Sage announced earlier this week that it will buy PayChoice for $157.8 million. PayChoice offers cloud-based payroll software. The deal is expected to close next month.
Yahoo! has acquired an online document creation and collaboration service company called Bookpad, which is known for making Docspad. Docspad is a service where developers can add document viewing and editing features in their own applications. The deal is believed to be worth around $8.3 million. The terms of the deal were undisclosed. Bookpad was founded by graduates from the Indian Institute of Technology (IIT) Guwahati: Aditya Bandi, Niketh Sabbineni, and Ashwik Reddy. Investors in Bookpad include NASSCOM and Microsoft Ventures.
AT&T and the Chernin Group run a joint venture called Otter Media. Otter Media has now purchased a controlling stake in Fullscreen, which is one of the most popular YouTube channels.
Amazon.com, Inc. (NASDAQ:AMZN) rarely ever discusses the numbers for its products. Last year, Amazon said that it had tens of millions of Prime subscribers. Amazon Prime is a service that offers free two-day shipping, Prime Video, Prime Music and a lending library for the Kindle.
Ping Identity provides Internet and SaaS identity security and single sign-on solutions to enable secure access to Internet apps. Ping Identity has raised $35 million in funding led by KKR with participation from Ten Eleven and several other investors. Ping Identity has raised a total of $110 million. Ping Identity has around 1,200 customers, including half of the Fortune 100.
Duo Security has raised $12 million in Series B funding led by Benchmark. Duo Security is a two-factor authentication company that works with over 5,000 organizations. The two-factor authentication helps protect distributed users and distributed infrastructure.
The Home Depot, Inc. (NYSE:HD) is providing free identity protection services to customers that may have been affected by its data breach.
Aubrey Plaza, one of the stars of ‘Parks and Recreation,’ will play the voice of Grumpy Cat in a Lifetime movie. The Lifetime movie will be called Grumpy Cat’s Worst Christmas Ever. The movie is about a young girl named Chrystal (played by Megan Charpentier) that becomes friends with Grumpy Cat (known as Tardar Sauce). Chrystal is the only one that can hear Grumpy Cat speak.