Data specialist Alteryx sold for 4 billion euros to private equity
Data specialist Alteryx will be definitively owned by private investment companies Clearlake Capital Group and Insight Partners for a total of 4 billion euros ($4.4 billion). This brings an end to a sale process that started earlier this year.
Alteryx, a data science and analytics specialist, ha... Read more
Toshiba privatizes after successful buyout by private equity fund JPL -update
Toshiba's proposed privatization will become final. The tech group will be owned by the private equity fund Japan Industrial Partners (JPL) following a successful buyout.
Update October 12th: Toshiba is set to be delisted from Tokyo's stock exchange on December 20th. Shareholders will meet on N... Read more
Providence to acquire A2Mac1 for $1.3 billion
Providence Equity Partners has secured a bid of $1.3 billion to acquire A2Mac1 amidst a tough European financial market.
Providence Equity Partners is to acquire French automotive data firm A2Mac1 after outbidding rival bids at $1.36 billion. The owner of A2Mac1, Five Arrows Principal Investmen... Read more
DXC Technology confirms acquisition talks
DXC Technology confirmed that it is discussing a possible acquisition with a financial party. The details of the talks were not disclosed.
Last month, Bloomberg reported that a private investment firm was interested in acquiring DXC Technology. The IT integrator reportedly engaged financial advi... Read more
BlackFin announces €350 million fund for European tech companies
BlackFin Capital Partners announced a €350 million investment fund. The money is intended for European fintech companies.
BlackFin is a private equity firm. Private equity firms raise money from organizations and invest in businesses with high potential. BlackFin manages a total of €2.4 bill... Read more
‘Software AG wants to sell itself’
Germany's Software AG is looking for a buyer. It is possible that investment companies are showing interest.
Possible takeover talks of Software AG are said to be in the early stages, according to Bloomberg sources. The reason given for the possible sale of the company is Software AG's considera... Read more