Latest Posts Under: California

PayPal signs $4bn deal to buy shopping and rewards platform Honey Science

PayPal acquisition of Honey Science : PayPal has signed a deal worth around $4 billion to acquire Honey Science, Los Angeles-based technology firm, which has developed a shopping and rewards technology platform. Honey Science operates as a web browser add-on and also as a mobile app serving about 17 million customers with discount codes and […]

Retail tech startup Accel Robotics raises $30m from SoftBank and others

California-based Accel Robotics, a retail tech startup which uses artificial intelligence (AI) and computer vision to provide checkout-free experience, has raised $30 million in a Series A funding round led by SoftBank Group. Founded in 2015, Accel Robotics enables customers to grab products they need and go. As the products are automatically tallied when they […]

Slashdot Media merges with digital-media and big data company BIZX

Slashdot Media, BIZX merger : Slashdot Media, a communications technology company, has merged with digital-media and big data company BIZX in a move to create a major provider of B2B, software, technology, and data. The enlarged company, headquartered in San Diego, California, will operate as Slashdot Media. It will offer B2B software buying tools, open […]

Intel acquires Israeli AI processing company Habana Labs for $2bn

Intel acquisition of Habana Labs : Intel has acquired Israeli AI processing company Habana Labs for nearly $2 billion, in a move to bolster its artificial intelligence (AI) portfolio. The acquisition of the AI chipmaker is also expected to fast track Intel’s efforts in the AI silicon market, which it predicts to be more than […]

Intel acquires Israeli AI processing company Habana Labs for $2bn

Intel acquisition of Habana Labs : Intel has acquired Israeli AI processing company Habana Labs for nearly $2 billion, in a move to bolster its artificial intelligence (AI) portfolio. The acquisition of the AI chipmaker is also expected to fast track Intel’s efforts in the AI silicon market, which it predicts to be more than […]

Constellation Brands, E. & J. Gallo Winery sign revised deal to address FTC concerns

US drinks companies Constellation Brands and E. & J. Gallo Winery have agreed to revise their previously announced $1.7 billion deal in order to address regulatory concerns, as per the latest drinks acquisition news. Constellation Brands said that the revisions to the transaction are to resolve competitive issues brought up by the US Federal Trade […]

Charles Schwab, TD Ameritrade sign $26bn merger deal

Charles Schwab acquisition of TD Ameritrade: Charles Schwab, a California-based bank and stock brokerage firm, has signed an all-stock deal valued at around $26 billion to acquire TD Ameritrade, a securities brokerage services provider based in Nebraska. TD Ameritrade offers investing services to nearly 12 million client accounts totaling around $1.3 trillion in assets, and […]

Inszone Insurance Services acquires Jones Wilson Insurance in Arizona

Inszone Insurance Services, a California-based personal and commercial lines insurance provider, has acquired Arizona-based Jones Wilson Insurance for an undisclosed price, as per the latest insurance acquisition news. Jones Wilson Insurance, which is headquartered in Benson, has been offering insurance services to businesses and residents of Cochise County for close to six decades. Troy Jones […]

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