set of marketing and business challenges, there are a gazillion ways of solving those problems. But a media agency will always say you need to buy some advertising, which, of course, is part of the mix, but is only a very small part that usually takes up a big part of the budget."

Barnes & Noble Booksellers, a retailer that itself has closed some stores, has emerged as the sole candidate to buy Books Inc., according to documents on file with the U.S. Bankruptcy Court. Barnes & Noble agreed to pay $3.25 million, according to a letter of intent dated July 7. The potential purchase appears to be an all-or-nothing gambit to survive, a court filing by Books Inc. Chief Executive Officer Andrew Perham indicates. Books Inc. filed for bankruptcy in January.

"Today's browsers weren't built for work; they were built for browsing. This deal is a bold step forward in reimagining the browser for knowledge work in the AI era," Mike Cannon-Brookes, Atlassian's CEO and co-founder, said in a statement. "Together, we'll create an AI-powered browser optimized for the many SaaS applications living in tabs - one that knowledge workers will love to use every day," he added.

Mike Cannon-Brookes, the CEO of enterprise software giant Atlassian, was one of the first users of the Arc browser. Over the last several years, he has been a prolific bug reporter and feature requester. Now he'll own the thing: Atlassian is acquiring The Browser Company, the New York-based startup that makes both Arc and the new AI-focused Dia browser. Atlassian is paying $610 million in cash for The Browser Company, and plans to run it as an independent entity.

Shares of Salesforce Inc. (NYSE: CRM) lost 7.43% over the past month after sliding 1.58% the month prior. That has dragged down the stock's year-to-date loss to 24.35%. Over the past year, CRM is in the red, down 3.38%. Amid that slump, the company's market cap has shrunk to around $239.15 billion, with 1,274 institutional owners having decreased their positions.