Lots of news to catch up on in the Boston-area tech sector. This week, we’re tracking an acquisition in healthcare data, the expansion of autonomous vehicle testing in the city, a stealthy cryptocurrency venture fund, and several venture investments. Read on for details.
—Shyft Analytics agreed to be acquired by New York-based Medidata (NASDAQ: MDSO) in a deal valued at $195 million, which includes Medidata’s existing 6 percent ownership stake in Shyft. Waltham, MA-based Shyft provides cloud data management and analytics services for the life sciences industry, while Medidata sells software and services for clinical research. Shyft raised at least $39 million from investors, according to SEC filings. In addition to Medidata, its venture investors includedMcKesson Ventures, Health Enterprise Partners, and Milestone Venture Partners.
—The city of Boston has cleared NuTonomy, the Boston-based autonomous vehicle software startup, and its parent company, Aptiv, to expand self-driving vehicle tests to public roads citywide, according to a blog post. The companies had been limited to tests in Boston’s Seaport neighborhood.Read Complete Article