Episerver to Acquire Experience Optimization Platform, Optimizely
New York, NY – 3rd September 2020 — Episerver has announced that it has entered into a definitive agreement to acquire Optimizel. This combination creates the most advanced digital experience platform to optimize every customer touchpoint across the entire user journey. Alex Atzberger, CEO of Episerver, said: “For nearly three decades, Episerver has helped businesses create content-driven digital experiences for our customers. Today, we are announcing the most significant transformation in our company’s history – one that will set a new industry standard for digital experience platforms. The breakthrough combination of Episerver and Optimizely will transform digital experience creation and optimization, enabling digital teams to replace guesswork with evidence-based outcomes. This, along with our shared mission to empower growing companies to compete digitally, makes me thrilled to welcome the Optimizely team to Episerver, as we prove there are no extraordinary experiences without experimentation.”
Infosys to Acquire Product Design and Development firm, Kaleidoscope Innovation for $42 Million
Bengaluru, India and Cincinnati, US - 3rd September 2020 - Infosys, a global, next-generation digital services and consulting company, has announced a definitive agreement to acquire Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. This acquisition demonstrates Infosys’ commitment to innovate for its clients, and make a meaningful impact on human lives by combining cutting-edge technologies and experiences to revolutionize patient care, treatment, diagnostics and consumer health across the world. Ravi Kumar, President, Infosys, said, “This acquisition further strengthens our digital offerings at the intersection of new software technologies and medical devices - a sector that is expected to witness significant investments and consumerization in the post-COVID era…”
EPAM Acquires Ricston Ltd., Expanding Global API Practice and Salesforce Capabilities
Newtown, PA – 2nd September 2020 – EPAM Systems, Inc, a global provider of digital platform engineering and software development services, has announced its acquisition of Ricston Ltd., with offices in the UK, Malta and Spain. Ricston adds to EPAM’s extensive expertise in integration and connectivity — specifically in microservices and APIs — providing our customers with the ability to reinvent their businesses, innovate faster and stay ahead of their competition. This acquisition complements EPAM’s technology consulting practice and further enhances its strong capabilities in API and microservices, as well as adding an integral component to the company’s growing Salesforce practice. Commenting on the deal, Viktar Dvorkin, SVP & Head of Global Delivery, EPAM, said: “We are seeing significant demand for API and microservices skills post-COVID, as companies across our core vertical segments from Financial Services to Insurance to Software and High-tech are looking to incorporate modern architectures and proven integration know-how into their new and more agile business strategies. Ricston’s strong EU-based technical leadership team, will bring deep expertise in Mulesoft, while enhancing our ability to design, architect, modernize and build across a spectrum of API and Salesforce-based business solutions.”
Experience Management Company Medallia to Acquire Contact Center Coaching Automation Platform, Stella Connect
San Francisco – 3rd September 2020 - Medallia, Inc, the global experience management company, has announced it has entered into a definitive agreement to acquire Stella Connect, the real-time feedback, coaching and quality management platform for customer service teams. Stella Connect plays a significant role in optimizing efficiencies and increasing employee engagement as contact centers shift to effective virtual working environments. Stella Connect drives substantial return on investment by automating the process of coaching interactions in the contact center, increasing focus on customer experience, resulting in higher customer retention and cross-sell. With contact center volumes at an all-time high and a large portion of the agent population working virtually, it is more important than ever for brands to harness agent-level customer feedback and deliver high impact coaching programs that engage frontline agents. Leslie Stretch, President and Chief Executive Officer of Medallia, said: “Combining Stella Connect with Medallia Experience Cloud and Medallia’s new Speech technology creates the work from anywhere contact center. Increased automation of contact center workflow lets agents focus on higher value, higher priority interactions, addressing industry wide high staff turnover. With Stella and Medallia we can turn contact centers into virtual service centers by connecting feedback to coaching action in live time.”
Dialpad Acquires Video Conferencing Company Highfive
San Francisco, CA – 1st September 2020 -- Dialpad, the only cloud-native business communications platform powered by Voice Intelligence (ViTM), has announced that it has acquired video conferencing company Highfive. According to a recent survey conducted by Pulse, 41% of IT, engineering, and customer success leaders say their teams will either regularly or usually work from home after the pandemic, with an additional 50% acknowledging there will be flexibility around remote work. Dialpad's acquisition of Highfive supports this new model, enabling true unified collaboration on a single communications platform. Leveraging Highfive's technology, Dialpad will bolster its capabilities to transform any home office, huddle room or office space into a smart meeting room experience that works seamlessly with existing hardware and SIP-enabled conferencing providers.
Roper Technologies Completes $5.3 Billion Acquisition of Vertafore
Sarasota, Florida – 3rd September 2020 - Roper Technologies, Inc, a diversified technology company, has announced that it has completed its previously announced acquisition of Vertafore. Roper funded the transaction using its cash on hand, revolving credit facility, and new debt. Vertafore is a leading provider of SaaS solutions for the property and casualty insurance industry. Vertafore’s cloud-based software provides agency management, compliance, workflow, and data solutions that simplify and automate the complex property and casualty (“P&C”) insurance lifecycle. More than 20,000 agencies and 1,000 insurance carriers rely on Vertafore to streamline their processes, improve efficiency, and drive productivity. Roper Technologies is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper operates businesses that design and develop software (both license and software-as-a-service) and engineered products and solutions for a variety of niche end markets.
Gong Acquires Vayo to Enhance its Revenue Intelligence Platform
San Francisco - 1st September 2020 – Gong, the revenue intelligence platform leveraging artificial intelligence to go beyond traditional CRM and transform revenue teams, has announced it has acquired Vayo, an Israel-based start up, specializing in data analytics for sales teams. With the acquisition the entire Vayo team joins Gong, adding firepower to Gong’s award-winning data analytics capabilities. Vayo CEO, Avshi Avital, said: “Gong is the de-facto revenue intelligence platform in the market due to its game changing insights unmatched in the industry, and the Vayo team is thrilled to join forces with the market leader. Revolutionizing AI for the sales industry was a passion Gong and Vayo shared before the acquisition, and together we are making our technology available to tens of thousands of Gong users.” Terms of the deal were not disclosed.
MRI Software enters into definitive agreement to acquire RentPayment™ business from Priority Technology Holdings, Inc.
Alpharetta, GA and Solon, OH – 1st September 2020 – MRI Software, a global real estate software solutions company, and Priority Technology Holdings, Inc, a provider of merchant acquiring, integrated payment software and commercial payment solutions, have entered into a strategic agreement in real estate payments. Under the terms of the agreement, MRI will acquire Priority’s RentPayment business, which is comprised of the RentPayment.com™, StorageRentPayment.com™ and DuesPayment.com™ real estate payment brands. Going forward, Priority will provide ongoing payment infrastructure as a service and processing to the new platform at MRI. Chief Executive Officer of MRI Software, Patrick Ghilani, said: “The convenience and continuity of accepting multiple payment options has never been more essential to the residential real estate sector than in the current global health environment. With this acquisition and partnership with Priority, MRI significantly expands our existing payments solution and scale and further improves both the resident and property manager experience provided by our platform. Additionally, we will now expedite the availability of our online payments solution to include both residential and commercial client offerings in all regions we serve, including Europe, Africa and Asia Pacific.”
Cologix completes acquisition of vXchnge data center in Minneapolis
Denver, Colorado – 1st September 2020: Cologix, a network-neutral interconnection, ecosystem and hyperscale edge data center company, has announced the completion of its of vXchnge’s 16,000 square foot data center in Minneapolis, Minnesota. The facility, now renamed MIN4, is located in the 511 building along with Cologix’s three other data centers. Commenting on the acquisition, Laura Ortman, President and Chief Revenue Officer of Cologix, said: “This acquisition expands Cologix’s capacity in the most connected building in Minnesota. We are delighted to welcome new employees and customers, who now can access our robust ecosystem of networks, clouds and partners through the Cologix Platform. Additionally, the added capacity helps us to meet the demand of our current and future customers as they grow and build out their IT infrastructures at the digital edge.”
FirstLight Completes Acquisition of TruePath Technologies
Albany, New York – 1st September 2020 – FirstLight, a provider of fiber-optic data, Internet, data center, cloud and voice services to enterprise and carrier customers throughout the Northeast and mid-Atlantic, announced today that it has completed its acquisition of TruePath Technologies. This transaction enhances FirstLight’s Managed Services portfolio by adding a proven team with expertise in deploying and supporting Monitoring Solutions. FirstLight and TruePath have worked together for many years to support customers’ monitoring needs. Now as part of FirstLight, the organization can seamlessly offer a complete, secure, cloud-based monitoring solution that manages a customer’s entire networking environment. By adding TruePath’s expertise in network monitoring to its in-house resources, FirstLight can meet a growing trend of customers looking to offload the tedious monitoring of software applications, data center activity, and network performance in order to free up IT resources to focus on more strategic tasks. Douglas Mauro, formerly the President of TruePath, will lead the Managed Services group at FirstLight to ensure it has the complete set of services its customers require.
Clayton, Dubilier & Rice to Acquire Epicor Software Corporation from KKR in $4.7 Billion Deal
New York and Austin, TX – 31st August 2020 - Clayton, Dubilier & Rice, KKR, and Epicor Software Corporation have announced a definitive agreement whereby CD&R funds will acquire Epicor, a global provider of industry-specific enterprise software to industrial-focused sectors, from leading global investment firm KKR. The transaction represents an important milestone for Epicor, an enterprise software vendor, delivering cloud-enabled services to more than 20,000 customers globally. Epicor’s flagship products are curated to support complex, vertical-specific workflows and provide mission-critical support to customers seeking to drive growth and profitability in their own businesses. Epicor is an acknowledged leader in the industrial end markets it serves, including manufacturing, distribution, retail, and services categories. Epicor CEO, Steve Murphy, said: “We welcome this new partnership with CD&R, which shares our vision for growing the company, and I thank KKR for a highly successful partnership these past few years. We are excited to work with CD&R to increase investment in our market-leading product portfolio and to enhance our ability to support an ever-increasing range of customer needs.”
Motorola Solutions Adds Cloud-Based Mobile Application Capabilities with Acquisition of Callyo
Chicago – 31st August 2020 – Motorola Solutions, Inc, announced it has acquired Callyo, a cloud-based mobile applications provider for law enforcement. Callyo is a software as a service company (SaaS) serving thousands of public safety customers across North America. Its portfolio includes two application suites – 10-21, which simplifies communication between first responders and citizens, and Callyo, which provides investigative tools that improve digital evidence collection. This acquisition adds to Motorola Solutions’ existing command center software suite critical mobile technology capabilities that enable information to flow seamlessly from the field to the command center. “First responders are increasingly looking to mobile applications to boost productivity and enhance community relations,” said Andrew Sinclair, senior vice president and general manager, Software Enterprise, Motorola Solutions. “With Callyo’s technology, agencies can improve collaboration and enhance the evidence collection process to build stronger cases more efficiently, ultimately enabling them to better serve and keep communities safe.” “With Motorola Solutions, we have the opportunity to accelerate our product innovation, reach and commitment to service,” said Chris Bennett, founder and chief product officer, Callyo. “We’re excited to work together to deliver the next generation of mobile application capabilities that simplify and enhance communication between first responders and the communities they serve.” Terms of the transaction were not disclosed.
RealPage Acquires STRATIS IoT
Richardson, Texas - 31st August 2020 - RealPage, Inc, a global provider of software and data analytics to the real estate industry, have announced the acquisition of STRATIS IoT, which connects smart apartment systems and devices into a single, easy-to-use resident app. Building devices work in harmony because STRATIS® IoT has integrated over 100 of the largest providers of smart apartment devices and systems with one user sign-on, one user experience, and one resident app. STRATIS IoT is among the largest and broadest integrators of smart devices and systems for multifamily and student apartment buildings, enabling a world class resident experience in over 380,000 units across the U.S., Japan, the UK, EU, and Latin America. According to Steve Winn, CEO of RealPage, “STRATIS IoT positions RealPage to enter a burgeoning market for smart access control, smart home devices and revolutionary new bulk Wi-Fi networks. New breakthroughs in cost now make smart access control, smart home devices and high-speed Wi-Fi affordable for existing apartments. What STRATIS IoT does is connect all of these smart systems into a single, seamless resident app with one user credential for each resident, which enables owners to recognize more revenue through monetization of amenities and enables residents to enjoy easier living and working from the next generation of connected apartment buildings."