Silver Lake invests €344M in Software AG to accelerate the company’s growth

Software AG announced it has entered into a strategic partnership with Silver Lake, the global leader in technology investing, anchored by a Silver Lake investment of €344 million in Software AG. Following three years of successful transformation and w… Continue reading Silver Lake invests €344M in Software AG to accelerate the company’s growth

ServiceMax promises accelerating growth as key to $1.4B SPAC deal

ServiceMax, a company that builds software for the field-service industry, announced yesterday that it will go public via a special purpose acquisition company, or SPAC, in a deal valued at $1.4 billion. The transaction comes after ServiceMax was sold to GE for $915 million in 2016, before being spun out in late 2018. The company […] Continue reading ServiceMax promises accelerating growth as key to $1.4B SPAC deal

Dell Technologies to spin-off VMware, positioning it for further growth

The VMware Special Committee of independent directors and Dell Technologies have agreed to terms in which VMware will be spun-off from Dell Technologies. The terms include significant simplification to the corporate ownership structure and an $11.5B to… Continue reading Dell Technologies to spin-off VMware, positioning it for further growth

Clari revenue forecasting platform snags $150M investment and triples valuation to $1.6B

Clari, the revenue operations platform that helps companies predict revenue outcomes, announced $150 million Series E today on a $1.6 billion valuation, a number that more than triples its 2019 Series D valuation of $500 million. Silver Lake led the latest investment with participation from B Capital Group and existing investors Sequoia Capital, Bain Capital […] Continue reading Clari revenue forecasting platform snags $150M investment and triples valuation to $1.6B

Silver Lake is buying a $500M stake in Credit Karma in a massive secondary round

Credit Karma, which once started as a simple credit report system and is now looking to expand into a true financial assistant, announced today it is getting a massive $500 million secondary investment from Silver Lake. As part of the investment, Credit Karma says it is getting a 23% bump in the valuation from its […] Continue reading Silver Lake is buying a $500M stake in Credit Karma in a massive secondary round

WP Engine, a managed WordPress platform, raises $250M from Silver Lake

 While apps continue to grow in popularity as a primary route for people to interface with the digital world, there remains a very significant role for the web, and today, a startup that helps businesses build and run websites, specifically on Wor… Continue reading WP Engine, a managed WordPress platform, raises $250M from Silver Lake