HPE announced it was buying Cray for $1.3 billion, giving it access to the company’s high performance computing portfolio, and perhaps a foothold into quantum computing in the future. The purchase price was $35 a share, a $5.19 premium over yesterday’s close of $29.81 a share. Cray was founded in the 1970s and for a […]
SugarCRM announced today that it has acquired Atlanta-based Salesfusion to help build out the the marketing automation side of its business. The deal closed last Friday. The companies did not share the purchase price. CEO Craig Charlton, who joined the company in February, says he recognized that marketing automation was an area of the platform […]
Global M&A activity is exploding. The value of transactions in the first 8 months of 2018 reached $3.3 trillion worldwide, and the market can expect another record-setting year in 2019.
With news that the We Company (formerly known as WeWork) has officially filed to go public confidentially with the SEC today, there’s a big question on everyone’s mind: is this the next massive startup win or a house of cards waiting to be toppled by the glare of the public markets? No company I follow has […]
MongoDB announced today that is acquiring Realm, an open source database geared for mobile applications. The startup raised over $40 million before being acquired, but the companies did not share the purchase price. It’s the kind of acquisition that makes a lot of sense. Both companies are built on the premise that data is the […]