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Market Chatter: Nvidia Agrees to Buy Shoreline.io
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Market Chatter: Nvidia Agrees to Buy Shoreline.io
Jun 18, 2024 12:06 PM

02:55 PM EDT, 06/18/2024 (MT Newswires) -- Nvidia ( NVDA ) agreed to buy Shoreline.io in a deal that values the software startup at $100 million, Bloomberg reported Tuesday, citing people familiar with the matter.

Shoreline was founded in 2019 by Anurag Gupta, a former Amazon Web Services executive, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 135.93, Change: +4.95, Percent Change: +3.78

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