Tag: arizona
Cybersecurity giants NortonLifeLock and Avast merge in $8.1B deal
US cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse. The agreement, which comes just weeks after both companies confirmed they were in advanced discussions regarding a possible combination of the two brands, will see Avast stockholders receive cash and shares…
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Home services platform Porch acquires four companies
Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch…
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Nikola’s stock crashes after announcing cancelation of contract with Republic Services for 2,500 garbage trucks
The undoing of Nikola continues. Today, the company announced the termination of its contract with Republic Services for 2,500 garbage trucks. Announced back in August, the deal had Nikola building garbage trucks in 2023 with on-road testing scheduled for 2024. This is the latest deal to unravel for Nikola as…
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Snoop Dogg’s Casa Verde Capital closes on $100 million as the cannabis industry bounces back
Casa Verde Capital, the investment fund co-founded by cannabis connoisseur Snoop Dogg (also known as Calvin Broadus), has closed on $100 million for its second investment fund, according to documents filed with the SEC. The fund, whose managing director, Karan Wadhera declined to comment for this article, has managed to…
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PrimaHealth Credit offers a buy-now, pay-later lending service for elective procedures
The Newport Beach, Calif.-based healthcare lending service PrimaHealth Credit is now pitching point-of-sale lending services for elective medical procedures. Taking the kinds of financial lending services that have been popularized by companies like Klarna and Affirm, PrimaHealth Credit is bringing them into elective surgical space for things like cataract surgery,…
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Approaching commercialization for its autonomous radar nav system, Lunewave raises $7 million
Lunewave, the Arizona-based startup developing a novel technology for radars for autonomous vehicles, has raised $7 million in financing as it gets ready for the commercial rollout of its systems. The company’s latest financing came from Proeza entures, Blue 9 Capital, Tsingyuan Ventures and Intact Ventures, the company said. With…
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