Merger & Acquisition Digest

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A roundup of this week’s mergers and acquisitions in B2B…

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Wix.com Ltd. has announced that it has acquired DeviantArt, one of the world’s largest online communities dedicated to artists, art enthusiasts and designers. The acquisition represents inherent opportunities in key growth areas for Wix including product development, brand recognition and increased traffic potential.

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Saba Software Inc., a global leader in cloud-based talent management solutions, and Halogen Software Inc., a leading provider of cloud-based performance management solutions, announced that Saba, Vector Capital and its affiliates, and Michael Slaunwhite, Halogen’s co-founder, Executive Chairman and largest shareholder, have entered into a definitive agreement to acquire Halogen.

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Eclipse Corporation announced the acquisition of OF Software Ltd. of Canada, creators of DocOrigin software. DocOrigin is an enterprise software solution used to design, present and deliver mission critical business forms, documents, labels and checks. The software has proven reliability, performance and features and meets the needs of the most demanding vertical markets having been adopted by leaders in the education, finance, government, healthcare, insurance, logistics, manufacturing, telecommunications and utilities industries.

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Ernst & Young LLP announced it has acquired certain tax technology platform assets from TaxChat, LLC, an innovative startup that focused on mobile, on-demand tax preparation services. TaxChat, LLC CEO and co-founder Steve Toy has joined the firm and is now a member of the EY Americas Tax Innovation Foundry, a group dedicated to building transformational new businesses within EY Americas firms.

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