SPS Commerce Explores Sale After Activist Investors Turn Up the Heat
The company is working with Morgan Stanley, with private equity firms expected to show interest.
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CoreWeave Chooses Backblaze for Multi-Exabyte AI Data Storage Deal
Backblaze signs $335M five-year deal with CoreWeave for multi-exabyte AI storage, delivering cost-efficient capacity for AI workloads.
Sangamo Therapeutics Files for Chapter 11 Bankruptcy, Strikes Asset Deals with Eli Lilly and Astellas
The deals cover key gene therapy platforms and the Fabry disease program in a court-supervised auction.
Serapha Bio to Go Public via Merger with Boundless Bio, Raising $230 Million
Boundless Bio and Serapha Bio announce a merger and $230 million private placement. The combined company will advance SERP-01, a base editing therapy for Alpha-1 Antitrypsin Deficiency (AATD).
MacroGenics to Receive $24.5 Million Milestone Payment from Sanofi Following FDA Approval of TZIELD for Stage 3 Type 1 Diabetes
MacroGenics receives $24.5 million from Sanofi after FDA expands TZIELD approval to children aged 8-17 with newly diagnosed stage 3 Type 1 diabetes.
Qualcomm Nears $4 Billion Acquisition of AI Startup Modular
The deal would boost Qualcomm’s AI software capabilities and challenge NVIDIA’s dominance in AI inference.