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Infosys to acquire automation technology provider Panaya for $200 mn


Infosys is buying a startup that helps companies manage major changes to their software systems, in the first signature acquisition by Vishal Sikka after he took over as CEO in August last year. Panaya, which has raised $59 million from venture capital investors, including a firm founded by Sikka’s mentor and SAP cofounder Hasso Plattner,…

Trophos acquired by Roche for $546M: An Expansion for neuromuscular disease


Roche said today it will acquire Trophos for up to €470 million (about $543 million), in a deal that will expand the pharma giant’s portfolio in neuromuscular disease with high medical need, anchored by the Phase II/III-completed spinal muscular atrophy (SMA) compound olesoxime (TRO19622). Olesoxime showed statistically significant positive results last year in data from…