Apple Acquires Fleetsmith to Help Companies Better Manage Devices
San Francisco – 25th June 2020 – Fleetsmith has announced in a blog, it has been acquired by Apple. Apple has already acquired 4 companies this year to augment its AI, Voice, weather and VR offerings. The acquisition of Fleetsmith is a move by Apple to bolster its tools for enterprise customers. Announcing the deal on its website, Fleetsmith said: “Our shared values of putting the customer at the center of everything we do without sacrificing privacy and security, means we can truly meet our mission.” Fleetsmith, which has raised more than $40 million from investors, like Menlo Ventures, Tiger Global Management, Upfront Ventures and Harrison Metal, will continue to sell the product through the company website, according to the blog post.Terms of the deal were not disclosed.
https://blog.fleetsmith.com/fleetsmith-acquired-by-apple/
ASG Acquires Homebot, A Mortgage Lending and Real Estate Software Solution
Denver & Walnut Creek, California – 25th June 2020 - ASG, a portfolio company of Alpine Investors that buys, builds and operates vertical SaaS companies, has announced that it has acquired Homebot, a mortgage lending and real estate software solution that maximizes repeat business for lenders and agents by empowering consumers to build wealth through homeownership. ASG, backed by Alpine Investors, Acquires Homebot, A Market-Leading Mortgage Lending and Real Estate Software Solution .Commenting on the deal, Mark Strauch, Partner at Alpine Investors and Co-Founder of ASG “We are incredibly excited to welcome Homebot to the ASG family of companies. The U.S. homeownership market is valued at $30 trillion but is a largely ‘unmanaged’ asset class. Homebot is changing that. They’ve created a software solution that empowers homeowners with personalized financial insights while facilitating engagement with their loan officer and real estate agent. Homebot marks our first expansion into residential real estate software and we look forward to continuing their already impressive growth.”
https://www.businesswire.com/news/home/20200625005211/en/ASG-Acquires-Homebot-Market-Leading-Mortgage-Lending-Real/
Cartegraphe to Acquire PenBay Solutions
Dubuque, Iowa - 25th June 2020 - Cartegraph has announced the acquisition of PenBay Solutions, LLC, a provider of facility management and space planning software. Combining PenBay’s location-centric facility management capabilities with Cartegraph’s asset, work and resource management solutions provides public and private organizations with a truly comprehensive infrastructure management platform. “We joined forces with Cartegraph because it is hands down the best operations and maintenance platform on the market,” said Bill Barron, Cartegraph Managing Director of Buildings and Infrastructure and former CEO of PenBay Solutions. “It was important to us to team up with a company who shared our location-centric and customer success-focused DNA. By bringing these teams and solutions together, we’re creating a powerful platform that empowers infrastructure owners to drive high-performance operations of their mission-critical assets.” With the combined companies, software users will be able to optimize the performance of their assets, drive efficiencies, improve space utilization, maximize resources and reduce costs through smarter, data-driven decisions.
https://www.cartegraph.com/blog/cartegraph-acquires-penbay-solutions?hsCtaTracking=eff928e6-4c1f-4758-a2df-682791cf566c%7C10e11c94-4c02-4470-b2f3-5e156ebb8a0b
OJO Labs Raises $62.5 Million, Acquires Movoto in Move to Transform the Homebuying Journey
Austin, Texas - 24th June 2020 - OJO Labs has announced that it has closed on a $62.5 million funding round led by Wafra, the investment platform with $25 billion under management, with participation from Breyer Capital, LiveOak Venture Partners, Royal Bank of Canada, and Northwestern Mutual Future Ventures. OJO Labs announced the acquisition of Movoto, the fastest-growing top 5 residential real estate search site in the United States with nearly 24 million monthly visits. OJO Labs is transforming the home buying and selling experience with a fusion of human and machine intelligence that delivers deeply personalized property recommendations and guides homebuyers and sellers along their journey. “The way people buy and sell homes is changing,” said Jim Breyer, Founder and CEO of Breyer Capital, a premier venture capital firm, and former Facebook and Walmart board member. “This evolution has been expedited by recent events, and the real estate industry is on the cusp of something new in the wake of COVID-19. With a clear vision for the future and the technology to back it up, I believe OJO Labs is poised to be a leader in the next era of the homebuying industry.”
https://ojo.com/article/news-room/3RJy9IcqbWHvMEkH8h25bh
Siemens Acquires UltraSoC Technologies
Cambridge, UK – 23rd June 2020 - Siemens has signed an agreement to acquire Cambridge, UK-based UltraSoC Technologies Ltd., a provider of instrumentation and analytics solutions that put intelligent monitoring, cybersecurity and functional safety capabilities into the core hardware of system-on-chip (SoC). Siemens plans to integrate UltraSoC’s technology into the Xcelerator portfolio as part of Mentor’s Tessent™ software product suite. The addition of UltraSoC to Siemens enables a unified data-driven infrastructure that can enhance product quality, safety and cybersecurity, and the creation of a comprehensive solution to help semiconductor industry customers overcome key pain points including manufacturing defects, software and hardware bugs, device early-failure and wear-out, functional safety, and malicious attacks. Brady Benware, Tessent Vice President and General Manager, Siemens Digital Industries Software, said: “Siemens’ acquisition of UltraSoC means that for the first time our customers can access not just design-for-test, but a comprehensive ‘Design for Lifecycle Management’ solution for system-on-chips, including functional safety, security and optimization. By utilizing design augmentation to detect, mitigate and eliminate risks throughout the SoC lifecycle, customers can radically improve time-to-revenue, product quality & safety and profitability. UltraSoC has a fast-growing business and impressive customer list and, as part of Siemens, can complement Tessent to create a truly unique offering in the market.”
https://www.ultrasoc.com/siemens-acquires-ultrasoc-to-drive-design-for-silicon-lifecycle-management/
Mastercard Acquires Finicity to Advance Open Banking Strategy
Purchase, NY - 23rd June 2020 – Mastercard has announced it has entered into an agreement to acquire Finicity, a North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million, if performance targets are met. The addition of Finicity’s complementary technology and teams strengthens the existing Mastercard open banking platform to enable and safeguard a greater choice of financial services, reinforcing the company’s long-standing partnerships with and commitment to financial institutions and fintechs across the globe. Finicity’s technology and dedicated employees will enhance Mastercard’s existing open banking solutions by enabling them to expand in North America and other key geographies. “Open banking is a growing global trend and a strategically important space for us. With the addition of Finicity, we expect to not only advance our open banking strategy, but enhance how we support and accelerate today’s digital economy across several markets,” said Michael Miebach, president of Mastercard.
https://www.finicity.com/mastercard-to-acquire-finicity-to-advance-open-banking-strategy/
Improving Acquires Nearshore Model Company iTexico
Austin, Texas - 18th June 2020 - Improving has merged with Austin, Texas headquartered iTexico, which has nearshore offices in Guadalajara and Aguascalientes, Mexico and sales offices in Dallas, Chicago, Northern California and Southern California. The merger is expected to increase Improving's workforce by more than 300 professionals with a combined annualized revenue in excess of $115 million. This transaction successfully continues Improving’s “Enterprise Strategy,” an innovative business model that focuses on merging technology service companies that share a common commitment to delivering excellence, cultivating culture, and building trust within the industry and community. The iTexico merger is particularly strategic as it expands Improving into the nearshore market with teams in Mexico, while also providing a local presence in one of the United States’ fastest growing cities, Austin, Texas. iTexico’s leadership team will continue operating and growing the business, while contributing to Improving’s sustained innovation and industry leadership across North America.
https://improving.com/thoughts/improving-acquires-nearshore-model-company-itexico
Digital.ai Acquires Numerify and Experitest – Accelerating Journey to Become the Industry’s Intelligent, End-to-End Value Stream Management Solution
Plano, TX – 16th June 2020 – Digital.ai, the creator of the industry’s first intelligent Value Stream Platform, has announced that it has acquired Numerify, an artificial intelligence (AI) analytics solutions firm, and Experitest, a continuous quality provider. The acquisitions, which were backed by TPG Capital, bring AI-powered business analytics and secure, integrated continuous testing capabilities to the Digital.ai Value Stream Platform, making it the most complete end-to-end value stream management (VSM) solution in the industry. Ashok Reddy, CEO of Digital.ai, commented: "The COVID-19 pandemic has amplified the importance of strong digital operations. As a result, global enterprises across industries are accelerating their digital transformation initiatives. The additions of Numerify and Experitest to Digital.ai enhance our ability to help these organizations rapidly increase agility and meet ever-changing customer and market demand without sacrificing quality or security."
https://digital.ai/press-releases/digitalai-acquires-numerify-and-experitest-accelerating-journey-become-industrys
TechAccel Subsidiary RNAissance Ag Completes Acquisition of St. Louis-based RNAgri
Kansas City, Missouri - 18th June 2020 - TechAccel LLC, a private technology and equity development company in agriculture and animal health, has announced its subsidiary RNAissance Ag LLC has completed an asset acquisition of RNAgri Inc., a Saint Louis-based ag biotech startup. RNAgri has developed a platform for the cost-effective production of RNA for use in topical RNA-interference (RNAi) products, including biopesticides. RNAi is a technology that regulates gene expression withoutenetic modification. Terms of the asset acquisition were not disclosed. RNAgri, formerly doing business as APSE Inc., was founded in 2011 and was one of 33 startups to receive a $50,000 grant from the Missouri Technology Corporation’s Innovation, Development and Entrepreneurship Advantage (IDEA) program. The company was also supported by the St. Louis Biogenerator i6 Project, which was its first and largest investor. Commenting on the deal, Michael Helmstetter, Ph.D., founder, President and CEO of TechAccel, noted: “This transaction marks a win for the growing biotechnology ecosystem in Missouri,”. “With these assets, TechAccel and RNAissance Ag will further accelerate the application of RNAi technology into crop and other biopesticide applications, in addition to targets in aquaculture and animal health.” Terms of the asset acquisition were not disclosed.
https://www.businesswire.com/news/home/20200618005645/en/TechAccel-Subsidiary-RNAissance-Ag-Completes-Acquisition-St.
Blue Horizon Software Acquires Majority Interest in Synthesis
Chicago – 17th June 2020 - Synthesis Technology has announced that Blue Horizon Software Holdings has acquired a majority interest in the company. Founder and CEO, John Toepfer, stated, "We’re very excited about our partnership with Blue Horizon. They have a long-term investment strategy and an impressive group of former software executives that will mentor and support the existing Synthesis team. Blue Horizon’s financial resources and operating expertise will help us deliver even more value to our customers and enable growth into new markets.” Based in Chicago, IL, Synthesis has prided content automation solutions to the investment management industry for over 20 years. The Blue Horizon transaction provides Synthesis with a long-term partner to support its continued development and delivery of innovative products that lead the way in satisfying the industry’s growing demand for content automation and sales enablement solutions. Synthesis’ suite of products help asset managers go to market faster with customer-centric content to drive competitive differentiation and AUM growth. In addition to software, Synthesis also offers professional services that help deliver ROI for asset managers looking to deploy reliable solutions quickly without the risk of driving up internal costs.
https://www.globenewswire.com/news-release/2020/06/17/2049616/0/en/Blue-Horizon-Software-Acquires-Majority-Interest-in-Synthesis-Technology.html
