Some more consolidation afoot in the cloud services industry, specifically around integration services. Wipro, a IT services company originally founded in India, announced that it has acquired Appirio — a consultancy focused on cloud services and cloud integration — for $500 million. The deal confirms earlier reports of the acquisition, where the rumored price was $400… Read More Tweet This […]
Posted on October 23rd, 2016 by admin
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Consolidation continues to work its way through the world of enterprise startups. Today Akamai announced that it has acquired Soha Systems in an all-cash deal. Soha provides enterprise secure access as a service. Akamai is not disclosing the value of the deal, saying it was immaterial for the company. The news comes less than a week after Akamai announced that it […]
Posted on October 4th, 2016 by admin
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Microsoft has picked up another productivity app — announcing the acquisition of AI-powered scheduling tool Genee. In a blog post today the software giant said it will be plugging Genee into its cloud productivity suite, Office 365. Read More Tweet This Post
Posted on August 22nd, 2016 by admin
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Yet one more significant piece of M&A in the online recruitment industry. Today Randstad Holdings, an Amsterdam-based human resources and recruitment specialist, announced that it would acquire job hunting portal Monster Worldwide, for $429 million in cash. The deal works out to $3.40 per share in cash and is a premium on Monster’s share price at closing […]
Posted on August 9th, 2016 by admin
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Salesforce is continuing its buying spree to expand the kinds of cloud-based apps and services that it offers to its customers beyond basic CRM. The company has just announced that it is acquiring Quip, the cloud-based word processing app that was co-founded by Bret Taylor, formerly CTO of Facebook. We understand from two sources very […]
Posted on August 2nd, 2016 by admin
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Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on […]
Posted on August 1st, 2016 by admin
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Oracle will acquire NetSuite for about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd. Hurd called NetSuite and Oracle’s offerings… […]
Posted on July 28th, 2016 by admin
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Oracle today announced that it is making an acquisition to (literally and figuratively) build out its Primavera project management and billing business: it is buying Textura, a provider of cloud-based contract and payment management solutions specifically for the construction industry. The all-cash deal, Oracle said, is worth $663 million, net of Textura’s existing cash. Oracle said… […]
Posted on May 1st, 2016 by admin
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As more enterprises move their communications services over to IP networks and cloud-based services, we’re seeing an increasing amount of consolidation as the businesses that serve them continue to grow to provide end-to-end services — and to shore up against smaller, newer and less expensive offerings from the likes of Slack, Skype, Google Hangouts and more. Today […]
Posted on April 15th, 2016 by admin
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IBM has made an acquisition to help grow its business in cloud services for government and other public sector organizations — cloud services being of the areas that IBM hopes will offset declines in its legacy business. The company has acquired Optevia, a UK-based consultancy that specialises in customer relationship management solutions, specifically cloud-based CRM delivered by… Read More Tweet […]
Posted on March 19th, 2016 by admin
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