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SMART Global Holdings, Inc. | June 30, 2022
SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based...
TECHNOLOGY
PR Newswire | September 29, 2023
Norton, a leading consumer Cyber Safety brand of Gen™ (NASDAQ: GEN), today announced Norton Small Business, the all-in-one cybersecurity solution to help entrepreneurs and small business owners protect their financial futures. While nearly 90%1 of businesses globally are small businesses - 99.9% in the US2 - many lack the means to protect their digital environments. Norton Small Busin...
Finance
Iron Capital Equities | February 16, 2022
Fintech Group, Iron Capital Equities announced the launch of their newest platform. The fintech platform analyzes a business's cash flow and recommends ways to restructure costly Merchant Cash Advance (MCA) debt using banking intermediary technology. Businesses must combine high-interest, high-payment MCAs, all the more so now that thousands of businesses have gotten MCAs following post-pandemic government-imposed lockdowns. Matthew Elling, founding partner at I...
Finom | September 24, 2020
B2B financial service startup Finom — which provides online financial services for SMEs, freelancers and the self-employed in Europe — has raised an additional $12 million (€10.3 million) to add to its previous seed round of €6.5 million last April. The total funding raised in 2020 is now €16.8 million, and this is before the company has done a Series A round. Investors include Target Global (Germany), Cogito Capital (Poland), Entree Capital (Israel), Avala Capital (Ge...
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