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Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

GeekWire

Porch Group, the Seattle-based home services software company, completed its $100 million acquisition of Homeowners of America Inc. Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. (Porch Group Photo). Porch revenue estimates for 2021. See full presentation.

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Education services company Perdoceo acquires coding bootcamp school Coding Dojo for $52.8M

GeekWire

based software engineering bootcamp operator, has been acquired by Perdoceo , a publicly traded Illinois-based company that owns online academic institutions including Colorado Technical University and American InterContinental University System. The company previously licensed its courses to institutions around the world.

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Expion Health revamps its RFP process with AI

CIO Business Intelligence

On behalf of insurance carriers, pharmacy benefit managers, and other healthcare payers, Expion negotiates prices with pharmacies and medical practices based on volume discounts and other factors. ExpionIQ Advisor has cut the time to calculate the numbers needed for an RFP to a few hours, instead of days, Kumar says. data analyst FTEs.

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Open RAN and HashiCorp are making us rethink openness

Network World

Self-insurance, or being your own lawyer, is always a risk. Some open-source supporters have been upset about license changes and other shifts that contaminate the original value proposition, but the biggest contributor to that pollution may be buyer/user behavior. And how do you innovate in a complex ecosystem?

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.

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Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

GeekWire

Three weeks after its stock market debut, Seattle-based home services technology company Porch Group announced four acquisitions , including an agreement to buy Irving, Texas-based insurance company Homeowners of America for $100 million in cash and stock, expanding its footprint in the insurance tech market.

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Seattle launches permit system for companies testing self-driving vehicles on city streets

GeekWire

The permit also requires companies to share information with the city on their test driver training programs, any collisions or other incidents involving their vehicles, and proof of insurance. NVIDIA Corporation also self-certified its intention to test AVs with the Washington Department of Licensing. The state of AVs in Seattle.

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