Tuesday, March 14, 2023

Blackstone plans to acquire event management software maker Cvent for $4.6B, or $8.50 per share; Cvent went public via SPAC at a $5.3B valuation in July 2021 (Reuters)

Reuters:
Blackstone plans to acquire event management software maker Cvent for $4.6B, or $8.50 per share; Cvent went public via SPAC at a $5.3B valuation in July 2021  —  Buyout firm Blackstone Inc (BX.N) agreed to purchase U.S. software provider Cvent Holding Corp (CVT.O) in a deal valued at $4.6 billion …



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PitchBook: robotics and physical AI companies have raised ~$48B YTD, as they gather training data from people completing tasks in factories, offices, and homes (Rafe Rosner-Uddin/Financial Times)

Rafe Rosner-Uddin / Financial Times : PitchBook: robotics and physical AI companies have raised ~$48B YTD, as they gather training data f...