NetApp to Acquire Spot for $450 Million
Sunnyvale, CA- 3rd June 2020 - NetApp® a cloud data services company, has announced it has entered into a definitive agreement to acquire Spot, a leader in compute management and cost optimization on the public clouds, to establish leadership in Application Driven Infrastructure. Digital transformation initiatives have accelerated and remain the top business priority, especially in today’s environment, and the public clouds offer the speed and flexibility needed to navigate this new normal as companies find to new ways to work, interact and do business. Together, NetApp and Spot’s Application Driven Infrastructure for continuous optimization will help customers save up to 90 percent of their compute and storage cloud expenses, which typically make up 70 percent of total cloud spending, and will help accelerate public cloud adoption. Anthony Lye, Senior Vice President and General Manager, Public Cloud Services, NetApp, said: “In today’s public clouds, speed is the new scale. However, waste in the public clouds driven by idle resources and overprovisioned resources is a significant and a growing customer problem slowing down more public cloud adoption. The combination of NetApp’s leading shared storage platform for block, file and object and Spot’s compute platform will deliver a leading solution for the continuous optimization of cost for all workloads, both cloud native and legacy. Optimized customers are happy customers and happy customers deploy more to the public clouds.”
Cloudbolt Software Announces Acquisition of Sovlabs to Help Enterprises Simplify their Hybrid Cloud Journey
North Bethesda, MD – 2nd June 2020 – CloudBolt Software, an enterprise cloud management platform provider, has announced it has acquired SovLabs, an innovator of codeless integration technologies for hybrid cloud. This acquisition enables CloudBolt to better serve its growing base of global customers and the thousands of VMware vRealize customers as enterprises increasingly adopt new tools like HashiCorp Terraform, Kubernetes, ServiceNow, and more. With SovLabs, CloudBolt instantly doubles its customer base, increases its employee headcount by 50%, and acquires SovLabs’ award-winning technology to advance CloudBolt’s cloud management vision. Coming on the heels of CloudBolt’s new CEO appointment, the SovLabs team joins CloudBolt with the acquisition. Chief Executive Officer of CloudBolt, Jeff Kukowski, said: “As a world-class VMware technology partner, SovLabs has deep expertise helping vRealize customers maximize the value of their automation projects. With the end of general support for vRealize Automation 7.x approaching, the combination of CloudBolt and SovLabs is in a great position to serve this important base who are looking to migrate to vRealize Automation 8 or invest in complementary cloud management capabilities..”
Transplace Acquires ScanData and Expands its Logistics Platform Capability
Dallas – 2nd June 2020 – Premier provider of logistics technology and services, Transplace, has announced the strategic acquisition of ScanData Systems, Inc., a parcel transportation management solutions (PTMS) company. ScanData’s enterprise-class, multi-carrier, parcel shipping solution streamlines and optimizes carrier selection, booking, label printing, tracking, invoice reconciliation and Business Intelligence reporting at scale. The solution covers shipping and logistics needs across the entire parcel life cycle. Specializing in supporting parcel shippers with extremely high volumes and complex shipping rules, shippers will immediately benefit from the current integration of ScanData’s PTMS capabilities into Transplace’s industry-leading Transportation Management System (TMS) and broader logistics platform. “By enhancing our Platform with ScanData’s parcel transportation management solutions, we support our shipper’s growing eCommerce/DTC needs while increasing their operational efficiencies, customer satisfaction, and optimizing their transportation spend,” said Frank McGuigan, chief executive officer of Transplace.
National Instruments to Acquire OptimalPlus
Austin, Texas – 2nd June 2020 – National Instruments Corporation, provider of a software-defined platform that accelerates the development and performance of automated test and automated measurement systems, has announced it has entered into a definitive agreement to acquire OptimalPlus Ltd., a global company providing data analytics software for the semiconductor, automotive and electronics industries. The acquisition will expand NI’s enterprise software capabilities to provide customers with business-critical insights through advanced product analytics across their product development flow and supply chain. “The addition of OptimalPlus’ data analytics capabilities will enable us to accelerate our growth strategy by increasing enterprise-level value for shared customers in the semiconductor and automotive industries.” said Eric Starkloff, NI President and CEO. “During this age of digital transformation, we remain committed to delivering innovative software and systems that leverage a robust data platform to address our customers’ business challenges. I welcome the employees of OptimalPlus and look forward to collectively accelerating our long-term growth ambitions.”
Change Healthcare Acquires PDX
Nashville, Tennessee - 1st June 2020 - Change Healthcare has announced the acquisition of PDX, a provider of patient centric and innovative technologies for pharmacies and health systems. PDX’s fully integrated retail, specialty, and outpatient pharmacy solutions aim to drive superior operational results for pharmacies while improving outcomes for patients. Their portfolio of solutions includes an Enterprise Pharmacy System™ software, a comprehensive suite of products and services that range from robust data analytics to revenue cycle management, and a flexible clinical services platform. The transaction complements Change Healthcare’s recent acquisition of eRx Network and demonstrates the company’s continued investment in core aspects of the business to fuel innovation and long-term growth. The combination of Change Healthcare, eRx Network, and PDX will result in faster, more integrated development and cross selling opportunities for Change Healthcare’s combined portfolio of pharmacy network, software, and analytics solutions.
HCL Technologies Announces Intent to Acquire Cisco’s Son Technology
Noida, India – 29th May 2020 - HCL Technologies, a global technology company, has announced its intent to acquire Cisco’s Self-Optimizing Network (SON) technology. This acquisition, which comprises of products and services built on Cisco’s SON technology, will help HCL meet the growing needs of its customers in the telecommunications industry, which includes tier-one communications service providers globally, by adding the power of Cisco’s SON’s multi-vendor multi-technology and application support to its clients. The Cisco SON technology is a powerful platform that uses machine learning and a set of applications to automate the Radio Access Network (RAN). It helps customers boost performance, harmonize the multiple technologies that comprise a RAN, and maximize the capabilities of existing infrastructures, resulting in reduced capital and operational expenditures. As part of the deal, some employees who work on Cisco’s SON technology will move from Cisco to HCL.
Private Equity Firm Goldfinch Partners Acquires Fintech Player, Vesta for $125 Million
Lake Oswego, Oregon - Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured $125 million in new growth capital from private equity firm Goldfinch Partners. The funding will provide Vesta with the resources to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions. Vesta enables e-commerce companies to grow their businesses by focusing on revenue rather than risk, with its zero-risk and zero-liability payment guarantee. Vesta’s real-time decisioning platform — built on data science and machine learning with more than 25 years of intelligence — analyzes customers’ online payment transactions to assess the risk of fraud. Eliminating the fear of fraud and ensuring that more good transactions are approved increases revenue and ultimately profits.
Accenture Completes Acquisition of Gekko
Paris – 2nd June 2020 – Accenture has completed its acquisition of Gekko, a leading French Amazon Web Services (AWS) cloud services company. Terms of the transaction (announced 20th April), were not disclosed. Gekko has more than 100 trained cloud professionals, 100 AWS certifications and a deep relationship with AWS. The acquisition strengthens Accenture’s leadership position in cloud and artificial intelligence; extends its ongoing relationships with key technology providers, including ecosystem partners such as Amazon, Google and Microsoft; and complements the cloud migration expertise and strategic objectives of the Accenture AWS Business Group (AABG) in France, Belgium, Luxembourg and the Netherlands. The AABG is built on more than 13 years of partnership and thousands of joint projects between Accenture and AWS. Accenture’s AWS community consists of more than 8,000 AWS-trained professionals who hold over 5,500 AWS certifications globally. Accenture has been recognized by AWS with more than 20 AWS-awarded competencies/service delivery designations.
Cognizant Completes Acquisition of EI-Technologies, a Leading European Salesforce Platform Specialist
Teaneck, NJ - 1st June 2020 - Cognizant has completed the previously announced acquisition of the French operations of EI-Technologies, a Paris-based digital technology consulting firm and independent Salesforce specialist in France. EI-Technologies’ more than 300 employees in France now join Cognizant, complementing Cognizant's global Salesforce practice and expanding client resources in Europe.
CyberArk Acquires Identity as a Service Leader Idaptive
Newton, Mass. and Petach Tikva, Israel – 13th May 2020 – CyberArk has announced it has acquired Santa Clara, California-based IDaptive Holdings, Inc. Together, CyberArk and Idaptive will deliver the industry’s only modern identity platform with a security-first approach. As organizations move IT resources to hybrid and multi-cloud environments, and accelerate automation and digital transformation initiatives, the number of privileged credentials associated with human, application and machine identities continues to grow exponentially. And so do the risks. In modern IT environments, all identities can become privileged under certain conditions, based on the systems, environments, applications or data they are accessing, or the types of operations they are performing.
Partnerize Acquires BrandVerity to Bring Brand Safety and Compliance Protection to its Partnership Automation Platform
San Francisco - 26th May 2020 – Partnerize, a provider of partnership automation solutions for global brands, has announced the acquisition of BrandVerity, a leading SaaS provider of brand protection solutions for enterprise businesses. Partnerize will incorporate BrandVerity’s brand monitoring and compliance solutions into the Partnerize Partnership Automation Platform, enabling brands to facilitate more effective partnerships and ensure brand-worthy customer experiences. With these new capabilities, Partnerize clients will be able to automatically monitor partner and affiliate online marketing programs to protect against harmful brand violations and regulatory risks. Terms of the transaction were not disclosed. Mal Cowley, co-founder and CEO of Partnerize, said: “Integrating BrandVerity into our platform is a game-changer for partnership marketing, and an important step toward realizing our vision of powering better partnerships for every brand. A majority of leading brands now drive a large share of their revenue and customer experiences through partnerships, and BrandVerity’s state-of-the-art monitoring and compliance solutions will improve both the quality and effectiveness of these partnerships.”
IHS Markit Acquires Catena Technologies
3rd May 2020 - IHS Markit, a critical information, analytics and solutions company, has announced the acquisition of Catena Technologies (Catena), a global regulatory trade reporting firm based in Singapore. "The acquisition of Catena is a logical extension of IHS Markit's strategy to provide comprehensive solutions that enable our customers to fulfill their global regulatory compliance needs," said John Barneson, Senior Vice President and Head of Platforms and Regulatory Compliance at IHS Markit. Catena was founded by its Chairman, Randall E. Duran, in 2002 as a fintech consultancy and transformed to become a software-as-a-service (SaaS) provider of trade reporting solutions in 2014. Its award-winning TRACE Reporting platform automates and manages trade reporting, providing cross-asset coverage, valuation and collateral reporting, and reconciliation. TRACE Reporting covers G20 jurisdictions, such as ASIC, MAS, HKMA, and EMIR, as well as MiFID II reporting.