Adobe is strengthening its product portfolio with its intention to acquire Swiss firm Day Software, which makes Web content management systems aimed at marketers. Adobe announced an all-cash tender offer for Day’s shares. The purchase price is approximately $240 million. Many of Adobe’s products, such as Illustrator and Photoshop, are used already to create marketing […]
Posted on July 28th, 2010 by admin
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Mobile communication, marketing and commerce platform vendor Movitas has raised $3 million in a new round of financing from a group of private investors, the company announced earlier this morning, self-reportedly thanks to its success with hotels, holiday resorts and the likes. Movitas says it will use the additional capital to enhance its mobile platform […]
Posted on July 21st, 2010 by admin
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It is not often that a company’s first round of venture funding comes in at $60 million and eight years after it was founded with $10,000 worth of credit card debt. But Atlassian, which was founded in Sydney, Australia in 2002, is taking its first venture money today from Accel Partners. The company pulled in […]
Posted on July 14th, 2010 by admin
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Enterprise software giant EMC has acquired data warehousing company Greenplum Software. Financial terms of the deal were not disclosed but the acquisition is an all-cash transaction. Greenplum, which has raised $61 million in funding, develops database software for business intelligence and data warehousing applications. Greenplum has a number of high profile investors, including Sun Microsystems […]
Posted on July 7th, 2010 by admin
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IBM is making another acquisition today, buying up computer security software company BigFix. Terms of the deal were not disclosed. BigFix security software identifies all of a company’s PCs, laptops, server and then monitors and flags IT administrators when devices are not in compliance with corporate IT security standards. Its software promises to make security […]
Posted on July 3rd, 2010 by admin
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CDC Software today announced it acquired Information Development Consultants (iDC), a cloud-based SaaS enterprise resource planning (ERP) software solution provider for the state and local government and not-for-profit markets. This marks the latest acquisition in CDC Software’s SaaS roll-up strategy. CDC Software acquired gomembers at the end of 2009 and offers on-demand SaaS and on-premise […]
Posted on June 4th, 2010 by admin
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Oracle is acquiring Secerno, an Oxford, UK-based provider of database firewall solutions for Oracle and non-Oracle databases. The terms of the agreement were not disclosed, and Oracle expects the transaction to close before the end of June 2010. Until the deal closes, each company will continue to operate independently. Secerno’s solution adds a critical defensive […]
Posted on May 21st, 2010 by admin
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Cisco is to buy privately held CoreOptics, a designer of digital signal processing solutions for high-speed optical networking applications. Under the terms of the agreement, Cisco will pay approximately $99 million in cash and retention-based incentives in exchange for all shares of CoreOptics. The acquisition is subject to customary closing conditions and is expected to […]
Posted on May 20th, 2010 by admin
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Business software company Intuit has announced the acquisition of healthcare communications software company Medfusion. The cash transaction is valued at approximately $91 million. The transaction is expected to close during the fourth quarter of Intuit’s fiscal year 2010. Intuit plans to integrate Medfusion into its Quicken Health solutions. Intuit says the acquisition will be used […]
Posted on May 12th, 2010 by admin
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IT performance analytics vendor Integrien today announced that the company has completed a funding round of $8 million. The financing round was led by Clearstone Venture Partners and joined by the Acartha Group and Mariner Capital Ventures. The company says it will use the funds to increase both its direct and indirect sales channel to […]
Posted on May 11th, 2010 by admin
Filed under: Uncategorized | 5 Comments »
