Archive for July, 2023

Biogen To Acquire Plano-Based Biotech Reata Pharmaceuticals

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Plano-based global biotech company Reata Pharmaceuticals Inc. is being acquired by Biogen Inc. in a deal valued at roughly $7.3 billion. It’s an all-cash deal for $172.50 per share, the companies said. Reata, which was founded in 2002, said it

Last-Mile Delivery: Plano’s PICKUP Now Merges with Connecticut-Based Company

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Plano-based PICKUP Now is merging with Point Pickup Technologies, a leading provider of enterprise-only, retail-branded fulfillment and delivery services. PICKUP is an enterprise-grade, last-mile delivery service focused on larger item delivery and assembly. The companies said their strategic partnership creates

Dallas-Based TRIPBAM Acquired by L.A. Business Travel Management Firm

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TRIPBAM, a Dallas-based online hotel reservation platform, was acquired by Emburse, a Los Angeles-based leader in travel and expense management, via its financial sponsor K1 Investment Management for an undisclosed amount. TRIPBAM investors include Jaws Ventures and

Dallas’ o9 Solutions Raises $116M in Latest Funding Round for a $3.7B Valuation

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O9 Solutions, a Dallas-based AI software platform provider for transforming planning and decision-making for global enterprises, announced that its existing investors, led by General Atlantic’s BeyondNetZero invested an additional $116M in the Company. Existing investors KKR and Generation Investment Management

Dallas Fintech Zippy Gets Growth Investment from Brand Foundry, Hires B2B2C Growth Veteran

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Dallas-based fintech Zippy has raised additional investment from Brand Foundry and repeat investors. The startup said the capital infusion will drive scalability and meet the growing demand for manufactured home loans. Zippy is in its second year and is