Vista Equity Partners is in the business of acquiring mostly software firms, sold Marketo, a marketing software firm to Adobe Inc for $4.75 billion in September 2018. Two years after going public, software company Apptio Inc has agreed to be acquired by private equity firm Vista Equity Partners for $1.94 billion. The all-cash deal sees…
French Finance Minister Bruno Le Maire is pushing for the deal so as to retain earnings of large tech companies who use clever strategies and tax loopholes to evade taxes. On Monday, French Finance Minister Bruno Le Maire stated, the European Union plans on introducing digital taxes for large internet firms such as Google and…
A new study shows that Malaysia is at the center of the world’s global Islamic economy even though the United Arab Emirates (UAE) is fast catching up on it. The economic gap between the two leading countries of the Islamic economic world is closing down according to the study titled “State of the Global Islamic…
Viewers and shoppers in the UK and Ireland apparently are eagerly awaiting the launch of annual Christmas advertising by retail giants John Lewis and Marks & Spencer even though Christmas campaigns have already been launched by a few retailers, including Asda, Lidl and Aldi. The two largest retailers have not disclosed details of their possible…
The partnership will extend Coronet’s expertise to millions of Dropbox users. Israeli cybersecurity firm Coronet has stated, it has entered into a partnership with Dropbox. The move brings millions of users within Coronet’s ambit of protection from possible hacker attacks. The partnership will see Coronet’s own security features merge with Dropbox’s own security settings, both…
Bank of England along with the finance ministry and the Financial Conduct Authority are slated to run a test today to gauge the resilience of the country’s financial sector against a major cyber attack. Britain’s central bank has disclosed, it will carry out a test on Friday to gauge the ability of the financial sector…
The finance commission has moved to amend the 2019 budget bill to include the sales of crypto assets which will be taxed at 30% rather than the earlier 36.2%. France’s finance commission in its lower house of parliament has backed plans to lower tax on the sales of bitcoins, thus bringing it on par with…
This new service deepens Instacart’s relationship with existing partnerships including Germany’s Aldi. Groceries delivery startup Instacart stated it is in the process of launching a new service, Instacart Pickup, across the United States; the service will enable customers to order groceries and choose either delivery or store pickup options. The nation-wide rollout of the new…
If the deal comes through, it is likely to be announced sometime in December 2018. As reported by CNBC citing sources familiar with the matter at hand, American technology company Xilinx Inc has hired Barclays to advise on its bid to acquire Mellanox Technologies Ltd. Although a deal is not expected to fruition in the…
The development comes midst efforts by China to merge two of the nation’s top wireless carriers to speed up the development of 5G mobile services. 5G will play a strategic and significant role in the coming years. On Wednesday, Finland’s mobile telecom network maker Nokia stated, it has signed a $2.3 billion (2 billion euros)…
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