Mainstay Medical raises $108m to expand in the US

Mainstay Medical has developed a device to address lower back pain. New money has been raised to commercialise FDA-approved Reactiv8 in the US.

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Intuit acquires Mailchimp for $12B

Founded in 1983, Intuit now ranks among the top 10 US tech giants thanks to the $12B purchase of email marketing provider Mailchimp, only 9 months after closing the $8.1B acquisition of Credit Karna.