acquisition

  • Stratoscale acquires database-as-a-service company Tesora

    Stratoscale acquires database-as-a-service company Tesora

    Stratoscale, a startup that gives enterprises AWS-compatible environments inside their data centers, has acquired Tesora, a database-as-a-service company that runs on top of the OpenStack platform and that allows its customers to choose between 16 of the most popular databases. Both companies declined to discuss the financial details of the acquisition. According to Crunchbase, Tesora had raised… Read More

  • Why the $3.7 billion AppDynamics acquisition happened right before IPO

    Why the $3.7 billion AppDynamics acquisition happened right before IPO

    Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminary talks were abandoned in November, but the discussion just picked up again last week. The deal was announced today and the IPO was slated to price tomorrow. Although many companies seek… Read More

  • HPE acquires SimpliVity for $650M in cash

    HPE acquires SimpliVity for $650M in cash

    HPE today announced that it has acquired data management platform SimpliVity for $650 million in cash. SimpliVity is one of the many companies in this space focused on what is often called “hyperconverged infrastructure.” That sounds like somebody’s buzzword — and it definitely is — but the core idea is pretty sound: hyperconverged systems combine compute… Read More

  • RadPad gets acquired by LandlordStation after nearly shutting down

    RadPad gets acquired by LandlordStation after nearly shutting down

    Layoffs and an office auction sparked rumors that home rental startup RadPad was on its deathbed last year. After raising more than $12 million in funding, hefty legal fees from a “data scraping” lawsuit with Craigslist had put the LA-based startup nearly out of business. But TechCrunch has learned that RadPad has found itself a new home. Dallas-based LandlordStation has purchased… Read More

  • Atlassian acquires Trello for $425M

    Atlassian acquires Trello for $425M

    Atlassian today announced that it has acquired project management service Trello for $425 million. The vast majority of the transaction is in cash ($360 million), with the remainder being paid out in restricted shares and options. The acquisition is expected to close before March 31, 2017. This marks Atlassian’s 18th acquisition and, as Atlassian president Jay Simons noted when I talked… Read More

  • DJI acquires majority stake in Hasselblad, the iconic Swedish camera company

    DJI acquires majority stake in Hasselblad, the iconic Swedish camera company

    Last year DJI took a minority stake in Hasselblad, the iconic Swedish camera company. The companies also announced a partnership to work together on high-end camera drones that would combine DJI’s drone aerial technology with Hasselblad’s cameras. Now Luminous Landscape has reported, and multiple industry insiders have told TechCrunch, that DJI has acquired Hasselblad, not… Read More

  • Glu Mobile acquires QuizUp in deal valued at $7.5 million

    Glu Mobile acquires QuizUp in deal valued at $7.5 million

    The developers of popular celeb-themed games including Kim Kardashian: Hollywood and Nicki Minaj: The Empire, Glu Mobile, acquired Plain Vanilla Corp., and its mobile social trivia game QuizUp this week, according to an SEC filing. The deal was valued at $7.5 million, including forgiven debt, according to sources familiar with the deal. This is undoubtedly a disappointing fate for the… Read More

  • Yahoo shares tumble as investors fear Verizon acquisition trouble

    Yahoo shares tumble as investors fear Verizon acquisition trouble

    Yahoo shares tumbled 6% on Thursday as investors feared that the latest Yahoo hack could spell bad news for its sale to Verizon. This is the second major hack revelation in recent months and there’s speculation that Verizon could be spooked. Some are wondering if Verizon will ask for a discount on the $4.8 billion deal or scrap it altogether. TechCrunch is owned by Verizon, but we do… Read More

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