Autodesk Acquires Terrible Labs
As reported by Dennis Keohane and BetaBoston, Autodesk has acquired local mobile and Web app development shop Terrible Labs.
Carbonite Acquires MailStore
Today, Carbonite announced an agreement to acquire MailStore, a leader in email archiving solutions based in Germany. I wanted to take a moment to fill you in on why we’re so excited.
Carbonite has spent the last couple of years building up our suite of powerful yet simple cloud and hybrid continuity solutions for small and midsize businesses – focusing on server and workstation backup and recovery. As we moved deeper into the SMB market, we saw that many channel partners and SMBs want email archiving as part of their overall business continuity strategy. READ MORE
Datto Acquires Backupify
Backup is undergoing a revolution. What was once a simple technology, copying data from one central data source to another for backup and restore purposes, has become increasingly complex in a world where the location of your data is ever more fragmented. The world needs a new approach, and today, we are proud to announce that two market leaders, Datto and Backupify, have joined forces to accelerate the future of backup. Our joint vision is to protect the data layer of your business. No matter what data you have, or where it is located, we will make it findable, recoverable, and restorable.
Six years ago we set out to build the world’s first cloud to cloud backup. In the intervening years, we have maintained our market leadership. We have the most scalable and secure solution on the market, the largest customer base, and the most data under management. We have been the most innovative company in the space, being first to market with multi-app, first with migration functionality, and first with many of the security and administration features that enabled cloud to cloud backup to penetrate the enterprise market. Our customer rating in the Google Apps marketplace for our popular Google Apps backup product is 5 out of 5 stars. We have very high standards and so, while we have had many preliminary M&A discussions over the years, none of them ever felt right. READ MORE
Visit the Backupify BIZZpage to learn more about the Cambridge-based company.
Pencil Labs Acquired by Airbnb
As reported by Scott Kirsner of BetaBoston, Pencil Labs in Cambridge has been acquired by Airbnb. Pencil Labs which created Wyth, a scheduling app and the company was founded by Carla Pellicano and Han Shu. As reported by Scott, both co-founders have relocated to San Francisco... READ MORE
Accruent Acquires VFA, Inc.
Accruent, the leader in real estate and facilities management solutions, announced today that it has acquired Boston-based VFA, Inc. (VFA), the leading provider of end-to-end solutions for facilities capital planning and asset management.
According to the International Facility Management Association (IFMA), organizations worldwide invest more than $100 billion annually on renovating and maintaining their facilities and related assets. VFA’s cloud software solutions and consulting services enable customers to assess their real estate portfolios, allocate capital, and make better decisions to support their organizations’ mission and strategy. READ MORE
Smarterer Acquired by Pluralsight for $75 Million
Utah-based Pluralsight today announced that it has acquired Boston-based Smarterer, an innovative skills assessment company, for $75 million.
Dave Balter (CEO) and Mike Kowalchik (CTO) founded Smarterer in 2010 with the mission to allow anyone, anywhere to prove their professional skills through credible verified scores.
Smarterer helps people manage the gap between the skills they have and the skills they need. By leveraging a library of the freshest crowdsourced tests, the company’s dynamic assessment engine can quantify anyone’s skill in as few as 10 questions and 120 seconds. READ MORE
Made with Mischief Acquired by The Foundry
The Foundry, provider of award-winning creative software used globally by leading artists and designers, expanded its market reach while simultaneously bolstering the strength of its technology by acquiring Made With Mischief. Its flagship product, Mischief, a pen-based sketching application for Mac and Windows, blends sophisticated underlying technology with an elegant, clean interface. This makes it easy for creative people to explore, create and share art in a digital format on a truly infinite canvas while preserving the emotional experience of the physical. Under the terms of the private deal, Made With Mischief, founded by Sarah Frisken, will become a wholly owned subsidiary of The Foundry. The company will be headquartered in Boston, with team members located in Boston, London and Shanghai.. READ MORE
Lionbridge To Acquire CLS Communication
Lionbridge Technologies, Inc. (Nasdaq: LIOX) today announced a definitive agreement to acquire CLS Communication, a privately-held provider of translation solutions to clients in the financial services, industrial, public sector and life sciences markets. The combination of Lionbridge and CLS will address growing demand for integrated, technology-enabled translation solutions that allow organizations to create, translate and manage digital content worldwide.
Lionbridge expects to purchase CLS Communication for approximately 74 million Swiss Francs, or approximately $77 million US Dollars in cash, subject to estimated cash and debt adjustments at closing and certain post-closing adjustments. The acquisition is being funded using Lionbridge's existing cash and a new credit facility through its long-standing banking partner, HSBC, who is acting as the leading syndicator. READ MORE
Phoenix Strategy Investments Acquires PI Worldwide
PI Worldwide, a leader in workforce analytics and science-driven insights that help optimize the performance and potential of individuals, teams, and organizations, today announced that it has been acquired by Phoenix Strategy Investments. Terms of the transaction were not disclosed.
Phoenix Strategy was familiar with PI Worldwide long before the acquisition – the company's founders have used the company's Predictive Index® (PI®) system to drive employee productivity and development for nearly a decade. According to Phoenix Strategy Investments Founding Partner Mike Zani, the firm will accelerate investments in PI Worldwide's scientific research and solution suites, which have gained widespread global adoption and driven exceptional company growth in recent years. More than 2.5 million Predictive Index® assessments have been completed to date in 2014. READ MORE
Endurance International Group Acquires BuyDomains, Webzai & Arvixe For $77 Million
Endurance International Group Holdings, Inc. today reported financial results for its third quarter ended September 30, 2014 and it announced the purchase of the BuyDomains assets, a company related to web design called Webzai and web hosting company Arvixe for a total of about $77 million.
“We are pleased to report a quarter that exceeded expectations for revenue, adjusted EBITDA and unlevered free cash flow,” commented Hari Ravichandran, chief executive officer and founder of Endurance International Group. “During the quarter our paying subscribers increased by 94,000, or 12 percent over the third quarter of 2013, to more than 3.8 million total paying subscribers, and our average revenue per subscriber increased by 10 percent over the third quarter of 2013 to $14.49. We believe our results are a reflection of the effectiveness of our marketing and distribution platforms, which we expect will continue to propel our growth drivers and provide a solid basis for a sustainable, strong top line which will in turn drive healthy cash flows for the future.” READ MORE
Publicis Groupe to Acquire Sapient
Publicis Groupe (Euronext Paris: FR0000130577, CAC 40)and Sapient (NASDAQ: SAPE) today announced that they have entered into a definitive agreement under which Publicis Groupe will acquire Sapient in an all-cash transaction for $25.00 per share. The agreement has been approved unanimously by the Management and Supervisory Boards of Publicis Groupe and the Board of Directors of Sapient.
Maurice Lévy, Chairman and CEO of Publicis Groupe, said: “Sapient is a ‘crown jewel,’ a one of a kind company born in the technology space with strengths in marketing, communications, consulting and omni-channel commerce, all of which are equally important to best help clients achieve their digital transformation. It will also give Publicis Groupe access to new markets and creating new revenue streams. This acquisition fulfills many of Publicis Groupe’s objectives: we will enhance our leadership position in digital, achieve our goal of deriving 50% of our revenues from digital and technology three years ahead of our 2018 plan, and leverage technology, consulting capabilities to expand in new verticals, and offering new and exciting opportunities to our talents.” READ MORE
EMC Acquires Cloudscaling, Maginatics and Spanning
Today EMC Corporation (NYSE:EMC) announced the acquisition of three cloud technology companies: The Cloudscaling Group, Inc., Maginatics, Inc. and Spanning Cloud Apps, Inc. Each company brings to EMC deep expertise and powerful capabilities that enable EMC to extend the reach of its hybrid cloud vision across cloud infrastructure, storage and data protection. The acquisitions, together with today’s announcement of the EMC Enterprise Hybrid Cloud Solution, underscore EMC’s commitment to customers to deliver choice and agility in hybrid cloud deployments.
Businesses are demanding more than ever from IT. They want choice in devices, rapid creation and deployment of new services, and flexibility as to where applications live, how they are managed and by whom. Against this backdrop, they want to do more with less, lower their costs and have the ability to scale instantaneously. To meet these expectations IT organizations must deliver IT-as-a-Service (ITaaS) via a Well-Run Hybrid Cloud that brings together the performance, security, and control of private cloud with the flexibility and cost advantages of public cloud. READ MORE
Progress Software Announces Intent to Acquire Telerik
Progress Software Corporation (NASDAQ:PRGS) today announced that it has entered into a definitive agreement to acquire privately held Telerik AD, a leading provider of application development tools, for $262.5 million. Telerik enables its 1.4 million strong developer community to create compelling user experiences across cloud, web, mobile and desktop applications. Telerik's revenue for the last twelve months was over $60 million, with annual bookings growth of over 20%. Progress expects the addition of Telerik to be slightly accretive on a Non-GAAP basis in the first year following the acquisition.
The combination of Progress and Telerik will create a comprehensive cloud and on-premise platform offering that enables developers to rapidly create beautiful applications driven by data for any device or cloud. The combined offering will enable developers to create highly personalized user experiences, powerful applications and connections to multiple data sources without being limited by cloud or device. READ MORE
BitSight Acquires AnubisNetworks
BitSight Technologies, the standard in Security Ratings, today announced the acquisition of AnubisNetworks, a real-time data threat provider based in Porto, Portugal. The integration of AnubisNetworks extends BitSight’s position as the leading provider of information security ratings for organizations around the world. AnubisNetworks is already incorporated into the BitSight technology, and it will continue to serve as a key provider of the data that drives BitSight’s world-class ratings.
“Anyone can score a company’s information security, but it takes a powerful analytics technology like the AnubisNetworks platform to provide the quality, breadth and innovation necessary to truly rate a company’s security effectiveness,” said Shaun McConnon, CEO of BitSight Technologies. “We are delighted to be able to leverage the unique technology, cyber skills and business friendly environment that we have encountered in Portugal.” READ MORE
Digital Guardian Acquires Armor5
Digital Guardian, the only security solution to protect data from insider and outsider threats with a single agent, has acquired Armor5, a 2014 Gartner Cool Vendor in Application and Endpoint Security.
Armor5 offers the only zero touch, 100% cloud-based or on-premise solution that enables access to a company’s network, virtualizes enterprise data and applications, and provisions secure and compliant access for every end user. The Armor5 Zero Touch approach requires no installs or configuration on the device or DMZ, operates without a performance deficit and leaves no data on mobile devices. Armor5 protects enterprise data resources when accessed from any device. It was founded in 2012 by former executives from Adobe, Motorola and Yahoo and was backed by Citrix Startup Accelerator, Trinity Ventures and Nexus Venture Partners. READ MORE
Demandware Acquires CQuotient
Demandware® Inc. (NYSE: DWRE) the industry-leading provider of enterprise cloud commerce solutions, today announced that it has acquired CQuotient, a next-generation cloud personalization provider.
The acquisition of CQuotient will accelerate Demandware’s plans to turn the valuable data created across its community of leading retail brands into actionable insights that empower retailers to optimize their business and differentiate consumer shopping experiences. READ MORE
NetScout Systems to Acquire Danaher’s Communications Business
NetScout Systems, Inc. (NASDAQ: NTCT), a market leading provider of performance analytics and operational intelligence solutions, today announced that it has entered into a definitive agreement to acquire the Communications business of Danaher Corporation (NYSE: DHR), comprising Tektronix Communications, Arbor Networks, and certain parts of Fluke Networks. Under the terms of the transaction, Danaher shareholders will receive approximately 62.5 million shares of NetScout common stock, which values the transaction at $2.6 billion based on NetScout’s closing price of $41.91 on October 10, 2014. The transaction will increase NetScout’s scale and broaden its customer base in both the service provider and enterprise markets, while accelerating NetScout’s entry into the Cyber Intelligence market. On a non-GAAP basis, the combined company is expected to have revenue exceeding $1.2 billion and the transaction is expected be accretive in the first year of combined operation. The transaction is expected to close in the first half of NetScout’s fiscal year 2016.
"This combination represents another important step, and a major milestone, towards accelerating our ability to compete on a larger and more global scale in the broader IT management and Cyber Intelligence space, to fully implement our NetScout 3.0 strategy, and to maximize our potential in our total addressable market," stated Anil Singhal, co-founder, president and CEO of NetScout. READ MORE
StringCan Interactive Acquires Baked & Branded
Combined company merges marketing innovation with application technology development to answer market need; Eric Sullivan appointed president of Baked & Branded, chief technology officer of StringCan Interactive
StringCan Interactive, which makes digital complexity simple through strategic online marketing, branding and technology services, today announced that it has acquired Boston-based Baked & Branded, a technology services firm specializing in bringing startups to market. The combined company will merge creative strategy with application technology development to offer an all-inclusive solution for brands. As part of StringCan Interactive, Baked & Branded’s Chief Operating Officer Eric Sullivan will become StringCan’s chief technology officer (CTO) and president of Baked & Branded, serving clients worldwide.
Today’s connected individual expects access to brands and content 24/7, regardless of the device. Marketers need access to advanced technology alongside their marketing efforts now more than ever; the two can no longer be separate from each other. Recognizing that need, StringCan Interactive and Baked & Branded have worked together as partners for the last year on both startup and emerging company launches and large, complex projects such as the World Trade Centers Association global digital marketing and technology platform. With the acquisition of Baked & Branded, StringCan Interactive can now provide agile and flexible end-to-end technology and marketing strategy, and execution to clients looking for solutions to complex problems, all under one brand. READ MORE
EMC Acquiring Cloudscaling
EMC Corp. (EMC) has agreed to acquire cloud-computing startup Cloudscaling Group Inc., pushing to make its storage products work better with a set of free software tools.
The deal is for less than $50 million, according to people with knowledge of the situation, who asked not to be identified because the transaction isn’t public. Cloudscaling helps companies manage large numbers of computers that are linked together by OpenStack, a free open-source technology developed by companies including EMC and Oracle Corp. Cloudscaling also designs technology to make it simple to connect computers running OpenStack to so-called public clouds, operated by providers like Amazon.com Inc. and Google Inc. READ MORE
GMO GlobalSign Acquires Ubisecure
Leading Provider of Identity Services Acquires Identity and Access Management (IAM) Platform to Enable Trusted Identities for the Internet of Everything (IoE)
GMO GlobalSign (www.globalsign.com), the security division of the Tokyo-based GMO Internet Group (TSE: 9449) and a leading provider of identity services for online transactions, announced the acquisition of Helsinki-based Ubisecure Solutions, Inc., a privately-held identity and access management (IAM) software developer. The acquisition delivers essential technology and talent to propel GlobalSign’s strategic focus on identity services for the rapidly emerging, $14.4 trillion Internet of Everything (IoE) market, where the ability to make secure networked connections among people, processes, data and things, will require that every “thing” have a trusted identity. READ MORE
HCA to Purchase PatientKeeper
HCA (NYSE:HCA), which operates 164 hospitals and 114 surgery centers in 20 states and England, today announced the signing of an agreement to purchase PatientKeeper®, a leading provider of intuitive software and mobile applications that help physicians access and work with patient information.
PatientKeeper is a privately held company that provides applications for physicians that run on an innovative architecture that overlay hospital IT systems. These applications provide physicians with a set of electronic tools to automate their day in a way that saves them time and allows them to better focus on patient care. READ MORE
Millennial Media To Acquire Nexage
To accelerate its leading position in mobile advertising, Millennial Media (NYSE: MM) today announced it has signed a definitive agreement to acquire Nexage for approximately $107.5 million in cash and stock, subject to certain adjustments. Based in Boston, privately held Nexage is a leading provider of Real-Time-Bidding (RTB) technology that helps to automate the buying and selling of mobile advertising.
“We are in a very exciting time right now as we help to build, educate and advance the role of RTB and programmatic solutions to advertisers, publishers, and developers,” said Michael Barrett, President and CEO of Millennial Media. “Our vision is to create a full-stack solution that enables us to open the flow of impressions, operate a leading independent exchange, and maximize the yield for our publishers. The opportunity to integrate Nexage’s programmatic technology with our deep roots and heritage in agency relationships will uniquely position us in this fast paced ecosystem. Together, our companies will be able to offer managed services for agencies and a complete set of programmatic tools for automated buyers. We are looking forward to having the Nexage team join our family as we continue to build the next generation of mobile advertising.” READ MORE
BuySellAds Acquires LaunchBit
We are pleased to announce that we’ve acquired email advertising company, LaunchBit.
We have worked with co-founders Elizabeth and Jennifer over the last couple of years and have seen their growth first hand. In March we formally partnered with LaunchBit, allowing advertisers to extend their performance campaigns across our niche networks like Carbon Ads. READ MORE
Ubersense is Joining the Hudl Team
We founded Ubersense in 2011 with the vision of putting world-class coaching in everyone’s hands. We have made great strides towards this vision: the app has been downloaded more than 2.5 million times and coaches and athletes in over 50 sports in 150 countries use our performance analysis tools. We have been humbled by stories of success including Olympic teams relying on Ubersense to win medals, NFL teams using the app during practice and even a blind baseball team using video to prepare for a national tournament.
That said, we have a lot more to do. Today, we are thrilled to announce that we have been acquired by Hudl. Hudl is the leading provider of game breakdown and video analysis software for sports teams. Their software is used by more than 55,000 teams worldwide, including teams in the National Football League, National Basketball Association, English Premier League and over 15,000 high schools and universities. READ MORE
Stratasys to Acquire GrabCAD
Stratasys Ltd. (NASDAQ: SSYS), a leading global provider of 3D printing and additive manufacturing solutions, today announced that it has entered into a definitive agreement to acquire privately-held GrabCAD, Inc. in an all-cash transaction. Terms of the transaction were not disclosed. The transaction is expected to be completed by the end of September, subject to the fulfillment of customary closing conditions. Upon completion of the transaction, GrabCAD will operate as a unit within the Stratasys Global Products and Technology Group. Hardi Meybaum, Co-founder and Chief Executive Officer of GrabCAD, will continue to lead GrabCAD within the group.
Founded in 2010 and led by Mr. Meybaum, a visionary entrepreneur and pioneer in 3D CAD cloud collaboration tools, GrabCAD is helping engineers get products to market faster by connecting people, content and technology. GrabCAD offers GrabCAD Workbench, a cloud-based collaboration tool that enables engineers and designers to share, view and manage CAD files and other design data. GrabCAD is also home to a community of more than 1.5 million members from around the world who can access a large public CAD file library as well as connect with other engineers. READ MORE
MetTel Acquires Thrive Networks from Staples
MetTel, a leading communications solutions provider, today announced that it has reached a definitive agreement to acquire managed IT services leader, Thrive Networks, a Staples Company. For 14 years, Thrive has provided complete IT solutions for a wide range of businesses nationwide and will broaden and strengthen MetTel's managed service offering. This offering will now include network management and monitoring, virtualization solutions, data protection and a cloud service that includes email, file sharing and data back-up.
Thrive Networks is one of the top-rated outsourced IT providers in the country, ranking #44 in the recent MSPmentor 501 ranking for 2014. The 71 person team, including over 50 engineers, will continue to operate out of their network operation center in Tewksbury, MA, and the management team of Thrive, including Chief Technology Officer, Dylan O'Connor, will continue to be responsible for managing the business and delivering service excellence to their longstanding, nationwide customer base. READ MORE
Skyword Acquires Vidaao & Raises $11M in Funding
Skyword, the leading content marketing platform and services company, today announced that it has acquired Vidaao, a New York City-based video creation platform with a freelance video producer community. Terms of the acquisition were not disclosed.
The company also announced that it has closed an additional $11 million in growth financing from Cox Media Group. The investment will be used to continue to grow the organization, expand its product and service offerings, and build out the company’s partner ecosystem. .. READ MORE
LogMeIn Acquires Meldium
LogMeIn, Inc. (Nasdaq:LOGM) today announced the acquisition of San Francisco-based Meldium (incorporated as BBA, Inc.), a provider of intuitive single-sign-on (SSO), password management, and identity and access management (IAM) solutions. The acquisition immediately expands LogMeIn's popular IT portfolio with an elegant SSO offering, while introducing a natural extension of the identity, cloud app, and device management capabilities in its other IT management products. As a result, the deal is expected to build upon and accelerate LogMeIn's strategic initiative of empowering IT professionals to embrace, manage, and secure today's cloud-centric, consumerized, workplace.
Meldium, a venture-backed startup and Y Combinator alum, is focused on helping companies manage access to the rapidly growing number of cloud apps used in the workplace, specifically addressing the security risks that often arise from employees' poor password practices. The company offers a simple, secure way for teams and entire companies to manage passwords and accounts for popular business and personal cloud applications – apps that are most often introduced by individual employees or line-of-business workers. The company's namesake SSO product offers seamless access to nearly 1500 of today's most popular apps, including the likes of Dropbox, Google Apps, Hubspot, WordPress, Zendesk, Salesforce, Asana, Trello, Evernote, JIRA, and Rackspace. READ MORE
Acronis acquires BackupAgent
Acronis, the global leader in new generation data protection, announces the acquisition of BackupAgent, the pioneering company in cloud backup.
One of the elements of Acronis’s cloud strategy is to enable managed service providers, hosting companies and telecom operators to deliver complete data protection services to their customers, storing data in providers’ or customers’ datacenters, or in a public cloud. BackupAgent, founded in 2005 and once named by Deloitte as one of the fastest growing technology companies, brings on board years of cloud backup expertise, an existing network of hundreds of active partners and over 50 thousand customers across the world. READ MORE
ZYNC Render Acquired By Google
Today we are announcing that Zync Render, the visual effects cloud rendering technology behind Star Trek Into Darkness and Looper, is joining the Google Cloud Platform team.
Creating amazing special effects requires a skilled team of visual artists and designers, backed by a highly powerful infrastructure to render scenes. Many studios, however, don’t have the resources or desire to create an in-house rendering farm, or they need to burst past their existing capacity. READ MORE