Cision® Acquires TrendKite, Extending Its Leadership in Measurement & Attribution
Chicago -23rd January 2019 - Cision has announced it has acquired Digital PR platform provider, TrendKite. Based in Austin, Texas, TrendKite harnesses artificial intelligence and analytics to help brands understand the effect communications programs have on corporate reputation, website traffic and business outcomes. TrendKite is led by CEO Erik Huddleston, an industry veteran with a stellar track record solving CMOs' most challenging problems through innovative technology. Erik will become President of Cision following the transaction. The Digital PR platform will continue to be offered as a stand-alone application. In the long-term, TrendKite will become part of the Cision Communications Cloud product offering. Marketers and communicators will now have the following enhanced capabilities: measurement with approachable user experience (UX), comprehensive media monitoring & analysis and enhanced earned media targeting.
https://www.prnewswire.com/news-releases/cision-acquires-trendkite-extending-its-leadership-in-measurement--attribution-300782846.html
Chicago-Based Global Software Company Vistex Raises up to $105 Million Investment from Silicon Valley PE Firm Accel-KKR
Hoffman Estates, Illinois – 23rd January 2019 - Chicago-based global software company Vistex Inc. has announced that the company received a minority equity investment of an initial $65 million, and up to an additional $40 million, for future strategic acquisitions from Accel-KKR (AKKR), a technology-focused private equity firm. “This is the first equity capital raise in the history of the company. It is unprecedented for an enterprise software company to grow to a size and scale like Vistex without any external capital," said Sanjay Shah, who founded Vistex in early 1999 and has been the Chief Architect and CEO since its inception. "This announcement signals the strength of Chicago's tech market. Technology entrepreneurs can also build successful and thriving companies outside of Silicon Valley, right here in Chicago," continued Shah. "This infusion will provide us with the opportunity to further expand Vistex into new markets, conduct strategic acquisitions in new technologies and increase R&D efforts in AI and other capabilities."
https://www.vistex.com/blog/press-releases/vistex-raises-investment-from-pe-firm-accel-kkr/
Infosys partners with HPE to accelerate Enterprise Digital Transformation
Bengaluru – 23rd January 2019 - Infosys a next-generation digital services and consulting company, has announced that it has adopted HPE GreenLake to accelerate clients’ digital transformation. The partnership will help enterprises make smart infrastructure investments, paying for what they consume, while benefiting from the security offered by a trusted managed services provider. Clients will also benefit by having a secure private cloud and the advantages of economics and flexibility that exists in public cloud. Together, this will help enterprises accelerate their Hybrid Cloud transformation providing them increased agility and reduced total cost of ownership. Narsimha Rao Mannepalli, Executive Vice President and Head, Cloud & Infrastructure Solutions Service, Infosys, said, “Enterprises today are looking at optimizing their Hybrid IT investments and accelerating their digital initiatives. Our partnership with HPE will provide enterprises a compelling value proposition of a consumption-based IT model and the comfort of managed services.”
https://www.infosys.com/newsroom/press-releases/Pages/partners-accelerate-enterprise-digital-transformation.aspx
KnowledgeLake, Inc. acquires RPA technology company RatchetSoft, LLC after years of successful partnership
St Louis, Missouri – 17th January2019 – KnowledgeLake, a transactional content services company, has announced the acquisition of RatchetSoft, a US-based robotic process automation (RPA) technology provider. KnowledgeLake customers and partners can now leverage intelligent document capture, workflow, and RPA in a next-generation cloud content platform—all from one vendor. By bolstering its portfolio with RatchetSoft’s attended and unattended ‘bot’ technologies, KnowledgeLake can help businesses leapfrog persistent roadblocks to digital transformation. “We are impressed with KnowledgeLake’s vision and direction as a cloud services-based capture solution—the acquisition of an RPA vendor at this time rounds out its offering and brings new capability to both companies’ customers,” said Harvey Spencer, President of HSA Inc, the leading analyst company covering the world of capture with RPA software. https://www.knowledgelake.com/press-releases/knowledgelake-acquires-ratchetsoft-rpa/
Cedacri acquires OASI from Nexi
Milan, Italy - 22nd January 2019 - Cedacri, a company in which FSI recently became a shareholder and joined the traditional bank partners, and Nexi announce the signing of an agreement for the acquisition of 100% of OASI S.p.A. (Outsourcing Applicativo e Servizi Innovativi) by Cedacri. OASI provides software and integrated IT solutions for anti-money laundering and supervisory reporting used by banks, insurance companies and other financial institutions.
The deal will allow Cedacri, through the integration of OASI's solutions, to further strengthen its leadership in the software and IT services market for financial institutions, as well as to continue its growth path. The agreement establishes that, at the effective date of the transaction, Cedacri will recognize Nexi a fee based on an Enterprise Value of €151 million. The transaction closing is expected in February, following the completion of some formalities provided for in the agreement.
https://www.nexi.it/content/dam/nexi/download/stampa/comunicati/20190122_COMUNICATO%20STAMPA%20OASI%20_DEFINITIVO2_eng.pdf
Orbis Technologies Acquires Turn-Key Systems
Annapolis, MD - 14th January 2019 - Orbis Technologies, Inc. has completed the acquisition of Turn-Key Systems Pty Ltd, an Australian software company. Turn-Key has over 20 years of experience in the content management market and holds an impressive client list of companies located in Australia, Europe, the United States, and Canada. Turn-Key Systems will operate as a wholly-owned subsidiary of Orbis Technologies. Ms. Thuy Pisone, Orbis Corporate Executive Vice President Global Services, will assume duties as Managing Director of Turn-Key Systems Pty Ltd. Ms. Pisone commented, “The synergy between the core capabilities of Orbis Technologies and Turn-Key Systems will enable us to offer an enhanced portfolio of content management products and services to a wider global market.”
https://blog.orbistechnologies.com/orbis-technologies-acquires-turn-key-systems
Onapsis Signs Agreement to Acquire ERP Cybersecurity Company Virtual Forge
Boston, MA – 16th January 2019 - Onapsis, an ERP cybersecurity and compliance organisation, has announced it has entered into a definitive agreement to acquire privately-held Virtual Forge, headquartered in Heidelberg, Germany. Onapsis’s platform is the most widely-used cybersecurity solution that protects the ERP systems and business-critical applications of the world's largest organizations. The combination of Onapsis and Virtual Forge will empower customers to have unparalleled visibility, incident response, management and compliance for business-critical applications. “Organizations are continuously extending their cloud and on-premise ERP applications to support evolving business requirements, which introduces serious cybersecurity and compliance risks if not properly managed. With this acquisition, organizations will have one single partner and one single platform to secure and protect their SAP infrastructure, including segregation of duties, custom code analysis, vulnerability assessments, secure change management, compliance automation and continuous monitoring,” stated Mariano Nunez, CEO and Co-founder, Onapsis Inc.
https://www.onapsis.com/news-and-events/press-releases/onapsis-acquires-erp-cybersecurity-company-virtual-forge
BigChange accelerates scale-up plans with two acquisitions
Leeds, UK - 21st January 2019 – BigChange, the mobile workforce technology company, has announced that it has gained valuable new software and consulting capabilities, as well as over 100 new customers, with the acquisition of two UK-based businesses. BigChange has acquired Labyrinth Logistics Consulting, an award-winning supply chain and logistics consultancy based in Royal Leamington Spa. Labyrinth provides logistics strategy, compliance and procurement consultancy, alongside a self-audit software application called SilkThread®, to major transport, logistics, FMCG, and retail organisations in the UK. BigChange has also acquired Trace Systems, an established provider of fleet, garage and workshop management software. Trace works with fleet operators across the UK, including plant hire and haulage companies, local authorities and the emergency services. The acquisition of Trace, which is based in Coventry, provides BigChange with a world-class asset and stock management capabilities that will be integrated into BigChange’s JobWatch platform. Trace’s founder, Bill Davies, will work as an advisor to BigChange.
https://www.bigchangeapps.com/bigchange-accelerates-scale-up-plans-with-two-acquisitions/
Smartsheet Acquires Slope, Enhances Creative Content Review, Proofing and Approval Capabilities
Bellvue, Washington – 15th January 2019 – Smartsheet, a cloud-based platform for work execution, has announced that it has acquired Seattle-based TernPro, Inc., makers of Slope, an application that makes it easy for teams to collaborate on and manage creative work. With the integration of Slope, Smartsheet will enable users to review, proof and comment on content in the core application, in addition to offering standalone solutions to solve complex marketing and creative workflows. “The acquisition of Slope will strengthen our leadership position in the collaborative work management category by adding the ability to collaborate on everything from videos to documents directly in Smartsheet,” said Mark Mader, CEO of Smartsheet. “This is relevant to workflows in a wide range of use cases and industries, including marketing and creative work, and supports our vision to empower everyone to more effectively plan, track, automate, and report on work, regardless of technical skill level.”
https://www.smartsheet.com/announcement/smartsheet-acquires-slope-enhance-creative-content-review-proofing-and-approval
