Mergers and Acquisitions

  • Two Lies And A Truth About “The Bubble” Crunch Network

    Two Lies And A Truth About “The Bubble”

    There has been a lot of discussion about startup valuation over the past few months. Luminaries across the industry have chimed in, suggesting we’re returning to a time of irrational investment valuations hearkening back to the bubble of the late 90s. My colleagues and I at Sapphire Ventures are seeing the rise in private market valuations firsthand. The stage at which we invest, the… Read More

  • Hortonworks Acquires Onyara, Early Startup With Roots In NSA

    Hortonworks Acquires Onyara, Early Startup With Roots In NSA

    Hortonworks, the big data company built on Hadoop, bought early-stage startup Onyara today. The company, which launched at the end of last year, has its roots in the NSA — yes that NSA. The Onyara engineers worked at the NSA for 8 years helping to develop a technology that would later be known as Apache NiFi. The NSA released the technology to the open source community last year as… Read More

  • Symantec Sells Veritas Division To Private Equity Group For $8B

    Symantec Sells Veritas Division To Private Equity Group For $8B

    Symantec announced today that it had sold its Veritas division to The Carlyle Group, a Washington, DC-based private equity firm for $8 billion in cash. The move comes after Symantec, mostly known as a computer security company, announced it was splitting into two separate publicly traded companies last fall. The first was going to be Symantec, which as you might expect focused on security… Read More

  • Cisco To Buy Cloud Security Company OpenDNS for $635M In Cash

    Cisco To Buy Cloud Security Company OpenDNS for $635M In Cash

    Cisco announced its intent to buy cloud security company OpenDNS for $635 million this morning. It’s probably not a coincidence that Cisco was one of its investors in a $35 million round in May, 2014. The $635 million will be paid in cash and assumed equity awards, plus retention based incentives for OpenDNS, according to information supplied by Cisco. OpenDNS gives Cisco, a network… Read More

  • Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week

    Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week

    This morning Intel confirmed it had bought Altera, maker of programmable chips, for $16.7 billion. That may seem like a big number until you consider that Avago Technologies Ltd. bought wireless-chip maker Broadcom last week for $37 billion. It’s a good week to be in the chip business. According to published reports, the deal has been in the works for months, but perhaps the… Read More

  • EMC Continues Shift To Cloud With $1.2B Virtustream Purchase

    EMC Continues Shift To Cloud With $1.2B Virtustream Purchase

    EMC announced this morning that it had purchased Virtustream, a cloud management firm, for $1.2 billion. The company has indicated it will incorporate Virtustream as the company’s newly formed cloud managed services business. Virtustream, which launched in 2008 has raised of $129 million since its inception. A billion dollar exit on that kind of raise is not too shabby, and it gives… Read More

  • Cisco Snags Tropo Communications Development Platform

    Cisco Snags Tropo Communications Development Platform

    When you think of Cisco, it’s easy to pigeon-hole them as a networking equipment company, but Cisco also has a communications and collaboration side that includes WebEx. Today, it announced its intent to buy Tropo, a Twilio-like communications platform for adding telephony, messaging and other communications tools to any application. As I wrote yesterday, APIs are making it simpler… Read More

  • Box Gains 3D Viewing With Verold Purchase

    Box Gains 3D Viewing With Verold Purchase

    Box announced today in a blog post by CEO Aaron Levie, that the company had purchased Verold, makers of 3D viewer technology “With Verold’s technology, we’re extending our world-class content previewing and collaboration platform to interactive 3D content, opening all new-use cases across manufacturing, engineering, consumer products, and media and entertainment,”… Read More

  • Informatica Could Feel A Tight Squeeze From Its New Owners

    Informatica Could Feel A Tight Squeeze From Its New Owners

    Informatica was sold yesterday to private equity firm, Permira and The Canada Pension Plan Investment Board, a rather strange mix of investors. The selling price was $5.3B and published reports suggest that it might not have been Informatica’s wish to be sold. What’s done is done, however, and the question is can this profitable company stay that way owned by a traditionally… Read More

  • Check Point Snags Israeli Mobile Security Company Lacoon

    Check Point Snags Israeli Mobile Security Company Lacoon

    Check Point Software Technologies announced it has purchased Lacoon Mobile Security today. Reports surfaced last month that the company was in talks to buy the Israeli company for $80M. No official price was given, but the deal is expected to close today. The move gives Check Point a mobile security piece that’s a bit different from the traditional mobile device management you see… Read More

  • Three 20-Somethings Sell College Project To Docker

    Three 20-Somethings Sell College Project To Docker

    It’s been quite a whirlwind journey for the three founders of Kitematic, a tool that helps dramatically speed up Docker installs. Less than two years ago they were college students working out of their apartment near the University of Waterloo when they came up with the idea that would become Kitematic. Today, those three founders — Jeff Morgan, Michael Chiang and Sean… Read More

  • IBM Watson Group Buys AlchemyAPI To Enhance Machine Learning Capabilities

    IBM Watson Group Buys AlchemyAPI To Enhance Machine Learning Capabilities

    IBM Watson, the artificial intelligence platform made famous by beating the three best Jeopardy! champions ever several years ago, bought Denver-based AlchemyAPI today. It did not reveal the purchase price. The acquisition gives Watson a key piece of machine learning technology. The deal also gives it access to community of over 40,000 AlchemyAPI developers, who are building cognitive… Read More

  • Message Systems Buys Rival Port25 Solutions To Create Email Infrastructure Giant

    Message Systems Buys Rival Port25 Solutions To Create Email Infrastructure Giant

    In a marriage of two email infrastructure rivals, Message Systems bought Port25 Solutions today for an undisclosed mix of stock and cash. With it, they have created a company that covers every email infrastructure need from small business all the way to mega messaging clients like social networks. Message Systems CEO Phillip Merrick, says the acquisition gives his company unmatched coverage. Read More

  • DataStax Grabs Aurelius In Graph Database Acqui-Hire

    DataStax Grabs Aurelius In Graph Database Acqui-Hire

    DataStax scored a $106M funding pay day last September, and today it announced it was using some of that money to acquire open source graph database company, Aurelius, along with its engineering talent. No terms were disclosed, but all eight Aurelius engineers will be joining DataStax immediately. The new team will begin working on what they are calling “a massively scalable… Read More

  • Dropbox CloudOn Purchase Another Move In Evolving Enterprise Strategy

    Dropbox CloudOn Purchase Another Move In Evolving Enterprise Strategy

    When Dropbox announced earlier today it had bought CloudOn, a tool for editing Microsoft Office documents on your iPad, it represented another step in Dropbox’s attempt to become more friendly to the enterprise. Dropbox announced a partnership with Microsoft last November to embed Dropbox into Microsoft Office, and chances are this purchase is an extension of that, while fitting in with… Read More

  • British Authorities Drop Autonomy Accounting Inquiry, US Investigation Continues

    British Authorities Drop Autonomy Accounting Inquiry, US Investigation Continues

    The British Serious Fraud Office today dropped its investigation into accusations of accounting improprieties at Autonomy, citing insufficient evidence to continue the investigation, but it made clear that the US investigation would continue. “In respect of some aspects of the allegations, the SFO has concluded that, on the information available to it, there is insufficient evidence for… Read More

  • How Yello Mobile Ate 61 Startups In One Year

    How Yello Mobile Ate 61 Startups In One Year

    So many eyeballs, so little growth. Or so Yahoo’s recent performance under Marissa Mayer could be summarized. Joining Yahoo as its head in 2012, Mayer quickly made a splash with a rapid series of acquisitions, from the billion dollar purchase of Tumblr to the $30 million acquisition of Summly. The performance of that strategy has been lackluster. While Yahoo has acquired nearly 50… Read More

  • Demandware Snags Point Of Sale Provider Tomax To Extend Reach From Web To Store

    Demandware Snags Point Of Sale Provider Tomax To Extend Reach From Web To Store

    Demandware announced today that it bought Tomax, a cloud-based point of sale company for approximately $75M in cash and incentives. According to Demandware CEO Tom Ebling, the acquisition extends Demandware’s reach from eCommerce websites to the brick-and-mortar storefront. Ebling said that they were attracted to Tomax for several reasons. First of all, like Demandware, they are… Read More

  • Citrix Scoops Up Virtual Storage Vendor Sanbolic

    Citrix Scoops Up Virtual Storage Vendor Sanbolic

    Citrix purchased Sanbolic today, a company that provides virtual storage optimization services, filling in a missing piece in its virtualization product portfolio with the acquisition. It’s worth noting that Sanbolic plays nicely with Citrix desktop virtualization technology and considered Citrix a strong partner before the agreement, so the deal makes sense in that context. The… Read More

  • Oracle Continues March To Cloud Buying Data As A Service Broker Datalogix

    Oracle Continues March To Cloud Buying Data As A Service Broker Datalogix

    Oracle added another piece to its growing cloud portfolio today, buying digital-marketing, Data as a Service broker Datalogix. The move not only gives Oracle another cloud tool, it’s one that’s aimed directly at marketers, an area where Oracle is fighting hard with rival Salesforce.com and others for dominance. The announcement did not include terms. Datalogix gives Oracle… Read More