F5 plans to acquire CalypsoAI, which helps companies secure their generative AI infrastructure, for $180M; CalypsoAI raised $43.2M
Seattle-based security and application delivery giant F5 will pay $180 million to acquire CalypsoAI, a startup founded in 2018 that helps companies secure their generative AI infrastructure.
Seattle-based tax compliance software maker Avalara, acquired by Vista Equity Partners in a 2022 deal valuing it at $8.4B, confidentially files for a US IPO
Prakhar Srivastava / Reuters :
Samsung agrees to acquire Seattle-based Xealth, which helps healthcare providers manage digital health tools and has raised over $50M, for an undisclosed sum
Samsung Electronics has acquired Samsung Next's portfolio company Xealth!! …
Sources: Chinese game publisher NetEase has been directed to divest its overseas holdings, starting with hit game Marvel Rivals, which laid off its Seattle team
Chinese game publisher NetEase raised fears with recent moves that it is unloading as much as all of its overseas holdings …
Seattle-based online retailer Zulily, which had a ~$7B market cap in 2014, winds down; in a December 11 lawsuit, Zulily accused Amazon of stifling its business
Weeks after laying off 800+ employees and suing Amazon … TechRadar : Former ecommerce giant Zulily shuts down PYMNTS.com : Zulily's Last Checkout: The Retail Road to Its Online Closure Pamela N. Danzi...
Seattle-based online retailer Zulily, which had a ~$7B market cap in 2014, winds down; in a December 11 lawsuit, Zulily accused Amazon of stifling its business
Once an e-commerce star, online retailer Zulily will liquidate its inventory to pay its creditors as it winds down.
Amazon plans to close eight Go convenience stores in Seattle, NYC, and San Francisco, as the company reevaluates its brick-and-mortar strategy and cuts costs
Annie Palmer / CNBC :
Twilio plans to sunset Zipwhip's business texting service on December 1, 2023, after acquiring the Seattle-based startup in May 2021 for $850M in cash and stock
Vista Equity Partners plans to acquire Seattle-based automated tax compliance software maker Avalara for $8.4B in an all-cash deal
Global investment giant Vista Equity Partners has announced plans to acquire automated tax compliance software provider Avalara, in an all-cash deal worth $8.4 billion.
Zillow says it is shutting down its home buying business, laying off ~2,000 employees, and taking a write down of $500M+; stock drops 10%+
Zillow Group's ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end. — The Seattle online real estate giant …