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…
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…
Given the similarities of Marketo’s business with Adobe’s cloud-based business, the cost synergies in the deal hit a sweet spot. Adobe Systems has agreed to acquire Marketo Inc from Vista Equity Partners Management, a private equity firm, for $4.75 billion. The acquisition will boost its cloud-based digital marketing business. Adobe is sharpening its focus on…
The strategic acquisition has multiple sweet spots: not only it places Wal-Mart on a better footing in its competition with its peer – Amazon.com Inc, it will also provide Wal-Mart crucial learning experience which it can use in other markets. In a move that will enable Walmart Inc to increase its footprint in Chile and…
For Adobe the acquisition makes sense since Marketo’s expertise lies in its business-to-business marketing applications which would compliment its own. According to sources familiar with the matter at hand, Adobe Systems Inc is in negotiations to acquire privately held cloud-based marketing software company Marketo Inc. The deal will boost Adobe’s cloud offerings and improve its…
The deal, which completed last week, has resulted in the creation of a new company – Interstellar. Interstellar’s product portfolio is set to include StellarX, a recently announced marketplace for trading assets on Stellar. On Monday, according to a statement by Lightyear Corp’s Chief Executive Officer Adam Ludwin, it had acquired San Francisco-based tech start-up…
The deal is yet to be finalized since it has yet to get clearance from Linxens’s union, and regulatory approval from France and Germany. According to 5 sources with direct knowledge of the matter at hand, Tsinghua Unigroup Ltd, China top state-controlled chip manufacturer has signed a deal with Linxens, a French smart chip components…
Although these negotiations are only exploratory in nature, according to sources, they are a pointer to Uber’s intention of expanding its market to the Middle-East. As per a Bloomberg report which cites 3 sources familiar with the matter at hand, Uber Technologies is in preliminary talks with its Middle Eastern ride-hailing services rival, Careem to…
Much of the U.S. government’s stance can be traced back to a report prepared by the U.S. Department of Defense, which warns of Chinese venture investors accessing “the crown jewels of U.S. innovation.” Although the U.S. Administration is pushing to protects national security interests by blocking Chinese investments in the field of artificial intelligence, machine…
Qualcomm is set to use NXP’s assets to diversify its business. According to a South China Monitoring Post report, China’s regulators have approved U.S. chipmaker Qualcomm Inc’s $44 billion merger deal with NXP Semiconductors. According to sources familiar with the matter at hand, the decision by China’s Ministry of Commerce clears a multi-months roadblock which…
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