Medical robotics developer Vicarious Surgical with Bill Gates’ investment is planning a listing. The manufacturer is negotiating a merger with SPAC-company D8 Holdings, according to Bloomberg, citing its sources.
The parties are discussing a merger, which could result in a $ 1.1 billion valuation of the combined company. Negotiations are currently underway, an anonymous source told Bloomberg that there is no final decision and the companies may stop discussing the deal.
Vicarious Surgical develops robots for surgery. According to the creators of the startup, not every hospital can afford expensive surgical equipment, which also often takes up a lot of space – so the company expects to attract customers with less expensive and less cumbersome solutions.
A person can control such works with the help of augmented reality. They are miniature robotic human hands, which the surgeon is able to remotely control with the help of controllers and VR-helmet, being hundreds of kilometers from the site of operation.
Graduates of the Massachusetts Institute of Technology founded the startup in 2014. By 2019, the company managed to raise about $ 31.8 million. The startup received part of the money from the fund of Microsoft co-founder Bill Gates – Gates Frontier.
D8 Holdings was listed on the New York Stock Exchange in July 2020. Then they managed to raise $ 345 million.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]
In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]
The next week, on June 4, Smile-Expo will host large-scale AI Conference Kyiv. The event will focus on the use of artificial intelligence in business and will bring together leading industry experts. Who and why should attend the conference – further in the article. Four Reasons to Attend AI Conference Kyiv 1. Seven hours of […]
Next
Intellias has been recognized among the best IT service companies according to the annual Best Employer Survey by EY Ukraine. During this survey, the industry’s professionals and students ranked the best IT employers and specified employer attractiveness criteria. Among other Top 10 IT employers the professionals also mentioned Ciklum, EPAM, Genesis, GlobalLogic, Google, Grammarly, MacPaw, […]
Next
Net profit of the American company Intel, one of the world’s largest manufacturers of computer components, in the first nine months of 2020, which ended on September 26, rose from 6.3% to $ 15.042 billion, according to the company press release. Adjusted earnings per share for the reporting period were $ 3.52 against $ 3.14 […]
Next
A head of the National bank of Ukraine appeals to law enforcements with the request to inspect Soyuz and Veles banks. It returned to work in spite of the fact that the Central Bank had decided its liquidation. V.Gontareva informed on Thursday that these two banks recently had renewed its work. NBU stopped its functioning […]
Next
Two of the biggest telecom operator in France, recently reported about their intentions to merge. The amount of the transaction and its details were not disclosed at the moment. This is not the first attempt to conclude an agreement on the merger, talks between the parties were conducted in the past year, but companies could […]
Next
Automaker Nissan has introduced a new car Nissan Z. The sports car is equipped with a 3-liter twin V6 turbo engine, 400 horsepower and 350 Nm of torque. Nissan Z can accelerate to 96 km / h in 4.3 seconds. The sports car is equipped with a 6-speed manual transmission. A 9-speed automatic transmission will […]
Next
Billionaire investor Carl Icahn made a statement that he is ready to pay for the purchase of the American company of automotive components production Pep Boys – Manny Moe & Jack $ 900 million, that is about $ 16.5 per share. Such a proposal of Icahn will prevent global acquisition by Japanese corporation Bridgestone, which […]
Next
The US company, which produces seeds, has signed a licensing agreement with a major seed company about production and sale of sunflower seeds in Ukraine, Russia, Belarus, Georgia and Kazakhstan. The press service of the company officially announced about this. The americans want to make only two varieties of sunflower seeds in Ukraine. Although, […]
Next
The Italian Antimonopoly Authority has announced that investigating allegations of fairness and improper commercial practices of Apple’s cloud services, Google and Dropbox. Along with the recent investigation into alleged fixing of prices, Italy’s antitrust regulator has said, that separately examines how companies, including Apple, manage their business in the cloud services in the country. According […]
Next
Recently, two major global corporations in the Chemistry industry DuPont and Dow Chemical signed a merger deal. After closing, the new company will be called DowDuPont, it will be headed by the current head of Dow Chemical – Andrew Liveris. A few days ago, DuPont told reporters about plans to hold a global reduction of […]
Next
It may take Nvidia twice as long to get approval for its deal to buy Britain’s largest technology company, Arm Holdings, which is owned by Japanese financial conglomerate SoftBank Group. After the companies announced a $ 40 billion deal last September, the first hurdle was a class action lawsuit from Google, Qualcomm and Microsoft, which […]
Next
In 2013, which experts call the reference, the volume of the pharmaceutical market of Ukraine was about 3.3 billion US dollars. The Pharmaceutical market at that time was one of the fastest growing and took the second place among the CIS countries. According to the consulting company BakerTilly, on average, the market growth rate was […]
Next
Microsoft will stop supporting Windows 10 on October 14, 2025. This was reported by the company’s press service. Thurrot writes that this means the date of the “death” of Windows 10. The publication adds that the new generation of operating system, which Microsoft will present next week, will not be called Windows 10, at least, […]
Next
Elon Musk, an American businessman, founder and head of Tesla and SpaceX, dropped from second to third place in the ranking of the richest people on the planet according to Bloomberg. The entrepreneur’s fortune is estimated at 160.6 billion dollars, while at the end of February it was 183 billion. According to the agency, Musk […]
Next
Uber has announced an agreement with TPG Capital to acquire Transplace, which provides the widest portfolio of technology services and solutions in the logistics and transportation industry. The estimated amount of the deal is a considerable $ 2.25 billion, but about $ 750 million Uber will pay in the form of its own shares, and […]
Next
US International Business Machines Corp. (IBM) slightly increased its net profit in the third quarter of 2020, despite on the declining revenue in the context of the coronavirus pandemic, forcing businesses to delay implementation of projects to preserve capital. According to the press release of the company, Net income in July-September was $ 1.7 billion, […]
Next
