Digital Startup news roundup – Week ending 25th Feb


Roundup of news and ideas from the world of startups – Week ending 25th Feb 2018

News you can use

5 Tips for Employees and founders:  Moving on on after your startup fails – Business leaders accept risk-taking and appreciate that failures are a part of the game. They are always looking out for promising candidates who can demonstrate how and what they learnt from their journey. As a former-employee of a failed venture, project your strengths as a well-rounded problem solver who can demonstrate ‘how’ you have done things, and not just ‘what’ can be done.

 

Google Ireland: Adopt A Startup program 2018 –  Google’s Adopt A Startup has opened for applications. This year, 30 companies will be selected to attend the program of lectures and workshops. They will also receive hands on mentoring from experienced Google employees.

Corporate M&A

Roche to Acquire Cancer Software Startup Flatiron Health for $1.9B – Roche has agreed to acquire Flatiron Health for $1.9 billion, a deal that brings the cancer research capabilities of Flatiron to the oncology drug portfolio and pipeline of the pharmaceutical giant. Roche already owns a 12.6 percent stake in Flatiron. The Basel, Switzerland company expects to complete the acquisition of the remaining Flatiron shares in the first half of this year.

Oracle acquires cloud security startup Zenedge – Oracle announced today that it reached an agreement to acquire Zenedge, a company that provides firewalls and denial-of-service mitigation to enterprises. The deal is part of Oracle’s overall work to build out its cloud platform, providing customers with security features for their applications that help them stay secure and running in a hostile web environment. Zenedge fits in with the company’s previous acquisition of Dyn, a domain name system (DNS) provider that helps determine how traffic gets directed between different applications.

VMware snaps up cloud startup CloudCoreo – VMware has acquired CloudCoreo to assist customers in understanding risks associated with public cloud services. On Wednesday, VMware said the small Seattle-based company, which has less than 10 employees, will join VMware’s Cloud Services unit. Financial details were not disclosed

Startup shut and failed last week

 

Seattle-based startup Sansaire Announces It Is Shutting Down – Sansaire raised nearly $257,000 via a crowdfunded appeal in 2016. On Wednesday it announced that it would shut down operations and end production.  According to data from Kickstarter, 1,314 backers pledged $256,804 to help bring Sansaire’s project to life. The backers will likely lose all their ‘investment’.

 

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