Category Archives: Mergers and Acquisitions

FireEye is selling its security products business for $1.2B

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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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Cloudera to go private as KKR & CD&R grab it for $5.3B

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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→

Netflify snags YC alum FeaturePeek to add design review capabilities

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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→

Unbounce snags Snazzy.ai to add automated copywriting to platform

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Unbounce, a Vancouver startup best known for helping marketers create automated landing pages, added a new wrinkle this morning when it announced it has acquired Snazzy.ai, an early stage automated copywriting startup. The two companies did not share the terms. Unbounce Chief Strategy Officer Tamara Grominsky says that her company focuses on helping customers convert […] Continue reading Unbounce snags Snazzy.ai to add automated copywriting to platform→

Unbounce snags Snazzy.ai to add automated copywriting to platform

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Unbounce, a Vancouver startup best known for helping marketers create automated landing pages, added a new wrinkle this morning when it announced it has acquired Snazzy.ai, an early stage automated copywriting startup. The two companies did not share the terms. Unbounce Chief Strategy Officer Tamara Grominsky says that her company focuses on helping customers convert […] Continue reading Unbounce snags Snazzy.ai to add automated copywriting to platform→

Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week

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Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security, the third company it has purchased this week. The two companies did not disclose the purchase price. With Kenna, Cisco gets a startup that uses machine learning to sort through the massive […] Continue reading Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week→

Cisco to acquire Indy startup Socio to bring hybrid events to Webex

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Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio, which helps plan hybrid in-person and virtual events. The two companies did not share the purchase price. Socio provides a missing hybrid event management component for the company to add to its Webex platform. The goal appears to be to combine this with […] Continue reading Cisco to acquire Indy startup Socio to bring hybrid events to Webex→

Jamf snags zero trust security startup Wandera for $400M

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Jamf, the enterprise Apple device management company, announced that it was acquiring Wandera, a zero trust security startup, for $400 million at the market close today. Today’s purchase is the largest in the company’s history. Jamf provides IT at large organizations with a set of management services for Apple devices. It is the leader in […] Continue reading Jamf snags zero trust security startup Wandera for $400M→

DataRobot expands platform and announces Zepl acquisition

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DataRobot, the Boston-based automated machine learning startup, had a bushel of announcements this morning as it expanded its platform to give technical and non-technical users alike something new. It also announced it has acquired Zepl, giving it an advanced development environment where data scientists can bring their own code to DataRobot. The two companies did […] Continue reading DataRobot expands platform and announces Zepl acquisition→

ServiceNow leaps into applications performance monitoring with Lightstep acquisition

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This morning ServiceNow announced that it was acquiring Lightstep, an applications performance monitoring startup that has raised over $70 million, according to Crunchbase data. The companies did not share the acquisition price. ServiceNow wants to take advantage of Lightstep’s capabilities to enhance its IT operations offerings. With Lightstep, the company should be able to provide […] Continue reading ServiceNow leaps into applications performance monitoring with Lightstep acquisition→