What will Tumblr become under the ownership of tech’s only Goldilocks founder?

This week, Automattic revealed it has signed all the paperwork to acquire Tumblr from Verizon, including its full staff of 200. Tumblr has undergone quite a journey since its headline-grabbing acquisition by Marissa Mayer’s Yahoo in 2013 for $1.1 billion, but after six years of neglect, its latest move is its first real start since […]

Why chipmaker Broadcom is spending big bucks for aging enterprise software companies

Last year Broadcom, a chipmaker, raised eyebrows when it acquired CA Technologies, an enterprise software company with a broad portfolio of products, including a sizable mainframe software tools business. It paid close to $19 billion for the privilege. Then last week, the company opened up its wallet again and forked over $10.7 billion for Symantec’s […]

How lawyers help bring your acquisition deal to fruition

Last week when Salesforce announced it was buying ClickSoftware for $1.35 billion you might not have realized it, but the law firm Shearman & Sterling was advising Salesforce throughout the deal. In fact, there are lawyers involved in every transaction of this sort from the initial call to the closing. As you would expect, there […]

Salesforce is acquiring ClickSoftware for $1.35B

Another day, another Salesforce acquisition. Just days after closing the hefty $15.7 billion Tableau deal, the company opened its wallet again, this time announcing it has bought field service software company ClickSoftware for a tidy $1.35 billion. This one is designed to beef up the company’s field service offering under the Service Cloud umbrella. In […]

Just Eat and Takeaway.com reach agreement to gobble each other

The boards of Just Eat and Takeaway.com have reached agreement to combine their two European food delivery businesses. The pair of publicly listed companies announced they were in talks to combine their businesses a week ago, saying then that talks were at an advanced stage. Today they said their boards have reached agreement on the […]

DoorDash is buying Caviar from Square in a deal worth $410 million

DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar . DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, the […]

Why AWS gains big storage efficiencies with E8 acquisition

AWS is already the clear market leader in the cloud infrastructure market, but it’s never been an organization that rests on its past successes. Whether it’s a flurry of new product announcements and enhancements every year, or making strategic acquisitions. When it bought Israeli storage startup E8 yesterday, it might have felt like a minor […]

Salesforce closes $15.7B Tableau deal

In an amazingly quick turn-around for a deal of this scope, Salesforce announced today that it has closed the $15.7 billion Tableau deal announced in June. The deal is by far the biggest acquisition in Salesforce history, a company known for being highly acquisitive. A deal of this size usually faces a high level of […]

Amazon-backed food delivery startup Deliveroo acquires Edinburgh software studio Cultivate

As two of the largest players in online-food ordering and delivery in Europe work on a $10 billion merger to expand their footprint and economies of scale, one of its biggest rivals has made an acquisition to expand its own tech muscle. Deliveroo, the London-based food delivery startup backed by Amazon that is itself valued […]

Amazon acquires flash-based cloud storage startup E8 Storage

Amazon has reportedly acquired Isreali storage tech startup E8 Storage, according to Reuters, CNBC and Globes. The acquisition will bring the team and technology from E8 in to Amazon’s existing Amazon Web Services center in Tel Aviv, per reports. E8 Storage’s particular focus was on building storage hardware that employs flash-based memory to deliver faster […]