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 […]

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 […]

Laundrapp and Zipjet merge to form largest on-demand laundry service in UK, seal new funding

Two of Europe’s biggest on-demand laundry startups are merging today. Laundrapp from London and Zipjet from Berlin are confirming the completion of a previously-rumored merger through which the combined business will become the largest on-demand laundry business in the UK. Alongside this, the combined business has completed a funding round from existing investors including Toscafund, […]

Google to acquire analytics startup Looker for $2.6 billion

Google made a big splash this morning when it announced it’s going to acquire Looker, a hot analytics startup that’s raised over $280 million. It’s paying $2.6 billion for the privilege and adding the company to Google Cloud. Thomas Kurian, the man who was handed the reigns to Google Cloud at the end of last […]

Security stays hot as Imperva grabs Distil Networks

Last week 4 security companies changed hands. The shopping spree continued this week with CDN company Imperva, announcing it was buying bot mitigation startup Distil Networks. The companies did not share the acquisition price. Imperva CTO Kunal Anand says his company had a narrow bot capability, but was looking to bring a more complete solution […]

Why four security companies just sold for $1.5B

If you’re thinking about starting a technology company, you may want to consider focusing on cybersecurity. Last week was an incredible M&A whirlwind with four security companies getting acquired over just a three-day period: On Tuesday, FireEye bought Verodin, a five-year-old startup that helps measure the effectiveness of your cybersecurity defenses for $250 million. On Wednesday, […]

Insight Partners bags threat intel company Recorded Future for $780M

If you haven’t noticed, security companies are a pretty hot commodity these days. Just yesterday, Palo Alto Networks bought two security startups. Earlier this week, FireEye bought Verodin for $250 million, and today, private equity firm Insight Partners announced it was buying threat intelligence vendor Recorded Future for $780 million. What Insight is buying is […]

FireEye snags security effectiveness testing startup Verodin for $250M

When FireEye reported its earnings last month, the outlook was a little light, so the security vendor decided to be proactive and make a big purchase. Today, the company announced it has acquired Verodin for $250 million. The deal closed today. The startup had raised over $33 million since it opened its doors 5 years […]

HPE is buying Cray for $1.3 billion

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 […]