Deals, Digs, & Gigs: Boston Tech News on DraftKings, IBM, GE, & More
Summary
Here’s a smattering of recent moves—acquisitions, new offices, and key hires—in the Boston-area tech sector: —Boston-based DraftKings and New York-based FanDuel have reached an agreement to merge their online fantasy sports companies, according to a report from Dan Primack that cited anonymous sources. —GE Digital’s $915 million acquisition of ServiceMax drew a lot of attention this week, but it also announced two presumably smaller deals: the purchase of Wise.io and Bit Stew Systems, two machine learning startups. —IBM announced it has moved the headquarters of its cybersecurity business to 75 Binney Street in Cambridge, MA, a building that also houses IBM Watson Health. The investment funded a space in IBM Security’s new headquarters to run simulated cyber attacks for training purposes, expanded capabilities for IBM’s security operations centers located around the world, the launch of a new incident response and intelligence consulting team, and the previously announced purchase of Resilient Systems. —New York cloud computing firm DigitalOcean will open an office in Cambridge next year, the Boston Business Journal reported.
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