Mergers and Acquisitions
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Amazon’s AWS buys Thinkbox Software, maker of tools for creative professionals
It looks like AWS, Amazon’s cloud computing arm, has made another acquisition to add more productivity tools for its customers beyond basic cloud-computing services. It has picked up Thinkbox Software, which develops and sells solutions for media design and content creation aimed at people in the video and wider visual media industries. Examples of services that Thinkbox already… Read More
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Cisco-AppDynamics $3.7 billion deal all about the data
When Cisco bought AppDynamics last night for $3.7 billion, it was initially a bit of a shocker, partly because of the timing, just days before the startup was scheduled to IPO. While the acquisition was clearly part of a longer term strategy by Cisco to shift focus from its hardware business to one based more on cloud software, at its core, the deal was a pure data play. Data has taken… Read More
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Oracle boosts cloud offering with Apiary API management tool acquisition
Oracle acquired API management startup Apiary today for an undisclosed amount. Apiary, which launched in 2011 and has raised a modest $8.5 million, helps companies manage APIs, which is an increasingly important job. As every company becomes a software company, they are building platforms and providing ways for customers and third-parties to build applications using their technologies.… Read More
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GE Digital snags ServiceMax for $915 million
GE Digital announced today it was buying ServiceMax, a cloud-based field service management company, for $915 million. GE Ventures had been an investor in the company as part of the $82 million Series F round in 2015. The two companies have more in common than you might think. GE is building the Predix Platform, on top of which it hopes companies will build applications that take advantage… Read More
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We are on the verge of a consumer M&A avalanche
If you believe in the mantra “innovate or die,” you might conclude that the largest consumer and retail brands are terminally ill. Giants like Kraft and Clorox all seem to be too slow and enslaved to shareholders to innovate. At the same time, they may be too large to perish… at least for now. Read More
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Broadcom acquires Brocade in $5.9 billion deal
Broadcom, Ltd bought Brocade Communications Systems today for $5.9 billion, giving the company a strong offering in networking storage business. It’s quite a nice deal for Brocade shareholders, who gain a 47 percent premium over the $8.69 closing price last Friday night (October 28th). Under the terms of the deal, Broadcom will pay $12.75 per share. It’s an all-cash $5.5… Read More
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Social media display company Tagboard acquires Capture
Tagboard announced today that it has acquired Capture, another startup in the social media and user-generated-content business. Tagboard helps marketers find and create displays for social media conversation around a brand or topic. (When I covered the company a couple of years ago, I described it as a “cross-platform hashtag aggregator,” which is both accurate and… Read More
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Honest Co. is reformulating its soaps after ingredients controversy
The consumer products startup founded by Jessica Alba, The Honest Co., on Friday told The Wall Street Journal that it plans to reformulate its dish soap, laundry detergent and other cleaners after an earlier controversy over their ingredients.
The Honest Co. markets its products as gentler, healthier and more environmentally sustainable than those of mainstream brands in the U.S.
However… Read More
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Hewlett Packard Enterprise picks up SGI for $275 million
The last decade-plus hasn’t been great for SGI. The company formerly known as Silicon Graphics declared Chapter 11 in 2009. That same year, it was sold to Rackable for a song, with that company somewhat confusingly changing its own name to SGI (short for Silicon Graphics International) during the process. Now former competitor Hewlett Packard Enterprise (which spun out from HP last year)… Read More
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How to tell if your small company needs to expand through acquisitions
The market for mergers and acquisitions, particularly in software, is red-hot: Big private-equity firms, flush with cash, did 170 software deals worth $27.22 billion in the first half of 2016 alone. But the software M&A frenzy also highlights how smaller tech companies can turbocharge their growth by pursuing highly strategic, add-on acquisitions. Read More
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