Nantucket entrepreneurs welcome, and acquisitions abound. There are also new owners, new offices and new money in the bank for Boston-area technology companies this week. Read on for the details.
—Sense, the Cambridge, MA-based home electricity management technology startup, has partnered with Swiss utility technology company Landis+Gyr to put Sense’s technology in Landis’ Internet-of-things platform, the companies said. In addition, Landis+Gyr joined Sense’s previously announced $18 million Series B funding round, bringing the new total to $20 million.
—Waltham, MA-based translation and software company Lionbridge says it has acquired Gengo, a Tokyo-based translation company with background in crowdsourcing, machine learning and localization. Terms of the deal were not disclosed. The company says the deal is Lionbridge’s first acquisition since H.I.G. Capital bought Lionbridge in May 2017.
—Onapsis, the Boston-based enterprise resource-planning security startup, has agreed to acquire Virtual Forge, a Heidelberg, Germany-based cybersecurity company focusing on SAP applications. Terms of the deal were not disclosed. The companies say the deal is the first Boston-area cybersecurity acquisition of the year.Read Complete Article