Tuesday, 13 Nov 2018
Category: Mergers and Acquisitions

Zendesk expands into CRM with Base acquisition

Zendesk has mostly confined itself to customer service scenarios, but it seems that’s not enough anymore. If you want to truly know the customer behind the interaction, you need a customer system of record to go with the customer service component. To fill that need, Zendesk announced it was acquiring Base, a startup that has […]

Thoma Bravo buys majority stake in Apttus in unexpected ending

Apttus, a quote-to-cash vendor built on top of the Salesforce platform that looked to be heading toward an IPO in recent years has taken a different tack, instead being acquired by private equity firm Thoma Bravo today. The company did not reveal the purchase price, but said it could be ready to share more details […]

Facebook acquires Redkix to enhance communications on Workplace by Facebook

Facebook had a rough day yesterday when its stock plunged after a poor earnings report. What better way to pick yourself up and dust yourself off than to buy a little something for yourself. Today the company announced it has acquired Redkix, a startup that provides tools to communicate more effectively by combining email with […]

Box acquires Butter.ai to make search smarter

Box announced today that it has acquired Butter.ai, a startup that helps customers search for content intelligently in the cloud. The terms of the deal were not disclosed, but the Butter.AI team will be joining Box. Butter.AI was started by two ex-Evernote employees, Jack Hirsch and Adam Walz. The company was partly funded by Evernote […]

The state of the IPO market

Sandy Miller Contributor Sandy Miller is a general partner at IVP. He co-founded investment bank Thomas Weisel Partners and served as a senior partner at Montgomery Securities. More posts by this contributor The drought is over… a torrent of tech IPOs is expected in 2017 Lower The Wall, Lift The Market Sixteen months ago, I […]

Hinge sells 51 percent of shares to Match Group

Match Group, parent company of dating apps Tinder, OkCupid and Match, announced yesterday that it has acquired a 51 percent stake in Hinge. With this new acquisition, Match Group has the right to acquire all remaining shares of Hinge within a 12-month period. Match Group says its interest in Hinge began in 2017 after a […]

The largest buys of tech’s Big Five: a look at M&A deals

In startup land, the mandate is to get bought, go public or die trying. And, as far as getting bought goes, one of tech’s Big Five could be a desirable acquirer. They have a lot of weight to throw around. Alphabet (the parent company of Google), Amazon, Apple, Facebook and Microsoft account for a titanic amount of market value — close to […]

US startups off to a strong M&A run in 2018

Joanna Glasner Contributor More posts by this contributor Scaling startups are setting up secondary hubs in these cities Here is where CEOs of heavily funded startups went to school With Microsoft’s $7.5 billion acquisition of GitHub this week, we can now decisively declare a trend: 2018 is shaping up as a darn good year for […]

Workday acquires Rallyteam to fuel machine learning efforts

Sometimes you acquire a company for the assets and sometimes you do it for the talent. Today Workday announced it was buying Rallyteam, a San Francisco startup that helps companies keep talented employees by matching them with more challenging opportunities in-house. The companies did not share the purchase price or the number of Rallyteam employees […]