Tag Archives: automation

Virtual Support Tool Developer Espressive Announces Series B Funding Round; Pat Calhoun Quoted

virtual-support-tool-developer-espressive-announces-series-b-funding-round-pat-calhoun-quoted

Espressive, a Santa Clara, Calif.-based artificial intelligence software developer, has raised $30M in a round of Series B financing led by Insight Partners and supported by Wing Venture Capital and General Catalyst. Espressive said Wednesday it will use the investment to advance growth initiatives and product innovation and address its client base’s demands.

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Leidos Announces $1B Acquisition of L3Harris Security Detection, Automation Businesses to Expand Product Portfolio; Roger Krone Quoted

Leidos has entered a definitive agreement to acquire L3Harris Technologies’ security detection and automation businesses for $1B in cash to add complementary technology and products as well as create a comprehensive security and detection portfolio, Leidos said on Tuesday. The Boards of Directors of both companies unanimously approved the transaction.

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