Cisco Announces Intent to Acquire ThousandEyes
San Jose, California – 28th May 2020 – Cisco has announced its intent to acquire privately held ThousandEyes, Inc. headquartered in San Francisco, CA. ThousandEyes’ Internet and Cloud intelligence platform delivers deep visibility and insights into the digital delivery of applications and services over the Internet. The last few years have seen a rapid acceleration of Cloud adoption, widespread use of SaaS applications, and a reliance on the Internet and networks outside of enterprise control. This increased dependence on the Internet and other third-party infrastructures, compounded over the past several months during the COVID-19 pandemic, substantially reduces the ability for enterprise IT teams to predict, visualize and control operational behavior. Todd Nightingale, Senior Vice President and General Manager, Cisco Enterprise Networking and Cloud, said: “I’m excited to welcome the ThousandEyes team to Cisco. The combination of Cisco and ThousandEyes will enable deeper and broader visibility to pin-point deficiencies and improve the network and application performance across all networks. This will give customers end-to-end visibility when accessing cloud applications, and Internet Intelligence will improve networking reliability and the overall application experience.”
Dye & Durham Makes Two Legal Tech Acquisitions
Dye & Durham Corporation, a provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, announced today it has purchased the assets of Cyberbahn and Marque d’or, which specialize in corporate search and registration and litigation support services from Thomson Reuters Canada Limited. Dye & Durham has also acquired Index Property Information Ltd, a technology-enabled real estate search company based in the United Kingdom. These acquisitions continue to add to Dye & Durham’s growing portfolio of legal technology services focused on the Canadian and UK markets. The additions of Cyberbahn, Marque d’or and Index PI, supercharge Dye & Durham’s already strong organic growth and fits well with the Company’s acquisition strategy. Maria Cooley, General Manager for Thomson Reuters Legal and Tax in Canada said, “Cyberbahn and Marque d’or have a long history of providing exemplary support through experienced staff and web-based technology to the law clerk and paralegal community. We feel Dye & Durham is uniquely positioned to build on this tradition of excellent customer experience, technology and service.”
Pioneering Ventures has Acquired Lateral Praxis
Mumbai - 25th May 2020 - Switzerland-based agri-food investment firm, Pioneering Ventures, has acquired Lateral Praxis, an Indian agri-tech company, a senior executive told Mint in an interaction. The value of the transaction, however, was not disclosed. The acquisition will help improve the firm's downstream reach of tech-enabled solutions for food supply chain including information access, apps, data analytics and risk mitigation, Pablo Erat, co-founder of Pioneering Ventures, said: “Our initial focus was to integrate supply chains end-to-end to facilitate data-driven transformation from farm to fork. To create a positive change by reshaping the ecosystem, we need to reimagine the way food is produced and supplied, while empowering and connecting all system partners in a highly inclusive way. The acquisition of Lateral Praxis is an important milestone in the execution of our technology and data-centric strategy."
TIM Acquires Noovle and Accelerates its Cloud Project
TIM has signed an agreement to acquire 100% of Noovle, an Italian ICT consultancy and system integration company specialised in the supply of cloud projects and solutions and one of Google Cloud’s main partners in the Italian market. The transaction will allow TIM to expand its innovative public, private and hybrid cloud services offer and strengthen service skills to accelerate business digitalisation, including for SMEs, large industry, the Public Administration and healthcare. With this acquisition, TIM’s path with Google will gather significant speed through the future creation of its own newco dedicated to cloud and edge computing services. Since its launch, Milan based Noovle has been working on innovative technological solutions to improve services across various areas, such as the provision of virtual IT infrastructures, remote working, customer experience and Artificial Intelligence. It boasts in-depth technical expertise with over one hundred professionals certified in the development of web and mobile applications based on the Google Cloud. It also works as an innovative technology integrator for the development of cloud-based solutions to digitise institutions, businesses and PAs.
Apple Acquires Canadian Machine Learning Startup Inductiv
Waterloo, Ontario - 27th May 2020 - Apple Inc. has acquired machine-learning startup Inductiv Inc., adding to more than a dozen AI-related acquisitions by the technology giant in the past few years. The engineering team from Waterloo, Ontario-based Inductiv joined Apple in recent weeks to work on Siri, machine learning and data science. Apple confirmed the deal, saying it “buys smaller technology companies from time to time and we generally do not discuss our purpose or plans.” Inductiv develops technology that uses artificial intelligence (AI) to automate the task of identifying and correcting errors in data. Having clean data is important for machine learning, a popular and powerful type of AI that helps software improve with less human intervention. The work falls under the category of data science, a key element of Apple’s broader machine-learning strategy. The Apple executive in charge of Siri and machine learning, John Giannandrea, has been upgrading the underlying technology that goes into the Siri digital assistant and other AI-powered products from the company.
Sunstone Partners Announces Investment in Med Tech Solutions to Power Next Phase of Growth; Appoints Mona Abutaleb as CEO
San Mateo, CA, May 27th, 2020 – Sunstone Partners, a growth equity investment firm focused on tech enabled services and software companies, has invested in Med Tech Solutions (“MTS”), a leading national healthcare information technology company that offers enterprise-level technology services, private and public cloud services, security and compliance services, application support services, and 7×24 end user support. Sunstone’s investment will empower MTS with significant resources to continue to accelerate growth, expand service offerings and further enhance service delivery, and will drive forward MTS’ mission to deliver innovative technology solutions that empower clients to focus on delivery of exceptional patient care. Arneek Multani, Managing Director at Sunstone Partners, said: “As technology adoption continues to drive transformational change across the healthcare system, MTS is positioned to leverage its deep expertise in support of healthcare constituents across the industry.”
Omada Health Acquires Physera
San Francisco, CA – 19th May 2020 - As an increasing number of patients turn to remote care, Omada Health has announced the acquisition of Physera, a musculoskeletal care company that delivers interventions digitally and via telehealth. The offering includes video access to a nationwide network of licensed physical therapists for diagnosis and treatment, as well as in-application animations, voice prompts, digital exercise therapy, and other guidance designed to reduce musculoskeletal pain. “Integrating a digital physical therapy solution better equips Omada to meet the pressing needs of the current moment, and accelerates our progression towards a fully integrated care experience to address the needs of our partners and participants,” said Omada CEO and co-founder Sean Duffy.
Connexity Acquires Skimlinks - Creates Largest Independent Customer Acquisition Channel for eCommerce
Santa Monica and London – 28th May 2020 – Connexity has announced that it has acquired Skimlinks, a monetization solution for commerce-oriented publishers. Online retailers are taking advantage of increased demand in commerce oriented channels to diversify outside of traditional walled gardens like paid search. Connexity’s acquisition of Skimlinks creates the largest independent customer acquisition channel for ecommerce adding thousands of new retail-oriented publishers, including many desirable and respected consumer-facing media brands. The companies’ combined reach will drive nearly $2.5 Billion in commerce annually. Sebastien Blanc, CEO of Skimlinks, said: “Our combined scale will fortify Connexity as a critical customer acquisition channel for retailers and will strengthen publisher monetization solutions. By marrying Connexity’s CPC search budgets with the broad CPA affiliate monetization coverage of Skimlinks, we provide best-in-class monetization for publishers.”
Net Health Acquires Tissue Analytics
14th May 2020 - Net Health, a premier provider of cloud-based Electronic Health Record (EHR) software for specialized care settings, today announced that it has acquired Tissue Analytics, a pioneering developer of automated mobile wound and skin imaging and predictive analytics solutions. The acquisition of Tissue Analytics expands Net Health’s leadership position within the wound care market, and for all customers, will accelerate the delivery of next generation wound care technology solutions, including predictive analytics. Commenting on the deal, Net Health is a portfolio company of The Carlyle Group, Level Equity, and Silversmith Capital Partners. Silversmith invested additional equity to support the acquisition of Tissue Analytics. Net Health CEO Josh Pickus, said, “By combining our solutions, we can now extend our product capabilities and expand the settings in which we can help customers—adding inpatient settings to the hospital outpatient market we presently serve and growing our presence in post-acute settings and wound care therapies product development.”