Collaborate Disseminate
From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track what employees are expensing these days. Continue reading Ramp and Brex draw diverging market plans with M&A strategies
Cisco has a rich history of buying its way to global success. And it’s remained quite active, acquiring more than 30 startups over the last four years for a total of 229 over the life of the company. Continue reading How Cisco keeps its startup acquisition engine humming
Cisco announced on Friday that it’s acquiring Israeli applications monitoring startup Epsagon at a price pegged at $500 million. The purchase gives Cisco a more modern microservices-focused component for its growing applications monitoring portfolio. The Israeli business publication Globes reported it had gotten confirmation from Cisco that the deal was for $500 million, but Cisco would […] Continue reading Cisco beefing up app monitoring portfolio with acquisition of Epsagon for $500M
Marvell announced this morning it intends to acquire Innovium for $1.1 billion in an all-stock deal. The startup, which raised over $400 million according to Crunchbase data, makes networking ethernet switches optimized for the cloud. Marvell president and CEO Matt Murphy sees Innovium as a complementary piece to the $10 billion Inphi acquisition last year, […] Continue reading Marvell nabs Innovium for $1.1B as it delves deeper into cloud ethernet switches
Over the last couple of years, Robotic Process Automation or RPA has been red hot with tons of investor activity and M&A from companies like SAP, IBM and ServiceNow. UIPath had a major IPO in April and has a market cap over $30 billion. I wondered when Salesforce would get involved and today the company […] Continue reading Salesforce steps into RPA buying Servicetrace and teaming it with Mulesoft
ZoomInfo announced this morning it intends to acquire conversational sales intelligence tool Chorus.AI for $575 million. Shares of ZoomInfo are unchanged in pre-market trading following the news, per Yahoo Finance data. Sales intelligence, Chorus’s market, is a hot space that uses AI to “listen” to sales conversations to help improve interactions between salespeople and customers. […] Continue reading ZoomInfo drops $575M on Chorus.ai as AI shakes up the sales market
Bain Capital Private Equity and Crosspoint Capital Partners are buying a security solution that could be useful as more companies find themselves with some assets on-site and some in the cloud. Continue reading Network security startup ExtraHop skips and jumps to $900M exit
FireEye is selling its security products services to a consortium led by private equity firm Symphony Technology Group for $1.2 billion, the company announced on Wednesday. The long-time cybersecurity giant is best known recently for its role in alerting U.S. authorities in December to the breach of network software company SolarWinds. A months-long alleged Russian hack of the SolarWinds software ensnared at least nine U.S. federal agencies and nearly 100 U.S. companies. The separation announced Wednesday includes FireEye’s network, email, cloud and other security products. The company’s Mandiant forensic intelligence services will remain intact and continue to operate as its own publicly traded company, pending regulatory approval of the sale. FireEye will operate as a stand-alone company under the STG umbrella. “We believe this separation will unlock our high-growth Mandiant Solutions business and allow both organizations to better serve customers,” FireEye Chief Executive Officer Kevin Mandiant said in a statement. […]
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Continue reading FireEye is selling its security products business for $1.2B
Cloudera was once one of the hottest Hadoop startups, but over time the shine has come off that market, and today it went private as KKR and Clayton, Dubilier & Rice, a pair of private equity firms announced they intended to purchase Cloudera for $5.3 billion. The company has a market cap of around $3.7 […] Continue reading Cloudera to go private as KKR & CD&R grab it for $5.3B
Netlify, the startup that’s bringing a micro services approach to building websites, announced today that it has acquired YC alum FeaturePeek. The two companies did not share the purchase price. With FeaturePeek, the company gets a major upgrade in its design review capability. While Netlify has had a previewing capability called Deploy Previews in the […] Continue reading Netflify snags YC alum FeaturePeek to add design review capabilities