Mergers and Acquisitions

  • GE Digital snags ServiceMax for $915 million

    GE Digital snags ServiceMax for $915 million

    GE Digital announced today it was buying ServiceMax, a cloud-based field service management company, for $915 million. GE Ventures had been an investor in the company as part of the $82 million Series F round in 2015. The two companies have more in common than you might think. GE is building the Predix Platform, on top of which it hopes companies will build applications that take advantage… Read More

  • We are on the verge of a consumer M&A avalanche Crunch Network

    We are on the verge of a consumer M&A avalanche

    If you believe in the mantra “innovate or die,” you might conclude that the largest consumer and retail brands are terminally ill. Giants like Kraft and Clorox all seem to be too slow and enslaved to shareholders to innovate. At the same time, they may be too large to perish… at least for now. Read More

  • Broadcom acquires Brocade in $5.9 billion deal

    Broadcom acquires Brocade in $5.9 billion deal

    Broadcom, Ltd bought Brocade Communications Systems today for $5.9 billion, giving the company a strong offering in networking storage business. It’s quite a nice deal for Brocade shareholders, who gain a 47 percent premium over the $8.69 closing price last Friday night (October 28th). Under the terms of the deal, Broadcom will pay $12.75 per share. It’s an all-cash $5.5… Read More

  • BloomReach shoots for more complete digital experience with Hippo acquisition

    BloomReach shoots for more complete digital experience with Hippo acquisition

    BloomReach, which helps ecommerce companies personalize buying experiences using data and algorithms, announced today that it was acquiring Amsterdam-based web content management vendor, Hippo for an undisclosed amount. It’s an interesting deal in that it brings together a company that offers personalization and optimization in an ecommerce context with one that helps manage web… Read More

  • Why non-internet companies are buying into adtech Crunch Network

    Why non-internet companies are buying into adtech

    Research shows the flurry of M&A in the advertising industry is nowhere near slowing. In Q1 2016 alone there were 72 merger and acquisition events among advertising technology, marketing technology and digital media firms. It’s clear much of this deal activity is about industry consolidation to bolster or establish audience, round out tech stack or neutralize potential threats. Read More

  • The loss of an ARM Crunch Network

    The loss of an ARM

    Japanese telecoms firm SoftBank recently acquired British microchip manufacturer ARM Holdings. ARM’s shareholders approved the $32 billion deal at the end of August, and the company was delisted from the London Stock Exchange on September 5. The deal represents the largest acquisition of a European technology company. Ever. Read More

  • Honest Co. is reformulating its soaps after ingredients controversy

    Honest Co. is reformulating its soaps after ingredients controversy

    The consumer products startup founded by Jessica Alba, The Honest Co., on Friday told The Wall Street Journal that it plans to reformulate its dish soap, laundry detergent and other cleaners after an earlier controversy over their ingredients. The Honest Co. markets its products as gentler, healthier and more environmentally sustainable than those of mainstream brands in the U.S. However… Read More

  • $67 billion Dell-EMC deal closes today

    $67 billion Dell-EMC deal closes today

    Last Fall, rumors began circulating that Dell was interested in acquiring EMC. On October 12th, the rumors proved true when Dell announced it was buying EMC for an astonishing $67 billion, a record price for a tech acquisition. Almost a year later, for better or worse (richer or poorer), that deal is official today. While the parties might like to frame this as a deal with little drama, the… Read More

  • What Salesforce’s acquisition of Quip means for enterprise software startups Crunch Network

    What Salesforce’s acquisition of Quip means for enterprise software startups

    A new player has entered the enterprise productivity race. For decades, Microsoft reigned as the market leader in enterprise productivity — until Google pushed into the space with Google Apps. Now, with the acquisition of Quip, Salesforce is joining Microsoft and Google in the race. Read More

  • Why AI consolidation will create the worst monopoly in US history Crunch Network

    Why AI consolidation will create the worst monopoly in US history

    Forget Hillary Clinton and Donald Trump — we need a trust-buster like Teddy Roosevelt, who in 1902 attacked the Northern Securities Company, a railroad holding company led by J.P. Morgan and James J. Hill. Consolidation in any market is expected, but AI is consolidating at such a rapid clip, at such an early stage and by so few companies that there are strong reasons to be concerned. Read More

  • ScienceLogic acquires AppFirst to bolster its IT infrastructure monitoring service

    ScienceLogic acquires AppFirst to bolster its IT infrastructure monitoring service

    IT monitoring specialist ScienceLogic today announced that it has acquired AppFirst, a service to give IT admins deeper visibility in what apps and services run across a company’s servers, virtual machines and cloud instances. The companies did not disclose the financial details of the transaction. Minnesota-based AppFirst was founded in 2009 and raised a total of $15.2 million… Read More

  • The next $1 billion startup acquirer won’t be a tech company Crunch Network

    The next $1 billion startup acquirer won’t be a tech company

    Acquisitions starting with a “B” are not uncommon in the tech industry in Silicon Valley. Roughly two to four billion-dollar deals have gone down each quarter (on average) over the last few years. The recent purchases of Cruise Automation by General Motors and Dollar Shave Club by Unilever turned heads for another reason —  the buyers were as non-techie as you can get. Read More

  • Snapchat is acquiring mobile search app Vurb for $110M+

    Snapchat is acquiring mobile search app Vurb for $110M+

    Snapchat could help you organize a night out with friends or get a digest of the day’s news thanks to its acquisition of mobile search startup Vurb. TechCrunch caught wind of the impending deal over the weekend and now The Information reports Snapchat is in the closing stages of talks to pay $110 million for Vurb (75 percent stock, 25 percent cash). Snapchat is also said to offer $75… Read More

  • Hewlett Packard Enterprise picks up SGI for $275 million

    Hewlett Packard Enterprise picks up SGI for $275 million

    The last decade-plus hasn’t been great for SGI. The company formerly known as Silicon Graphics declared Chapter 11 in 2009. That same year, it was sold to Rackable for a song, with that company somewhat confusingly changing its own name to SGI (short for Silicon Graphics International) during the process. Now former competitor Hewlett Packard Enterprise (which spun out from HP last year)… Read More

  • Rackspace sells Cloud Sites unit to Liquid Web

    Rackspace sells Cloud Sites unit to Liquid Web

    Rumors have been flying for over a week that Rackspace was for sale, but today instead of the whole kit and kaboodle, the company announced it was selling its Cloud Sites web hosting unit to Liquid Web. The fact that Liquid Web is itself a cloud web hosting company would seem to make the two a perfect match, allowing the company to expand its business through acquisition. The two… Read More

  • Rackspace sells Cloud Sites unit to Liquid Web

    Rackspace sells Cloud Sites unit to Liquid Web

    Rumors have been flying for over a week that Rackspace was for sale, but today instead of the whole kit and kaboodle, the company announced it was selling its Cloud Sites web hosting unit to Liquid Web. The fact that Liquid Web is itself a cloud web hosting company would seem to make the two a perfect match, allowing the company to expand its business through acquisition. The two… Read More

  • How to tell if your small company needs to expand through acquisitions Crunch Network

    How to tell if your small company needs to expand through acquisitions

    The market for mergers and acquisitions, particularly in software, is red-hot: Big private-equity firms, flush with cash, did 170 software deals worth $27.22 billion in the first half of 2016 alone. But the software M&A frenzy also highlights how smaller tech companies can turbocharge their growth by pursuing highly strategic, add-on acquisitions. Read More

  • A Q&A with DFJ Partner, Bill Bryant, on “unicorn” valuations and startup investing Crunch Network

    A Q&A with DFJ Partner, Bill Bryant, on “unicorn” valuations and startup investing

    Pundits are painting a picture of doom and gloom for startups, saying it will be harder to raise money. What do you think? I think the next several months and possibly years will be challenging for raising capital. There has definitely been a reset. The market was over extended in an unhealthy way and we are seeing the impact across the board. The catalyst for this reset has been the collapse… Read More

  • Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal

    Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal

    When Oracle bought NetSuite yesterday for a cool $9.3 billion in cash, it let the world know it was now totally serious about growing cloud computing revenue. That wasn’t always the case. In the early days of the cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue. In fact, CEO Larry Ellison famously ridiculed… Read More

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