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July M&A deal roundup: Machine learning, rare diseases and identity threats


Zarur-Andrey-Head-Shot
Andrey Zarur is the co-founder and CEO of GreenLight Biosciences.
GreenLight Biosciences

Check out the eight mergers and acquisitions of tech and life sciences companies BostInno reported on in July. 

  • Biogen Inc. is paying $7.2 billion to buy the Texas-based rare disease company Reata Pharmaceuticals Inc.
  • Infinity Pharmaceuticals Inc., a Cambridge biotech, laid off most of its staff in the wake of a failed merger agreement.
  • GreenLight Biosciences’ year-long run on the public markets ended after its acquisition by a group of investors led by Fall Line Capital.
  • Beacon Biosignals, a machine learning-powered analytics company, acquired Dreem, a Paris-based at-home sleep monitoring company. The Boston company said this acquisition expands its clinical trial assessment capabilities. 
  • Cisco Systems Inc. intends to acquire Oort, a Boston startup known for its identity threat detection and response technology. Oort founder Matt Caulfield told BostInno this acquisition was like a homecoming. Caulfield worked for Cisco for a decade before founding Oort. 
  • Korro Bio is set to combine with Frequency Therapeutics Inc. in what amounts to a mechanism for Korro to hit the public markets. 
  • Thermo Fisher Scientific is buying Waltham-based healthcare data provider CorEvitas for $912.5 million.
  • Artemis, a Boston-based private equity firm, acquired SightLine Applications, a developer of image processing electronics and software products.

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