Category Archives: M&A

Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal

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Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight.  The company’s software helps clients with customer success, meaning it helps create a positive customer experience when they interact with your brand, making them more likely to come […] Continue reading Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal→

As Slack acquisition rumors swirl, a look at Salesforce’s six biggest deals

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The rumors ignited last Thursday that Salesforce had interest in Slack. This morning, CNBC is reporting the deal is all but done and will be announced tomorrow. Chances are, this is going to a big number, but this won’t be Salesforce’s first big acquisition. We thought it would be useful in light of these rumors […] Continue reading As Slack acquisition rumors swirl, a look at Salesforce’s six biggest deals→

ServiceNow is acquiring Element AI, the Canadian startup building AI services for enterprises

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ServiceNow, the cloud-based IT services company, is making a significant acquisition today to fill out its longer-term strategy to be a big player in the worlds of automation and artificial intelligence for enterprises. It is acquiring Element AI, a startup out of Canada. Founded by AI pioneers and backed by some of the world’s biggest […] Continue reading ServiceNow is acquiring Element AI, the Canadian startup building AI services for enterprises→

Onit acquires legal startup McCarthyFinch to inject AI into legal workflows

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Onit, a workflow software company based in Houston with a legal component, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch.  Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings. The companies did not share the purchase price. After evaluating a number of companies […] Continue reading Onit acquires legal startup McCarthyFinch to inject AI into legal workflows→

FireEye acquires Respond Software for $186M, announces $400M investment

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The security sector is ever frothy and acquisitive. Just last week Palo Alto Networks grabbed Expanse for $800 million. Today it was FireEye’s turn snagging Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained and scarce security analysts. The deal has closed, according to the […] Continue reading FireEye acquires Respond Software for $186M, announces $400M investment→

IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision

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As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced  its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. The companies did not reveal the purchase price. With Instana, IBM can build on its internal […] Continue reading IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision→

Palo Alto Networks to acquire Expanse in deal worth $800M

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Palo Alto Networks has been on buying binge for the last couple of years, and today it added to its haul, announcing a deal to acquire Expanse for $800 million in cash and equity awards. The deal breaks down to $670 million in cash and stock and another $130 million in equity awards to Expanse […] Continue reading Palo Alto Networks to acquire Expanse in deal worth $800M→

Adobe acquires marketing workflow startup Workfront for $1.5B

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Adobe just announced that it is acquiring marketing workflow management startup Workfront for $1.5 billion. Bloomberg first reported the sale would be happening earlier today. Workfront was founded back in 2001, making it a bit long in tooth for a private company that has raised $375 million, according to Crunchbase. (It’s worth noting that $280 […] Continue reading Adobe acquires marketing workflow startup Workfront for $1.5B→

Intel has acquired Cnvrg.io, a platform to manage, build and automate machine learning

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Intel continues to snap up startups to build out its machine learning and AI operations. In the latest move, TechCrunch has learned that the chip giant has acquired Cnvrg.io, an Israeli company that has built and operates a platform for data scientists to build and run machine learning models, which can be used to train […] Continue reading Intel has acquired Cnvrg.io, a platform to manage, build and automate machine learning→

Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data

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Coupa Software, a publicly traded company that helps large corporations manage spending, announced that it was buying Llamasoft, an 18 year old Michigan company that helps large companies manage their supply chain. The deal was pegged at $1.5 billion. This year Llamasoft released its latest tool, an AI-driven platform for managing supply chains intelligently. This […] Continue reading Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data→