EMC To Acquire Virtustream
EMC Corporation (NYSE: EMC) today announced it has entered into a definitive agreement to acquire privately-held Virtustream. When the transaction closes, Virtustream will form EMC’s new managed cloud services business. The acquisition represents a transformational element of EMC’s strategy to help customers move all applications to cloud-based IT environments. With the addition of Virtustream, EMC completes the industry’s most comprehensive hybrid cloud portfolio to support all applications, all workloads and all cloud models.
Virtustream CEO Rodney Rogers will report to Joe Tucci, EMC Chairman and CEO.
“Virtustream is an exceptional company and this is a critical and transformative acquisition for EMC in one of the industry’s fastest-growing and most important sectors,” said Joe Tucci. “With Virtustream in place, EMC will be uniquely positioned as a single source for our customers’ entire hybrid cloud infrastructure and services needs. We could not be more delighted that Virtustream will be joining the EMC Federation family. It’s a game changer.” READ MORE
Weathermob Joins Weathernews Inc.
Weathermob is just delighted to announce that we have joined Weathernews Inc., www.weathernews.com/, a large Japanese weather company already committed to the power of crowdsourced weather reporting; the power of people reporting, the potential and poetry!
Our forecast, together, is sunnier!
We remain committed to keeping the same warm and welcoming weather community and creating better, safer weather data, as we grow into this new global partnership. READ MORE
Business Card Upstart Moo.com Buys Flavors.me To Expand Its Digital Profile
Moo.com, the online-to-print business card company that was one of the UK’s earlier startup successes, is branching out: it is buying all of the assets of Flavors.me, the site where people can create online personal profiles, effectively the digital equivalent of the business card. Hii Def Inc., which had created Flavors.me, is selling Moo.com the Flavors.me brand, site, technology, IP and its 500,000 existing users; it will keep its other business, Goodsie, a site for small businesses to create slick e-commerce websites. It is an all-cash deal, with the actual price is not being disclosed.
Predilytics Acquired by Welltok
Welltok today announced the acquisition of leading healthcare predictive analytics company, Predilytics. The acquisition adds another powerful layer of consumer intelligence and analytical capabilities to Welltok's CafeWell Health Optimization Platform, providing even more personalized guidance for consumers and delivering more value and insights to health plans, at-risk providers and other population health managers.
Predilytics uses machine learning and propriety technologies to more accurately segment consumers based on risk, receptivity and impactabilty, which ultimately provides more actionable insights. Leveraging these capabilities and insights, Welltok is creating the healthcare industry's first analytics-driven consumer enterprise platform that not only identifies which consumers to target, but also engages them with the most relevant health improvement resources and incentives. This provides a highly personalized, rewarding experience for consumers, as well as helps population health managers optimize their spend. READ MORE
Brand Networks To Acquire Social Advertising Platform SHIFT
Brand Networks, the leading provider of relevance-driven social marketing and advertising software, today announced that it will acquire SHIFT, the award-winning platform for cross-network social advertising and collaboration, in a $50 million cash and stock deal. The acquisition creates the world’s leading social marketing platform with relevance at its core—powered by RelevanceRank, a proprietary technology also announced today. RelevanceRank is designed to help marketers achieve the highest possible levels of effectiveness and efficiency at every stage of the social marketing process.
With the acquisition, the Brand Networks platform will power over $500 million in social advertising spend for more than 650 of the world’s best known brands and agencies, such as Interpublic Group, WPP, American Express, AT&T, InBev, Discover, Yahoo! and Unilever. Customers include half of the Fortune 100 as well as 17 of AdAge’s 25 Most-Advertised Brands. This pushes the company to the forefront of an industry expected to top $16.2 billion in domestic spending by 2019. READ MORE
Teradyne to Acquire Universal Robots
Teradyne has signed an agreement to purchase Universal Robots (UR), the world’s leading maker of collaborative robots (cobots), based in Odense, Denmark. Cobots are low-cost, easy-to-deploy, simple-to-program robots that work side by side with production workers to improve quality and increase manufacturing efficiency. They automate tasks including machine tending, packaging, gluing, painting, polishing and assembling parts and are deployed in the automotive, food and agriculture, furniture and equipment, metal and machining, plastics and polymers, and pharma and chemicals industries.
Teradyne will provide revenue synergies, financial strength and global reach that will help accelerate Universal Robots growth. The acquisition provides Teradyne early access in an emerging market on the cusp of rapid growth. READ MORE
Citrix to Acquire Grasshopper
Citrix announced that it has entered into a definitive agreement to acquire Grasshopper Group, LLC, a leading provider of cloud-based telephony solutions for small businesses. Closing of the acquisition is subject to certain government consents and other closing conditions. The company expects that the deal will close in the second quarter of 2015.
The terms of the acquisition were not disclosed. READ MORE
Rapid7 Acquires NT OBJECTives (NTO)
Rapid7, a leading provider of security data and analytics software and services, announced today that it has acquired NT OBJECTives (NTO), the web and mobile application security testing company, expanding Rapid7's Threat Exposure Management offering to further meet the needs of modern business infrastructures. NTO's application security testing solution - trusted by many Fortune 500 companies - analyzes web applications for security vulnerabilities and maximizes organizations' ability to effectively reduce IT security risk. Rapid7 is offering this technology under the name Rapid7 AppSpider, available immediately to customers.
The addition of the AppSpider suite to Rapid7's Threat Exposure Management solutions provides information security teams with the ability to assess risk in assets and applications in their environments. This is combined with analytics to identify the most impactful actions that can reduce IT security risk. This approach enables users to make decisions based on business context and threat validation through automated attack simulation. READ MORE
PTC to Acquire ColdLight
LiveWorx 2015. It’s On! – PTC (Nasdaq: PTC) today announced it has signed a definitive agreement to acquire ColdLight, a visionary in big data machine learning and predictive analytics, for approximately $105 million. The acquisition of ColdLight’s Neuron automated predictive analytics platform will enrich PTC’s technology portfolio and extend PTC’s position as a leader in the Internet of Things (IoT) market.
ColdLight will serve as PTC’s core data analytics platform to deliver new value to markets both companies serve today – manufacturing, healthcare, media and retail – as well drive growth across new markets. When combined with PTC’s ThingWorx® IoT platform, ColdLight’s Neuron will automate the analysis of data from things to address a range of important challenges. These challenges include detecting failure patterns from data, modeling correlations, predicting failures, prescribing remedies and prioritizing recommendations against cost constraints. ColdLight’s Neuron platform addresses these challenges by using artificial intelligence and machine learning technology to automatically and continuously learn from data, discover patterns, build validated predictive models and send information to virtually any type of application or technology. READ MORE
Imprivata Acquires HT Systems
Imprivata®, (NYSE: IMPR), the healthcare IT security company, today announced it has acquired HT Systems, the market leading provider of palm-vein based biometric patient identification systems, to enter into the emerging patient identification market, which Imprivata estimates to be approximately $2.0 billion globally. The acquisition of HT Systems and its PatientSecure® biometric patient identification technology supports Imprivata’s long-term vision to be the leading provider of healthcare IT security solutions that increase provider productivity, enable patient engagement, and improve patient safety.
“The acquisition of HT Systems represents our first strategic investment in expanding our market to patients. Patient engagement is going to become a critical part in the providing of care across the healthcare continuum,” said Omar Hussain, president and CEO of Imprivata. “Without systems for secure patient identification and access, meaningful patient engagement across the care continuum will be nearly impossible. We are very excited that with HT Systems, we are acquiring a leading biometric patient identification product that we can leverage through our global distribution channel and partner ecosystem to expand rapidly and meet our customers’ needs.” READ MORE
* Learn more about Imprivata on their BIZZpage
Iron Mountain Acquires Recall Holdings Limited
Iron Mountain Announces Agreement in Principle to Acquire Recall Holdings Limited for 0.1722 of an Iron Mountain Share for Each Recall Share; Partial Cash Alternative of A$8.50 per Recall Share
Iron Mountain (NYSE:IRM), the storage and information management company, today announced that it has reached an agreement in principle with Recall Holdings Limited to acquire Recall by way of a recommended court approved Scheme of Arrangement for 0.1722 of an Iron Mountain common share for each Recall share (the “proposed transaction”). The proposed transaction between the companies is contingent on Iron Mountain and Recall conducting confirmatory due diligence and negotiating and executing mutually acceptable merger documentation and other terms and conditions. This agreement in principle does not assure that a definitive agreement regarding the proposed transaction will be reached or that any transaction between the companies will actually occur.
Iron Mountain president and CEO William L. Meaney said, “Our proposed transaction with Recall represents a compelling value proposition that we expect will generate significant synergies and be highly accretive after year one for both companies’ shareholders. In addition, Recall shareholders will directly benefit from the upside in future performance of the combined company and from any share appreciation of Iron Mountain common stock if the merger occurs. READ MORE
Amsterdam's Bynder Is Bringing Its Cloud-Based Brand Portals to the U.S.
The market for on-demand cloud-based brand management and marketing asset management (MAM) tools is gaining momentum, and Bynder is staking its claim in the United States through the acquisition of Boston-based LumaCloud. Bynder's clientele already includes major international brands such as KLM, Volkswagen, Scotch & Soda, Ingersoll Rand and Bacardi, but will soon include additional high profile brands.
Bynder Accelerates Growth by Acquiring Startup SocialExpress
Bynder, cloud-based brand portal provider, announced today that it has acquired SocialExpress, a social media analytics reporting tool. The acquisition enables Bynder to add social media reporting to its current roster of services and deliver a comprehensive solution to a larger base of global clients, while helping marketers strengthen their data-driven decision making. The deal is motivated by Bynder’s effort to expand beyond its traditional digital asset management services. SocialExpress founder and CEO, Ivo Minjauw, will join Bynder as key product manager for Bynder’s Content Hub.
Ninebot Acquires Segway
As reported by TechCrunch, Beijing-based Ninebot Acquires Segway, Raises $80M From Xiaomi And Sequoia.
Intriguing news from the personal transportation mobility device sector: Beijing-based company Ninebot has announced that not only will it acquire rival Segway, but it has also scored $80 million in funding from investors including Xiaomi, Sequoia Capital, and Shunwei Foundation.
This marks the third time that Segway, which has struggled to live up to its much-hyped 2001 launch, when it was vaunted as the “future of transportation,” has been acquired. It was purchased by UK-based CEO Out in 2010 before being sold to Summit Strategic Investments in 2013. READ MORE from TechCrunch
Localytics Acquires Splitforce
Localytics, the complete marketing and analytics platform for mobile and web apps, today announced the acquisition of Splitforce, an automated optimization tool purpose-built for mobile apps. With the acquisition, Splitforce co-founders Zac Aghion and David Ruiz join the Localytics team, bringing additional data science expertise to fuel the company’s predictive app marketing capabilities. Predictive app marketing helps app marketers and product managers leverage user data to predict and personalize engagement with app users at every stage of the customer journey.
“Apps have dramatically increased consumers’ expectations for experiences catered to their individual needs, while giving businesses a new dataset to tap into for better decisioning,” said Raj Aggarwal, CEO of Localytics. “We’re focused on helping businesses turn that data into personalized engagement, and Splitforce has the best team and technology in place to deliver on the cutting-edge of that mission: predictive app marketing.” READ MORE
Driftt Acquires Fetchnotes
During my sophomore year at the University of Michigan, I took a class called “Entrepreneurship Practicum.” It was a bootcamp in the “lean startup” method taught by one of the cofounders of Aardvark, and I became really interested in how people capture ideas and reminders. In fact, it was around exactly this time in 2011 that I sent out the first “alpha” invites of what would eventually turn into Fetchnotes... READ MORE
Teikametrics Acquires Lab Escape
Teikametrics, the leading provider of pricing and inventory optimization for Amazon third-party retailers, has acquired Lab Escape, the leader in heat map visual data discovery software. Teikametrics will add Lab Escape’s embeddable visual data discovery solutions to its suite of analytics tools for e-commerce retailers.
“The acquisition of Lab Escape’s visual data discovery platform is firmly aligned with our mission to use big data to solve valuable problems,” said Alasdair McLean-Foreman, CEO of Teikametrics. “In addition, the acquisition of Lab Escape diversifies Teikametrics’ customer portfolio by adding world class retailers including Walmart, Costco, and other Fortune 500 companies. Other notable clients include Dell, U.S. Army, and Schlumberger. Adding Lab Escape to our team gives us the opportunity to broaden our reach and develop long term growth outside of the Amazon marketplace.” READ MORE
MassChallenge Acquires Start Tank Boston
Two years ago, we created Start Tank as our way to give back and accelerate innovation in the Boston ecosystem. From its beginnings as a couple of extra desks quietly tucked behind reception, Start Tank Boston quickly grew to host a total of nearly 200 people from 49 startups that raised over $40M in venture and seed capital during the past two years. Building on this momentum, Start Tank later expanded to two other continents, with Boston maintaining the largest presence and footprint in the community.
For the next stage of growth, Start Tank Boston will be spun out and combine forces with MassChallenge. The MassChallenge mission to “catalyze a startup renaissance” by “helping early-stage entrepreneurs win” is 100% aligned with everything Start Tank has stood for since inception. Together, we’ll be able to provide Boston-area entrepreneurs with the strongest program and resources.
MassChallenge will acquire key elements of the Start Tank Boston program... READ MORE
Cryptzone Acquires HiSoftware
Cryptzone, a global provider of data security and identity and access management (IAM) solutions, has acquired HiSoftware Inc., a leading provider of governance, compliance and security solutions. HiSoftware’s product portfolio provides a highly complementary set of solutions that will enhance Cryptzone’s already robust capabilities in securing critical data in the cloud, on mobile devices, and in customer data centers. The combined company will offer a complete suite of context-aware access control, data security and compliance solutions designed for today’s dynamic, mobile, cloud-centric enterprise IT.
Valore Acquires Boundless
Valore announced today the acquisition of Boundless, a digital publisher and platform that offers millions of students and teachers customizable textbooks, teaching resources, and learning tools. Together, Valore and Boundless are uniquely positioned to eliminate the inefficiencies that exist throughout the textbook ecosystem and to be an agent of change in how college textbooks are created, acquired and consumed.
“Textbooks and course materials are the biggest expense that students face after tuition and room and board, and inefficiencies in the textbook market continue to drive that expense higher and higher,” said Kevin Walker, CEO, Valore. “We are excited about the product, platform and content Boundless has built. And we are looking forward to working with their strong team to continue empowering students and professors with choices for creating and consuming content that will result in higher quality education resources at a lower cost.” READ MORE
Mobiquity Acquires Morgan Clark & Company
Mobiquity, a mobile engagement provider, today announced it has acquired Amsterdam-based Morgan Clark & Company a company focused on technology-enabled business consulting. This acquisition will allow Mobiquity to deepen its European-based mobile consulting and transformative services offerings.
“Mobile is in our DNA – we are strongly committed to developing innovative solutions that combine rich user experience, business strategy and integrated technology,” said Mobiquity founder and CEO, Bill Seibel. “As mobile continues to drive change and innovation within enterprises we are committed to our multi-disciplined approach and to help drive innovation for our expanding roster of European customers.” READ MORE
HubSpot Acquires Rekindle
As you may have seen, HubSpot has acquired Rekindle, a Boston based technology startup with unique IP and innovations that we believe will help HubSpot and our customers advance. But how? Below I’ve taken the time to share some of my thoughts on why we made this specific acquisition and how we view acquisitions like these as part of our commitment to rapid growth and transforming the marketing and sales landscape. READ MORE
Publicis Groupe Acquires Expicient
Publicis Groupe [Euronext Paris: FR0000130577, CAC40] has acquired Expicient Inc. (Expicient), a leading global omni-channel services firm with significant expertise in inventory and order management systems (OMS), a capability that clients increasingly need to manage inventory, pricing and offers across channels for today's connected consumer who moves fluidly across digital and physical stores. Expicient will be integrated into the Publicis.Sapient platform under the Rosetta brand.
"Today's always-on consumer makes no distinction between devices and channels," said Publicis.Sapient CEO Alan Herrick "as a result our retail clients are increasingly looking for us to build systems -- inventory, supply chain, omni-channel commerce that enable the experience a 2015 consumer demands. Expicient joining Publicis.Sapient allows us to significantly strengthen our clients ability to integrate offer information, order information, inventory information and pricing information across channels, which is a significant change from a world where the on-line stores and physical stores operated separately." READ MORE
Paydiant Acquired by PayPal
Paydiant is excited to announce that we have entered into an agreement to be acquired by PayPal. This is obviously a very important announcement for Paydiant, PayPal, our customers and partners, our employees, and we believe, the industry at large.
When Paydiant was founded in 2010, we had a simple idea that retailers and banks would want to be able to build mobile payments, offers and loyalty into their own apps. We knew that hundreds of startups and some of the biggest companies in the world would launch mobile wallets, but we also knew that retailers and banks would want a choice - a choice that would let them control the user experience, protect their customer’s data and preserve their own brand. We couldn’t be more grateful to the customers and partners that have shared this vision with us. READ MORE
ERT to Acquire PHT Corporation
ERT, a leading global solution provider for high-quality patient safety and efficacy endpoint data collection, and PHT Corporation (PHT), the eClinical innovator leading the adoption of patient-driven mobile apps for improved clinical research, announced today that they have signed a definitive agreement under which ERT will acquire PHT. Financial terms of the transaction were not disclosed.
The transaction combines the flexible eCOA platform and world-class customer service of PHT with the leading clinical trial technology and service offerings of ERT, creating the most innovative and comprehensive solution for patient end point collection and data analytics for global clinical trials. READ MORE
Demiurge Studios Joins SEGA Networks
Dear Friends, Peers and Players,
Today, we are thrilled to announce that Demiurge Studios is joining the team at SEGA Networks. We’re still going to be “Demiurge Studios” and we will continue to grow Marvel Puzzle Quest as well as build new original games. READ MORE from the Team at Demiurge Studios
Samsung to acquire LoopPay
Today is a great day for LoopPay and all those who have supported us over the last few years. I’m excited to let you know that LoopPay has signed an agreement to be acquired and become a wholly owned subsidiary of Samsung Electronics America, Inc.
With our earliest supporters at our side, we have been at the forefront of contactless payments to create a platform that brings together issuers, merchants and consumers that facilitate a seamless and rewarding digital wallet experience. We will continue to innovate and operate as an independent team from Boston, Massachusetts.
Thanks to our customers, staff, management team, families, partners and investors who have made LoopPay the world’s most accepted mobile payment solution which leverages existing magnetic stripe readers to receive payments from consumers’ mobile devices.
Our vision of inspiring consumers to transition from a physical wallet to a truly digital wallet will continue. I’m most excited that Samsung shares this vision and has chosen to help change how we shop and pay for goods and services. We look forward to working with Samsung to offer the world’s most secure and compelling mobile platform.
The road ahead is an exciting one, and we look forward to continuing this journey together.
Read More about LoopPay from previous coverage on VentureFizz here.
Fluent Acquires Streak Media
College Marketing Agency to Expand Reach of Popular Student News Service to Campuses Around the Country
Fluent, a Boston-based college millennial marketing and insights agency, today announced it has acquired Streak Media, the daily online newsletter of campus-based, local and global news curated and delivered to college students and alumni of selected schools nationwide. By joining forces with and tapping into Fluent's established network of over 1,000 U.S. colleges and universities, Streak Media has the potential to evolve into a major mainstream college news source that appeals to college millennial's interest in instant, and easily-digestible information that's accessible from any digital device. Terms of the deal were not disclosed.
"Just when digital media and social networks were starting to converge, Mike and his group of Boston College classmates found an ingenious way to capitalize on the value of immediate, hyperlocal information for campus audiences," said Fluent CEO Chip Rives. "Bringing this talented group of media entrepreneurs onboard is a natural fit for Fluent; it works perfectly within our mission of helping brands create useful, meaningful and lasting connections with college millennials, and that starts with understanding what the college millennial knows and cares about." READ MORE
Buildium Acquires All Property Management
Buildium Acquires All Property Management, the Leading Online Marketing Service for Property Managers.
A letter from Michael Monteiro, co-Founder and CEO of Buildium:
Today I’m excited to announce that we acquired All Property Management™, an online marketing service that connects property management companies with property owners who are looking for property management services in their area. You can read our formal press release announcing the acquisition, but I wanted to tell you why we’re so excited about it, and what it means for you as a Buildium customer. READ MORE
Learn more about Buildium on their BIZZpage.
Liaison International acquires Spectrum Edu Solutions
Liaison International, the leader in admissions management solutions, today announced that it has acquired Spectrum Edu Solutions, a leading provider of CRM and marketing solutions for higher education institutions. With the addition of Spectrum, Liaison’s offerings now span the entire lifecycle of enrollment management and student marketing and provides the most comprehensive solution on the market... READ MORE