GetSwift Announces Two Strategic Acquisitions in North America
New York – 21st February 2019 - GetSwift Limited, a provider of SaaS logistics technology, has announced the signing of a definitive agreement for the acquisition of the North American delivery management platform, Delivery BIZ Pro, and the acquisition of popular workforce scheduling provider, Scheduling+. Delivery BIZ Pro (“DBP”) is a privately held SaaS company, based in the United States, offering a subscription-based cloud service for businesses with recurring product orders, particularly within the produce, meal kit, dairy, farm-to-table, water, home and commercial delivery sectors. DBP’s platform brings together four key components that allow recurring delivery industry sectors to employ the best methodology for their logistics fulfillment. Scheduling+ (“SP”) is the flagship product of a privately held SaaS company based in the United States - Web Software, LLC. It combines staff scheduling, task management, time and attendance recordkeeping, and payroll, into one easy to use subscription-based cloud solution, allowing businesses of all sizes to reduce the amount of time spent on employee management. https://www.asx.com.au/asxpdf/20190220/pdf/442rwj9ykwqmjh.pdf
Qlik to Acquire Attunity to Expand Enterprise Data Management and Enable Real-time Analytics
Philadelphia, PA and Burlington, MA – 21st February 2019 – Qlik®, a data analytics company, and Attunity Ltd, a provider of data integration and big data management software solutions, have announced that the two companies signed a definitive agreement under which Qlik will acquire Attunity. Under the terms of the agreement, Qlik will acquire all outstanding ordinary shares of Attunity for a total value of approximately $560 million. Building on Qlik’s recent acquisition of Podium Data and the introduction of Qlik Data Catalyst, Attunity provides cross-platform data streaming capabilities to support a shift to cloud and real-time analytics. This acquisition further differentiates Qlik by providing an expanded breadth of enterprise data management capabilities and adds an experienced team of data professionals. “Attunity’s strength in real-time data delivery across complex cloud environments will uniquely position Qlik to help customers lead with data and align their enterprise analytics strategy,“ said Mike Capone, Qlik CEO. “Attunity has demonstrated strong growth in a large market and together we’re better positioned to serve our enterprise customers along with our partner ecosystem to solve the most challenging data problems.” https://www.attunity.com/company/press-releases/qlik-to-acquire-attunity-to-expand-enterprise-data-management-and-enable-real-time-analytics/
Corcentric Makes 2 Acquisitions and Moves to New HQ
Cherry Hill, New Jersey – 20th February 2019 – New Jersey-based Corcentric, provider of financial process automation and procure-to-pay (P2P) solutions, has announced that it has signed a definitive agreement to purchase Determine, Inc, the Indiana-based provider of contract management and source-to-settle solutions for the cloud. The deal is worth approximately $32 million. Executives from both companies describe the synergies between the two companies, explaining there will be new revenue growth opportunities as well as the opportunity to up-sell the expanded customer base with additional features and applications. This latest acquisition is in addition, to Corcentric’s expansion, a week previously, into the global e-billing market as a SaaS provider. With its purchase of London-headquartered Netsend, a company which provides electronic billing, invoicing and document distribution services to the FTSE 100 and global blue-chip companies in over 50 different countries, this acquisition affords Corcentric access to a new customer base spanning industries such as financial, technology, media, pharmaceutical, retail, energy, and manufacturing.
https://www.corcentric.com/news-events/archive/?type=news
Clearlake Capital-Backed symplr to Acquire API Healthcare
Houston, Texas – 20th February 2019 - symplr, a healthcare governance, risk and compliance (GRC) software-as-a-service (SaaS) platform, backed by Clearlake Capital Group, L.P, has announced that it has signed a definitive agreement to acquire API Healthcare, a provider of healthcare human capital management (HCM) software solutions, from Veritas Capital. Financial terms were not disclosed. The combination of symplr and API will deliver the healthcare industry’s only fully integrated GRC and HCM SaaS platform of scale, offering an end-to-end solution encompassing provider data management, credentialing and workforce management, addressing the full spectrum of labor regulatory requirements while also improving patient outcomes and quality of service. “This is a transformational acquisition that further expands our healthcare software footprint and broadens our SaaS offerings by strengthening symplr’s existing GRC platform and adding new workforce management capabilities,” said Rick Pleczko, CEO, and Tres Thompson, COO & CFO, of symplr. “Together with API, symplr will continue to pursue the mission of providing software solutions that help healthcare organizations meet regulatory compliance requirements and increase operational efficiency.”
https://www.symplr.com/community/press/clearlake-capital-backed-symplr-to-acquire-api-healthcare
GTY Completes Six Acquisitions
Las Vegas – 21st February 2019 - GTY Holdings has completed the acquisitions of six state and local government focused, SaaS and cloud technology companies. Having closed the acquisitions, GTY Technology Holdings will now merge their capabilities to assist state and local governments with their digital transformation. The six companies include Bonfire, a developer of strategic sourcing and procurement technology to support vendor life cycles; CityBase, which provides digital interactivity with utilities and government agencies; eCivis, which helps government agencies apply for and manage grants and budgets; Open Counter, which offers user-friendly technology for permits and licensing; Questica, which develops budget preparation and management software; and finally, Sherpa, a provider of public sector budgeting software and consulting services. The six companies combined provide cutting-edge government-focused technology for SaaS and cloud applications. GTY is anticipating over 100% growth over the next year.
https://www.gtytechnology.com/
Google Announces Intent to Acquire Alooma to Simplify Cloud Migration
Palo Alto, California – 19th February 2019 - Google has announced plans to acquire Israeli cloud migration start-up AloomaTerms of the deal were not revealed, though sources estimate the price at around $150 million. In a blog post, Google executives, Amit Ganesh and Dominic Preuss, said: “The addition of Alooma … is a natural fit that allows us to offer customers a streamlined, automated migration experience to Google Cloud, and give them access to our full range of database services..” Alooma was formed in 2013 by Yoni Broyde, Yair Weinberger and Rami Amar and reporting funding of $15 million in 2016 from Sequoia Capital and Lightspeed Venture Partners. They are believed to have raised another $5 million from Israel’s Vintage Venture Partners. The start-up is known for its solution that lets enterprises automate data ingestion pipelines into the cloud, as well as for its cloud migration and data cleansing services. In their blog, Alooma founders, Yoni and Yair, said: “Joining Google Cloud will bring us one step closer to delivering a full self-service database migration experience bolstered by the power of their cloud technology, including analytics, security, AI, and machine learning.”
https://cloud.google.com/blog/topics/inside-google-cloud/google-announces-intent-to-acquire-alooma-to-simplify-cloud-migration
Asolvi acquires UK service management software provider, Vantage Computing
Trondheim, Norway – 12th February 2019 - Asolvi, a European provider of service management software for small and medium-sized enterprises in the European field service industry, has announced the acquisition of Vantage Computing, a trusted developer of service management solutions. The acquisition - Asolvi’s fourth in three years, with three of its purchased companies being UK in origin - means that together the companies will have more than 1,000 customers across 35+ countries. “The acquisition of Vantage Computing was a natural move for us,” comments Pål M. Rødseth, CEO of Asolvi. “Previously a competitor of Purpose Software, which we acquired last month, Vantage Computing complements our Evatic solution as it will help reach more customers that are smaller in size. We are very excited to work with Tony Milford and his team and are looking
forward to drawing on the strength of the Asolvi family to utilize Vantage Computing to its full
potential. Tony and I believe that both companies will be stronger together and that we’ll be able
to generate efficient and seamless services for a large section of the industry.”
https://asolvi.com/press/pressrelease-feb.pdf
Doxim Acquires Market Connections, A Customer Communications And Omnichannel Campaign Management Technology Provider
Washington DC - 12th February 2019 - Acquisition Expands Doxim’s Reach in the Wealth Management and Financial Services Space and Enriches Capabilities of the Doxim Customer Engagement Platform. Doxim, a customer communications and engagement technology provider serving financial and regulated markets, acquires Market Connections, Inc. (MCI), a customer communications and campaign management technology provider to wealth management and other financial services organizations. With this acquisition, Doxim expands its footprint in the wealth management space, welcoming several industry’s top organizations as its valued clients and onboarding MCI’s team, who have decades of expertise in serving the complex communications needs of the mutual fund dealers, brokerages, and other financial institutions. MCI is a trusted provider of business-critical communications processing and delivery for a wide range of top tier financial institutions, including Fortune 500 organizations. Over its 25-year history of innovation and excellent client service, MCI has developed a broad range of solutions for its clients, including the multichannel delivery of high-volume documents such as statements, confirms, tax and other documents, as well as personalized engagement products and subscription-based marketing communications offerings in digital and print formats.
https://www.doxim.com/news/doxim-acquires-market-connections-a-customer-communications-and-omnichannel-campaign-management-technology-provider/
Symantec Acquires Luminate Security
Mountain View, California – 12th February 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 Defence 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
