ConocoPhillips, a company engaged in hydrocarbon exploration acquired Concho Resources, a fracker squarely focused on the Permian Basin, in a $9.7 billion all-stock takeover deal. The merging of two high-level... read more →
Google Cloud has launched Lending DocAI, a tool that will automate the mortgage document processing. The tool will help mortgage companies speed up the process of evaluating a borrower’s income... read more →
Juniper Networks, a leader in secure, AI-driven networks, is acquiring 128 Technology – accelerating the industry transformation from network-centric SD-WANs to user-centric AI-driven WANs. 128 Technology’ offers unique session-smart networking... read more →
SK hynix and Intel have signed an agreement, under which SK hynix would acquire Intel’s NAND memory and storage business for US $9 billion. The acquisition deal includes the NAND... read more →
Intellizence tracks the latest layoff, downsizing, employee termination, furlough announcements from multiple news and regulatory filings. Following is the highlight of a few major layoffs of the week ending October... read more →
Major companies that have filed for bankruptcy protection during the week were: Figueroa Mountain Brewing Co. has filed for Chapter 11 bankruptcy , citing the COVID-19 pandemic's effect on business.... read more →
Intellizence monitors the latest Startup Fundraising, Venture Capital (VC), Private Equity (PE) deals from multiple news, press releases, and regulatory filings. Following is the highlight of a few interesting deals... read more →
At Intellizence, we monitor the latest Merger & Acquisition (M&A) deals from multiple news, press releases, and regulatory filings. The following are highlights of a few interesting deals for the... read more →
Yoga instruction company YogaWorks filed for Chapter 11 protection seeking an asset sale after pandemic-related restrictions led to closure of its physical studio locations. According to the court filing, YogaWorks... read more →
Eli Lilly, an American pharmaceutical company, has agreed to acquire Disarm Therapeutics, a private biotechnology company that develops a new class of disease-modifying therapeutics for patients with axonal degeneration. This... read more →