M&A
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Equinix completes $3.6 billion deal to buy 29 data centers from Verizon
Equinix, an international data center company based in Redwood City, California, announced today that it has completed the purchase of 29 data centers from Verizon for $3.6 billion. The acquisition greatly expands Equinix’s footprint, including giving it access to Latin America through a data center in Bogota, Colombia, along with a new presence in Houston, Texas and Culpeper, Virginia. Read More
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Collaboration software company Jive to be acquired by Aurea for $462 million
Jive, a community collaboration software company that was one of the biggest Enterprise 2.0-era success stories, going public in 2011, announced today it had agreed to be acquired by ESW Capital’s Wave Systems for $462 million. It will become part of the Aurea family of companies. Read More
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Chinese photo-sharing app Kuaishou planning U.S. IPO later this year
We’re hearing from sources that Kuaishou — a hot photo-sharing application in China — is planning to go public in the U.S. later this year. Sources tell us the app has more than 40 million daily active users against 100 million monthly active users, and was most recently valued at around $3 billion. The app is in some ways similar to Instagram, with photos (some of which… Read More
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Another Salesforce acquisition with BeyondCore enterprise analytics grab
Business analytics platform BeyondCore will be officially joining Salesforce, according to a blog post by BeyondCore CEO Arijit Sengupta. BeyondCore is an enterprise analytics tool that bolsters business intelligence with computational and statistical analysis. While Salesforce could have gone fishing and come up with a number of business intelligence companies to buy, BeyondCore was… Read More
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Acqui-hire experts Tasman acqui-hired by consulting juggernaut Ernst & Young
So you wanna buy a startup? But how do you get the deal signed and roll their team into yours? Consulting behemoth Ernst & Young wants to have the answers and rule M&A advisory services in Silicon Valley. So today it acqui-hired Tasman Consulting, Bay Area specialists in integrating acqui-hires and acquisitions into their new parent companies. Read More
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