Check out some of the merger and acquisition activity in the Boston tech and life sciences, courtesy of reporting by BostInno and the Boston Business Journal in February — plus a bonus one that could be on the horizon. And be sure to sign up for The Beat, BostInno’s free daily innovation newsletter, so you never miss an M&A deal.
- DraftKings acquired Jackpocket, the top lottery app in the U.S., for $750 million.
- Drift.com was acquired by Salesloft, an Atlanta-based revenue workflow platform, for an undisclosed amount.
- Ginkgo Bioworks completed a number of acquisitions, two in Cambridge and one in New York, and is creating the "Ginkgo Technology Network."
- Healthcare data firm Apollo Intelligence in Watertown has acquired GlocalMind. The acquisition is intended to expand the footprint of Apollo's operations.
- SaaS firm AR insights in Needham has acquired Rhode Island-based Wind Communications Agency.
- A European biotech investor is aggregating six dermatological companies to create Alys Pharmaceuticals Inc., which will be based in Geneva and Boston.
Bonus:
In biotech, 2023 was a rough year. Recruiters in the life sciences said, among other things, said mergers and acquisitions are driving positive activity in the industry. Here’s why.
To wrap it up, travel giant TripAdvisor is likely looking for a buyer.