Category Archives: M&A

MessageBird acquires SparkPost for $600M using $800M Series C extension

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MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements. For starters, the company got an $800 million extension on its $200 million Series C round announced last October. It then applied $600 million of the extension to buy email marketing platform SparkPost. The company’s C round now totals […] Continue reading MessageBird acquires SparkPost for $600M using $800M Series C extension→

Kenya’s Ajua acquires WayaWaya to consolidate consumer experience play in African SMEs

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Kenyan consumer experience platform for businesses in Africa, Ajua today announced that it has acquired WayaWaya, a Kenya-based AI and ML messaging and payments company. WayaWaya’s customers and partners include the likes of I&M Bank, Interswitch and MTN. The company offers a range of services, from digital banking and payment services to financial services APIs […] Continue reading Kenya’s Ajua acquires WayaWaya to consolidate consumer experience play in African SMEs→

Vista Equity takes minority stake in Canada’s Vena with $242M investment

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Vena, a Canadian company focused on the Corporate Performance Management (CPM) software space, has raised $242 million in Series C funding from Vista Equity Partners. As part of the financing, Vista Equity is taking a minority stake in the company. The round follows $25 million in financing from CIBC Innovation Banking last September, and brings […] Continue reading Vista Equity takes minority stake in Canada’s Vena with $242M investment→

IBM acquires Italy’s MyInvenio to integrate process mining directly into its suite of automation tools

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Automation has become a big theme in enterprise IT, with organizations using RPA, no-code and low-code tools, and other  technology to speed up work and bring more insights and analytics into how they do things every day, and today IBM is announcing an acquisition as it hopes to take on a bigger role in providing […] Continue reading IBM acquires Italy’s MyInvenio to integrate process mining directly into its suite of automation tools→

Microsoft goes all in on healthcare with $19.7B Nuance acquisition

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When Microsoft announced it was acquiring Nuance Communications this morning for $19.7 billion, you could be excused for doing a Monday morning double take at the hefty price tag. That’s surely a lot of money for a company on a $1.4 billion run rate, but Microsoft, which has already partnered with the speech-to-text market leader […] Continue reading Microsoft goes all in on healthcare with $19.7B Nuance acquisition→

Microsoft is acquiring Nuance Communications for $19.7B

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Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. Bloomberg broke the story over the weekend that the two companies were in talks. In a post announcing the deal, the company said this was about increasing its presence in the healthcare vertical, a place where Nuance has […] Continue reading Microsoft is acquiring Nuance Communications for $19.7B→

Testing platform Tricentis acquires performance testing service Neotys

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If you develop software for a large enterprise company, chances are you’ve heard of Tricentis. If you don’t develop software for a large enterprise company, chances are you haven’t. The software testing company with a focus on modern cloud and enterprise applications was founded in Austria in 2007 and grew from a small consulting firm […] Continue reading Testing platform Tricentis acquires performance testing service Neotys→

OneTrust adds ethics to its privacy platform with Convercent acquisition

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OneTrust, a late stage privacy platform startup, announced it was adding ethics and compliance to the mix this morning by acquiring Convercent, a company that was built to help build more ethical organizations. The companies did not share the purchase price. OneTrust just raised $300 million on a fat $5.1 billion valuation at the end […] Continue reading OneTrust adds ethics to its privacy platform with Convercent acquisition→

ServiceNow takes RPA plunge by acquiring India-based startup Intellibot

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ServiceNow became the latest company to take the robotic process automation (RPA) plunge when it announced it was acquiring Intellibot, an RPA startup based in Hyderabad, India. The companies did not reveal the purchase price. The purchase comes at a time where companies are looking to automate workflows across the organization. RPA provides a way […] Continue reading ServiceNow takes RPA plunge by acquiring India-based startup Intellibot→

Seven months after Drone acquisition, Harness announces significant updates

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The running line from any acquired company CEO is that the company can do so much more with resources of the company that acquired it than it could on its own. Just seven months after being acquired, Drone, co-founder Brad Rydzewski says that his company really has benefited greatly from being part of Harness, and […] Continue reading Seven months after Drone acquisition, Harness announces significant updates→