Articles about Deals

Swedish drugmaker SOBI to acquire Seattle biotech company CTI BioPharma for $1.7B

CTI BioPharma, a Seattle-based publicly traded biotech company developing therapies for blood-related cancers, is set to be acquired in a… Read More

Commsor acquires Caravel, a Techstars Seattle grad that analyzes customer feedback

Caravel, a conversational intelligence platform, has been acquired by Commsor, a New York-based company founded in 2019 that helps companies… Read More

Just call it deal mania: A look at this year’s booming market for M&A, IPOs, SPACs and VC

Another day, another deal. That’s sometimes how it feels around the GeekWire newsroom as we track the latest venture rounds,… Read More

In latest TikTok twist, Microsoft reportedly looking at buying entire social media giant

Microsoft is considering buying a bigger chunk of fast-growing social media giant TikTok. According to a report in The Financial… Read More

Microsoft will use AI to supercharge Novartis’ giant drug-development engine

Microsoft has reached a deal with pharmaceutical giant Novartis that aims to bring the power of artificial intelligence to drug… Read More

Windermere spinout MoxiWorks raises cash from Vector Capital to grow tech platform for brokerages

MoxiWorks, a Seattle startup that operates a platform for real estate brokers, has raised cash from private equity firm Vector… Read More

Amazon’s Treasure Truck wheels and deals into four more U.S. cities three years after Seattle launch

Amazon’s Treasure Truck keeps on truckin’. Two years after expanding on its quirky, Seattle-only deals-on-wheels idea, Amazon announced Wednesday that… Read More

Bristol-Myers deal to acquire Juno parent Celgene delayed amid FTC concerns

The $74 billion merger of Bristol-Myers Squibb and Celgene has been delayed as FTC pushback spurred Celgene to divest a… Read More

Here’s how early-stage investors see the Northwest’s life science market

Hey investors, how does the Pacific Northwest stack up in life sciences? It’s a loaded question, given that venture capitalists… Read More

Drug giant Merck pays $300M to acquire Seattle biotech company Immune Design

Merck, one of the world’s largest drugmakers, agreed to buy Seattle-based biotechnology company Immune Design for $300 million in cash.… Read More

RealNetworks doubles stake in Napster to 84% in deal valued at up to $40M

RealNetworks doubled its stake in Rhapsody International, which owns music streaming service Napster, from 42 to 84 percent. RealNetworks will… Read More

Apptio CEO Sunny Gupta gets $196 million payday as private equity buyout closes

It’s a good day to be Sunny Gupta. The Apptio co-founder and CEO stood to make $196 million as the… Read More

Adaptive Biotechnologies signs blockbuster deal with Genentech for personalized cancer treatments worth up to $2 billion

Adaptive Biotechnologies has signed a $300 million collaborative licensing agreement with Genentech to develop highly personalized cancer therapies. In addition… Read More

Once a startup runt, Rover laps up $155 million for tech-fueled pet care marketplace

When Rover started seven years ago, many in the startup community snickered. There was no real business model, they said. A… Read More

Marketo buys Techstars Seattle alum Bizible, adding new business marketing software tools

Bizible CEO Aaron Bird hit the fundraising trail earlier this year, looking to raise some additional venture capital. The Seattle… Read More

GeekWire Awards 2018: Deal of the Year recognizes the top venture rounds, acquisitions and IPOs

Zulily. PopCap. Blue Box. PitchBook. Those are just a few of the past winners in the Deal of the Year… Read More

Avvo to be acquired by Internet Brands, parent of WebMD and Martindale-Hubbell, in major exit for Seattle-based legal marketplace

Seattle-based Avvo, which runs an online legal directory, marketplace and reviews site, has entered into an agreement to be acquired… Read More

From $16K in the bank to a new life: Startup’s ‘wild ride’ is a riveting tale of near failure and survival

Things were falling apart at Blok24. Fundraising efforts were faltering. The product needed a revamp. And, most frighteningly, the bank… Read More

Seattle ad tech firm Mixpo acquired by ‘brand-to-local’ marketing company Netsertive

When Mixpo entered into a partnership with Netsertive last year, the two companies had no idea that it would end… Read More

Amazon is expanding its quirky Treasure Truck, bringing roving deals to these 5 cities

Starting today, the Amazon Treasure Truck is hitting the streets of Los Angeles, Chicago, Atlanta, Dallas, and Houston. Amazon first debuted… Read More

Amazon Treasure Truck set for national expansion, taking flash deals on wheels beyond Seattle

Amazon is teasing plans to expand its Treasure Truck to more U.S. cities, a year-and-a-half after debuting the roving flash sales-mobile in… Read More

Amazon and Dish? Report points to possible tie-up between online retailer and satellite TV giant

Amazon.com and Dish Network Corp. have held discussions about the two companies inking a partnership agreement to build-out a new… Read More

Chinese search giant Baidu buys Seattle startup Kitt.ai to connect natural language tech to developers

Kitt.ai, the Seattle artificial intelligence startup that’s developing a conversational language engine known as ChatFlow and a “hotword” detection platform… Read More

Zulily co-founder Mark Vadon strikes e-commerce gold yet again as pet supply retailer Chewy sells for $3.35B

E-commerce pioneer Mark Vadon, who helped transform the way people buy engagement rings with Blue Nile and kids clothes with… Read More

Morningstar agrees to buy remaining stake in venture capital data provider PitchBook for $180 million

PitchBook specializes in compiling venture capital, IPO and M&A data on tens of thousands of companies, offering investors, journalists and… Read More

GeekWire Awards 2016: Vote for Deal of the Year

Donald Trump may have popularized the “art of the deal,” but over the past 12 months there were plenty of… Read More

Seattle startup DealTapp streamlines deal-posting for restaurants, bars and entertainment venues

Many startups have removed friction for consumers trying to cash in on an online deal. Deals sites like Groupon and… Read More

Pay for your cosmo with cryptocurrency: Discount drink app Hotspot adds Bitcoin support

Bitcoin advocates have long tried to ditch the cryptocurrency’s reputation as a means to untraceably pay for illegal mind-altering substances.… Read More

Microsoft announces Black Friday deals, including lowest price ever for an Xbox One

You may not think of Microsoft as a retailer. But the Redmond-based company does sell quite a bit of merchandise,… Read More

Seattle startup Hotspot aims to disrupt Groupon and LivingSocial with drink deals that build a customer base

The idea of offering a discount to attract new users has been around since the 1800s, when Coca Cola offered paper… Read More