Arlington Capital Partners Announces the Acquisition of Intellectual Technology, Inc.
Washington, DC – 28th January 2019 – Arlington Capital Partners, a Washington, DC-based private equity firm, has announced it has acquired Intellectual Technology, Inc (ITI). ITI has over 25 years of experience developing solutions for motor vehicle agencies, providing DMV software used throughout North America to increase the speed, visibility, and security of motor vehicle transactions. The Company’s existing shareholders, including Vicente Capital Partners and management, have reinvested in this transaction. Ben Ramundo, a Vice President at Arlington Capital, said, “In an environment where constituents expect better service from their state, local and municipal authorities, ITI’s solutions deliver the innovative technology that is enhancing the user experience at DMVs nationwide. We are not only thrilled to partner with the management team, but also eager to invest behind their initiatives to build new products and technologies that will allow the Company to pursue adjacent market opportunities.”
http://arlingtoncap.com/news/arlington-capital-partners-announces-the-acquisition-of-intellectual-technology-inc/
Adobe Acquires Allegorithmic
San Jose, California - Adobe has announced that it has acquired French company, Allegorithmic, makers of Substance, the industry standard for 3D textures and material creation in game and video post-production. By combining Allegorithmic’s Substance 3D design tools with Creative Cloud’s imaging, video and motion graphics tools, Adobe will empower video game creators, VFX artists working in film and television, designers and marketers to deliver the next generation of immersive experiences. Scott Belsky, Chief Product Officer and Executive Vice President, Creative Cloud, Adobe, said, “We are seeing an increasing appetite from customers to leverage 3D technology across media, entertainment, retail and marketing to design and deliver fully immersive experiences..”
https://news.adobe.com/press-release/creative-cloud/adobe-acquires-allegorithmic-leader-3d-editing-and-authoring-gaming
Microsoft acquires Citus Data, re-affirming its commitment to Open Source and accelerating Azure PostgreSQL performance and scale
San Francisco - 24th January 2019 - Microsoft has announced that it has acquired Citus Data, a company focused on making PostgreSQL databases faster and more scalable. Citus’ open-source PostgreSQL extension essentially turns the application into a distributed database. Rohan Kumar, Corporate VP of Microsoft’s Azure Data, said in the company announcement: “I am incredibly excited to welcome the high-caliber Citus Data team to Microsoft! Working together, we will accelerate the delivery of key, enterprise-ready features from Azure to PostgreSQL and enable critical PostgreSQL workloads to run on Azure with confidence. We continue to be energized by building on our promise around Azure as the most comprehensive cloud to run open source and proprietary workloads at any scale and look forward to working with the PostgreSQL community to accelerate innovation to customers.”
https://blogs.microsoft.com/blog/2019/01/24/microsoft-acquires-citus-data-re-affirming-its-commitment-to-open-source-and-accelerating-azure-postgresql-performance-and-scale/
Dropbox to Acquire HelloSign for $230 Million Cash
San Francisco – 28th January 2019 - Dropbox, Inc. a global collaboration platform, has announced it has entered into a definitive agreement to acquire HelloSign, an eSignature and document workflow platform with more than 80,000 customers. “With over an exabyte of data on our platform, millions of people already use Dropbox as a place to collaborate on their most important content,” said Dropbox Co-founder and Chief Executive Officer Drew Houston. “We’re thrilled to welcome HelloSign’s talented team to Dropbox and add their capabilities to our product suite. HelloSign has built a thriving business focused on eSignature and document workflow products that their users love. Together, we can deliver an even better experience to Dropbox users, simplify their workflows, and expand the market we serve.” Under the terms of the agreement, Dropbox will acquire HelloSign for $230 million in cash, subject to customary purchase price adjustments and closing conditions. The acquisition is expected to close in Q1 2019.
https://dropbox.gcs-web.com/news-releases/news-release-details/dropbox-acquire-hellosign
The Carlyle Group acquires majority stake in SER Group, a European ECM software provider
Bonn, Germany – 28th January 2019 - Global alternative asset manager, The Carlyle Group, has announced it has acquired a majority stake in SERgroup GmbH (SER), a European Enterprise Content Management solutions (ECM) software company based in Bonn, Germany. Underlining their commitment to continuity, the selling shareholders will retain a significant minority stake in SER. Further details were not disclosed. The transaction has been approved by the relevant antitrust authorities. Founded in 1984 and headquartered in Bonn, Germany, SER is committed to innovation, highly customizable and scalable solutions, and excellent client service. SER began as a provider of electronic archiving and has grown into a supplier of state-of-the-art ECM solutions to companies throughout Europe. Carlyle’s investment will support SER’s management team as it implements its growth plans.
https://www.carlyle.com/media-room/news-release-archive/carlyle-group-acquires-majority-stake-ser-group-european-ecm
Berkshire Partners to Invest in Teraco
Johannesburg, South Africa - 24th January 2019 - Teraco Data Environments, a provider of colocation datacentre infrastructure, has announced that Berkshire Partners LLC, a Boston-based investment firm, has entered into a definitive agreement to acquire a majority stake in the company. The Permira funds, an existing shareholder, will remain a significant investor. The datacentre market in Africa is poised for continued strong growth with increasing demand for global applications, content and the accelerating adoption of cloud services. Teraco has built a strategic position to capture this regional opportunity as a trusted and secure partner with resilient datacentre facilities built to international standards. Larry Hamelsky, a Managing Director at Berkshire Partners, said, “We believe that Teraco is exceptionally well-positioned to capitalize on the fast growth of the Sub-Saharan datacentre infrastructure market given its highly interconnected ecosystems, well-designed facilities and ability to offer a wide array of deployments..”
https://www.teraco.co.za/news/berkshire-partners-to-invest-in-teraco/
SAP Completes $8 Billion Acquisition of Qualtrics
Walldorf, Germany – 23rd January 2019 - SAP SE has announced that it has completed its previously announced acquisition of Qualtrics International Inc. Qualtrics is the global pioneer of the experience management (XM) software category that enables organizations to thrive in today’s experience economy. The combination accelerates the new XM category by combining Qualtrics’ experience data with operational data from SAP software to power the economy. SAP and Qualtrics will offer businesses the means to deliver exceptional customer, employee, product and brand experiences. Ryan Smith will continue to lead Qualtrics, which will retain its current leadership, personnel branding and company culture and operate as an entity within the Cloud Business Group at SAP. Qualtrics will continue to maintain dual headquarters in Provo, Utah, and Seattle, Washington.
https://news.sap.com/2019/01/sap-completes-qualtrics-acquisition/
AMCS Announces Acquisition of Recy Sytems
Limerick, Ireland – 21st January 2019 - AMCS, a supplier of integrated software and vehicle technology for the waste and recycling sector, has announced the acquisition of German recycling and waste management software specialist, Recy Systems. Recy’s customers include some of the world’s largest and most complex recycling companies. AMCS’ existing solution portfolio will be further strengthened by Recy’s world-class suite of software, including its state-of-the-art functionality for managing complex stock inventory and valuation requirements. Recy’s sector-specific model ensures that its products are designed exclusively for the waste, recycling and material trading industry, covering steel scrap, non-ferrous metals, paper, wood, glass, plastic, textiles and electronics. Commenting on the acquisition, AMCS CEO Jimmy Martin, said; “The global metal recycling market is certainly shaping up to be an exciting place in which to operate in the coming years. Its dynamic nature and the high degree of complexity involved, will undoubtedly mean that it will benefit from an increased and accelerated adoption of technology. Our continued investment in this market has resulted in a scalable platform that can meet the needs of customers across the globe..”
https://www.recy-systems.com/en/news-reader/amcs-announces-acquisition-of-recy-sytems.html
Coreview Acquires Termset to Strengthen Security Capabilities for Enterprises
Atlanta – 21st January 2019 — CoreView, a SaaS management platform (SMP) for Office 365, has announced that it has signed a definitive agreement to acquire TermSet, a privately held company based in the United Kingdom. TermSet provides solutions that unlock the information inside documents by using Natural Language Processing (NLP) based on Artificial Intelligence (AI). Customers use the solutions to manage GDPR-sensitive data and improve discoverability and productivity. This acquisition strengthens CoreView’s ability to help organizations ensure security, enforce compliance and streamline operations. “The AI and NLP capabilities that TermSet has built are the future of technology in the cloud computing world,” said David Moran, CEO of CoreView. “We’re thrilled to be the first to bring these capabilities to our Office 365 customers and solve a number of problems including ensuring compliance with GDPR and other regulatory frameworks, improving employee productivity, and removing the burden from users and the IT team. The ability to monitor compliance across all internal and external departments, and automate the process going forward has become a necessity.”
https://www.coreview.com/news/coreview-acquires-termset/
Temasek-Owned ST Telemedia (STT) Acquires Majority Stake in Cloud Comrade
Singapore - 24th January 2019 - Singapore-based investment firm Temasek’s, ST Telemedia, has boosted their multi-cloud capabilities with the acquisition of a majority stake in Cloud Comrade. With the acquisition, ST Telemedia seeks to expand its reach across Malaysia and Indonesia’s growing cloud markets. The APAC region is growing quickly as a market for cloud services, as governments and enterprises embrace digital transformation to accelerate workloads. Andy Waroma, co-Managing Director at Cloud Comrade said that the acquisition will open up new business opportunities and market segments that were previously closed to both companies. With STT as an investor, Cloud Comrade can leverage STT’s expertise, resources, international network and growing portfolio of infrastructure software solutions to pursue market opportunities, accelerate customer expansion, and enhance customer offerings, the companies added.
https://www.sttelemedia.com/
