Morning Headlines 8/24/20
Outset Medical on deck for IPO
Outset Medical, which offers a portable, cloud-connected home dialysis machine that can integrate with EHRs, files for a $100 million IPO.
Appeals court further erodes huge 2016 jury award for Epic Systems
A US appeals court reduces the $280 million in punitive damages that Tata Consultancy Services had been ordered to pay Epic in a 2014 trade secrets lawsuit, saying that $140 million is a reasonable figure.
Exo Raises $40M Series B Extension To Bring Ultrasound Device To Market
Handheld ultrasound device manufacturer Exo raises $20 million in a Series B round, increasing its total to $100 million.
Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…