Thursday, August 6, 2020

Intercontinental Exchange has agreed to buy mortgage software company Ellie Mae for $11B from Thoma Bravo, which acquired it last year at a $3.7B valuation (Financial Times)

Financial Times:
Intercontinental Exchange has agreed to buy mortgage software company Ellie Mae for $11B from Thoma Bravo, which acquired it last year at a $3.7B valuation  —  Acquisition of Ellie Mae for $11bn moves NYSE-owner deeper into home loan technology  —  New York Stock Exchange owner Intercontinental Exchange …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...