silver lake partners

  • SoFi confirms $500 million in new funding as it pushes beyond lending

    SoFi confirms $500 million in new funding as it pushes beyond lending

    Online finance startup SoFi got its start refinancing student loans but gradually has been adding other services to members. To expand into new regions and move closer to becoming a full-service financial services company, SoFi has confirmed that it raised an additional $500 million in equity financing led by Silver Lake. Read More

  • Microsoft launches Skype Lite Android app for India and other emerging markets

    Microsoft launches Skype Lite Android app for India and other emerging markets

    Microsoft has retooled Skype, the messaging service synonymous with business users, for people living in emerging markets. Today, at its Future Decoded event in India, Microsoft took the wraps off Skype Lite. The service is an Android app that mains the core video and voice calling functionalities, but is optimized for those on limited internet connections such as 2G data. It… Read More

  • Microsoft acquires AI scheduling bot Genee for Office 365 smarts

    Microsoft acquires AI scheduling bot Genee for Office 365 smarts

    Microsoft announced today that it acquired Genee, an AI-powered scheduling assistant bot that specializes in planning meetings for large groups or when organizers don’t have direct access to the calendars of everyone involved. Genee’s app is a chatbot accessible via an iPhone app, email, SMS, FB, Twitter or Skype, and it understands natural language input, so you can just text it… Read More

  • The Case for Silver Lake Not Being Evil Incarnate

    When an employee cries foul against a big tech company or its greed-driven investors, it’s easy to take the side of the employee, especially when an employee comes forward on the record to state his or her case. A wronged employee is inherently more sympathetic than a big, greedy private equity firm or a faceless corporation, and it’s rare that an employee will actually publicly… Read More

  • China's Focus Media Sells Internet Division Allyes To Silver Lake For $124 Million

    Focus Media, one of China’s leading digital media groups, this morning announced that it is selling a 62% indirect equity ownership of its Internet division, Allyes, to US-based private investment firm Silver Lake. Under the terms of the agreement, Silver Lake will pay $124 million to Focus Media, in exchange for the equity ownership of Allyes. Focus Media had acquired the internet… Read More

  • Confirmed: Skype Founders Settle With eBay And Others, Get 14% Stake In Skype, Not 10%

    eBay has just announced that it has reached a settlement with the founders of Skype, clearing the way for the sale of the Internet communication company to a consortium formed by private equity firm Silver Lake Partners, Andreessen Horowitz and the Canada Pension Plan Investment Board. Index Ventures, a historical investor in Skype, is not going to be part of that buying party after all, and… Read More