Prosus terminates $4.7 billion acquisition of BillDesk
Prosus, a Netherlands-based technology investor, announced that its $4.7 billion bid to acquire Indian payments platform BillDesk has been cancelled due to unfulfilled requirements.
Prosus stated that the acquisition's requirements were not met by a September 30 deadline. The agreement has been... Read more
Aveva shareholders attempt to thwart acquisition by Schneider Electric
Two major Aveva shareholders are opposing the proposed acquisition of Aveva by Schneider Electric. In their view, the bid of 11 billion euros (9.5 billion British pounds) is too low.
The two major shareholders, Mawer Investment Management and M&G Investments, consider the bid to be opportuni... Read more
Imperva to acquire CloudVector for API security capabilities
Imperva, the cybersecurity company, announced on Monday that it plans to acquire API security company CloudVector. The financial details of the deal have not been disclosed. Imperva says that the acquisition will help it accelerate its roadmap and give it more ground in the web app and API protecti... Read more
DXC declines Atos offer worth billions
Atos has announced that it has withdrawn its bid for DXC. The two companies were unable to reach an agreement. Atos came out of nowhere last month with a bid for DXC.
"Further to the statement issued by the company on January 7, 2021, the board of directors of Atos has unanimously determined not... Read more
SAP confirms acquisition of Berlin-based BPA company Signavio
This week, rumors were going around that SAP was planning to buy the Berlin business process automation startup Signavio. Now, the company just made it official. Even though SAP did not reveal what they are paying for the company, reports indicated earlier that it could be worth $1.2 billion.
SA... Read more
Atos offers billions for DXC acquisition
The French IT company Atos has approached its US rival DXC Technology with an offer for acquisition. Atos is prepared to pay 10 billion dollars (8.15 billion euros) for DXC, making it its biggest acquisition ever.
Atos told Reuters that it would be a "friendly transaction". With the acquisition,... Read more
HelpSystems acquires Vera Security; a data security company
HelpSystems, the IT Management Software Solutions company, has acquired Vera Security, a data security platform. The details of the deal have not yet been disclosed.
Vera was founded in 2014 and offers users a platform they can use to secure, track, and revoke access to confidential data across... Read more
Palo Alto Networks to acquire security start-up Expanse for $800M
Palo Alto Networks has inked an $800 million deal to acquire a security start-up Expanse. Expanse is a well-funded start-up that helps businesses to identify internal systems exposed to the internet.
The agreement was announced today. The $800 deal breaks down to $670M in stock and cash and an a... Read more
TIBCO expands its enterprise reach by acquiring Information Builders
TIBCO Software is on the acquiring Information Builders in a move that will bring their combined 70 years of data management expertise under one roof. Information Builders was founded in 1975 in New York City. Since then, it has been providing tools for data analysis for upward of 45 years now.
... Read more
Coupa acquires BELLIN for their Treasury Management Suite
Coupa is a provider of business spend management solutions suite. They have announced their acquisition of BELLIN, a treasury management provider, in a deal that is part of a plan by Coupa to create bank connectivity for B2B payments.
In addition to that, they also want to offer treasury depth o... Read more