Apttus, a quote-to-cash vendor built on top of the Salesforce platform that looked to be heading toward an IPO in recent years has taken a different tack, instead being acquired by private equity firm Thoma Bravo today. The company did not reveal the purchase price, but said it could be ready to share more details […]
View More Thoma Bravo buys majority stake in Apttus in unexpected endingCategory: Mergers and Acquisitions
Facebook acquires Redkix to enhance communications on Workplace by Facebook
Facebook had a rough day yesterday when its stock plunged after a poor earnings report. What better way to pick yourself up and dust yourself off than to buy a little something for yourself. Today the company announced it has acquired Redkix, a startup that provides tools to communicate more effectively by combining email with […]
View More Facebook acquires Redkix to enhance communications on Workplace by FacebookNetskope nabs Sift Security to enhance infrastructure cloud security
Netskope, a company that focuses on security in the cloud, announced today it has acquired Sift Security, a startup launched in 2014 to help secure cloud infrastructure services like Amazon, Microsoft and Google using machine learning. The company did not share terms of the deal, but Sift’s 10 technical employees will become part of Netskope’s […]
View More Netskope nabs Sift Security to enhance infrastructure cloud securityBox acquires Butter.ai to make search smarter
Box announced today that it has acquired Butter.ai, a startup that helps customers search for content intelligently in the cloud. The terms of the deal were not disclosed, but the Butter.AI team will be joining Box. Butter.AI was started by two ex-Evernote employees, Jack Hirsch and Adam Walz. The company was partly funded by Evernote […]
View More Box acquires Butter.ai to make search smarterThe state of the IPO market
Fifteen months ago, I predicted 2017 would be “the best year for tech IPOs since the dot-com heyday almost two decades ago.” Well, that was not exactly what happened.
View More The state of the IPO marketPing Identity acquires stealthy API security startup Elastic Beam
At the Identiverse conference in Boston today, Ping Identity announced that it has acquired Elastic Beam, a pre-Series A startup that uses artificial intelligence to monitor APIs and help understand when they have been compromised. Ping also announced a new product, PingIntelligence for APIs, based on the Elastic Beam technology. They did not disclose the sale […]
View More Ping Identity acquires stealthy API security startup Elastic BeamHinge sells 51 percent of shares to Match Group
Match Group, parent company of dating apps Tinder, OKCupid and Match, announced yesterday that it has acquired a 51 percent stake in Hinge. With this new acquisition, Match Group has the right to acquire all remaining shares of Hinge within a 12-month period. Match Group says its interest in Hinge began in 2017 after a […]
View More Hinge sells 51 percent of shares to Match GroupTableau gets AI shot in the arm with Empirical Systems acquisition
When Tableau was founded back in 2003, not many people were thinking about artificial intelligence to drive analytics and visualization, but over the years the world has changed and the company recognized that it needed talent to keep up with new trends. Today, it announced it was acquiring Empirical Systems, an early stage startup with […]
View More Tableau gets AI shot in the arm with Empirical Systems acquisitionThe largest buys of tech’s Big Five: a look at M&A deals
In startup land, the mandate is to get bought, go public or die trying. And, as far as getting bought goes, one of tech’s Big Five could be a desirable acquirer.
View More The largest buys of tech’s Big Five: a look at M&A dealsUS startups off to a strong M&A run in 2018
With Microsoft’s $7.5 billion acquisition of GitHub this week, we can now decisively declare a trend: 2018 is shaping up as a darn good year for U.S. venture-backed M&A.
View More US startups off to a strong M&A run in 2018Workday acquires Rallyteam to fuel machine learning efforts
Sometimes you acquire a company for the assets and sometimes you do it for the talent. Today Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The companies did not share the purchase price or the number of Rallyteam employees […]
View More Workday acquires Rallyteam to fuel machine learning effortsBox acquires Progressly to expand workflow options
Box announced today that it has purchased Progressly, a Redwood City startup that focuses on workflow. All 12 Progressly employees will be joining Box immediately. They did not disclose the purchase price. If you follow Box, you probably know the company announced a workflow tool in 2016 called Box Relay along with a partnership with […]
View More Box acquires Progressly to expand workflow options