In The Know
The Inno stories you need to read today.
Elsewhere in Inno
Stories from around the Inno network we think you’ll dig.
– This Platform Uses Alexa to Keep College Students Informed – Rhode Island Inno
– Chicago Startup Sugr Wants to Match You With Restaurants, Tinder-Style – Chicago Inno
– Madison Is One of the Fastest Growing Tech Hubs in the Country, Report Says – Wisconsin Inno
Making Moves
Inside the people, companies and organizations making moves in Boston.
Sri: The Boston Public Market is expanding to Logan Airport, and its second location will be in Terminal C, and is expected to open in spring 2019. This new 6K square foot space will serve a variety of fresh sandwiches, soups, and snacks. The Boston Public Market launched in 2015 as a year-round indoor market with the mission of bringing seasonal and local food to Boston’s downtown crowd. Everything sold at the market initially comes from somewhere in New England. Read more: Boston Public Market Expands to Logan Airport
Lucy: Significant number alert in the following M&A deal. German manufacturing giant Siemens said it will pay $730M to acquire Mendix, an enterprise software company that moved its headquarters to Boston in 2012. Mendix employs 100 people in Fort Point.
Sri: $730M, you got it? Now double it. Private equity firm TPG Capitalhas agreed to sell Boston-based Eze Software to Connecticut-based financial software company SS&C Technologies Holdings Inc. for $1.45B. Eze, headquartered in Boston’s Seaport District, has more than 1,000 employees globally. The company provides order-management software to buy- and sell-side investment firms worldwide.
New Money
Your daily funding roundup.
Sri: Flare Capital, which invests in early-stage and emerging healthcare technology companies, is looking to raise $200M for its second fund, according to a FormD. Flare’s investments include companies like Circulation, Aspen Health and BrightHealth.
In The Community
The events and happenings to know about tonight and this week.
Lucy: How do you know which ideas are worth working on? You may need a product management bootcamp and, luckily, there’s one just approaching. General Assembly will host a day-long workshop starting at 10 a.m. on Saturday, where you’ll learn how to get to the MVP (Minimum Viable Product). But hey, you’ll need $200 for your ticket. Read more: BostInno Approved: August’s Top Tech & Startup Events in Boston
Random
The fun stuff.
Lucy: In the meantime, Apple is now valued sightly over $1 trillion—or, in The Beat’s style, $1T. To let it sink, it may be easier to write the number down: $1,000,000,000,000. Twelve zeros!
Featured Jobs
Featured startup and tech jobs on BostInno’s new Careers Directory.
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