acquisition
Syntellis, an enterprise performance management provider, sells for $1.25B
Roper Technologies, a lesser-known company that creates engineering products for niche markets, this morning announced that it acquired Syntellis Performance Solutions, a provider of enterprise performance management software, for $1.25…
Observability and security platform Dynatrace today announced that it plans to acquire Rookout, a Tel Aviv-based observability startup that focuses on helping developers troubleshoot and debug their code in production.…
eBay acquires AI-powered product authentication company Certilogo
eBay announced today that it has closed its acquisition of Certilogo, a company that provides AI-powered apparel and fashion goods digital IDs and authentication. The financial terms of the deal…
Should you move to a new state for tax savings before selling your startup?
As tempting as it may be, you can’t keep a foothold in Silicon Valley while dipping your toe in the Gulf Coast — and still save on taxes.
DigitalOcean acquires cloud computing startup Paperspace for $111M in cash
DigitalOcean, the cloud hosting business, today announced that it’s agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. DigitalOcean CEO Yancey…
Infrastructure automation company HashiCorp today announced that it has acquired code security startup BluBracket. Founded by the team behind Vera Security, BluBracket raised a $12 million Series A round led…
Socure acquires identity verification startup Berbix for $70M
Socure, the identity verification service that raised a massive $450 million Series E round at a $4.5 billion valuation during the heady fundraising days of late 2021 (and $100 million…
Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash
Thomson Reuters has entered into a definitive agreement to acquire Casetext, a Y Combinator–backed legal tech startup. The deal, valued at $650 million in cash, is expected to close in…
ThoughtSpot acquires Mode Analytics, a BI platform, for $200M in cash and stock
ThoughtSpot, an AI-powered analytics platform last valued at $4.5 billion, today announced that it’s entered into a definitive agreement to acquire Mode Analytics, a business intelligence startup, for $200 million…
Featured Article
Deal Dive: Why this startup chose to sell itself over raising a Series A
Heroes Jobs realized that its user acquisition costs were too high to be successful as a solo company and decided to partner.
Databricks today announced that it has acquired Okera, a data governance platform with a focus on AI. The two companies did not disclose the purchase price. According to Crunchbase, Okera…
Apple has acquired a startup, WaveOne, that was developing tech to compress videos for more efficient streaming.
Web development platform Netlify today announced that it has acquired its competitor Gatsby, the company behind the opensource GatsbyJS framework. Gatsby, which had raised a total of $46.8 million, including…
If, and only if, McDonald’s had an appetite for acquisitions
Welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. I’m back, I’m drinking an…
Stripe eyes an exit, Dell bets on the cloud, and Shutterstock embraces generative AI
Hey, party people, it’s Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno about y’all, but it’s been a…
Container management platform Mirantis, which you may remember from its OpenStack days and from acquiring Docker Enterprise in 2019, today announced that it has acquired Shipa, a startup that builds…
One of the most remarkable things about construction robotics is the sheer breadth of tasks that can potentially be automated. As I’ve noted before, the entire category is a prime…
McKinsey, eyeing the MLOps space, buys Tel Aviv–based Iguazio
The same day Microsoft invested billions in OpenAI, McKinsey snatched up enterprise-focused AI firm Iguazio for a relative steal. The consulting giant reportedly paid around $50 million for Iguazio, a…
Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B
Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software used…
IonQ acquires quantum networking specialist Entangled Networks
IonQ, the trapped ion quantum computing company that went public via a SPAC in late 2021, today announced that it has acquired Entangled Networks, a Toronto-based startup that helps industrial…
Fidelity, which was among the group of outside investors that helped Elon Musk finance his $44 billion takeover of Twitter, has slashed the value of its stake in Twitter by…
Dropbox buys form management platform FormSwift for $95M in cash
Dropbox today announced that it’s acquired FormSwift, a cloud-based platform designed to help businesses build, edit, approve, share and print custom personalized documents. Under the terms of the agreement, which…
Alphabet’s Intrinsic acquires DARPA-backed firm behind open source robotics software
Just a few months after buying fellow robotic software firm Vicarious, Alphabet-owned Intrinsic has acquired several divisions within Open Robotics, the company behind the widely used robotics software packages Gazebo…
Microsoft acquires startup developing high-speed cables for transmitting data
Microsoft today announced that it acquired Lumenisity, a U.K.-based startup developing “hollow core fiber (HCF)” technologies primarily for data centers and ISPs. Microsoft says that the purchase, the terms of…
Mozilla acquires Active Replica to build on its metaverse vision
An automated status updater for Slack isn’t the only thing Mozilla acquired this week. On Wednesday, the company announced that it snatched up Active Replica, a Vancouver-based startup developing a…
Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons. In a post on Evernote’s newsroom, Evernote CEO Ian…
Remix, a startup developing an open source web framework similar to Next.js, has been acquired by Shopify, the companies announced in a joint statement today. The financial terms weren’t disclosed,…
Four years after being acquired by Microsoft, GitHub keeps doing its thing
It’s been four years to the day since Microsoft closed its acquisition of GitHub, which at the time was mostly a code repository. Today’s GitHub looks quite a bit different,…
Spotify acquires content moderation tech company Kinzen to address platform safety issues
Spotify this morning announced it’s acquiring Dublin, Ireland-based content moderation tech company Kinzen, which had been working in partnership with the streamer since 2020. Deal terms were not disclosed. At…
Naver, the South Korean search giant, today announced it plans to acquire secondhand apparel marketplace Poshmark for $1.2 billion in cash. The deal values publicly traded Poshmark’s shares at $17.90…
