Enterprise

Why Morgan Stanley (MS) Is Buying Eaton Vance (EV) For $7 Billion

By Amit Chowdhry ● Oct 8, 2020

Morgan Stanley (NYSE: MS) and Eaton Vance Corp. (NYSE: EV) have announced a $7 billion acquisition deal. These are the details.

Why Accenture (ACN) Is Buying Myrtle Consulting Group And Avenai

By Amit Chowdhry ● Oct 7, 2020

Accenture (NYSE: ACN) announced a couple of acquisitions: Myrtle Consulting Group and Avenai. These are the details.

Infosys (INFY) Launches Automated Data Science Platform For Supporting Public Health Agencies

By Dan Anderson ● Oct 7, 2020

Infosys Public Services -- a US-based subsidiary of Infosys (NYSE: INFY) -- announced the Infosys Health Insights Platform (IHIP). These are the details.

E-Commerce Experience Platform Company Shogun Closes $35 Million

By Amit Chowdhry ● Oct 7, 2020

Shogun -- a leading e-commerce experience platform (eXP) -- announced that it has raised a $35 million Series B round of funding led by Accel.

Education Technology Company Empowerly Secures $1.6 Million

By Noah Long ● Oct 7, 2020

Empowerly — a data-driven education technology startup for college admissions — announced it has raised $1.6 million.

Why 10X Genomics (TXG) Acquired ReadCoor And CartaNA AB

By Amit Chowdhry ● Oct 7, 2020

10X Genomics Inc (NASDAQ: TXG) recently announced it entered into a definitive agreement to buy ReadCoor. And this deal comes on the heels of 10X buying CartaNA AB.

Dialpad: $100 Million Funding, $1.2 Billion Valuation, Over $100 Million In Committed ARR

By Amit Chowdhry ● Oct 7, 2020

AI-powered cloud business phone and contact center provider Dialpad announced it has raised $100 million in Series E funding at a valuation of over $1.2 billion.

Customer Education Platform Skilljar Raises $33 Million

By Amit Chowdhry ● Oct 7, 2020

Leading Customer Education Platform Skilljar announced it has raised $33 million in funding. These are the details.

Chamath Palihapitiya Is Taking Clover Health Public In $3.7 Billion Deal (IPOC)

By Amit Chowdhry ● Oct 7, 2020

Billionaire venture capitalist Chamath Palihapitiya is preparing to take Clover Health public. These are the details.

Salesforce Ventures Announces Second $100 Million Impact Fund (CRM)

By Amit Chowdhry ● Oct 7, 2020

Salesforce (NYSE:CRM) has announced its second Impact Fund from Salesforce Ventures, which is a $100 million fund that will accelerate the growth of cloud companies addressing some of the largest needs.

Microsoft (MSFT) To Set Up $1 Billion Data Center Venture In Greece

By Annie Baker ● Oct 6, 2020

Microsoft Corporation (NASDAQ: MSFT) announced it is building 3 data center sites in the greater Athens area of Greece through a $1 billion investment.

Caterpillar (CAT) To Buy Weir Oil & Gas For $405 Million

By Amit Chowdhry ● Oct 6, 2020

Caterpillar Inc. (NYSE:CAT) has signed an agreement to buy the Oil & Gas Division (Weir Oil & Gas) of the Weir Group PLC.

Welltower (WELL) Names Shankh Mitra As CEO

By Amit Chowdhry ● Oct 6, 2020

Welltower Inc. (NYSE: WELL) has announced that it has named Shankh Mitra as Chief Executive Officer and he also joined the Board of Directors.

NEC Buying Avaloq For $2.2 Billion

By Amit Chowdhry ● Oct 6, 2020

NEC Corporation (TSE: 6701) announced this week it is buying Switzerland-based banking software company Avaloq Group AG for 2.05 billion Swiss francs. These are the details.

How IBM Is Using AI At Scale To Benefit The Media Industry

By Amit Chowdhry ● Oct 6, 2020

IBM (NYSE: IBM) recently announced 3 new products to add to its growing suite of artificial intelligence solutions for brands and publishers. These are the details.

BlackBerry (BB) Launches New Partner Program And Mobile Threat Defense Solutions

By Dan Anderson ● Oct 6, 2020

BlackBerry has announced it launched a new global partner program and a new mobile threat defense solution. These are the details.

Priority Software Receives Significant Growth Investment From TA Associates

By Noah Long ● Oct 5, 2020

Global growth private equity firm TA Associates announced it has completed a significant growth investment in Priority Software Ltd.

Why BlackLine (BL) Is Buying Rimilia For $150 Million

By Noah Long ● Oct 5, 2020

BlackLine, Inc. (Nasdaq: BL) — a leader in accounting automation software — announced that it has completed the acquisition of Rimilia. These are the details.

Why Cisco Systems (CSCO) Is Buying Portshift

By Amit Chowdhry ● Oct 5, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) recently announced a decision to buy Portshift. These are the details.

Seismic: $92 Million And About A $1.6 Billion Valuation

By Dan Anderson ● Oct 5, 2020

Sales enablement and marketing orchestration platform provider Seismic announced it has raised $92 million in a Series F round of funding led by the Permira funds.

VTEX: $225 Million And About $1.7 Billion Valuation

By Dan Anderson ● Oct 5, 2020

Integrated commerce-marketplace-OMS platform VTEX announced it raised $225 million in a Series D round of funding. With this funding round the company is now valued at about $1.7 billion.

All-In-One Digital Marketing Platform Sendinblue Raises $160 Million

By Amit Chowdhry ● Oct 5, 2020

Sendinblue — a leading all-in-one digital marketing platform — announced it has raised $160 million in a Series B funding. These are the details.

Secure Data Management Leader Fluree Raises $6.5 Million

By Annie Baker ● Oct 5, 2020

Fluree — a market leader in secure data management — announced it has closed a seed round of $6.5 million in venture capital led by 4490 Ventures.

Silversmith Capital Partners Raises $880 Million For Third Growth Equity Fund

By Amit Chowdhry ● Oct 5, 2020

Silversmith Capital Partners recently announced the first and final closing of its third fund called Silversmith Capital Partners III, L.P. (Fund III) at its target and hard cap of $880 million.

J.P. Morgan Asset Management Partners With SAP

By Amit Chowdhry ● Oct 5, 2020

J.P. Morgan Asset Management recently announced a new partnership with SAP (NYSE:SAP) through the Software Solution Partner Program.

Fractional Alternative Investing Company Rally Raises $27 Million

By Dan Anderson ● Oct 5, 2020

Rally — a creator of fractional alternative investing that enables anyone to invest in rare and one-of-a-kind collectibles for as little as $1 per share — has announced that it has raised a $17 million funding round that closed earlier this summer.

Why Pfizer (PFE) Is Investing $200 Million In CStone

By Annie Baker ● Oct 3, 2020

Pfizer Inc. (NYSE: PFE) subsidiaries and Cstone have announced a collaboration that involves a $200 million equity investment by Pfizer in CStone.

Zynga (ZNGA) Closes The $180 Million Rollic Deal

By Amit Chowdhry ● Oct 2, 2020

Today Zynga Inc. (Nasdaq: ZNGA) closed its $180 million deal of Istanbul-based mobile games developer Rollic.

Goldman Sachs Group (GS) Buying GM’s Credit Card Operations For $2.5 Billion, Says Report

By Amit Chowdhry ● Oct 2, 2020

Goldman Sachs Group Inc (NYSE: GS) has reportedly won the bid for the credit card business for General Motors Company (NYSE: GM) in a deal valued at $2.5 billion.

Warehouse Robotics Solutions Company Exotec Closes $90 Million

By Amit Chowdhry ● Oct 2, 2020

Exotec — a leading robotics solution for logistics and the creator of the Skypod 3D warehouse robots — announced that it has raised $90 million in funding.