In the latest acquisition in the business travel space, Deem, based in California, has said it will buy Olset for the latter’s focus on hotel reservation bookings. Olset uses technology to track and then recommend hotels based on travelers’ preferences.
Nutanix, among the biggest tech unicorns to IPO, got several positive initiation notes from The Street in the wake of its IPO, and IBD noted that the firm saw a “buy” rating from no less of a sell-side heavy hitter than Credit Suisse, which initiated with a buy at $38.
