A roundup of this week’s mergers and acquisitions in B2B…
ARI Network Services Inc., an award-winning provider of SaaS, software tools and marketing services that help dealers, distributors and manufacturers Sell More Stuff!™, has entered into a definitive agreement to be acquired by an affiliate of True Wind Capital Management, LLC, a San Francisco-based private equity firm focused on investing in leading technology companies.
Under the terms of the agreement, ARI shareholders will receive $7.10 in cash for each share of ARI common stock they own. The purchase price represents a premium of approximately 33% to ARI’s average closing price for the period of 60 trading days ending June 20, 2017. The all-cash transaction represents an enterprise value of approximately $140 million and has been unanimously approved by ARI’s Board of Directors.
Verimatrix, the specialist in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe, announced the acquisition of the MiriMON technology and development team from Genius Digital, the expert in audience analytics for TV. This state-of-the-art client device data collection technology has already been integrated within the Verimatrix Verspective™ Operator Analytics solution suite and ViewRight® Ultra downloadable app packages. As a part of Verspective, the technology provides real-time service quality and customer experience visibility at the device level, as well as feeds the Verspective platform that provides powerful competitive insight for next-generation video services. This acquisition enables a closer alignment with Verspective and its security foundations and full control over the roadmaps for the core data collection technology and service dashboard displays.
Latest posts by B2BNN Newsdesk (see all)
- Datametrex: Big data meets conversational intelligence - February 22, 2018
- Twitter Chat Recap: Thoughts on ABM and SDSummit with SiriusDecisions - February 14, 2018
- A Global First: CIO Blockchain Professional Certifications Issued in Canada by TransformationWorx - January 25, 2018