German business software giant SAP SEA said it would return Qualitrix International Inc. to the public market, with at least 50% of the business value expected to be paid for the startup two years ago. Prova, Utah-based Qualitrix, in a regulatory filing on Monday, sets the initial price range between …
Read More »Sorting out Tony Hissy’s estate, thousands of sticky notes from LLC
Inside Tony Hussey’s mansion in Park City, Utah, thousands of color-coded sticky notes covered the walls, representing many of the financial commitments that Zappos.com Inc. eventually made. Were co-founders of employees, friends and local businesses, according to acquaintances. According to people close to Mr., those registrations, written by a tech …
Read More »Uber sells its ‘flying taxi’ business to startup Joby
A day after unloading its self-driving vehicle unit, Uber Technologies Inc. Silicon Valley startup Joby Aviation said it would acquire Uber Elevate, and that Uber has agreed to invest 75 75 million as part of the deal. Joby told Uber UBR, -1.47% It had previously invested an undisclosed $ 50 …
Read More »Palantier is expected to cost around 22 22 billion in its trading debut.
In the latest sign of investors ’bad appetite for new shares, Palantier Technologies Inc. Despite an unusually aggressive governance structure, the transition to public company is expected to receive a high appraisal. The data-mining-software software expert is directing the traditional IPO route and revealing it by direct listing, in which …
Read More »Buffett-backed cloud Unicorn’s snowflake mesh record 3. 3.4 billion record-breaking software in IPO
Snowflake, backed by billionaire investors, said it would raise $ 3.4 billion in the largest software IPO ever, valued at $ 33 billion. The cloud-data platform will sell 28 million shares of one million 120 million pieces. Snowflake plans to list on the New York Stock Exchange under the ticker …
Read More »