Everbridge picked up by non-public fairness big Thoma Bravo — Thoma Bravo’s bid for vital occasion administration software program supplier Everbridge, initially introduced in February, rose to $1.8 billion earlier than closing firstly of March. Everbridge’s know-how is finest recognized for its mass communication options enabling organizations to shortly unfold the phrase in case of significant occasions like pure disasters or violent assaults.
Cisco finalizes large Splunk acquisition — Cisco’s $28 billion acquisition of machine information consultants Splunk lastly handed regulatory muster within the US and EU and closed on March 18. The networking big payments the acquisition as a method to join extra individuals, purposes and gadgets to enterprise information shops, whereas concurrently providing improved safety.
Perforce absorbs information virtualization and testing agency Delphix — Perforce, a supplier of enterprise developer software program, has acquired data virtualization and masking technology provider Delphix for an undisclosed sum. Analysts stated that the transfer is a part of Perforce’s makes an attempt to create a extra built-in, end-to-end developer platform for DevOps groups, due to Delphix’s means to make testing simpler by means of virtualization and masking out personally identifiable data utilized by purposes.
February 2024
KKR nabs ex-VMware divisions from Broadcom in $4 billion deal — Personal fairness agency KKR acquired Broadcom’s Finish-Person Computing Division (which is made up of former VMware enterprise models) for $4 billion in a deal introduced on the finish of the month. Flagship merchandise which were acquired by KKR embody desktop and utility virtualization resolution Horizon, in addition to unified endpoint administration platform Workspace ONE.
FTC continues rearguard motion in opposition to Microsoft’s $68.7 billion bid for Activision Blizzard — The US Federal Commerce Fee continues to be making an attempt to reverse Microsoft’s acquisition of video games developer Activision Blizzard, which Microsoft introduced it had closed in October. On Dec. 6, the FTC requested an appeals courtroom in California to overturn a decrease courtroom resolution permitting the deal to go forward, and on Feb. 7 wrote to the court protesting that Microsoft had began laying off staff at the newly acquired division on Jan. 25, contradicting statements the corporate had made to the courtroom.
Activision Blizzard’s apps aren’t usually approved on enterprise networks, however when the deal was first introduced, it appeared there was an opportunity its know-how for creating and animating digital worlds might make it into the office. Again then, Microsoft stated the acquisition would give it the building blocks for the metaverse. Nevertheless, since then Microsoft has laid off 100 workers in its industrial metaverse unit, primarily closing it down.
January 2024
Accenture nabs Navisite in newest 2024 acquisition — Navisite, the Massachusetts-based digital transformation companies supplier, was snapped up for an undisclosed value by Accenture as a part of the skilled companies firm’s transfer to assist its purchasers get able to undertake generative AI. A complete of 1,500 staff from Navisite will join Accenture’s infrastructure engineering practice, amongst them 400 cloud engineers with deep expertise throughout cloud suppliers and enterprise applied sciences.
InSemi to turn into a part of Infosys in semiconductor deal — IT companies consulting agency Infosys introduced plans in early January to buy InSemi, a semiconductor and embedded services design company, for an undisclosed quantity. Infosys expects InSemi’s experience will allow it to supply stronger AI and engineering R&D choices to its prospects, given the centrality of silicon to new applied sciences together with AI, 5G, and quantum computing.
IBM to purchase extra mainframe experience from Superior — IBM is shopping for mainframe utility and information modernization belongings from Superior, a UK firm that boasts intensive expertise in mainframe technique. IBM will fold the team into its consulting business. Mainframes are nonetheless surprisingly widespread, and plenty of corporations — together with among the largest banks on the earth — are depending on them for core transaction processing capabilities. Phrases of the deal weren’t disclosed.
M&A offers, 2023
December 2023
Alteryx agrees to be purchased by two funding funds — Analytics cloud platform Alteryx goes non-public. It has agreed to be acquired by Clearlake Capital and Perception Companions in a deal valued at $4.4 billion. Alteryx CEO Mark Anderson stated the deal will present the corporate with elevated working capital and entry to trade experience to develop. Clearlake already owns stakes in a variety of enterprise know-how corporations, together with Kofax, Metricstream, Perforce, and Exactly. Perception’s portfolio contains Augury, Camunda, Docker, and Veeam.
Silver Lake sells components of Software program AG to IBM — IBM has agreed to buy the StreamSets and webMethods integration-platform-as-a-service enterprise know-how platforms from Software program AG for $2.13 billion. It’s an odd transfer for Software program AG — its CEO recently put the “super iPaaS” at the very heart of his strategy — however nice information for shareholder Silver Lake, which purchased a majority stake in July in a deal valuing the entire firm at $2.4 billion. The sale will depart Software program AG with 4 principal product strains: Aris for enterprise course of mining; Alfabet for managing IT transformation; Cumulocity for IoT, and Adabas & Pure, its legacy mainframe modernization programming languages. For IBM, the thought seems to be to bolster its worth proposition for WatsonX AI, enabling the corporate to deploy it quicker in industries depending on large-scale multi-cloud and hybrid-cloud environments.
Salesforce buys Spiff to spiff up compensation monitoring capabilities — Salesforce has agreed to purchase Spiff, a developer of software program for monitoring gross sales commissions. It plans to combine it into its Gross sales cloud platform to boost its efficiency administration performance. Nearly all of Spiff’s prospects use Salesforce as their CRM, and its software program is offered by means of Salesforce’s AppExchange.
ServiceNow expands course of mining with Final acquisition — ServiceNow has purchased one other firm — and regardless of its title, it certainly gained’t be the final — to broaden the method mining capabilities of its Now Platform. UltimateSuite’s process mining software program analyses keystrokes and mouse clicks to determine automation alternatives and streamline repetitive work.
Adobe abandons Figma deal after working into regulatory bother — Adobe has given up on its plan to purchase Figma, one of many largest rivals to its on-line design software Artistic Cloud, after working into resistance from competitors regulators. On Aug. 7 the European Fee referred to as in Adobe’s September 2022 settlement to purchase Figma for $20 billion for a full investigation, however it was Adobe’s refusal to adjust to treatments required by the UK Competitors and Markets Authority that lastly killed the deal. Figma is extra typically seen within the artwork division than the IT division, however with Adobe additionally an enormous participant in buyer information platforms, CIOs will likely be relieved the corporate gained’t be getting a good greater maintain on their cloud software program spend.
Cognizant buys Thirdera to spice up its ServiceNow capabilities — IT outsourcer Cognizant has snapped up Thirdera, a ServiceNow accomplice primarily based in Colorado, and added virtually 1,000 staff to its workforce of just about 350,000. Of explicit curiosity was Thirdera’s in-house on-line coaching platform, Thirdera College, which Cognizant plans to make use of to coach up its personal workers.
Inetum buys one other ServiceNow accomplice, Unifii — There’s extra consolidation within the ServiceNow ecosystem: French IT companies firm Inetum has snapped up Unifii, a ServiceNow accomplice working within the UK and Eire, giving it a complete of round 500 ServiceNow consultants lively in Europe.
Nintex buys Skuid so as to add low-code to its course of automation software — Course of intelligence and automation specialist Nintex has agreed to purchase Skuid, developer of a low-code software utilized by 600 corporations to construct enterprise purposes. It plans to mix Skuid’s platform with its personal.
Perception acquires Google Cloud accomplice SADA — IT companies firm Perception Enterprises has expanded its multicloud capabilities with the acquisition of cloud advisor SADA. The deal provides 850 Google Cloud consultants to Perception’s 14,000-strong workforce. Perception already works with Microsoft Azure and AWS.
November 2023
OpenText sells a part of its Micro Focus acquisition to Rocket Software program — OpenText swallowed Micro Focus in a $5.8 billion deal that closed in January 2023 — however it couldn’t digest an enormous chunk of it: the applying modernization and connectivity (AMC) enterprise that accounted for 18% of Micro Focus income in 2022. Now it has handed the AMC enterprise on to Rocket Software program, a specialist in mainframe modernization, for $2.28 billion. Rocket has already made a few smaller acquisitions this 12 months, and in July misplaced a bidding battle for Software program AG, which has a considerable utility modernization portfolio of its personal.
Broadcom closes VMware acquisition — Broadcom secured the last remaining needed for its $69 billion acquisition of VMware from Chinese language regulators, a month after its self-imposed deadline of Oct. 30, the tip of its fiscal 12 months. It celebrated by shedding 1200 VMware staff and ditching the corporate’s end-user computing and safety companies to give attention to creating private and hybrid cloud environments for big enterprises.
Blackstone buys Civica for $2.5B — Blackstone has acquired UK software program developer Civica from Companions Group for $2.5 billion. (Blackstone additionally owns CIO.com’s writer, Foundry.) Civica develops purposes for state and native governments together with analytics, workflow automation, and workforce and monetary administration.
Mainline Info Methods joins HIG — Funding fund HIG Capital has picked up Tallahassee-based IT companies firm Mainline Info Methods. The fund already holds stakes in dozens of different tech corporations, together with different IT companies specialists equivalent to Boston-based ECI or Basic DataTech in Dallas, and ecosystem integration software program vendor Cleo.
KPMG provides Salesforce experience in Europe — KPMG is rising its enterprise software program footprint in France. It has acquired French Salesforce specialist iCom Cloud, including 100 consultants to its workforce. It has additionally simply closed its acquisition of Censio Karamba! with 200 SAP consultants, and final 12 months purchased SilverProd, a specialist in Microsoft Dynamics.
Aptean buys one other transportation software program firm — Aptean, a supplier of area of interest enterprise purposes for vertical markets, has added one other transportation administration utility to its portfolio with the acquisition of UK-based 3T Logistics & Expertise Group.
PagerDuty calls on Jeli for assist with incident-management — Operations administration specialist PagerDuty is increasing its cloud-based companies with the acquisition of the Jeli.io platform. It plans to combine it with the remainder of the PagerDuty Operations Cloud to supply extra evaluation and studying capabilities round incident administration.
SAP provides LeanIX to its software program portfolio — SAP has added enterprise architecture management specialist LeanIX to its software program steady. SAP is hoping that LeanIX’s AI-powered software may also help prospects move off its legacy ERP system and onto S/4HANA in the cloud. Latest analysis by LeanIX confirmed that solely 12% of SAP prospects have accomplished their transfer to the cloud, eight years after S/4HANA was launched and simply 4 years earlier than SAP ends mainstream assist for its predecessor, ECC6.
Exterro buys Divebell for information discovery — Authorized governance, danger and compliance software program developer Exterro has acquired Divebell, supplier of a knowledge discovery service. Exterro plans to mix its current companies with Divebell’s as a single platform.
ISG buys Ventana Analysis — Info Providers Group, a know-how advisory agency, has acquired Ventana Analysis and its database monitoring greater than 2,000 software program distributors. The businesses present instruments to assist CIOs consider software program and SaaS suppliers.
Atlassian pays virtually $1B for Loom — Atlassian, the developer of labor administration instruments equivalent to Jira, Confluence, and Trello, has acquired video messaging plaatform Loom for $975 million in inventory and money. It’s betting huge that staff will desire to ship each other asynchronous video messages fairly than textual content.
October 2023
Oracle acquires subject service administration add-on for NetSuite — Oracle has purchased Subsequent Technik, the developer of a field-service administration utility, and plans to include the add-on into NetSuite, its mid-market cloud ERP suite. It’s rebranding the product as Area Service Administration by NetSuite and can start promoting the product instantly quickly. For now, it’s obtainable by means of Subsequent Technik within the US, UK, Australia and Canada.
AMD acquires AI software program firm Nod.ai — Chipmaker AMD is taking a leaf out of rival Nvidia’s playbook with the acquisition of AI software program developer Nod.ai for an undisclosed sum. Nvidia has turned itself into a trillion-dollar company by constructing a full stack of generative AI fashions, instruments to create them, and {hardware} to run them. In distinction to Nvidia’s proprietary software program method, AMD is pinning its hopes on an open-source strategy to drive demand for its hardware.
September 2023
Cisco closes acquisition of Accedian — Accedian, the developer of the Skylight efficiency analytics platform for monitoring multi-cloud, multi-vendor networks, is now a part of Cisco. For the final six years it has been majority-owned by Bridge Development Companions, which additionally holds stakes in enterprise information administration firm Syniti and occasion dealer vendor Solace.
Akeneo buys Unifai to scrub up product catalogs — Product information management (PIM) specialist Akeneo has acquired Unifai, which makes use of AI for information assortment, cleaning, and categorization. Akeneo plans to roll Unifai’s instruments into its Product Cloud providing, the place it would assist with provider information onboarding and pricing integration.
Rocket Software program integrates tcVision developer BOS —Rocket Software program, the corporate that misplaced out in July’s bidding battle for Software program AG, has landed on one other acquisition goal. On Sept. 7, it purchased BOS, a German developer of information integration instruments, together with tcVision, which has been renamed Rocket Information Replicate and Sync. The deal will assist Rocket spherical out its portfolio of mainframe modernization instruments.
August 2023
IFS buys Falkonry to spice up its ERP asset administration companies — IFS has agreed to acquire Falkonry, developer of an AI-based time-series information analytics software. IFS plans to include it into its ERP platform to spice up its enterprise asset administration (EAM) companies capabilities.
IBM affords $4.6 billion for Apptio — IBM has bought cloud value management specialist Apptio from non-public fairness agency Vista, which has owned it since 2018. IBM plans to roll Apptio’s providing into its IT automation portfolio — AIOps, Instana and Turbonomics, — to assist enterprises optimize each utility value and utility efficiency from a single management heart. The acquisition additionally provides IBM entry to anonymized information on $450 billion of IT spending that it could use to coach AI instruments for additional optimization.
ServiceNow companions in Scandinavia and Germany merge — The Cloud Individuals (TCP), a ServiceNow accomplice primarily based in Norway, has acquired its German counterpart Nuvolax. The deal nets TCP a supply heart in Brazil, giving it 24-hour service protection and opening up entry to the US market, the place it has progress ambitions.
July 2023
Teradata acquires Stemma to boost analytics — Teradata has bought Stemma, the three-year-old developer of an AI-based information exploration software, to speed up its Vantage self-service analytics platform.
ServiceNow buys retail information platform G2K — ServiceNow isprinkled some extra AI magic on its automation of workflows within the retail trade. It has bought G2K, the developer of the Parsifal information platform, which the corporate says can analyze the motion of consumers and merchandise round shops.
Databricks buys MosaicML for $1.3 billion — Generative AI is a sizzling commodity today, and Databricks for one can’t get sufficient of it. Along with creating its personal giant language mannequin (LLM) primarily based on open information, Dolly, it has now acquired MosaicML, the creator of two open supply fashions, MPT-7B and MPT-30B. With the acquisition, Databricks hopes to make it simpler for enterprises to build large language models primarily based on their very own information.
Silver Lake buys majority stake in Software program AG — Software program AG, the German maker of instruments for managing IoT information, APIs, and legacy mainframe apps, seems to be set to turn into a part of Silver Lake, which additionally owns stakes in Airtable, Celonis, Qualtrics and Splunk. The funding fund secured a 63% stake within the firm, valuing it at $2.4 billion, after a bidding battle that pitted it in opposition to mainframe modernization agency Rocket Software program. Previous to the deal, Software program AG’s largest shareholder was a basis, SAGST, created by one in every of its founders: SAGST’s 30% holding had for years protected the corporate from takeovers, however in April the muse agreed to promote most of its stake to Silver Lake. Sanjay Brahmawar, CEO of Software AG since August 2018, stated the corporate will profit from the steadiness and certainty offered by a single main shareholder.
June 2023
Silver Lake buys Qualtrics for $12.5 billion — Qualtrics has modified arms once more. SAP acquired it for $8 billion in 2018, however the graft didn’t take, and SAP quickly offered a minority stake. Now Silver Lake and the Canada Pension Plan Funding Board have snapped up the whole company. The deal closed June 28. SAP will stay a go-to-market accomplice of Qualtrics and repair their joint prospects.
Information heart operator buys its method to a greener carbon footprint — Information heart operator nLighten has purchased Euclyde, proprietor of six information facilities in neighboring France. One in every of nLighten’s objectives with the acquisition is to scale back its carbon footprint: in France 70% of electrical energy comes from nuclear energy stations, whereas in nLighten’s dwelling nation, Germany, round one-third of it comes from coal, which has the best carbon depth of all electrical energy sources.
HCM vendor UKG buys payroll supplier Immedis — UKG’s cloud-based HCM software program already delivers a variety of capabilities to some enterprise HR departments. Now it’s now including to these capabilities with the acquisition of Immedis, which helps enterprises and mid-size corporations working in a couple of nation to handle payroll throughout borders. UKG plans to combine the brand new performance into its software program suite as UKG One View later this 12 months.
IBM buys French cloud companies agency Agyla — Seeking to enhance its providing for French purchasers, IBM has agreed to purchase Agyla, a supplier cloud platform engineering companies. It plans to include Agyla into its IBM Consulting division.
Could 2023
Survey firm Momentive says sure to STG deal — Symphony Expertise Group has closed its acquisition of Momentive (previously SurveyMonkey) for $1.5 billion. STG’s portfolio additionally contains ERP vendor CAI Software program and a stake in cybersecurity agency RSA.
Snowflake provides Neeva’s generative AI to its information warehouse platform — Snowflake has acquired Neeva, a small startup that used generative AI to enhance the search expertise. The deal got here simply days after Neeva closed its subscription-based, ad-free search engine. Constructing a search expertise individuals have been keen to pay for, whereas arduous, turned out to be the straightforward half, based on a farewell blog post from Neeva’s founders: “Convincing customers to pay for a greater expertise was truly a more easy downside in comparison with getting them to strive a brand new search engine within the first place.” Now it’s as much as Snowflake to persuade its prospects to vary.
IBM to automate cloud information safety with Polar Safety acquisition — Information safety posture administration specialist Polar Safety will quickly be a part of IBM, which plans to combine the Israeli firm into its Guardium vary of information safety merchandise. There, it would assist IBM prospects pinpoint safety dangers and compliance violations. IBM didn’t say how a lot it had paid for the corporate, however Israeli information website Tech12 put the price at $60 million.
Databricks buys Okera to maintain tabs on LLMs — Databricks has been encouraging enterprises to experiment with giant language fashions, providing one in every of its personal, Dolly, as open source. Now it’s providing its prospects a method to maintain such fashions beneath management with the acquisition of LLM governance specialist Okera.
April 2023
Ciphr provides variety with Marshall acquisition — Marshall E-learning, a supplier of variety and inclusion coaching, is now a part of Ciphr, a UK-based HR SaaS platform. Ciphr expects the deal will allow it to broaden its current on-line studying providing.
March 2023
Vista Fairness Companions buys insurance coverage software program agency Duck Creek — Vista’s newest acquisition is a $2.6 billion area of interest play: Duck Creek Applied sciences, a developer of specialist software program for the insurance coverage trade. The businesses say the deal will speed up Duck Creek’s transfer to the cloud, permitting it to scale up its enterprise.
Quantive buys AuxinOKR consulting agency — Following its acquisition of consulting agency AuxinOKR, technique execution platform Quantive is rolling out a brand new consulting division to assist enterprises adopting its instruments for measuring enterprise outcomes.
Quantexa is loving the Aylien — Quantexa has acquired Aylien, a Dublin-based pure language processing agency specializing in danger administration and market perception. It can use Aylien’s NLP abilities to boost its AI-based resolution intelligence instruments for the finance trade.
Capita lays off employment screening enterprise — Matrix SCM, a British IT staffing company, has acquired Safety Watchdog, a supplier of employment screening companies, from Capita, the large IT companies enterprise. It’s a part of a broader sell-off for Capita, which additionally let go of three different HR corporations in March: Capita Resourcing, HR Options, and ThirtyThree. Capita is promoting non-core companies to scale back its money owed, and refocus on public sector and buyer expertise work.
Key secures Rocket — Mainframe software program developer Rocket Software program has purchased mainframe safety specialist Key Assets. The deal will allow Rocket to supply extra security-related companies to the mainframe customers it really works with.
February 2023
Thomas Bravo manages $8 billion spend on Coupa Software program — Funding agency Thomas Bravo has acquired Coupa Software program, a supplier of enterprise spend administration instruments, in an $8 billion deal. Abu Dhabi Funding Authority has taken a minority stake. Thomas Bravo additionally owns enterprise funds firm BottomLine, open finance platform Solifi, information administration software Talend, and a raft of safety and identification administration software program corporations.
Arm sells software program arm — Processor designer Arm has offered Forge, its suite of software program improvement instruments for high-performance computing, to Linaro, which develops and helps a spread of different Arm-specific software program for enterprises. Arm initially acquired Forge in 2016 to assist its entry into the HPC market.
Accenture buys Morphus, provides new South American cybersecurity heart — With its acquisition of Brazilian cybersecurity and menace intelligence supplier Morphus, Accenture has added a brand new website from which to oversee its providing of managed safety companies and superior analytics. The cyber fusion heart in Fortaleza, Brazil, was beforehand Morphus Labs.
January 2023
OpenText buys Micro Focus for $5.8 billion — OpenText has closed its acquisition of Micro Focus, a vendor of mainframe modernization and utility portfolio administration instruments. OpenText’s first transfer on finishing the deal was to start shedding workers. It introduced an 8% discount in workforce to appreciate $400 million in annual value financial savings to assist finance the $5.8 million buy, which it first introduced in August 2022.
Dell buys Cloudify — After promoting off its stake in VMware, Dell is transferring again into the cloud software program enterprise with the acquisition of Cloudify. The Israeli startup has developed a cloud orchestration platform to assist devops groups automate provisioning.
McKinsey buys machine MLops platform Iguazio — McKinsey is including to its steady of machine studying consultants with the acquisition of software program developer Iguazio. In time, it plans to combine it into QuantumBlack, a McKinsey enterprise unit that’s specialised in AI for the final decade. Iguazio is the developer of a business MLops platform and two open-source instruments: MLRun, for ML pipeline orchestration, and Nuclio, which affords real-time serverless capabilities to automate utility deployment.
HPE buys Pachyderm to automate ML improvement — Pachyderm, a developer of information pipeline automation instruments used to coach machine studying fashions, is now a part of Hewlett-Packard Enterprise. The corporate’s software program will turn into a part of the HPE Machine Studying Growth Setting.
Quantum fusion: IonQ ties up with Entangled Networks — With every of the handful of corporations creating quantum computer systems betting on a special structure, a cross-platform quantum computing working system continues to be approach off. That’s why quantum {hardware} corporations like IonQ are creating their very own software program instruments, too. To hurry up the method, IonQ has acquired Entangled Networks, a developer of software program optimization instruments for quantum computer systems, and is constructing a brand new Canadian subsidiary across the software program group.
Two ServiceNow companions tie the knot — ServiceNow options supplier Thirdera has acquired one other ServiceNow accomplice, SilverStorm Options, to broaden its attain in Europe. Thirdera additionally operates in South America and, mixed, the 2 ServiceNow Elite-level companions have over 900 staff.
For extra enterprise merger & acquisition exercise, see our trackers from 2022 and 2021.
