Software AG Partners with Microsoft to Accelerate & Simplify Cloud Migrations
Darmstadt, Germany – 19th July 2019 - Software AG and Microsoft have announced a powerful new solution that enables enterprises to accelerate and simplify migration to Microsoft Azure while ensuring business continuity. Software AG’s new Cloud Migration Accelerator – based on the company’s webMethods.io Integration platform – allows enterprises to connect to applications, cloud services and data faster and more easily than ever before, providing a seamless path to a truly connected ecosystem. Cloud migrations are often a complex journey, challenging IT teams to move or replace on-premise technology to the cloud while ensuring that ongoing business operations run smoothly. Moving existing applications to the cloud involves a continuous need to connect or re-connect applications from on-premise to new cloud services, or new cloud services to other new cloud services. Making this hybrid transition as smooth as possible while maintaining business operations and access to data is critical for enterprises.
Thomson Reuters Acquires HighQ
Toronto and London – 18th July, 2019 – Thomson Reuters has announced that it has acquired HighQ, a collaboration platform for the legal and regulatory market. Based in London with offices in the United States, Germany, the Netherlands, Australia and India, HighQ offers a secure cloud-based platform for business collaboration, workflow automation and client engagement. HighQ currently serves more than 400 customers, including more than half of the Global 100 largest law firms. “This deal follows our recent acquisition of Confirmation, a leading provider of secure audit services, and reinforces our strategy of carefully investing to grow our core offerings in the world of business information services,” said Jim Smith, President and CEO, Thomson Reuters. “HighQ’s software platform is flexible, user-friendly and integrates with other leading-edge technology to provide a seamless user experience,” he continued. “This acquisition will position us with an open best-in-class platform at the heart of the legal software ecosystem. It provides us with an opportunity to leverage our channels to sell HighQ to thousands of large and medium-sized law firms and corporate legal departments globally. It also brings impressive software development talent into our organization.” Financial terms of the transaction were not disclosed.
German Banking Start Up N26 raises $170M
Berlin – 18th July 2019 - N26 has announced it has just raised a $170 million extension of their Series D funding round to $470m. The extension drives N26’s valuation to $3.5bn, making it the highest valued German startup. The Mobile Bank now also ranks among the most valuable European startups and the top ten of the most valuable FinTechs worldwide. All previous investors from the Series D funding round in January 2019 extended their investment in the company, thus underpinning their confidence in N26’s future growth. Among the participants are many of the world’s most established investors, including Insight Venture Partners, GIC (Singapore’s sovereign wealth fund), Tencent, Allianz X, Peter Thiel’s Valar Ventures, Earlybird Venture Capital, and Greyhound Capital. To date, N26 has raised more than $670 million. N26 co-founder, Maximilian Tayentha, said: “Once again, our investors have placed their trust in us. This will allow us to accelerate our global expansion. The further increase in valuation is a great testament to the company’s development over the last months,” N26 will use the additional funds to drive expansion in Europe, the US, and Brazil.
Frontline Education Signs Definitive Agreement to Acquire Perennial EdTech
Malvern, Pa. – 18th July 2019 — Frontline Education, a provider of school administration software for the K-12 education community, announced that the company has signed a definitive agreement to acquire Perennial EdTech. The acquisition is subject to certain closing conditions and is expected to close in the coming weeks. “The Perennial EdTech acquisition enhances our commitment to providing school administration software that empowers the K-12 community,” said Mark Gruzin, CEO of Frontline Education. “Bringing these critical technologies together further supports education leaders in making data-driven decisions to foster continued educator growth and improved student outcomes.” All services and solutions provided by Frontline Education and Perennial EdTech companies will continue to operate as usual.
Philips expands its patient management solutions in the US with the acquisition of Medumo
Amsterdam, the Netherlands and Boston, MA – 18th July 2019 - Royal Philips, a health technology company, has announced that it has expanded its patient management solutions in the US with the acquisition of Boston-based start-up company Medumo. Founded in 2013, Medumo has developed a diagnostic patient management platform for healthcare providers to deliver patient engagement and education services. “Efficient digital health services for a superb patient experience and enhanced productivity are becoming critical differentiators for our healthcare provider customers,” said Matt Bierbaum, Head of Precision Diagnosis Ventures at Philips. “By combining Medumo’s direct patient interaction services with Philips’ diagnostic imaging systems, enterprise diagnostic informatics and operational performance management capabilities, Philips aims to deliver a patient-centric solution to our customers that helps drive their top- and bottom-line improvements by streamlining labor intensive workflows.”
Kerauno Acquires Custom Software Development Firm, Inverse-Square
Indianapolis - 17th July 2019 - Indianapolis-based software company, Kerauno, continues to expand its portfolio. The strategic purchase of Inverse-Square will bolster Kerauno’s engineering staff and while also adding bandwidth in key service and operation areas. Additionally, this acquisition will enable Kerauno to continue to scale and reach development objectives more rapidly. As part of the acquisition, Kerauno will onboard new employees, including Inverse-Square president, Bob Baird, who will become Kerauno’s Vice President of Software Integration. Josh Ross, Kerauno CEO and Co-founder, said: “Kerauno is building a sophisticated communications engine. Acquisitions of this nature will enable us to go to market faster with new products and continue to offer our current suite of services.”
Henry Schein Acquires Elite Computer Italia – Expands International Presence
Melville, New York – 16th July 2019 - Henry Schein, Inc. has announced that Henry Schein One has acquired Elite Computer Italia S.r.L,. a full-service software company that delivers state-of-the-art practice management solutions to dental practices and dental laboratories in Italy. The addition of Elite complements Henry Schein One's strategy to deliver integrated technology platforms that help dental teams become more productive and improve each stage of the patient experience, and marks Henry Schein’s entry into the Italian dental practice management software market. Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein.: “Having the right practice management system is one of the most essential facets of any successful dental practice. We have served dental practitioners in Italy since 2004 and are now well-positioned to offer the highly regarded OrisLine family of software products. We look forward to a strong partnership with Elite that will enable a true digital workflow to help dental teams streamline office procedures and make the most of their practice management investment.”
AT&T and Microsoft announce a strategic alliance to deliver innovation with cloud, AI and 5G
Dallas & Redmond, Washington - 17th July 2019 - AT&T Communications and Microsoft Corp. are embarking on an extensive, multiyear alliance where the two companies will apply technologies, including cloud, AI, and 5G, to improve how people live and work today and in the future. Microsoft will be the preferred cloud provider for non-network applications, as part of AT&T’s broader public cloud first strategy, and will support AT&T as it consolidates its data center infrastructure and operations. AT&T is becoming a “public cloud first” company by migrating most non-network workloads to the public cloud by 2024. That initiative will allow AT&T to focus on core network capabilities, accelerate innovation for its customers, and empower its workforce while optimizing costs. As part of the agreement, AT&T will provide much of its workforce with robust cloud-based productivity and collaboration tools available with Microsoft 365, and plans to migrate non-network infrastructure applications to the Microsoft Azure cloud platform.
Groupe Bruxelles Lambert Enters into Exclusive Negotiations to Acquire Webhelp Group
9th July 2019 - GBL has announced it has entered into exclusive negotiations to acquire a majority stake in the Webhelp group, together with its co-founding shareholders, Olivier Duha and Frédéric Jousset, who would retain their role as founding executive directors, and its management team.
Founded in 2000, Webhelp is today one of the world’s leading providers of customer experience and business process outsourcing (BPO). The group has doubled in size since the KKR acquisition in 2015 and aims to achieve a turnover of €1.5 billion in 2019. Webhelp develops innovative solutions combining consulting services, technological solutions and omni-channel processing capabilities thanks to its 50 000 employees in more than 35 countries. This performance is the result of an organic and external growth strategy that GBL aims to maintain and accelerate together with the strong collaboration of the co-founders and management. As a result of this transaction, GBL would acquire a majority stake in Webhelp on the basis of an enterprise value of €2.4 billion. It is expected that the legal documentation will be signed by the beginning of August for completion, after obtaining regulatory authorizations for use, within the course of Q4 2019.
Iron Mountain Expands Data Services to Support Amazon Web Services
Boston – 11th July 2019 – Global storage and information management seas rvices company, Iron Mountain Incorporated, has announced an expansion to its Data Restoration and Migration Services (DRMS) offering for customers seeking to migrate tape-based data into Amazon Web Services (AWS). With the expanded offering, companies will have the ability to modernize their data management strategy while maintaining high levels of security, access, and governance. In addition, Iron Mountain announced it has joined the AWS Partner Network (APN) as a Select Technology Partner, enabling customers to accelerate their digital transformation journey with AWS. Tom Fetters, Vice President and General Manager, Data Protection, Iron Mountain, said: "As more organizations embrace cloud as part of their digital transformation journey, they seek partners who can help them solve the data protection, integration, migration, access and governance challenges they encounter along the way. Customers understand that their tapes continue to be an essential data source in this journey. Our expanded offering delivers compelling capabilities to AWS customers, leveraging Iron Mountain's proven experience and trusted expertise in helping store, secure, access, and derive value from their data."
OpenText Expands Strategic Partnership with Google Cloud
Waterloo, Ontario – 9th July 2019 - OpenText™ an Enterprise Information Management (EIM) company, has announced new partnerships, services and product integrations to help customers move critical EIM workloads to Google Cloud. As part of this expanded relationship, Google Cloud has selected OpenText as its preferred partner for Enterprise Information Management Services, while OpenText has named Google Cloud its preferred partner for enterprise cloud. Mark J. Barrenechea, OpenText CEO & CTO and Kevin Ichhpurani, Corporate Vice President, Global Ecosystem at Google Cloud, outlined the strategic relationship at OpenText Enterprise World 2019. "Cloud is a strategic imperative, and OpenText is committed to supporting our customers at every stage of their cloud journey," said Barrenechea. "As a strategic EIM partner for Google Cloud, OpenText will deliver the next generation of our cloud-based content services supporting the Google Cloud Platform and the unique value add that Google offers. Together, we can help the world's largest enterprises and organizations securely manage their most valuable asset, information."