Articles
Tag: mergers and acquisitions (page 3)
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Is Amazon About to Buy Slack?
Amazon has reportedly approached enterprise darling Slack about a potential takeover, according to recent reports. Bloomberg financial news service reported the rumor based on "people with knowledge of the situation," but stated an agreement isn’t assured and discussions may not go any further. Both Seattle-based Amazon and San Francisco-based Slack
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Verizon Closes Yahoo Deal, Announces Layoffs
Verizon closed its $4.5 billion acquisition of Yahoo’s core business this week and with it came Yahoo CEO Marissa Mayer's resignation and news of layoffs. Reuters news agency reported Verizon will slash at least 2,000 jobs as it integrates Yahoo into AOL, which Verizon bought two years ago.
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Vista Equity Partners Continues MarTech Buying Spree, More News
Vista Equity Partners is showing no signs of slowing down its MarTech acquisitions. The San Francisco-based private equity firm acquired social media management and online community provider Lithium Technologies last week, only a few days after acquiring sales performance management provider Xactly in a deal worth $564 million.
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IBM Acquires XCC Digital Work Hub to Strengthen IBM Connections
IBM today completed an acquisition to strengthen its IBM Connections enterprise collaboration offerings. Armonk, NY-based IBM acquired the XCC technology from its partner, Cologne, Germany-based TIMETOACT GROUP. XCC is a digital workplace hub that IBM officials said will create a "single destination" personalized homepage for employees.
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LinkedIn, Vista Equity Partners Acquire Sales Tech Companies, More News
LinkedIn and Vista Equity Partners each went after their share of the sales technology pie through separate acquisitions this week. LinkedIn announced it acquired Redwood City, Calif.-based sales tech provider Heighten in a move designed to bolster its Sales Navigator platform. Officials at LinkedIn made the announcement on Tuesday. Meanwhile,
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EU Fines Facebook Over 'Misleading' WhatsApp Deal
European Union regulators have fined Facebook $122 million for providing what it describes as misleading information during the European Commission’s (EC) investigation into Facebook’s 2014 acquisition of messaging service WhatsApp for $19 billion. The EC is the executive arm of the European Union.
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Will Jive's Acquisition Revive the Company's Fortunes?
Jive CEO Elisa Steele took the stage at the company's JiveWorld conference in Las Vegas today to reassure customers and partners alike following yesterday's announcement of its acquisition by ESW Capital. The message Steele shared was clear: the company faced some tough choices in the past which drove the
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Jive Software Acquired by ESW Capital for $462M
Jive Software kicked off its JiveWorld conference this morning with a surprise announcement: ESW Capital has acquired the enterprise collaboration provider for $462 million in cash. The move confirms what many analysts had predicted for Jive in the last few years: a buyout for a company whose value peaked at
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What Does Gimmal's RecordLion Buy Mean for IG? We'll Tell You
Jim Amsler of GlassIG recently asked the question, “What Does the Gimmal Acquisition of RecordLion Mean for IG? ” GlassIG is a thought leader in the information governance (IG) space and respected competitor of both Gimmal and RecordLion.
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Marketo Acquires Sales Engagement Provider ToutApp
Marketo announced today it acquired sales engagement software provider ToutApp, in a move aimed at helping organizations better coordinate their sales and marketing technologies. Terms of the deal were not disclosed. Marketo, based in San Mateo, Calif., provides marketing automation software.
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Microsoft Buys Intentional Software to Enhance Team Productivity
Microsoft doubled down on its productivity vision yesterday with the announcement that it would buy Intentional Software. Bellevue, Wash.-based Intentional develops productivity tools across hardware devices and is pushing the boundaries of what can be done in the productivity space.
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Accenture Buys OCTO Technology to Boost Digital Transformation Services
Accenture announced it has bought Paris-based OCTO Technology, a consultancy firm specializing in digital transformation services and software development. Dublin-based Accenture will fold OCTO into Accenture Digital to "expand (its) digital service offering in France.
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Hootsuite Acquires Naritiv Solution; Conversocial Acquires HipMob
Consolidation among customer experience technology vendors continued today with two acquisitions. Hootsuite acquired a Snapchat analytics solution created by Naritiv, a Los Angeles startup that has helped companies understand and enhance the impact of their digital campaigns on Snapchat.
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SendGrid Acquires Email Marketing Automation Provider Bizzy
SendGrid, a customer communication platform that delivers more than 30 billion emails each month, just acquired email marketing automation startup Bizzy. The acquisition announced gives the Denver-based email provider and MailChimp competitor a tool that leverages an algorithm to segment users based on purchase behaviors.
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