Roomba vacuum maker iRobot says it has struck an agreement to acquire Robopolis, a Lyon, France-based distributor of iRobot products, for $141 million in cash.
The deal is aimed at boosting iRobot’s (NASDAQ: IRBT) distribution network and ensuring “global brand... Read more »
[Updated 7/26/17, 4:56 pm, with comments from co-CEO.] 6 River Systems has scooped up $15 million from investors to help push its robots into more warehouses.
The new funding round was led by Norwest Venture Partners, with contributions from... Read more »
Dallas—Prodea Systems, a suburban Dallas maker of Internet-connected software, has acquired a California-based competitor, Arrayent.
“There are more and more services and systems and devices that would become smart and try to deliver information,” Anousheh Ansari, Prodea’s co-founder and CEO,... Read more »
New data have given new life to Tetraphase Pharmaceuticals (NASDAQ: TTPH), which now has a shot to bring an experimental antibiotic to market despite a failed trial in the past.
The Watertown, MA, company reported positive results late Tuesday in... Read more »
For filmmakers and game designers, virtual reality technology has created a quirky playground of the imagination where characters can actually run into themselves at a bar, and where viewers’ eyebrows can be made invisible to widen their views of the sky.... Read more »
Genomics startups are increasing in number and quality, so much so that three-year-old Illumina Accelerator has expanded with its latest class to accommodate five of them. Xconomy got an early look at the specialty accelerator’s sixth cohort, which includes a company... Read more »
The gap between the number of open tech jobs and the number of qualified candidates to fill them is an ongoing challenge in many parts of the country.
In Michigan, that problem is especially acute. Doing a keyword search for IT... Read more »
[Updated 7/26/17 10:51 a.m. See below.] Why store information on a thumb drive when you can store it directly in your thumb?
Three Square Market, a River Falls, WI-based company that helps clients equip their offices with miniature... Read more »
Exact Sciences continues to raise the bar.
Strong sales for Exact’s (NASDAQ: EXAS) flagship product, the colorectal cancer test Cologuard, led the Madison, WI-based company to boost its 2017 revenue forecast to between $230 million and $240 million. That marks... Read more »