The nasdaq-listed financial technology firm, nCino announced the completion of the acquisition of SimpleNexus, one of the fastest-growing technology companies, yesterday.
A source claims the company’s highly-anticipated mixed reality headset will prioritize shorter experiences. Last year rumors began circulating that Apple is in development of its own combination VR/AR headset. As for when we can expect to get our hands on this long-rumored mixed reality device, some sources are reporting a potential 2022 release date, though […]
Clearwater is proud to announce that it has been rated both the top Security Advisors and Consultants and the top Compliance and Risk Management Solution in Black Book Market Research LLC’s annual...
The annual trade and met up of the video game industry, the Electronic Entertainment Expo commonly referred to as E3 is once again going to be an online-only event in 2022. According to a statement from its organizers, The Electronic Software Association (ESA), the annual event is returning as an online-only format for the second […]
Kim joins Carmigo as Chief Operating Officer to help scale its operations. Carmigo is an online marketplace helping individuals easily sell their car for the best price at the comfort of their home by...
Brankas an open finance tech firm announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners.
Chambers and Partners, an independent research company delivering rankings and insights into providers of legal services, has released its selection of Singapore’s top fintech law firms and individual lawyers for
On December 13, Baxter International Inc. (“Baxter”) announced the completion of one of the biggest medtech acquisitions of 2021, acquiring Hillrom (a global medical equipment maker headquartered in Chicago) for a purchase price of ~$10.5 billion. The deal had originally been announced by Baxter in September 2021.
According to a statement on Baxter’s website, “Baxter’s acquisition of Hillrom has formed one of the world’s leading medical technology companies, centered around a shared vision to transform healthcare.”
Baxter’s product portfolio includes diagnostic, critical care, kidney care, nutrition, and surgical products used in hospitals, physician offices, and patient homes. According to Baxter, the addition of Hillrom’s product lines, including legacy Welch Allyn products that were acquired by Hillrom in 2015, will help Baxter improve care outcomes and broaden access to care. Hillrom’s products include the MacroView® Plus Otoscope, the Volara™ Oscillation & Lung Expansion Therapy System, the PST 500 Precision Surgical Table, and the Centrella® Smart+ Bed.
In a press release, Baxter’s chairman Jose E. Almeida stated:
The Baxter-Hillrom combination unlocks the next phase of our transformation, presenting a new wave of potential to drive greater impact for patients, clinicians, employees, shareholders and other communities we serve worldwide. Integrating our complementary capabilities introduces additional opportunities for growth across our broad geographic footprint and also creates remarkable new possibilities for connectivity with leading-edge digital health innovation focused on enhancing care, lowering costs and increasing workflow efficiency.
According to the press release, Baxter expects the combination to result in ~$250 million of annual pre-tax cost synergies within 3 years.
The intent is to connect Team8’s fintech startups with Deloitte and its clients to leverage these new technologies, and to help them understand industry pain points, identify new opportunities,...
