article thumbnail

After $43B valuation, Databricks acquires data replication startup Arcion for $100M

TechCrunch: M&A

Databricks has remained a hot startup at a time when interest from investors has cooled across the ecosystem. Just last month the company raised $500 million at an eye-popping $43 billion valuation. That would be big money anytime, but especially in the current fundraising climate.

Valuation 303
article thumbnail

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

TechCrunch: M&A

Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with the support of investors has opted to remain independent, the person said. Wiz’s […] © 2024 TechCrunch. All rights reserved. For personal use only.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Apple approaches $4 trillion valuation as investors bet on AI momentum

Global Banking & Finance

By Shashwat Chauhan and Medha Singh (Reuters) -Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

article thumbnail

Robinhood acquires credit card startup X1 for $95M

TechCrunch: M&A

X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital since its 2020 inception. The company announced its most recent raise of $15 million in December, when it also touted a 50% boost in its valuation.

Valuation 313
article thumbnail

Valuation Trends, Buyer-Seller Dynamics, and Advice for Sell-Side Businesses: A Conversation with Michael Norton of Houlihan Capital (Part 1)

JD Supra: Mergers

To help businesses, investors, and deal professionals better understand the evolving M&A market, Robert Connollya partner in LPs Corporate Practice Groupshares a series of conversations with M&A experts. By: Levenfeld Pearlstein, LLC

152
152
article thumbnail

Investing in or Acquiring a Digital Assets Business? Watch Where You Step – Maximizing Value and Managing Risk in Digital Assets M&A (Part 1)

JD Supra: Mergers

As applications and use cases for digital assets and their blockchain infrastructure grow and become more sophisticated, investments and valuations for businesses in these areas have grown as well. The growing number of opportunities have attracted a diverse group of investors and lenders.

article thumbnail

Here’s why Tesla still has more room to fall, one investor says

CNBC: Investing

Investor Boris Schlossberg says Tesla may fall further if analysts drop the valuation on the company to a multiple similar to an ordinary automobile stock.