Mergers and Acquisitions
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Check Point Snags Israeli Mobile Security Company Lacoon
Check Point Software Technologies announced it has purchased Lacoon Mobile Security today. Reports surfaced last month that the company was in talks to buy the Israeli company for $80M. No official price was given, but the deal is expected to close today. The move gives Check Point a mobile security piece that’s a bit different from the traditional mobile device management you see… Read More
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Three 20-Somethings Sell College Project To Docker
It’s been quite a whirlwind journey for the three founders of Kitematic, a tool that helps dramatically speed up Docker installs. Less than two years ago they were college students working out of their apartment near the University of Waterloo when they came up with the idea that would become Kitematic.
Today, those three founders — Jeff Morgan, Michael Chiang and Sean… Read More
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IBM Watson Group Buys AlchemyAPI To Enhance Machine Learning Capabilities
IBM Watson, the artificial intelligence platform made famous by beating the three best Jeopardy! champions ever several years ago, bought Denver-based AlchemyAPI today. It did not reveal the purchase price. The acquisition gives Watson a key piece of machine learning technology. The deal also gives it access to community of over 40,000 AlchemyAPI developers, who are building cognitive… Read More
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Message Systems Buys Rival Port25 Solutions To Create Email Infrastructure Giant
In a marriage of two email infrastructure rivals, Message Systems bought Port25 Solutions today for an undisclosed mix of stock and cash. With it, they have created a company that covers every email infrastructure need from small business all the way to mega messaging clients like social networks. Message Systems CEO Phillip Merrick, says the acquisition gives his company unmatched coverage.… Read More
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DataStax Grabs Aurelius In Graph Database Acqui-Hire
DataStax scored a $106M funding pay day last September, and today it announced it was using some of that money to acquire open source graph database company, Aurelius, along with its engineering talent.
No terms were disclosed, but all eight Aurelius engineers will be joining DataStax immediately. The new team will begin working on what they are calling “a massively scalable graph… Read More
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Dropbox CloudOn Purchase Another Move In Evolving Enterprise Strategy
When Dropbox announced earlier today it had bought CloudOn, a tool for editing Microsoft Office documents on your iPad, it represented another step in Dropbox’s attempt to become more friendly to the enterprise. Dropbox announced a partnership with Microsoft last November to embed Dropbox into Microsoft Office, and chances are this purchase is an extension of that, while fitting in with… Read More
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Demandware Snags Point Of Sale Provider Tomax To Extend Reach From Web To Store
Demandware announced today that it bought Tomax, a cloud-based point of sale company for approximately $75M in cash and incentives.
According to Demandware CEO Tom Ebling, the acquisition extends Demandware’s reach from eCommerce websites to the brick-and-mortar storefront. Ebling said that they were attracted to Tomax for several reasons.
First of all, like Demandware, they are… Read More
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Oracle Continues March To Cloud Buying Data As A Service Broker Datalogix
Oracle added another piece to its growing cloud portfolio today, buying digital-marketing, Data as a Service broker Datalogix. The move not only gives Oracle another cloud tool, it’s one that’s aimed directly at marketers, an area where Oracle is fighting hard with rival Salesforce.com and others for dominance. The announcement did not include terms. Datalogix gives Oracle… Read More
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Rumor: Ektron Deal Could Include Merger With European CMS Vendor EpiServer [Update]
As though the Ektron story we have been following over the last week hasn’t been convoluted enough, we started hearing rumors yesterday that the deal actually includes another component. The company could be merging with Stockholm-based Web-content management vendor EpiServer as part of the deal. The story, if it turns out to be accurate, underscores some of the problems that… Read More
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Rumor: Web Content Management Firm Ektron Sold To Private Equity Company
A source told TechCrunch this week that Ektron, a web content management firm based in Nashua, NH has been sold to an unnamed private equity firm for around $48M plus taking on $50M in debt. The source said the actual cash exchanged in the deal would only be in the $30M range, which is pretty low for an established enterprise software company. It’s worth noting that the company has… Read More
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