• Oracle is acquiring a tiny cloud startup backed by Qualcomm to build out its health science product suite

    1 month ago - By Business Insider

    Oracle is acquiring goBalto, a health tech start up which focuses on reducing the time it takes to start a new clinic trial.
    goBalto, which was last valued at $70 million in a 2015 funding round, was backed by investors including Qualcomm Ventures.
    The terms of the deal were not disclosed.
    Oracle is making moves to grow its health science platform with its acquisition of goBalto, a cloud startup focused on streamlining the clinic trial process.
    The San Francisco-based goBalto was last valued at $70 million in 2015, according to Pitchbook.
    Since its Series A in 2008, goBalto has raised...
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  • A tiny Chinese manufacturer of eco-friendly building products explodes by 950% after pivoting to gemstones

    A tiny Chinese manufacturer of eco-friendly building products explodes by 950% after pivoting to gemstones

    1 month ago - By Business Insider

    Yulong Eco-Materials , a tiny Chinese manufacturer of eco-friendly building products, announced Wednesday it had completed the acquisition of a gemstone for $50 million.
    The company is in the process of selling its China business, and plans to relocate its headquarters to New York this month, devoting all its resources to its new business.
    Shares exploded nearly 1,000% following the news.
    Watch Yulong trade in real time here.
    Yulong Eco-Materials , a tiny Chinese manufacturer of eco-friendly building products, rallied as much as 950% on Wednesday after the company acquired a gemstone for...
    Read more ...

     

  • A tiny Chinese manufacturer of eco-friendly building products explodes by 950% after pivoting to gemstones

    A tiny Chinese manufacturer of eco-friendly building products explodes by 950% after pivoting to gemstones

    1 month ago - By Business Insider

    Yulong Eco-Materials , a tiny Chinese manufacturer of eco-friendly building products, announced Wednesday it had completed the acquisition of a gemstone for $50 million.
    The company is in the process of selling its China business, and plans to relocate its headquarters to New York this month, devoting all its resources to its new business.
    Shares exploded nearly 1,000% following the news.
    Watch Yulong trade in real time here.
    Yulong Eco-Materials , a tiny Chinese manufacturer of eco-friendly building products, rallied as much as 950% on Wednesday after the company acquired a gemstone for...
    Read more ...