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Page 178

GlassPoint runs out of steam

Oil extraction technology developer GlassPoint had raised more than $130m from investors including Shell but has wound up in liquidation during the current economic climate.

May 19, 2020
May 19, 2020

Facebook gives $400m for Giphy acquisition

GV and CAA Ventures have exited online GIF database Giphy in a reported $400m deal, sized at approximately $200m less than its valuation four years ago.

May 18, 2020

ADC accelerates to $233m IPO

The AstraZeneca cancer drug spinoff floated above its range in an upsized initial public offering and now has a market cap topping $2bn.

May 18, 2020

Apple nets NextVR in confirmed purchase

NetEase, SoftBank, Time Warner, Madison Square Garden, Dick Clark Productions, Citic Guoan, Founder Group and Comcast have all exited the VR viewing platform at a reduced valuation.

May 18, 2020

Legend Biotech embarks on IPO quest

Genscript Biotech’s subsidiary Legend Biotech, which agreed to an investment worth nearly $151m from Eli Lilly and Johnson & Johnson last month, has filed to go public.

May 15, 2020

Kustomer gets Reply in acquisition deal

Customer communications technology provider Kustomer has acquired chatbot developer Reply, handing exits to Aflac, R/GA and Westfield.

May 15, 2020

Idaptive adapts to $70m acquisition

CyberArk has bought zero-trust identity management platform Idaptive for $70m in cash, two years after it was spun out from Centrify.

May 14, 2020

Atlassian latches onto Halp

Slack-aligned online help desk tool provider Halp has been picked up by Atlassian after disclosing just $2.6m in funding.

May 14, 2020

Tissue Analytics joins Net Health

The Johns Hopkins University-founded wound evaluation software developer had counted Tencent and Penn Medicine among its backers.

May 14, 2020
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