Johnson & Johnson Announces Agreement to Acquire Auris Health, Inc.
New Brunswick, NJ – 13th February 2019 – Focused on creating the next frontier of surgery, Johnson & Johnson has announced that Ethicon, Inc., has entered into a definitive agreement to acquire Auris Health, Inc. for approximately $3.4 billion in cash. Additional contingent payments of up to $2.35 billion, in the aggregate, may be payable upon reaching certain predetermined milestones. Auris Health is a privately held developer of robotic technologies, initially focused in lung cancer, with an FDA-cleared platform currently used in bronchoscopic diagnostic and therapeutic procedures. This acquisition will accelerate Johnson & Johnson’s entry into robotics with potential for growth and expansion into other interventional applications. “In this new era of health care, we’re aiming to simplify surgery, drive efficiency, reduce complications and improve outcomes for patients, ultimately making surgery safer,” said Ashley McEvoy, Executive Vice President, Worldwide Chairman, Medical Devices, Johnson & Johnson. “We believe the combination of best-in-class robotics, advanced instrumentation and unparalleled end-to-end connectivity will make a meaningful difference in patient outcomes.”
https://www.aurishealth.com/about/press/jnj-ethicon-acquisition-auris-health
Ebix Acquires India’s Leading Non-Aligned Travel Technology Provider Zillious
Johns Creek, GA – 13th February 2019 – Ebix, Inc. an international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries has announced that one of its subsidiaries in India has acquired an 80% controlling stake in India-based Zillious Solutions Private Limited. Zillious is an on-demand SaaS travel technology solution, with market leadership in the corporate travel segment in India. The Zillious Exchange processes over 8 Million travel bookings annually, which conducting Gross Merchandise value of approximately $1.4 billion per annum. Ebix is funding the transaction in cash, using its internal cash reserves. The acquisition is expected to be accretive to Ebix earnings immediately.
https://www.ebix.com/press-release/ebix-acquires-zillious
Additional Ebix News: EbixCash Completes Acquisition of 75% Shares of Weizmann Forex Limited
Johns Creek, GA – 11th February 2019 – Ebix, Inc. has also announced that its EbixCash World Money Limited subsidiary in India has completed the acquisition of 74.84% controlling stake in India based Weizmann Forex Limited. In addition, EbixCash has made a 90-day tim- bound public offer to acquire the remaining 25.16% publicly-held Weizmann Forex shares for INR 528 ($7.54) per share, in adherence to SEBI rules, or approximately $21.12 million to public shareholders. The purchase valued 100% of Weizmann Forex at $65.94 million, net of $17.51 million of cash remaining in the business. Ebix funded the entire transaction in cash, using its existing bank line and internal cash reserves. Weizmann will be tightly integrated into the EbixCash Financial Exchange offering in India and abroad.
https://www.ebix.com/press-release/ebixcash-completes-acquisition-of-weizmann-forex-limited
Ellie Mae Enters into Definitive Agreement to be Acquired by Thoma Bravo
Pleasanton, Calif. – 12th February 2019 – Ellie Mae®, a cloud-based platform provider for the mortgage finance industry, has announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, LLC, a private equity investment firm, in an all-cash transaction that values Ellie Mae at an aggregate equity value of approximately $3.7 billion. Under the terms of the agreement, all Ellie Mae shareholders will receive $99.00 in cash per share. “Since the founding of Ellie Mae more than 20 years ago, our mission has been simple – to automate everything automatable for the residential mortgage industry,” said Jonathan Corr, President and CEO of Ellie Mae. “As we enter this next phase of our digital mortgage journey, we are thrilled to provide immediate value to our shareholders. With the investment and support from Thoma Bravo, we will remain committed to our customers’ success, innovation and growth of the Encompass Digital Lending Platform while maintaining our position as a best place to work.”
https://thomabravo.com/2019/02/12/ellie-mae-enters-into-definitive-agreement-to-be-acquired-by-thoma-bravo/
mTAB® Acquires Slideworx, Amplifies Visual Analytics Capabilities
Anaheim, California – 12th February 2019 - mTAB, a global research data analysis and visualization technology company, has acquired software innovator Slideworx GmbH. Slideworx specializes in best-practice digital storytelling and integrated customer insight. Recognized for visual excellence, the Slideworx software platform helps Global 2000 companies unleash the full power of their customer and market intelligence. The company headquarters are in Cham, Switzerland, with a development center in Poznan, Poland. “We are thrilled to welcome Slideworx to the mTAB family,” said mTAB CEO Alex Gelman. “Slideworx’s industry-leading technology is simply stunning. We believe the combination of mTAB’s 30 years of expertise and Slideworx’s cutting-edge software will be a game changer in market research and enable us to better serve existing clients and rapidly expand into untapped markets.”
https://www.businesswire.com/news/home/20190212005709/en/mTAB%C2%AE-Acquires-Slideworx-Amplifies-Visual-Analytics-Capabilities
Symantec Acquires Software Defined Perimeter and Zero Trust Innovator Luminate Security to Extend the Power of Integrated Cyber Defense in the Cloud Generation
Mountain ruaryView, California – 12th Feb 2019 – Symantec Corp. a cyber security company, has announced the acquisition of Luminate Security, a privately held company with pioneering Software Defined Perimeter technology. Luminate’s Secure Access Cloud™ technology further extends the power of Symantec’s Integrated Cyber Defense Platform to users as they access workloads and applications regardless of where those workloads are deployed or what infrastructure they are accessed through. "Now and in the future, we anticipate more and more corporations will operate their business on infrastructure that is managed by multiple third parties such as Azure, AWS and Google. In this rapidly evolving world, trust in external infrastructure must be carefully considered as corporations can outsource infrastructure but must also remain responsible for data and users. Luminate incorporated into Symantec’s Integrated Cyber Defense puts us at the forefront of security in the cloud era," said Greg Clark, President and CEO, Symantec. "Secure and private access is a cornerstone of cyber defense. We are excited to partner with the Luminate team and look forward to rapid delivery of this unique capability to our customers and continuing to provide quantifiable value to their cloud journey."
https://www.symantec.com/about/newsroom/press-releases/2019/symantec_0212_01
Jobvite acquires Talemetry, RolePoint and Canvas after K1 Invests Over $200 Million
San Mateo, California – 11th February 2019 - K1 and Jobvite have announced three major acquisitions: Talemetry, the award-winning recruitment marketing company, RolePoint, the leader in employee referral and internal mobility, and Canvas, the industry’s only text-based conversational recruiting company. For the first time, this combination enables hiring teams to source, engage, hire, onboard, and retain top talent with one end-to-end platform – delivering a unified candidate experience. All three acquisitions came after K1 Investment Management announced a majority investment in Jobvite, a best-of-breed recruiting software company. Dan Finnigan, Jobvite CEO, will lead the combined company. “Our focus is to help leading companies win top talent and build the best teams with an award-winning candidate experience,” said Finnigan. “K1 provides unparalleled SaaS expertise and vast resources that, in combination with these four trailblazing companies, will offer our customers the most comprehensive solutions, knowledge, and services available in the market.”
https://www.jobvite.com/news_item/k1-invests-over-200-million-in-jobvite-to-create-market-leading-talent-acquisition-platform/
Morgan Stanley to Acquire Solium, Creating a Leading Provider of Stock Plan Administration and Workplace Wealth Solutions
New York/Calgary – 11th January 2019 - Morgan Stanley has entered into a definitive agreement to acquire Solium Capital Inc, a global provider of software-as-a-service (SaaS) for equity administration, financial reporting and compliance. With this acquisition, Morgan Stanley is positioned to be an industry leader in Workplace Wealth Solutions, bringing together a major stock plan administration platform with a leading Wealth Management business. Morgan Stanley has been building a comprehensive suite of digital tools that will support expansion within the Workplace Wealth marketplace. Morgan Stanley entered into a partnership with Solium in 2016 to administer equity compensation plans for Morgan Stanley’s corporate clients and their employees. “The acquisition provides Morgan Stanley with broader access to corporate clients and a direct channel to their employees, as well as a greater opportunity to establish and develop relationships with a younger demographic and service this population early in their wealth accumulation years,” said James Gorman, Chairman and CEO.
https://www.morganstanley.com/press-releases/morgan-stanley-to-acquire-solium--creating-a-leading-provider-of
Neopost Divests Human Inference
Paris – 11th February 2019 - Neopost has announced the divestment of Human Inference, a Data Quality software provider based in Arnhem, in the Netherlands, to EDM Media Group, a Data-driven marketing strategy provider based in Nieuwegein, in the Netherlands. Geoffrey Godet, Chief Executive Officer of Neopost, declared: "The refocusing of the Group’s operations is instrumental to deploy our resources on our four major businesses,accelerate our transformation and achieve our goals. Along with the disposal of SatoriSoftware announced on 29 January 2019, the divestment of Human Inference is a further step in the execution of our “Back to Growth” strategy.” The divestment of Human Inference comes as a result of the strategic review of Neopost portfolio of business activities that has been conducted by the Group. For EDM Media Group, the acquisition of Human Inference represents a strategic step. Human Inference is a provider of customer data quality solutions mainly for the Benelux market with about 35 employees in the Netherlands. In 2017, its sales accounted for less than 1% of the total Group sales or about 3% of Neopost Additional Operations.
https://www.neopost-group.com/sites/neopost-group.com/files/PressRelease/File/neopost_-_cession_de_human_inference_va.pdf
WeWork Deepens Technology Offering by Acquiring Spatial Analytics Leader Euclid
San Francisco – 7th February 2019 - Just six months after it spent $100 million on Teem, WeWork has acquired Euclid, a data platform that tracks people’s identities and behaviour. Terms of the deal weren’t disclosed but San Francisco-based Euclid has previously raised a total of $43.6 million in various funding rounds. Through the deal, Euclid will become completely integrated within WeWork. Its team and capabilities will now focus on accelerating the development of a workplace-insights solution. “Our goal is to help enterprises create the most efficient, effective, and engaged workplaces for their employees,” said Shiva Rajaraman, WeWork’s Chief Product Officer. “With Euclid now part of our organization, we will be able to provide enterprises with holistic insights around how their workplaces are used—ultimately, helping them to make more informed decisions to support their growth and company culture.”
https://www.wework.com/blog/posts/wework-acquires-spatial-analytics-leader-euclid
