CTI BioPharma, a Seattle-based publicly traded biotech company developing therapies for blood-related cancers, is set to be acquired in a deal with Swedish biotech giant Sobi. The acquisition, announced Wednesday,… Read More
Caravel, a conversational intelligence platform, has been acquired by Commsor, a New York-based company founded in 2019 that helps companies manage their online communities. Portland, Ore.-based Caravel launched in 2018… Read More
Another day, another deal. That’s sometimes how it feels around the GeekWire newsroom as we track the latest venture rounds, private equity buyouts, acquisitions, IPOs, SPACs and every other transaction.… Read More
Microsoft is considering buying a bigger chunk of fast-growing social media giant TikTok. According to a report in The Financial Times, Microsoft has discussed the possibility of buying TikTok’s business… Read More
Microsoft has reached a deal with pharmaceutical giant Novartis that aims to bring the power of artificial intelligence to drug discovery. “AI is perhaps the most transformational technology of our… Read More
MoxiWorks, a Seattle startup that operates a platform for real estate brokers, has raised cash from private equity firm Vector Capital. The company declined to reveal the size of the… Read More
Amazon’s Treasure Truck keeps on truckin’. Two years after expanding on its quirky, Seattle-only deals-on-wheels idea, Amazon announced Wednesday that the Treasure Truck shopping experience is coming to Charlotte, N.C.,… Read More
The $74 billion merger of Bristol-Myers Squibb and Celgene has been delayed as FTC pushback spurred Celgene to divest a major psoriasis drug. The news rattled investors’ confidence and sent… Read More
Hey investors, how does the Pacific Northwest stack up in life sciences? It’s a loaded question, given that venture capitalists invested far less in the Pacific Northwest in 2018 than… Read More
Merck, one of the world’s largest drugmakers, agreed to buy Seattle-based biotechnology company Immune Design for $300 million in cash. The deal’s price tag, at $5.85 per share, amounted to… Read More
RealNetworks doubled its stake in Rhapsody International, which owns music streaming service Napster, from 42 to 84 percent. RealNetworks will pay $1 million up front in a deal that could… Read More
It’s a good day to be Sunny Gupta. The Apptio co-founder and CEO stood to make $196 million as the deal to take the company private was completed on Thursday. Two… Read More
Adaptive Biotechnologies has signed a $300 million collaborative licensing agreement with Genentech to develop highly personalized cancer therapies. In addition to the up-front payment, Adaptive could receive up to $2… Read More
When Rover started seven years ago, many in the startup community snickered. There was no real business model, they said. A marketplace that matched dog owners with caretakers wouldn’t work, they… Read More
Bizible CEO Aaron Bird hit the fundraising trail earlier this year, looking to raise some additional venture capital. The Seattle entrepreneur found a buyer instead. Bizible, whose software helps organizations… Read More
Zulily. PopCap. Blue Box. PitchBook. Those are just a few of the past winners in the Deal of the Year category in the GeekWire Awards. And this year, we will… Read More
Seattle-based Avvo, which runs an online legal directory, marketplace and reviews site, has entered into an agreement to be acquired by Internet Brands, a large holding company whose portfolio includes… Read More
Things were falling apart at Blok24. Fundraising efforts were faltering. The product needed a revamp. And, most frighteningly, the bank account had dwindled to just $16,000. It was the end… Read More
When Mixpo entered into a partnership with Netsertive last year, the two companies had no idea that it would end in a formal marriage. But that’s what is happening today… Read More
Starting today, the Amazon Treasure Truck is hitting the streets of Los Angeles, Chicago, Atlanta, Dallas, and Houston. Amazon first debuted the Treasure Truck in Seattle in February 2016. The quirky… Read More
Amazon is teasing plans to expand its Treasure Truck to more U.S. cities, a year-and-a-half after debuting the roving flash sales-mobile in its hometown of Seattle. The company announced on the Treasure… Read More
Amazon.com and Dish Network Corp. have held discussions about the two companies inking a partnership agreement to build-out a new wireless network, or forming an alliance where Amazon Prime members… Read More
Kitt.ai, the Seattle artificial intelligence startup that’s developing a conversational language engine known as ChatFlow and a “hotword” detection platform known as Snowboy, has been acquired by Chinese search giant… Read More
E-commerce pioneer Mark Vadon, who helped transform the way people buy engagement rings with Blue Nile and kids clothes with Zulily, has done it again. This time in pet supplies.… Read More
PitchBook specializes in compiling venture capital, IPO and M&A data on tens of thousands of companies, offering investors, journalists and analysts a treasure trove of information about the latest deals… Read More
Donald Trump may have popularized the “art of the deal,” but over the past 12 months there were plenty of big-time deals happening in the Pacific Northwest tech community. Venture… Read More
Many startups have removed friction for consumers trying to cash in on an online deal. Deals sites like Groupon and Livingsocial send out targeted alerts when deals come online, store your… Read More
Bitcoin advocates have long tried to ditch the cryptocurrency’s reputation as a means to untraceably pay for illegal mind-altering substances. Paying for legal mind-altering substances may be a good first… Read More
You may not think of Microsoft as a retailer. But the Redmond-based company does sell quite a bit of merchandise, from Xbox consoles to smartphones. And just like almost every other… Read More
The idea of offering a discount to attract new users has been around since the 1800s, when Coca Cola offered paper tickets for free soda fountain drinks. With the rise of… Read More