A look at Mergers and Acquisitions in B2B this week… *** Bitdefender, an innovative security software solutions provider, has acquired Profil Technology of France to rapidly bolster its global presence. The acquisition will be the largest in Bitdefender’s 15-year history and it will boost the company’s enterprise revenue and strengthen its position in the European and global […]
A look at Mergers and Acquisitions in B2B this week… *** Upland Software, Inc., a leader in cloud-based Enterprise Work Management software, announced that it has acquired Omtool, an award-winning enterprise document capture, fax, and workflow solution. *** The Corridor Group Holdings LLC announced that it has acquired Transpirus LLC, a leading national provider of […]
A look at Mergers and Acquisitions in B2B this week… *** TD Securities completed the previously announced acquisition of Albert Fried & Company (AF&Co), which advances its U.S growth strategy. The purchase of AF&Co’s services and capabilities includes self-clearing, securities lending and a prime brokerage technology platform in its final stages of development. TD Securities plans to […]
Demandbase, a leader in the account-based marketing (ABM) technology space, acquired WhoToo, a profiler of customer ad data. This deal is poised to create the largest information platform for B2B marketers. That sounds like a good press release subhead, but what really happened is that advertisers and marcom pros got a better way of optimizing […]
While Lauren Friese says there are no hard and fast rules for selling a business, she noticed the signs indicating the time was right to sell TalentEgg, the company she founded in 2008. Among the leading indicators were two factors: Friese recognized that her personal contribution to TalentEgg’s success was becoming less important, and there was […]
Infosys announced on Monday the company is acquiring the Israel-based automation technology provider Panaya Inc. The terms include $200 million in cash with the deal being closed before March 31, 2015, once customary closing conditions are satisfied. Infosys, India’s third largest software services company by revenue, has generally been conservative with its acquisition strategies, as Financial Express […]
It was only a matter of time before Expedia bought its fellow online travel booking giant Travelocity. In 2013, Travelocity used Expedia’s tech for its American and Canadian websites, as well as its competitor’s supply and customer service program, the NY Times writes. Today, Expedia announced the acquisition of Texas-based Travelocity, owned by Sabre. “The strategic marketing agreement […]
Microsoft announced it agreed to acquire Equivio, an Israeli-based startup that harnesses machine learning to sort large amounts of data into relevant groups. “We are making this acquisition to help our customers tackle the legal and compliance challenges inherent in managing large quantities of email and documents,” said Rajesh Jha in a blog post. Equivio uses text analysis software […]
Techvibes reposted some extensive research from the folks at MaRS on exit outcomes in Canada along with a long list of observations and recommendations for all of us building startups in Canada. There’s much I dislike about this research. For one thing, it’s all very backwards-looking. Also, seeking the insights of a fund that has […]
An all-cash exit for a veteran Toronto virtual agent/customer experience startup: [24]7 announced this morning that it has acquired Intelliresponse, a member of the Toronto startup scene for over a decade. Intelliresponse combines predictive analysis and content-based customer service into virtual agents, providing live, on-demand answers to questions from digital visitors. See the media release […]
In a move some critics call a major overpayment, French advertising powerhouse Publicis announced Monday it will acquire marketing and consulting company Sapient for $3.7 billion US. The all-cash transaction equals $25 per share. In a press release [PDF], Maurice Lévy, Chairman and CEO of Publicis Groupe, said: “Sapient is a ‘crown jewel,’ a one of […]
