Amazon acquires start-up Health Navigator, its first health-related purchase since PillPack
Amazon has just made its second acquisition in the health-care space, buying Health Navigator, a start-up which provides technology and services to digital health companies. The tech giant confirmed that Health Navigator will join the Amazon Care group, which launched in September and was designed to serve as a medical benefit for Amazon employees, providing virtual care via video, with home visits if additional care is needed. “The service eliminates travel and wait time, connecting employees and their family members to a physician or nurse practitioner through live chat or video, with the option for in-person follow up services from a registered nurse, ranging from immunizations to instant strep throat detection,” an Amazon spokesperson told CNBC.
PTC Acquires SaaS Product Development Platform Provider Onshape for $470 Million
Boston – 23rd October 2019 – PTC has announced that it has signed a definitive agreement to acquire Onshape, creators of the first Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) with powerful data management and collaboration tools, for approximately $470 million, net of cash acquired. The acquisition is expected to accelerate PTC’s ability to attract new customers with a SaaS-based product offering and position the company to capitalize on the inevitable industry transition to SaaS. Pending regulatory approval and satisfaction of other closing conditions, the transaction is expected to be completed in November 2019. Jim Heppelmann, President and CEO, PTC, said, "PTC has earned a reputation for successfully pursuing new innovations that drive corporate growth. Building on the strong momentum we have with our on-premises CAD and PLM businesses, we look to our future and see a new growth play with SaaS.” This acquisition is the logical next step in PTC’s overall evolution to a recurring revenue business model, the first step of which was the company’s successful transition to subscription licensing, completed in January 2019. The SaaS model, while nascent in the CAD and PLM market, is rapidly becoming industry best practice across most other software domains.
Roku to Acquire dataxu to Strengthen Industry-Leading OTT Advertising Platform
Los Gatos, California – 22nd October 2019 - Roku, Inc. has announced that it has entered into an agreement to purchase Boston-based dataxu, a demand-side platform (DSP) that enables marketers to plan and buy video ad campaigns. dataxu provides marketers with an automated bidding and self-serve software solution to manage ad campaigns programmatically across digital platforms. dataxu utilizes advanced TV and OTT media planning tools, a proprietary device graph, and data science to help marketers optimize for business outcomes across TV, OTT, desktop and mobile. The acquisition of dataxu’s platform will complement Roku’s industry-leading OTT advertising platform and enable Roku to provide marketers a single, data-driven software solution to plan, buy, and optimize their ad spend across TV and OTT providers.
Mailgun acquires Mailjet - Expands email platform
Paris - 22nd October 2019 - Thoma Bravo backed, email delivery platform, Mailgun, has announced that it will acquire the Paris-headquartered email solution Mailjet. Currently over 160,000 organizations use Mailgun's email API solutions to deliver their transactional and marketing emails. With the acquisition of Mailjet, the two brands will now serve over 290,000 companies in over 150 countries, making it easier for developers and marketers alike to send smarter emails. In a blog announcing the deal, Mailgun's CEO, Will Conway, explained: “By adding Mailjet to the Mailgun family, we’re giving teams more choice in the tools they use to support the way that they want to manage their email needs.” He went on to say, “Ultimately, our customers will enjoy the benefit of Mailgun’s infrastructure and deliverability expertise and Mailjet’s intuitive tools and multinational approach. By joining forces, we will create a better email experience for teams large and small as we expand on our shared vision to become the world’s most relied upon email platform. It’s only going to get better from here!”
Microsoft acquires Mover to simplify and speed file migration to Microsoft 365
Edmonton - 21st October 2019 - Microsoft has announced that it has acquired Mover, an Edmonton-based provider of admin-led and self-service cloud file migration offerings. A blog post by Jeff Teper, CVP Office SharePoint and OneDrive, announcing the deal, didn’t disclose the terms of the deal, but said that the startup’s tech will bolster existing first-party solutions such as FastTrack and the SharePoint Migration Tool for migrating content from on-premises SharePoint sites and file shares to Microsoft 365. Teper continued, “Together with Mover, we’ll continue to provide customers with fast and reliable migrations to the cloud, with best practices and security and more connectors to more source systems, ultimately making the move into Microsoft 365 as seamless and cost effective as possible.”
Squarespace Acquires Social Stories Platform Unfold
As part of its effort to expand beyond just building websites, build-your-own website startup, Squarespace has announced it has acquired Unfold, a social media app, which is used by celebrities including Kim Kardashian West and Selena Gomez, to bring digital storytelling capabilities to its users. Unfold offers templates for creating stories on Instagram, Facebook and Snapchat. The acquisition is Squarespace’ second acquisition. Financial terms of the deal were not disclosed. Unfold co-founders, Alfonso Cobo and Andy McCune, commented, “Unfold and Squarespace share the same DNA and vision for empowering creators. Together, we’ll continue to rethink how people share stories to connect and inspire. We couldn’t be more excited for this new chapter in our story.”
Bentley Systems acquires Citilabs and Orbit Geospatial Technologies, bolsters Digital Cities Offerings
Singapore – 21st October 2019 - Bentley Systems, Incorporated, global provider of comprehensive software and digital twin cloud services for advancing the design, construction and operations of infrastructure, has announced the acquisitions of global mobility simulation (CUBE) and analytics (Streetlytics) software provider Citilabs, and global provider of 3D and mobile mapping software, Orbit Geospatial Technologies (Orbit GT). The newly acquired technologies, in conjunction with Bentley’s existing design integration and digital cities offerings, enable engineering-based mobility digital twins. Road mobility digital twins converge cities’ digital context (including 4D surveying facilitated by Orbit GT for drone-and vehicle-mounted mobile mapping), and digital components (including from Bentley’s OpenRoads engineering applications) with CUBE simulations—to model and assure real-world throughput capacity for proposed and existing roadway assets. Streetlytics traffic data will become increasingly available through Bentley’s cloud services to calibrate and validate mobility digital twins.
AMP Capital Acquires Expedient
Pittsburgh, PA – 21st October 2019 - Cloud computing and data center infrastructure as a service (IaaS) provider, Expedient, has announced that global investment management firm, AMP Capital, has agreed to acquire the company from its current parent, Landmark Media Enterprises, LLC. The announcement comes just days after Expedient released news of its Western Expansion, with the deployment of a new, already in production Enterprise Cloud point of delivery platform in Phoenix, Arizona. CEO of Expedient, Shawn McGorry, said, “This is truly an incredible outcome to our strategic alternatives review process. Landmark has been a valued investment sponsor for the last 14 years. AMP Capital has a long-term point of view about the business, very similar to Landmark’s. With access to additional capital sources and flexible financing, we stand ready to accelerate the expansion of Expedient Enterprise Cloud solutions to new markets and to offer our loyal clients an even more robust suite of Infrastructure-as-a-Service solutions.” https://www.expedient.com/about/media/expedient-secures-new-investment-sponsor-amp-capital-to-fund-continued-growth-and-expansion-of-its-data-center-and-enterprise-cloud-platforms/
Australian Tech Giant Atlassian Acquires Code Barrel
Sydney, Australia - 17th October 2019 - Atlassian has announced it has acquired Code Barrel, which makes automation tooling for Atlassian’s flagship team ticket tracking product, Jira. Both companies have headquarters in Sydney, Australia. Code Barrel was co-founded by Andreas Knecht and Nick Menere, both of whom were early members of the Jira team at Atlassian. Many of Code Barrel’s team members were also former Atlassian employees. According to the acquisition announcement, published via Code Barrel’s blog, Knecht wrote that “My co-founder Nick and I spent a collective 20 years at Atlassian and it became a massive part of our lives. Naturally, when we left to set up our own company, building apps for the Atlassian Marketplace, we lived by the same values.” According to the blog post, the two founded Code Barrel in 2016 and, although their first app “didn’t really take the world by storm”, they knew almost immediately when they released Automation for Jira, that they “had built something that solves real problems for people”. Terms of the deal were not disclosed.
IHS Markit Completes Sale of Data Logic Services
New York – 17th October 2019 - IHS Markit, a critical information, analytics and solutions company, has announced that it has completed the sale of Data Logic Services to Access, a privately-held records and information management services provider. Based in Houston, Data Logic Services provides storage and records management for firms in the energy industry. Its expertise includes data management, database integration, document archiving, cataloguing, scanning and imaging. “We regularly review our portfolio and determined that Data Logic Services is distinct from the core capabilities within our scaled verticals of Financial Services, Transportation and Energy & Natural Resources,” commented Lanc Uggla, Chairman and CEO of IHS Markit. “Given its expertise and focus, Access is a natural home for our Data Logic Services team. It will also be a great place for our colleagues to further grow their careers as part of a leading information management company.”