Driverless car startup NuTonomy gets acquired by Delphi
Self-driving car startup NuTonomy announced this week that it will be acquired by major global auto parts supplier Delphi Automotive in a deal valued at roughly $400 million. The auto giant may make as much as $50 million in additional payments, depending on the company's performance. NuTonomy will continue to operate as a Boston-based standalone business unit. [Boston Globe]
Bullhorn gets sold — for the second time in 5 years
Staffing tech firm Bullhorn is about to get a new owner, just five years after the company was acquired by Vista Equity Partners. Bullhorn, which has around 650 employees globally, announced Monday that it will be acquired by Insight Venture Partners. The deal is expected to close by the end of this year, though terms of the deal were not disclosed. [Boston Business Journal]
Alyce raises $5.3M to transform corporate gift giving with AI
With a fresh $5.3 million in funding led by Boston Seed Capital, Alyce is well poised to disrupt the corporate gift-giving industry. How? Alyce’s AI-powered corporate gifting software analyzes the recipient’s social data and business goals to decide on the right gift at the right time. The platform sources its gifts from a trove of more than 30,000 products and experiences with values that range from $5 to $5,000, working with merchants like Uncommon Goods, Etsy and Graze. [Built In Boston]
Hopper adds hotel forecasting to offerings
Travel tech company Hopper is known for its airfare prediction app, and now the company is expanding its offerings by predicting hotel prices as well. The Cambridge-based company announced this week that its price prediction engine will soon help consumers figure out when hotel prices will rise and fall. Hopper currently has users in 126 countries who have booked more than $500 million in annual flights, so it’s safe to say the company has figured out the secret sauce for finding the best times to travel. Hopper will start by rolling out the new service to a handful of hotels in New York, but plans to expand the tool to hotels in San Francisco, Denver and Chicago over the next few months. [BostInno]
TripAdvisor launches new restaurant advertising product
With over 200 million average monthly consumer visits from across the world searching 4.4 million restaurants on their site, it’s not too surprising that TripAdvisor is now offering an advertising solution for restaurant owners hoping to maximize TripAdvisor as a marketing channel. The Needham-based travel tech giant launched TripAdvisor Ads for restaurants this week, which will offer owners the opportunity to promote their business to millions of potential diners by driving traffic to their TripAdvisor listing through sponsored placements. [Press Release]
