Jul
27
2017
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Mitel to buy ShoreTel for $430 million to create unified communications powerhouse

Streaks of colored lights race beneath the clouds and over an urban scene in a metaphor for cloud computing and communications technology. Sometimes combining two companies that compete in the same market provides a quick way to leapfrog your market share. That was likely the thinking behind Mitel’s decision to buy ShoreTel this morning for $430 million. Combining the two companies catapults Mitel to number two in the Unified Communications as a Service (UCaaS) market, according to the company. As for ShoreTel, while it… Read More

Jul
26
2017
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OpenText acquires forensic security vendor Guidance Software for $240 million

 OpenText, the content management company based in Waterloo, Ontario announced today that it was buying Guidance Software, a forensic security and eDiscovery vendor for $240 million.
OpenText agreed to pay Guidance shareholders $7.10 a share. The price will be less Guidance’s cash on hand of approximately $18 million, making the final price just around $222 million, according to OpenText. Read More

May
10
2017
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Zuora to acquire Leeyo to help customers cope with upcoming accounting rules changes

Subscription on smartphone Zuora, the company that helps customers deal with subscription billing, and counts cloud companies like Box, Okta and DocuSign as customers, announced its intent to acquire Leeyo Software, Inc., a privately funded, boot-strapped startup that helps automate revenue recognition. The company did not reveal a purchase price. Leeyo is not just any revenue recognition company, though, because it… Read More

May
01
2017
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Collaboration software company Jive to be acquired by Aurea for $462 million

Jive at IPO in 2011 Jive, a community collaboration software company that was one of the biggest Enterprise 2.0-era success stories, going public in 2011, announced today it had agreed to be acquired by ESW Capital’s Wave Systems for $462 million. It will become part of the Aurea family of companies. Read More

Apr
18
2017
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Microsoft acquires Intentional Software and brings old friend back into fold

 Microsoft announced today that it was acquiring Bellevue-based Intentional Software for an undisclosed amount of money. With the purchase, Charles Simonyi, Intentional founder, Chairman, and CTO, who helped develop some of Microsoft’s famous Office tools like Excel and Word returns to Microsoft. Simonyi left Microsoft in 2002 to launch Intentional. While it’s not crystal clear… Read More

Mar
28
2017
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Industrious buys PivotDesk, raises $25M to be WeWork without startup bros

 In the recruiting wars, a cool office is critical. Not just for scrappy startups, but big businesses with regional HQs, as well. So while WeWork signs questionable 20-year leases to provide desks for twenty-something engineers, Industrious is taking a more classy and conservative approach to coworking space. Read More

Mar
08
2017
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Google confirms its acquisition of data science community Kaggle

 Google today said it is acquiring Kaggle, an online service that hosts data science and machine learning competitions, confirming what sources told us when we reported the acquisition yesterday. The company made the announcement at its Google Cloud Next conference this morning in San Francisco, while not disclosing the terms of the acquisition. But it’s not all that surprising that… Read More

Mar
06
2017
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Amazon’s AWS buys Thinkbox Software, maker of tools for creative professionals

 It looks like AWS, Amazon’s cloud computing arm, has made another acquisition to add more productivity tools for its customers beyond basic cloud-computing services. It has picked up Thinkbox Software, which develops and sells solutions for media design and content creation aimed at people in the video and wider visual media industries. Examples of services that Thinkbox already… Read More

Jan
25
2017
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Cisco-AppDynamics $3.7 billion deal all about the data

Cisco headquarters. When Cisco bought AppDynamics last night for $3.7 billion, it was initially a bit of a shocker, partly because of the timing, just days before the startup was scheduled to IPO. While the acquisition was clearly part of a longer term strategy by Cisco to shift focus from its hardware business to one based more on cloud software, at its core, the deal was a pure data play. Data has taken… Read More

Jan
19
2017
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Oracle boosts cloud offering with Apiary API management tool acquisition

Oracle Office Buildings at Silicon Valley Headquarters (Photo by ?? Christopher J. Morris/CORBIS/Corbis via Getty Images) Oracle acquired API management startup Apiary today for an undisclosed amount. Apiary, which launched in 2011 and has raised a modest $8.5 million, helps companies manage APIs, which is an increasingly important job. As every company becomes a software company, they are building platforms and providing ways for customers and third-parties to build applications using their technologies.… Read More

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