Acquisition

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. 
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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.” 
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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 GroupHardi 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. 
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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


Continuum Acquires R1Soft

Continuum®, the industry's only channel-exclusive provider of fully integrated managed IT services solutions, has received overwhelming support from R1Soft® customers for its recent acquisition of R1Soft Server Backup Manager (SBM) from Idera. More than 2,500 cloud infrastructure providers currently use R1Soft SBM to protect more than 300,000 servers worldwide, making it one of the leading commercial backup software for web hosting providers.

“We have been an R1Soft partner for years,” said Corey Arbogast, Owner of R1Soft Licenses, an x10Hosting Website. “We not only rely 100 percent on their backup solution but also manage for hundreds of other small businesses and hosting companies. With the resources and experience at Continuum coupled with the already talented R1Soft development team, we are excited to see the evolution of R1Soft already underway. We are especially enthusiastic to welcome Continuum and look forward to their vision for the future of R1Soft.”  READ MORE

SMTP, Inc. To Acquire GraphicMail And SharpSpring

SMTP, Inc. (NASDAQ:SMTP), a global provider of email delivery services, today announced the company entered into two separate agreements for the accretive and strategic acquisitions of GraphicMail and SharpSpring, a move that will strengthen SMTP’s position as a leading integrated marketing technology and services provider focused on delivering customer success. SharpSpring is expected to close before the end of August 2014 and GraphicMail is expected to close before the end of December 2014.

  • GraphicMail is a privately held, global provider of integrated email solutions that include campaign management, email templates, analytics and advanced email editing capabilities, with over 30,000 customers and 12 international support networks.
  • SharpSpring is a privately held, cloud-based marketing automation provider offering a next-generation marketing automation solution rivaling the industry’s top platforms in terms of features, functionality and performance. READ MORE
Thinking Phone Networks Acquires Whaleback Managed Services

 

Thinking Phone Networks, the innovative leader in unified communications as a service (UCaaS), has announced its acquisition of Whaleback Managed Services. The acquisition demonstrates another move by Thinking Phone Networks to support its phenomenal market growth, which has continually exceeded the pace of the UCaaS market.

Headquartered in Portsmouth, NH, Whaleback provides managed, cloud-based services to medium-sized businesses. The company serves verticals including healthcare, financial services, real estate, specialty retail, and non-profits across the U.S. with an offering that includes enterprise-class telephony, conferencing, messaging, and contact centers.  READ MORE

Adecco Group Acquires OnForce and Merges it with Beeline

Beeline, a global leader in software solutions for managing the extended workforce, today announced that its parent company, Adecco Group, has acquired OnForce and is merging the company under Beeline's portfolio of workforce solutions, which include a vendor management system (VMS), Ellegro learning solutions (ELS) and now OnForce freelancer management system (FMS). Beeline and OnForce will deliver the first integrated solution that offers customers multiple channels for sourcing talent. Combining Beeline VMS with OnForce FMS gives customers unprecedented access to both their trusted supply chain and their network of highly skilled, carefully vetted and correctly classified independent contractors (freelancers) through one cloud-based solution.

 

Research firm Aberdeen Group estimates that almost 26 percent of the average organization's total workforce is contingent, which can include temps, consultants, independent contractors/freelancers, outsourced project resources, retirees, alumni and other nontraditional workers. Accessing and managing this "extended workforce" is often a fragmented process involving a mixture of technologies such as VMS, FMS, spreadsheets and other ad hoc tools. The new integrated offering will combine Beeline's powerful process automation and analytics for sourcing and managing talent through suppliers, with OnForce's ability to directly access and manage today's burgeoning population of freelance talent. This will provide customers with a valuable new option for simplifying operations and optimizing the management of their extended workforces. For Beeline's channel partners, it will also enable them to either add an independent contractor offering to their current services, or to manage their existing independent contractor business more effectively. READ MORE

Bullhorn Acquires The Code Works

Today, Bullhorn acquired The Code Works Inc., the makers of VMS Access – a cloud-based software product that integrates corporate procurement and vendor management systems (VMS) like SAP’s Fieldglass with CRM systems like Bullhorn. Our staffing customers were asking us for an integration between Bullhorn and popular VMS solutions used by their biggest end-user clients so that they could spend less time on data entry and more time interacting directly with their customers, and we listened to them. 

There are number of reasons that this is a fantastic acquisition for Bullhorn and our customers. First, The Code Works Inc. has developed incredible technology. The way in which The Code Works Inc. integrates...  READ MORE

Directr is Joining Google

Our small band of scrappy film lovers set out 2 years ago to help regular folks make great video. Today, we are incredibly excited to take the next step on that journey and announce that we are joining the video ads team at YouTube.

For now, everything you love about Directr is staying the same and we’ll continue to focus on helping businesses create great video quickly and easily. One immediate bonus: Directr will soon be all free, all the time. Thanks, YouTube! READ MORE

Ericsson Acquires MetraTech

Today, we announced that Ericsson plans to acquire MetraTech to accelerate its leadership in cloud and enterprise billing and settlement. In a world being made more complicated by a proliferation of online services, the Internet of Things (IoT) and a maze of evolving business relationships, service providers and enterprises alike cannot be constrained by the limitations of their software platforms. The transformation of products into services is continuing at a pace unlike anything we have seen before and the cloud and everything-as-a-service (XaaS) economy is upon us. With this environment as a backdrop, service providers need a platform that enables them to monetize increasingly complex services and partner relationships. Market share will be won based on business model innovation, not simple price changes.

Agile billing is required for businesses that are serious about creating new revenue streams, meeting customers’ needs and doing it fast and well. At MetraTech, we’ve had an agile billing platform from day one with our metadata-driven approach. It is what makes our solution flexible and responsive, as well as business-model- and industry-agnostic. We’ve helped our customers accelerate commerce by enabling them to innovate how they create, structure and manage financial relationships with their customers, partners and suppliers. Our products are used by some of the most recognizable companies around the globe in communications and media, conferencing and collaboration, transportation, travel and hospitality, financial services, cloud and software industries. What these customers all have in common is their ability to create and deliver differentiated service offerings, securely collect revenue and compensate partners the way they need to without compromise. Ericsson took note of MetraTech’s unique ability to provide this flexibility through multiple delivery models (SaaS, on-premise or managed service) to support customers’ deployment needs. READ MORE

PTC Acquires Axeda Corporation

PTC (Nasdaq: PTC) today announced it has signed a definitive agreement to acquire privately-held Axeda Corporation, a pioneer in the development of solutions to securely connect machines and sensors to the cloud, for approximately $170 million in cash. Axeda's technology innovation, extensive customer base, and powerful partnerships directly complement the PTC ThingWorx business, and will accelerate PTC's ability to deliver best-in-class solutions across the entire Internet of Things technology stack. Subject to satisfaction of customary closing conditions and certain regulatory approvals, the transaction is expected to be completed in PTC's fiscal Q4 2014...READ MORE

Teradata Acquires Hadapt ​

On July 17th, Teradata acquired assets of Hadapt, including experienced big data technologists and intellectual property...

From Hadapt, Teradata has gained an experienced engineering team with deep big data knowledge that will be leveraged to enhance and move forward the Teradata Unified Data Architecture.  READ MORE

Care.com Acquires Citrus Lane

Care.com (NYSE: CRCM), the world’s largest online destination for finding and managing family care has acquired Citrus Lane, the leading social commerce platform designed for moms. The acquisition has been completed for consideration of $22.9 million cash and $8.1 million in equity at close. The agreement also provides for up to an additional $17.6 million in earn out payments of cash and equity over the next two years subject to Citrus Lane’s achievement of certain milestones in 2015 and 2016.

Based in Mountain View, CA, Citrus Lane is the leading subscription-based social commerce service selling curated products to families on a monthly basis. The company sources and reviews every product it recommends, while also encouraging parents to share information on their favorite product discoveries... READ MORE

DraftKings Acquires DraftStreet

DraftKings, Inc., a leading provider of online and mobile daily fantasy sports, today announced it has acquired New York-based fantasy sports site DraftStreet. The deal combines the two largest US-based daily fantasy sports providers, immediately expanding DraftKings’ customer base by more than 50 percent, while providing the industry’s broadest range of daily fantasy sports offerings.  Financial terms of the deal were not disclosed.

Nearly 37 million people in the United States and Canada—nearly 1 in 8 adults and 1 in 5 males—play fantasy sports. Daily fantasy sports are a burgeoning component of this multi-billion dollar market. READ MORE