Check out the 10 mergers and acquisitions of tech and life sciences companies we reported on in May.
Utah-based eLearning Brothers acquired Boston-based CoreAxis, a corporate training services company. Terms of the deal were not disclosed.
Marlborough-based Quantiphi, an AI digital engineering company, has agreed to acquire healthtech company Accreon Inc. Terms were not disclosed.
Epicore Biosystems acquired the assets and intellectual property of Eccrine Systems, a Cincinnati-based wearable sensor company. Epicore makes wearable, “skin-like” patches that measure biomarkers found in sweat and raised a $10 million Series A round in February.
Framingham health care firm Alira Health acquired an equity crowdfunding platform co-founded by Jerry Harrison, keyboardist for the Talking Heads. Terms of the deal were not disclosed.
BlueWave, a Boston-based solar and energy storage developer, was acquired by Axium Infrastructure, an infrastructure investment management firm. Terms of the deal were not disclosed.
MIT spinout Aspen Technology Inc. has closed a merger with two units of Emerson Electric Co. Emerson and AspenTech announced their deal, valued at $11 billion, in October 2021. As part of the deal, Emerson provided $6 billion to acquire a 55% ownership stake in AspenTech.
Milton-based edtech company BoomWriter Media Inc. merged with Walch Education. The new umbrella company will be called BW Walch. Terms of the deal were not announced.
Innoviva Inc. completed its acquisition of Waltham-based Entasis Therapeutics Holdings Inc. The acquisition values Entasis’ equity at $113 million on a fully diluted basis.
Entasis Therapeutics, the Waltham-based novel antibiotics developer that spun out of AstraZeneca plc in 2015, has been acquired by its majority shareholder, California's Innoviva Inc. Innoviva, which had already owned 60% of Entasis, paid $2.20 per share to acquire the rest of the company’s stock.
Chipmaker Broadcom Inc. made one of the year's largest takeovers, acquiring enterprise software maker VMware Inc. for $61 billion in cash and stock. VMware employs 771 workers in the Boston area.
