vimarsana.com

Page 3 - மென்பொருள் கையகப்படுத்தல் குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GM-backed Wejo is in SPAC merger talks with Virtuoso

BLOOMBERG Wejo Ltd., the British automotive-data startup backed by General Motors, is in talks to go public through a merger with Virtuoso Acquisition Corp., a blank-check firm, people with knowledge of the matter said. Virtuoso is seeking to raise new equity to support a transaction with a combined enterprise value of more than $1 billion, according to one of the people, who asked not to be identified discussing private negotiations. Terms could change and, as with all transactions that aren’t yet finalized, it’s possible the talks could collapse. A representative for Virtuoso declined to comment and Wejo didn’t immediately respond to requests for comment.

IPO boom has given Israeli tech startups the chance to realize their potential

Please note that the posts on The Blogs are contributed by third parties. The opinions, facts and any media content in them are presented solely by the authors, and neither The Times of Israel nor its partners assume any responsibility for them. Please contact us in case of abuse. In case of abuse, Unsplash As businesses emerge from the disruption caused by the COVID-19 pandemic, it’s becoming increasingly clear that the health crisis has created a period of significant interest in tech IPOs – and Israel’s unicorns have wasted no time in galloping towards the growth that this newfound investor confidence can bring. 

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.