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ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million. ResMed, which brought in net income of $315.6 million on revenues of $2.3

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

The company is active in the San Francisco Bay Area, Los Angeles, San Diego, Seattle, Texas, Michigan, Boston and New York (and many places in between) and says that it currently operates some 21 warehouses nationwide. Underpinning its tech is the sheer size of the operation: economies of scale in action.

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ServiceNow Files For IPO

socalTECH

San Diego-based ServiceNow , the developer of cloud-based, enteprise IT automation software, filed for an IPO Friday, saying that it is looking to raise up to $150M in an IPO on the NYSE. The firm reported a net loss of $6.6M ServiceNow said has applied to trade as NOW. READ MORE>>.

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