Mergers and Acquisitions

  • Datto Snags Cloud Service Backupify

    Datto Snags Cloud Service Backupify

    Datto, a backup and disaster recovery service from Norwalk, Connecticut, purchased cloud to cloud backup service Backupify today. It was a move designed to give Datto a more complete product portfolio. Terms were not available, but Backupify co-founder and CEO Rob May told TechCrunch that his investors were more than satisfied. “It was a lot more than we raised,” he… Read More

  • Rumor: Ektron Deal Could Include Merger With European CMS Vendor EpiServer [Updated]

    Rumor: Ektron Deal Could Include Merger With European CMS Vendor EpiServer [Updated]

    As though the Ektron story we have been following over the last week hasn’t been convoluted enough, we started hearing rumors yesterday that the deal actually includes another component. The company could be merging with Stockholm-based Web-content management vendor EpiServer as part of the deal. The story, if it turns out to be accurate, underscores some of the problems that… Read More

  • Rumor: Web Content Management Firm Ektron Sold To Private Equity Company [Updated]

    Rumor: Web Content Management Firm Ektron Sold To Private Equity Company [Updated]

    A source told TechCrunch this week that Ektron, a web content management firm based in Nashua, NH has been sold to an unnamed private equity firm for around $48M plus taking on $50M in debt. The source said the actual cash exchanged in the deal would only be in the $30M range, which is pretty low for an established enterprise software company. It’s worth noting that the company has… Read More

  • EMC Frantically Pivots To The Cloud

    EMC Frantically Pivots To The Cloud

    EMC announced some big changes today including the purchase of three cloud companies, a new hybrid cloud product and a reorganization designed to emphasize the cloud. For those of you who don’t speak technology-buzzword English, the Hybrid Cloud is an approach where some of your computing is done in an on-premises data center and some is delivered by a public cloud provider such as… Read More

  • Progress Software Buys Telerik for $262.5M As Buying Spree Continues

    Progress Software Buys Telerik for $262.5M As Buying Spree Continues

    In a deal today involving two companies with links to the Boston area, Progress Software, which helps companies build business software, announced it was buying Telerik for $262.5M. Telerik’s portfolio includes a .net toolbox, a mobile development platform and a CMS called Sitefinity, as well as access to a developer community of over 1.4M people. According to Karen Tegan… Read More

  • EMC Cloudscaling Purchase Is One More Attempt To Stay Relevant

    EMC Cloudscaling Purchase Is One More Attempt To Stay Relevant

    While rumors have been flying that EMC has been trying to execute a merger with fellow computing giant HP, it threw a bit of a curve this week when it bought cloud startup Cloudscaling. Just when you’re thinking EMC might be irrelevant, it makes a move that suggests the company is still forging ahead. While EMC is at its core a storage company, it owns lots of enterprise pieces and… Read More

  • New Relic Buys Dashboard Tool Ducksboard As It Continues Expansion Into Analytics

    New Relic Buys Dashboard Tool Ducksboard As It Continues Expansion Into Analytics

    When you think of New Relic, you might think of traditional server-side application performance monitoring, and of course New Relic does that and other monitoring tasks, but increasingly it’s moving into analytics and today at its FutureStack user conference, the company announced it has bought cloud dashboard-building tool Ducksboard as it continues to broaden its analytics… Read More

  • Docker Acquires Koality In Engineering Talent Grab

    Docker Acquires Koality In Engineering Talent Grab

    Docker decided to use some of the $40M from its most recent funding round at the end of last month to purchase Koality today for an undisclosed price. Koality launched in 2012 to help developers test software in a more efficient way by letting them set up multiple instances of a build very quickly, so they wouldn’t be working in the production environment. In fact, they… Read More

  • Will Somebody Finally Buy Rackspace, Please

    Will Somebody Finally Buy Rackspace, Please

    We’ve been hearing rumors of a Rackspace acquisition for the last several months. The latest suitor according to Bloomberg could be Louisiana-based telco CenturyLink, but before we get too excited here, let’s keep in mind Microsoft, HP, Cisco and others were supposedly interested too, and in the end nothing came of it. And as you would expect in a case with so much… Read More