Xconomy: Boston Tech Watch: SmartBear, Wellist, LogoMix, Biobot, NEVYs & More
It's time to catch up on recent news from the Boston-area tech sector, including a pair of acquisitions; investments in digital health, artificial intelligence, and wastewater analytics; and scenes from this year's "Star Wars"-themed NEVY Awards. LogoMix CEO and founder Craig Bloem previously co-founded Performable, a Boston-area marketing automation startup sold to HubSpot (NYSE: HUBS) in 2011. Financial terms weren't disclosed, but a spokesperson said Hiptest's 15 employees will be joining SmartBear. Private equity firm Francisco Partners acquired a majority stake in SmartBear last year; a source told Xconomy the deal had an enterprise value of $410 million. SmartBear is currently profitable and generating more than $100 million in annual revenue, the spokesperson said.
May-21-2018, 08:56:18 GMT
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- North America > United States > Massachusetts > Middlesex County (0.16)
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- Banking & Finance
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