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Palantir to offer cancer analytics under JV deal with Germany’s Merck

From Reuters – December 19th 2018  By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Palantir Technologies Inc will set up a cancer data analytics joint venture with German lab supplies company Merck KGaA, as the U.S. analytics and security firm makes further inroads into health care. The new U.S.-based venture, called Syntropy, will offer cancer[…]

1companynews

Secretive Data Company Palantir Weighs Giant Public Offering

From the Wall Street Journal: Oct, 2018 Data-mining giant Palantir Technologies Inc., one of Silicon Valley’s most secretive companies, is weighing an initial public offering likely to be among the largest in recent years, people familiar with the matter said. Palantir is discussing with investment banks Credit Suisse CS -3.72% and Morgan StanleyMS -5.04% plans to go public as soon as the[…]

What is a Unicorn?

A unicorn is a privately held startup company valued at over $1 billion. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.[1][2][3][4] A decacorn is a word used for those companies over $10 billion,[5] while hectocornis the appropriate term for such a company valued over $100 billion. According to TechCrunch, there were[…]

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