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A merger between French firm LumApps and Swiss company Beekeeper is set to create a new unicorn valued at approximately $1.1 billion. Backed by British private equity group Bridgepoint, the deal will establish the combined firm in Lyon, employing around 600 staff globally. Both companies aim to launch a unified platform within six months, with projected revenue growth from $150 million to $300 million by 2030.
Source: YAHOO