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Seattle biotech company NanoString to be acquired by Bruker for $392M, ending bankruptcy process

GeekWire

NanoString Image) NanoString announced Wednesday that it will be acquired by Bruker , ending the company’s restructuring process that included a Chapter 11 bankruptcy plan. company that accused NanoString of infringing on seven patents related to NanoString’s GeoMx Digital Spatial Profiler that analyzes RNA and protein.

Company 87
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NanoString stock sinks 70% as Seattle biotech company enters bankruptcy process

GeekWire

NanoString Image) Seattle-based publicly traded biotech company NanoString Technologies announced Monday that it has initiated a Chapter 11 bankruptcy plan and is exploring a potential sale in the latest fallout from its loss in a patent infringement case against 10X Genomics. It has until July 2 to regain compliance.

Company 110
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Get Sirius About Customer Engagement Marketing

Forrester IT

In 2003, Fred Reichheld, who was by then a partner at Bain & Company, introduced a way of measuring how well an organization treats its customers. This metric also assessed how well a firm generates relationships worthy of loyalty. Sixteen years later, most business people recognize this metric as the Net Promoter Score™.

.Net 348
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Relic Entertainment, the Vancouver studio behind ‘Company of Heroes,’ lays off 121 employees

GeekWire

Company of Heroes 3. Relic Entertainment Image) The Canadian video game studio behind the Company of Heroes and Warhammer 40,000: Dawn of War series is laying off 121 employees. In collaboration with Microsoft Game Studios, Relic developed Impossible Creatures in 2003 and Age of Empires IV in 2021. announced the layoffs Tuesday.

Company 82
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Precisely to acquire Seattle-area software company Winshuttle from Symphony Technology Group

GeekWire

based company that helps customers manage and automate their data, will be acquired by Precisely , a Boston-area firm backed by private equity firms that helps customers improve the quality of their data. Founded in 2003 out of a garage in Seattle, Winshuttle has more than 2,500 customers that use its technology to improve data workflow.

Groups 90
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Funding news: Angel conference backs brain device startup, weapons detection company lands $15M

GeekWire

The news: Five startups jostled for $200,000 in funding in the final round of the Seattle Angel Conference , with new medical device company BrainSpace rising to the top. The founders: BrainSpace CTO Stephen Morse is a mechanical engineer who has worked for a variety of companies, including global electrical and manufacturing company Flex.

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Cisco significantly bolsters security portfolio with $28B Splunk buy

Network World

Looking to significantly reinforce its security software portfolio, Cisco has struck a $28 billion cash deal to acquire enterprise and cloud protection company Splunk. Founded in 2003, Splunk’s software platform is known for its wide-reaching ability to search, monitor and analyze data from a variety of systems.

Security 108