LexisNexis® Risk Solutions and Accuity Merge Operations to Create One of the Largest Global Providers of Financial Crime Compliance Solutions
17th February 2021 - Accuity and LexisNexis Risk Solutions have announced they are merging operations. Both businesses are RELX companies and leaders in their respective focus areas in the global financial crime compliance sector with complementary solutions. Accuity will become part of LexisNexis Risk Solutions group of companies (the LexisNexis Risk Solutions Group). The companies operate in more than 100 countries. LexisNexis Risk Solutions is the trusted data analytics provider for organizations seeking actionable insights to manage risks and improve results, delivering targeted solutions that empower well-informed decisions while upholding the highest standards for security and privacy. Accuity powers compliant and assured client transactions to help build an interconnected and trusted financial ecosystem through financial crime screening, global payment services and financial asset verification and fraud prevention solutions for government benefit programs. Aite Group senior analyst Colin Whitmore, stated, “In today’s evolving world of financial crime and risk, there is a growing industry-wide requirement for compliance, risk and payments solutions that seamlessly use and integrate with comprehensive, trusted and in-depth data sets. The combined offerings of Accuity and LexisNexis Risk Solutions financial crime compliance and risk offerings promise to meet this growing need.”
MRI Software Enters Agreement to Acquire Manhattan Real Estate and Workplace Solutions from Trimble
Solon, Ohio – 17th February 2021 – Real estate software company, MRI Software, has announced that it has entered into an agreement to acquire Manhattan, the real estate and workplace solutions division of Trimble, based in Sunnyvale, California. The acquisition will extend the range of MRI’s occupier solutions, providing a broader scope of offerings for commercial property owners, operators and tenants worldwide. The transaction is subject to a number of closing conditions and is expected to close in the first half of 2021. “The world of work has changed fundamentally over the past year, and companies require innovative solutions that enable flexibility for their workplaces and leases,” says Patrick Ghilani, Chief Executive Officer of MRI Software. “The acquisition of Manhattan will bring a well-respected industry leader with a strong heritage into the MRI fold, and our combined workplace management capabilities uniquely position us to serve the needs of owners, operators and tenants across the real estate spectrum.”
Sinch Acquires Inteliquent - Establishes Leadership in US Voice Communications
Stockholm, Sweden - 17th February 2021 - Sinch AB, a cloud company specialising in communications for mobile customer engagement, has entered into a definitive agreement to acquire Inteliquent, the largest independent voice communications provider in the United States, for a total cash consideration of USD 1,140 million on a cash and debt-free basis. The acquisition establishes Sinch as the leader in voice connectivity for both enterprises and telecom carriers in the US. The favorable unit economics of a fully owned network allows Sinch to maintain its commitment to profitable growth whilst investing forcefully in innovation and go to market capabilities. Oscar Werner, Sinch CEO, commented: “Becoming a leader in the US voice market is key to establish Sinch as the leading global cloud communications platform. Inteliquent serves the largest and most demanding voice customers in America with superior quality backed by a fully-owned network across the entire US. Our joint strengths in voice and messaging provide a unique position to grow our business and power a superior customer experience for our customers.”
Palo Alto Networks Announces Intent to Acquire Bridgecrew for $156 Million
Santa Clara, California – 16th February 2021 - Global cybersecurity company, Palo Alto Networks, has announced that it has entered into a definitive agreement to acquire Bridgecrew, a developer-first cloud security company. The proposed acquisition will enable “shift left” security, with Prisma® Cloud becoming the first cloud security platform to deliver security across the full application lifecycle. With the addition of Bridgecrew, Palo Alto Networks will be the first to deliver security across the full application lifecycle. Once integrated, Prisma Cloud customers will benefit from a single platform that will deliver cloud security from build time to runtime, seamlessly connecting security and DevOps teams. This again highlights the need for a comprehensive approach to cloud security that simply can’t be achieved with point products. Chairman and CEO of Palo Alto Networks, Nikesh Arora, commented: "Shift left security is a must-have in any cloud security platform. Developers don’t want to wait until runtime to find out their security is not working, and the CISO charged with protecting the entire organization certainly values higher security from fixing issues earlier in the development lifecycle."
Publicis Groupe UK Acquires Octopus Group, Supercharges B2B Offering
London, UK - 16th February 2021 - Publicis Groupe UK has announced the acquisition of B2B marketing specialist agency, Octopus Group. Octopus Group will join Publicis Groupe UK’s existing B2B specialists to bring strategic, creative and commercial acumen and experience to clients and B2B brands. From commerce and communications to supply chains and distribution, the B2B market is experiencing a massive transformation as a result of the pandemic. Clients traditionally operating in a B2C space are increasingly looking at alternative ways of protecting revenue and reaching new audiences. This trend, combined with a massive spike in demand for online sales, means brands are looking for more creative and innovative approaches and partners to connect the dots across their entire sales funnel, reach new audiences, build stronger ecommerce functionality and access the tools and technology to grow and protect their brands online. Magnus Djaba, CEO of the creative practice, Publicis Groupe UK, commented: “The disruption caused by the pandemic means some B2C brands are increasingly adopting a B2B2C approach. Brands are also facing a time of huge technological transformation and disruption, and one of the things that attracted us to Octopus Group, is their technology background. We need to understand all the challenges our clients face, from marketing to distribution to commerce to product innovation, to deliver the right creativity at every point in their sales funnel.”
Corcentric Acquires B2B Payments Provider Vendorin for $100 Million
Cherry Hill, NJ – 16th February 2021 – Corcentric, a provider of business spend management and revenue management software and services, has announced the acquisition of Vendorin from Juvo Technologies for a purchase price of $100 million. Other financial terms were not disclosed, and the acquisition was financed with cash on hand following Bregal Sagemount’s investment in May 2020. Based out of Hattiesburg, MS, Vendorin is a high growth B2B integrated payments network that makes it easy for buyers to enroll and pay their suppliers via any payment method. Leveraging its proprietary “Inroll” technology, Vendorin has been able to enroll a far larger percent of suppliers than banks or traditional virtual card providers, providing its blue-chip customers with substantially higher revenue, reduced costs, and stronger relationships with suppliers.
Calligo Acquires Decisive Datato Enhance Data Insights Services
Redmond, Washington - 17th February 2021 - Calligo has announced it will acquire Decisive Data, the provider of data analytics, data science and visualization. This is Calligo’s 10th acquisition since it launched in 2012. Furthermore, it’s the company’s fifth during the COVID-19 pandemic. The acquisition will extend Calligo’s US market presence and will increase its data insights capabilities as an MSP. At deal conclusion, Decisive Data and its existing data insights team, will be integrated into Calligo. Calligo founder and CEO, Julian Box, commented: “This acquisition is entirely in line with our pre-planned growth strategy,” he said. “The goal of this specific acquisition is to propel and broaden our pre-existing data science capabilities. We are purposefully strengthening our ability to deliver innovative, high-demand and high-value managed services beyond the traditional MSP maintain-and-secure model.” Terms of the deal were not revealed.
SAP Acquires No-Code Development Pioneer AppGyver
Helsinki, Finland – 11th February 2021 - SAP SE has announced that it has acquired AppGyver Oy, a pioneer in no-code development platforms that enable users with no coding skills to build applications for Web and mobile uses. With the acquisition, SAP is better able to help customers and partners adapt their IT systems efficiently to their specific needs and optimize the usability of their applications. AppGyver’s solutions will become part of SAP Business Technology Platform and will broaden SAP’s offering in the area of business process intelligence. Michael Weingartner, President, SAP Business Technology Platform Core, SAP, said: “AppGyver helps us expand our no-code capabilities and establish a comprehensive offering in this area. Going forward, we can deliver a full range of simple and integrated application development tools that allow customers, partners and our own teams to enhance process automation and further improve the experience for users of SAP applications. By adding AppGyver’s solutions to our own no-code capabilities, we facilitate the creation of workflows, forms, robotic process automation and lightweight case management.”
MedPilot Acquired by Vytalize Health
New Jersey - 17th February 2021 - MedPilot has announced it has been acquired by New Jersey-based Vytalize Health. The company combines a Medicare ACO, a virtual doctor's office and a digital health platform to serve its network of doctors. As part of the acquisition, MedPilot’s 35 employees will move to Vytalize Health and MedPilot’s three founders will join the Vytalize leadership team. Vytalize plans to continue MedPilot's growth trajectory in Cleveland. A joint press release from the companies said the deal will enable Vytalize to "provide a powerful last mile patient loyalty solution to its growing Medicare population." Vytalize was originally a MedPilot customer and from summer 2020, the two companies began researching ways to work together to their mutual benefit. CEO of Vytalize, F aris Ghawi, said in a statement: “As we grew our ACO and began improving our infrastructure for Medicare's direct contracting program, our vertically integrated care system needed a solution for last mile patient loyalty. We couldn't have asked for better technology and a better team to meet this need. It has been a pleasure to work together and we are excited to use this platform to deliver many more solutions to enhance patient experience and health outcomes to improve lowering health costs."
UAE-headquartered Gibraltar Technologies Acquires Part of Indian Multinational HCL Group
Dubai, UAE – 16th February 2021 - Gibraltar Technologies (GT), an AI-based digital solutions company with offices in the Middle East, has announced its acquisition of HCL Infotech, part of the US $10 billion IT giant HCL Group. HCL Infosystems Ltd is India's premier information enabler, ICT system integrator and distribution company. Along with its partners, GT have signed the share purchase agreement to acquire the company at its enterprise value of 74.6 million dirhams (USD 20.3 Million). According to the signed agreement, GT along with its partners will acquire the assets, employees and customer contracts managed by HCL Infotech. Their 800+ employees manages prestigious projects, including the world's largest biometric system and India's largest Internet backbone network. Combining GT's 20-year experience, servicing large government organizations in the Middle East with the organisational capabilities of HCL Infotech, GT hopes to strengthen and expand its service offerings.
Tyler Technologies to Acquire NIC in $2.3 Billion All-Cash Transaction
PLANO, Texas & OLATHE, Kansas - 10th February 2021 - Tyler Technologies, Inc. and NIC Inc. have jointly announced that they have entered into a definitive agreement under which Tyler will acquire all outstanding shares of NIC in an all-cash transaction valued at approximately $2.3 billion. Lynn Moore, Tyler’s president and chief executive officer, said: “The pandemic has accelerated the shift by governments to online services and electronic payments as more citizens and businesses are interacting digitally with government. NIC is uniquely positioned with its deep expertise and robust digital solutions to partner with us in making government more efficient and more accessible to citizens. Our companies share a vision for thriving, connected communities, and our cultures are extremely compatible. The combination will provide extensive benefits for the clients, employees, and shareholders of both companies.”
Digital Air Strike Makes Two Acquisitions to Extend Reach in Automotive Advertising
Scottsdale, Arizona – 11th February 2021 – Marketing technology company, Digital Air Strike, has finalized two acquisitions in a move that will round out its service offering for its customers in the automotive space. The first company acquired is LotVantage, a software company that helps dealers list auto, RV and marine inventory on websites such as Craigslist, eBay and Facebook. The second acquisition is of BestRide.com, an online car marketplace previously owned by Gannett Co. Inc., the media company that owns the Arizona Republic and USA Today. The two acquisitions complement Digital Air Strike’s existing services, which include social media marketing, mobile apps, AI text messaging and other tools to manage consumer interactions. The company primarily works with auto manufacturers and dealerships to target potential end-consumers and increase sales. Digital Air Strike’s co-founder and CEO, Alexi Venneri, explained that the acquisitions will exhance the company’s ability to send tailored messages to people wherever they are. Digital Air Strike has now participated in six mergers and acquisitions since the company launched in 2010.
Zillow Group to Acquire Online Scheduling Platform ShowingTime for $500 Million
Seattle – 10th February 2021 - Zillow Group has entered into a definitive agreement to acquire ShowingTime.com, Inc., an online scheduling platform for home viewings, for $500 million. Touring is one of the most important steps in the home shopping and selling journey, and ShowingTime’s technology has streamlined and dramatically improved the touring experience. They are an industry leader, and Zillow Group will continue to invest in ShowingTime and increase its engagement among agents and partners. “We have been impressed with ShowingTime’s ability to simplify a cumbersome but critical part of the home shopping experience by integrating with MLSs, agents and brokers, and giving buyers’ agents an easier way to schedule showings with listing agents,” said Errol Samuelson, Chief Industry Development Officer at Zillow Group. “ShowingTime will remain an open platform available to all industry participants, and we expect to grow ShowingTime’s engagement through all channels to ensure touring is easier for the industry and consumers.”
Orion Signs Agreement to Acquire Romania-based Tellence Technologies
Edison, NJ – 8th February 2021 - Orion Innovation, a digital transformation and product development services firm, and Tellence Technologies, a privately-held technology services company headquartered in Bucharest, Romania, have entered into a definitive agreement under which Orion will acquire Tellence. With this acquisition, Orion is strengthening its European presence by establishing an R&D operation in Romania, with associates across Bucharest and other major cities, as well as Tel Aviv, Israel. It will also expand its strength in both Telecommunications and Cyber Security. The Bucharest site will host more than 300 engineers, primarily focusing on Digital Product Development services for several global clients. The Romanian operation is expected to continue its rapid expansion, growing to over 1,000 engineers in the coming years.
WPVIP Acquires Parse.ly To Augment Content Analytics For Enterprise Businesses
New York – 8th February 2021 - Provider of enterprise WordPress and part of Automattic's suite of innovative brands, WPVIP, announces the acquisition of Parse.ly, a top content analytics solution. Together, WPVIP and Parse.ly will offer an unparalleled enterprise content management, commerce and analytics platform - with best-in-class content creation agility and the insights to understand the impact of those digital experiences. The acquisition of Parse.ly augments WPVIP's content and analytics solutions, by incorporating Parse.ly's capabilities for real-time content analytics and its personalized recommendation engine. Together, WPVIP and Parse.ly will lead a powerful enterprise ecosystem for an array of global brands including Salesforce, NBA, Condé Nast, Facebook, and Microsoft. Nick Gernert, CEO of WPVIP, will lead the combined organizations of WPVIP and Parse.ly. Gernert commented on the deal: "Parse.ly has a remarkable team and product, as well as expertise serving an increasing number of content teams driving business growth. We're excited to leverage Parse.ly's analytics technology to make our agile content platform even more powerful for marketers. This is great news for our customers, who will have the opportunity to add deeper intelligence across content performance, conversions, and business impact."
AdaCore Broadens its Cybersecurity Capabilities with the Acquisition of Componolit GmbH
Dresden, Germany - 1st February 2021 - AdaCore, a trusted provider of software development and verification tools, has announce its acquisition of Componolit GmbH. The acquisition of Componolit will provide AdaCore with a further foothold to expand its growing market share in Germany where the requirement for high-assurance software is increasing rapidly. New engineering staff will bring extensive, complementary expertise and experience in cybersecurity and formal methods. Componolit GmbH provides software components and formal verification tools for trusted systems to high security, mobile security, and industrial IoT customers. The company’s flagship technology, RecordFlux, is a powerful tool used to formally describe, test and implement binary communication
protocols. Componolit technology will also bring new capabilities to AdaCore's suite of automated testing and static analysis tools. Romain Berrendonner, Security Offering Architect, AdaCore, explained: “Our acquisition of Componolit enables us to address one of the most important security concerns for the designers of military “Systems of Systems,” which are highly dependent on secure communications. RecordFlux enables us to bring the benefits of our formal methods technologies to communication systems developers so that they can develop highly secure network layers for their most critical applications.”