WeWork Acquires Workplace Management Platform Managed by Q
3rd April 2019 - New York-based office management platform, Managed by Q, has been acquired by The We Company, formerly known as WeWork. Financial terms of the deal were not disclosed. Managed by Q will be a wholly owned but autonomous entity, with CEO, Dan Teran, joining WeWork leadership, following completion of the acquisition. Founded in 2014 by Dan Teran, Managed by Q provides companies with a single platform to manage all of their workplace tasks and services, helping companies save time and money, and create a better environment for employees. WeWork’s scale and global presence, combined with Managed by Q’s deep expertise in workplace management, will deliver an unprecedented and seamless office experience for growing companies everywhere. “We are excited for this incredible opportunity to deepen our commitment to realizing our ambitious vision of building an operating system for the built world,” says Teran. “WeWork is uniquely positioned to invest in workplace technology and services, and I look forward to partnering with their team to build more robust products for our clients and create a global platform to help companies push the bounds on our collective potential.”
https://www.wework.com/newsroom/posts/wework-acquires-workplace-management-platform-managed-by-q

Wipro Engineering Arm Acquires Incite Cam's Automation Business
Bengalaru – 3rd April 2019 - WIN Automation, the industrial automation wing of Wipro Infrastructure Engineering, has acquired Bengaluru-based Incite Cam Centre’s automation business. With this, the company said, WIN Automation would be able to address turnkey physical automation projects as well as digital factory initiatives and complete Industry 4.0 solutions, said Wipro Infrastructure Engineering in a press release. Founded in 2000, Incite Cam Centre, has executed more than 3000 diverse automation projects and has “a strong R&D, design, manufacturing and integration expertise”. The company has developed a range of products for robotic welding automation including MIG Lines, TIG Lines, Spot-Welding Solutions, Inspection Automation, Auto Gauging Systems, Vision Systems, and Assembly and Handling focussed solutions.
https://www.wipro.com/

Ascentis Acquires Integrated Time Systems, Strengthening its Best-in-Class Customer Service Model
Minneapolis – 2nd April 2019 – Ascentis, a provider of cloud-based human capital management solutions, has announced the acquisition of premier time and attendance solutions company, Integrated Time Systems. The acquisition demonstrates Ascentis’ commitment and strategic investment in growing its differentiated workforce management initiatives and advancing its exceptional end-to-end HCM solutions and services available through the family of Ascentis products. This marks the company’s third acquisition in six months. “We are excited to have the ITS team join the Ascentis family. Our acquisition strategy of joining forces with the industry’s top workforce management solutions, including NOVAtime and Cincinnati Time Systems, who share our passion and commitment for unparalleled customer service, is a key ingredient to our strategy of providing a-la-cart HR technology with the flexibility to integrate and deploy solutions and capabilities as the organization grows,” said Brian Provost, CEO of Ascentis.
https://www.ascentis.com/news/ascentis-acquires-integrated-time-systems/?utm_source=integratedtime.com&utm_medium=referral

Sonasoft Corp (SSFT) Signs Letter of Intent (LOI) to Acquire Two Artificial Intelligence (AI) Companies
San Jose, California - 2nd April 3, 2019 - Sonasoft Corp, an innovative eDiscovery and artificial intelligence (AI) solutions, has announced that it has signed a non-binding letter of intent (LOI) to acquire E-Connect Software, Inc. and OPtimAIze, Inc., along with all related interests and assets. E-Connect Software, Inc. is an artificial intelligence (AI) consulting firm that connects people, processes, and technology to deliver AI-based enterprise solutions to resolve specific challenges and build new capabilities. OPtimAIze, Inc. is an innovative artificial intelligence company that specializes in artificial intelligence for information technology operations (AIOps). OPtimAIze, Inc. has its own IP and developed an AIOps platform that helps to automate service assurance, avoid outages, and accelerate digital transformation initiatives. “More “important than adopting new technologies is learning and extending from the successes of others like E-Connect Software and OPtimAIze,’ said Frank Velasquez, CEO of Sonasoft. “Together, we will greatly enhance Sonasoft’s existing artificial intelligence solutions.
https://www.sonasoft.com/loi-to-acquire-two-artificial-intelligence-ai-companies/

Community Brands Acquires Attendee Interactive
St. Petersburg, Florida - 2nd April 2019 - Community Brands, provider of cloud-based software and payment solutions for associations, non-profits, schools and faith-based organizations, has announced that it has acquired Attendee Interactive, a Maryland-based company specializing in conference planning and event management. The acquisition adds complementary capabilities to the fast-growing Community Brands event technology portfolio. The integrated software and services offered by Attendee Interactive address the needs of conference planners and organizers. The company provides software to help manage the logistical aspects of events. “Event planners using our software are better able to address the increasing complexity and cost of live events,” shared J. Michael Tydings, President & Co-Founder of Attendee Interactive. “Easy-to-use solutions, smart integrations, and personalized support have all been at the heart of the customer success we’ve witnessed.”
https://www.communitybrands.com/company/news/community-brands-expands-event-management-capabilities-with-acquisition-of-attendee-interactive/

Media technology company Vizrt Acquires IP-based live video production software firm NewTek
2nd April 2019 - The new company combines the inventors of the Network Device Interface (NDI) protocol with the inventors of template-driven real-time graphics. The acquisition creates the largest company in the broadcast space, dedicated to enabling IT based video production. The goal is to make it possible for people to tell their story using video, whether they are a kid in a classroom or a tier-1 broadcaster. The combined companies emerge as the driving force in the transition to IP video for live production with NDI® and SMPTE 2110, with each serving different needs. The company will deliver flexible end-to-end workflows for all levels of production and software-based products and services for media, sports, entertainment, education, enterprise, and esports. In a statement, Michael Hallén, CEO of Vizrt, said: “Combining our organizations allows us to pursue our joint vision of software-based video production, leveraging the power and flexibility of computing and IT-based systems. The combined business will be very well positioned to deliver turnkey systems that give creative power to any organization that has ambitions of producing content for any output platform.”
https://www.vizrt.com/broadcasting/news-articles/vizrt-acquires-newtek

Infosys Completes Formation of Joint Venture with Hitachi, Panasonic and Pasona in Japan
Bengaluru, India and Tokyo, Japan –1st April 2019 – Infosys, a next-generation digital services and consulting organisation, has announced that it has completed the formation of a joint venture with Hitachi, Ltd., Panasonic Corporation and Pasona Inc., strategically enhancing its presence in Japan. This follows the announcement the company made on December 14, 2018. The joint venture, formed by complementary companies, will accelerate business process transformation, leveraging digital procurement platforms for the local and global needs of Japanese corporations. Infosys will bring its global expertise in procurement processes, consulting, analytics and digital technologies such as artificial intelligence (AI) and Robotic Process Automation (RPA) to the venture. Combined with Hitachi and Panasonic’s knowledge of their procurement functions and local teams, and Pasona’s human capital and BPM networks in Japan, the entity will provide differentiated, end-to-end, efficient and high value procurement capabilities to corporations.
https://www.infosys.com/newsroom/press-releases/Pages/completes-jv-digital-procurement-platforms.aspx

ABN AMRO Announces Sale of 75% of its Shares in Stater to Infosys.
Bengalaru & Amsterdam - 28th March 2019 - Stater is ABN AMRO’s administrative mortgage services provider, providing services for over 1.3 million mortgage loans to more than 30 mortgage providers in the Dutch market. Infosys is an IT and business services provider that operates worldwide and is already active as a provider of administrative mortgage services in other countries. Retaining a 25% interest in Stater, ABN AMRO will continue to be a strategic shareholder. Christian Bornfeld, member of the Executive Board of ABN AMRO, said: “While mortgages are a key product for ABN AMRO, providing administrative mortgage services is not a core activity. That’s why we are very pleased with Infosys as Stater’s new majority shareholder. ABN AMRO will keep a strategic interest of 25% and will continue to be an important client to Stater.” Erwin Dreuning, Managing Director of Stater: “We are eager to welcome Infosys as a new shareholder. As they are already active in mortgage administration services, Infosys offers specific expertise. The combined forces of ABN AMRO, Infosys and Stater ensures we have a solid basis to pursue our plans for further development of our service offering. Furthermore, it opens up opportunities for us to grow and service other clients.”
https://www.abnamro.com/en/newsroom/press-releases/2019/abn-amro-sells-majority-stake-in-stater-to-infosys.html

ON Semiconductor to Acquire Quantenna Communications
Phoenix & San Jose, California – 27th March 2019 - ON Semiconductor Corporation and Quantenna Communications, Inc. have announced that they have entered into a definitive agreement for ON Semiconductor to acquire Quantenna for $24.50 per share in an all cash transaction. The acquisition consideration represents equity value of approximately $1.07 billion and enterprise value of approximately $936 million, after accounting for Quantenna’s net cash of approximately $136 million at the end of fourth quarter of 2018. The acquisition significantly enhances ON Semiconductor’s connectivity portfolio with the addition of Quantenna’s industry leading Wi-Fi technology and software capabilities. “We are very pleased to welcome Quantenna to ON Semiconductor’s team. The acquisition of Quantenna is another step towards strengthening our presence in industrial and automotive markets. The combination of ON’s expertise in highly efficient power management and broad sales and distribution reach, and Quantenna’s industry leading Wi-Fi technologies and software expertise creates a formidable platform for addressing fast growing markets for low-power connectivity in industrial and automotive applications,” said Keith Jackson, President and Chief Executive Officer of ON Semiconductor. “I am very excited about the opportunity this acquisition creates for customers, shareholders, and employees of the two companies.”
http://ir.quantenna.com/news-releases/news-release-details/semiconductor-acquire-quantenna-communications

McDonald's Acquires Web Personalization Company Dynamic Yield
Chicago and New York and Tel Aviv, Israel – 25th March 2019 - McDonald's Corporation (MCD) and Dynamic Yield Ltd. Have announced an agreement by which McDonald's will acquire Dynamic Yield, a personalization and decision logic technology organisation. With this acquisition of New York and Tel Aviv-based Dynamic Yield, McDonald's builds on its significant technology investments for growth. Dynamic Yield’s service uses machine learning algorithms to help businesses tailor their website to match individual consumers according to behavioral patterns. McDonald's will utilize this decision technology to provide an even more personalized customer experience by varying outdoor digital Drive Thru menu displays to show food based on time of day, weather, current restaurant traffic and trending menu items. The decision technology can also instantly suggest and display additional items to a customer's order based on their current selections.  
https://www.dynamicyield.com/press/
 

By Light Acquires Cyber Security Company, Phacil, Significantly Expanding Core It Capabilities
Arlington, Va – 25th March 2019 - By Light Professional IT Services LLC has announced the acquisition of Phacil, Inc., a diversified software, cybersecurity, systems engineering and managed services provider to the US Government. Financial terms of the transaction were not disclosed. Phacil has been a trusted partner to its U.S. Government client base for nearly two decades. It delivers mission-critical IT services, including the modernization and assessment of IT systems, networks and data centers; the implementation of cloud and other managed services to support web applications, infrastructure and project management; cybersecurity threat identification, vulnerability testing and systems monitoring; and the development and implementation of cloud and other software solutions to assist with data migration, server hosting, web portals, and service desk support for the Department of Defense and civilian agencies. Bob Donahue Jr., CEO and Founder of By Light, said, “We are thrilled to acquire Phacil, which has a proven track record of excellent service and growth. Its diversified IT capabilities across a wide customer base make it an excellent fit with our company, and will allow us to expand our offering to better serve our customers.”
https://www.phacil.com/by-light-acquires-phacil-significantly-expanding-core-it-capabilities/

BlackRock to Acquire Alternatives Investment Software Provider, eFront for $1.3 Billion
New York, Paris – 22nd March 2019 – BlackRock has announced that it has made a binding offer and entered into an exclusive agreement to acquire 100% of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for $1.3 billion in cash. The combination of eFront with Aladdin, BlackRock’s investment operating platform used by more than 225 institutions around the world, will set a new standard in investment and risk management technology. eFront, which serves more than 700 clients in 48 countries, is a comprehensive technology solution for managing the alternatives investment lifecycle, from due diligence and portfolio planning to performance and risk analysis, across a range of alternative asset classes. “Technology and illiquid alternatives are two pillars of BlackRock’s growth, and this transaction provides a unique opportunity to accelerate our positioning in both,” said Laurence D. Fink, Chairman and CEO of BlackRock. “We’re particularly excited about eFront’s global footprint, including its headquarters in Paris, which is a key market on the continent for BlackRock.”
https://www.efront.com/news-press-releases/blackrock-to-acquire-efront-industry-leading-alternatives-investment-software-provider/