Continuous spooled fiberglass, one of the mediums used by Markforged 3D printers.
W. Marc Bernsau
September saw more mergers and acquisitions than the month prior, with software companies leading the pack. Boston companies acquired companies from other states and were acquired by international companies.
To learn more about the deals, check out August’s mergers and acquisitions, courtesy of reporting by BostInno and the Boston Business Journal. (And be sure to sign up for The Beat, BostInno’s free daily innovation newsletter. See past examples here.)
- uMotif, a London-based clinical research company, acquired ClinOne, a Needham-based site platform provider. The specifics of the acquisition were not publicly disclosed.
- Progress Software Corp., a provider of application development and infrastructure software with about 300 Massachusetts employees, bought ShareFile, a business unit of Cloud Software Group Inc. based in Raleigh. The purchase price is $875M, and it consists of cash and Progress’ existing revolving credit facility.
- Boston Scientific Corp. announced the close of its acquisition of Silk Road Medical Inc. The acquisition includes a purchase price of $27.50 per share, reflecting an enterprise value of approximately $1.18B.
- Appfire, a Burlington-based software company, announced its acquisition of JXL, an app for inline spreadsheet editing. The specifics of the acquisition were not publicly disclosed.
- Vitalograph, a Colorado-based biotechnology company, announced the acquisition of Morgan Scientific, the Massachusetts-based biotechnology company focusing on respiratory diagnostics.
- Markforged, which has over 180 full-time employees in the Bay State, was acquired by Nano Dimension Ltd. in a $115M cash deal expected to close in the first quarter of 2025. Nano Dimension Ltd., with U.S. headquarters in Waltham, is the same manufacturer that inked a deal worth up to $185M to acquire Desktop Metal Inc. earlier this year.
- Mastercard Inc. signed a deal to buy Somerville-based Recorded Future from New York-based Insight Partners. The deal is expected to close by the first quarter of 2025.
