Weekly Software Sector M&A Round Up - 7th September 2018

06 September 2018

Uberall Acquires Navads to Accelerate Global Growth

San Francisco – 6th September 2018)​ – Uberall, Inc., a company offering location marketing solutions for businesses competing to attract and win local brick-and-mortar customers, has announced the acquisition of Navads, a company in listings and location data management for agencies that serve enterprise and SMB brands. The acquisition makes Uberall one of the largest location marketing platforms in the world. Navads is used by more than ​800 brands across four continents. Their API is relied upon by many marketing technology companies, resellers and agencies to power their enterprise and SMB clients. Co-CEO at Uberall, Florian Huebner, said: "In partnering with them [Uberall], we manifest our position as a global leader for local marketing and emphasize our presence in the US, where Navads has seen considerable growth. We are excited to be building on their focus on supporting the developments in autonomous driving, augmented reality and voice search and to introducing their clients to Uberall."

Ciena Announces Intent to Acquire DonRiver
Hanover, Md. – 5th September 2018 - Ciena® Corporation has entered into a definitive agreement to acquire privately-held DonRiver, a global software and services company specializing in federated network and service inventory management solutions within the service provider Operational Support Systems (OSS) environment. DonRiver will bring new capabilities to Ciena’s Blue Planet software and services portfolio that significantly enhance the company’s ability to deliver on its Adaptive Network vision through intelligent, closed-loop automation. Rick Hamilton, Senior Vice President of Global Software and Services at Ciena, said: “With this new set of technology and expertise, we can help customers realize the full benefits of network automation by helping them move away from highly complex and fragmented OSS environments to those that accurately reflect the real-time state and utilization of network resources.”

Marcus Thomas acquires marketing automation technology partner
5th September 2018 - Cleveland - Marcus Thomas, an independent marketing communications agency, has acquired Devs United, a customer engagement technology company, focused on providing solutions around the Salesforce platform. Devs United helps companies implement customer relationship management (CRM) programs, marketing automation technologies and other customer engagements applications as a registered Salesforce consulting partner. The acquisition will combine Devs United’s expertise in customer engagement marketing with Marcus Thomas’ deep bench in analytics, digital media, social marketing and strategy. Devs United will operate as an independent brand under the Marcus Thomas umbrella.  “Linking marketing and sales has always been the ultimate goal in our business,” said Jim Nash, managing partner at Marcus Thomas. “One of the challenges has been our ability to harness the right customer information for our marketing to be effective. Sales data, consumer insights, email, website and social insights all need to be synchronized for brands to win today. This acquisition enables us to start closing the loop for our clients by helping them synchronize data and relevant communications along their audiences’ journeys.”

Atlassian Acquires OpsGenie – Powerful Incident Management Platform – for $295 Million
Sydney - 4th September 2018 - Atlassian Corp., a maker of programs for coordinating software development, is acquiring OpsGenie inc, a platform which alerts engineers to software and website outages, for $295 million. OpsGenie will work with Atlassian’s new information technology service management product, Jira Ops, which helps IT workers track outages and minimize downtime. This latest acquisition follows the acquisition of StatusPage back in 2016, a status and incident communication tool. The company also recently sold its corporate chat assets to rival, Slack inc. said Atlassian’s co-CEO, Scott Farquhar, said: "One of the reasons we withdrew from the communications market is we see a much, much, much bigger prize for us in IT''. The company plans to announce the acquisition of OpsGenie as well as a test version of Jira Ops at its European user conference in Barcelona.

Bell completes acquisition of Axia NetMedia, assumes all operations of Alberta's SuperNet broadband network
Calgary – 4th September 2018 - BCE Inc. has announced it has completed the acquisition of Axia NetMedia Corporation, the Calgary-based operator of SuperNet, the Alberta broadband network connecting thousands of provincial and municipal offices, Indigenous communities, schools, libraries, healthcare institutions, businesses and Internet service providers throughout the province. In addition to the contract to supply all SuperNet services, Bell now owns and operates Axia network assets. The acquisition also creates new opportunities to provide advanced Bell Business Markets (BBM) solutions in Security, Data Centres and Unified Communications to Alberta-based and national enterprise customers and Internet service providers in the province. The integrated Bell-Axia team will be led by Dan McKeen, Bell's Vice Chair, Western Canada, and Ryan Klassen, who will be responsible for all day-to-day operations in the newly created role of Vice President, Business Solutions and Axia Group.

Access Healthcare acquires revenue cycle services provider Pacific BPO
Dallas TX – 31st August 2018 - Access Healthcare, a provider of healthcare business process outsourcing (BPO) services, has announced that it has acquired Pacific BPO, a provider of revenue cycle management services. Pacific BPO's 2,100 employees will become a part of Access Healthcare, with a resulting employee base of over 11,000 employees and over 1,000 automated agents (bots), operating from 19 delivery centers across United States, India, and the Philippines, making the organization one of the largest healthcare outsourcing companies. Headquartered in Noida, India, Pacific BPO was founded in 2010. Pacific BPO has a client base that includes hospitals, physician practices, and revenue cycle intermediaries. "This acquisition is about achieving scale and leveraging shared values,” said Anurag Jain, chairman of Access Healthcare. “With the addition of hospital inpatient revenue cycle management capabilities that Pacific BPO brings, we have significantly increased the breadth of healthcare customers in our portfolio. We now have one of the most diversified set of customers in the revenue cycle space. More than that, Pacific BPO shares the same values and purpose as Access Healthcare."https://www.accesshealthcare.com/news/2018/31/access-healthcare-acquires-revenue-cycle-services-provider-pacific-bpo

Dairy.com Acquires Data Specialists, Inc.
Frisco, TEXAS - 30th August 2018 - Dairy.com, a provider of software as a service (Saas) solutions powering dairy supply chains, is acquiring Data Specialists, Inc. (DSI), a technology company with deep roots and multiple platforms deployed across the dairy industry. The combined companies will feature over 100 employees in four main locations, serving customers with cutting edge software, powerful intelligence and robust service offerings. Dairy.com CEO Scott Sexton, said, “Adding DSI to our portfolio materially broadens Dairy.com offerings. Connecting platforms takes us to places we have not been. In particular, the DSI manufacturing suite is a powerful solution that handles complex in-plant processes, further extending Dairy.com traceability capabilities across the supply chain.”

CyrusOne Inc. Announces Closing of Zenium Acquisition
Dallas – 27th August 2018 - CyrusOne inc, a global data center REIT, has announced that it has closed its previously announced acquisition of Zenium Data Centers, a hyperscale data center provider with properties in London and Frankfurt - Europe’s two largest data center markets. “We are excited to take this important step in establishing a European footprint at a time when our customers are expanding globally and demand across the continent is accelerating, particularly for larger deployments,” said Gary Wojtaszek, President and Chief Executive Officer, CyrusOne. “We believe there is a tremendous opportunity as the market continues to evolve rapidly. With this acquisition, as well as additional development sites we have in process in key markets across Europe, we will be very well positioned to help our customers as their business requirements grow, while creating significant value for our shareholders.”

Cognizant to Acquire SaaSfocus to Expand Salesforce Cloud Consulting Capabilities
Teaneck, NJ – 23rd August 2018 - Cognizant has announced it has agreed to acquire SaaSfocus, a privately-held consulting firm specializing in digital transformation, leveraging the Salesforce Platform. Terms of the deal were not disclosed. SaaSfocus is one of the largest independent Salesforce Platinum consulting partners in the Asia-Pacific (APAC) region with operations across Australia and India. The acquisition will expand Cognizant's end-to-end digital transformation services and Salesforce cloud capabilities in these growing markets. "Cognizant's global delivery footprint, digital expertise and unique culture of innovation and empowerment made it a natural fit for SaaSfocus," said Amit Choudhary, Partner and ANZ CEO of SaaSfocus. "Combining Cognizant's global capabilities, deep domain expertise and digital solutions with SaaSfocus's specialized Salesforce consulting competencies will help us accelerate our clients' digital transformation journeys and create global opportunities for our employees."