IBM to acquire EZSource to help developers modernize mainframe applications for digital business
Armonk, NY - 01 Jun 2016: IBM has announced that it plans to acquire EZ Legacy Ltd. (EZSource), an Israel-based application discovery company, to help developers quickly and easily understand and change mainframe code based on data displayed on a dashboard and other visualizations. Today’s applications can be made up of millions of lines of code, and to update this code can take days or weeks. EZSource provides a visual dashboard to quickly and easily show developers which applications have changed to ease the process of modernizing applications, exposing APIs and more efficiently leveraging development resources. The planned acquisition is expected to close in the second quarter of 2016 subject to completion of governmental review and customary closing conditions. http://www-03.ibm.com/press/us/en/pressrelease/49810.wss
Salesforce signs definitive agreement to acquire Demandware in a transaction worth $2.8 million
San Francisco and Burlington, Massachusetts - June 1, 2016 – Salesforce, a Customer Success Platform and CRM company, and Demandware, a provider of enterprise cloud commerce solutions, have announced that they have entered into a definitive agreement under which Salesforce will acquire Demandware in a transaction worth approximately $2.8 billion (net of cash acquired). Under the terms of the agreement, Salesforce will commence a tender offer for all outstanding shares of Demandware for $75.00 per share, in cash. The transaction is expected to close in the second quarter of Salesforce's fiscal year 2017, ending July 31, 2016. http://investors.demandware.com/phoenix.zhtml?c=247632&p=irol-newsArticl...
Demandbase signs agreement to acquire Data Science company, Spiderbook
San Francisco – May 24, 2016 – Demandbase, an Account-Based Marketing (ABM) company, has announced that it has signed an agreement to acquire data science company Spiderbook. Spiderbook automates the identification of companies that are likely to buy, including those that are already in-market for a company’s products and services. It then determines the right buyers within those accounts and uncovers buyer-specific insights to recommend personalized messages for sales teams to use. The combined offering extends Demandbase’s leadership position in the rapidly expanding ABM category with the only end-to-end platform—helping companies identify, target, engage and sell to target accounts. https://www.demandbase.com/press-release/demandbase-signs-agreement-to-a...
Contentful secures $13M for API-Driven Content Management Platform
Contentful, the API-driven content management developer platform, has announced it has secured $13 million in Series B financing. Led by Benchmark Capital, with participation from Trinity Ventures as well as existing investors Balderton Capital and Point Nine Capital, the round puts the total amount raised to date at $16.8 million. The funding round comes as the company is seeing monthly revenues rise at double-digit rates and is experiencing rapid growth across a wide range of industries. Leveraging a powerful API with structured content, Contentful provides a rich developer ecosystem that provides a more seamless experience on the backend and a holistic experience for customers on the frontend. http://press.contentful.com/129213-contentful-secures-13m-for-api-driven...
ISGN Corporation completes the sale of ISGN Solutions, its Business Process Outsourcing Services Company, to Firstsource Group USA, Inc.
Palm Bay, Florida - May 19, 2016 - ISGN Corporation™, a provider of award-winning technology solutions to the U.S. mortgage industry, has announced it has completed the sale of its business unit, ISGN Solutions, which performs Business Process Outsourcing (BPO) services, to Firstsource Group USA, Inc., wholly owned subsidiary of Firstsource Solutions Limited, a RP-Sanjiv Goenka Group Company and a global provider of customized Business Process Management (BPM) services. “The completion of the sale enables ISGN to focus on delivering next-generation technology built on over three decades of expertise to our customers. We are committed to providing world-class products that drive the success for our mortgage eco-system,” said Amit Kothiyal, CEO of ISGN. “Our industry profitability continues to face challenges. This, coupled with a heavily regulated mortgage environment, has created a strong need for technology innovation. ISGN is making this a focal point for our business and aims to continue engineering state-of-the-art technology to transform our industry.” http://www.isgn.com/news/press-release/
Microsoft to sell feature phone business to FIH Mobile Ltd. and HMD Global, Oy for $350 million
Redmond, Wash. — May 18, 2016 — Microsoft Corp. has announced it reached an agreement to sell the company’s entry-level feature phone assets to FIH Mobile Ltd., a subsidiary of Hon Hai/Foxconn Technology Group, and HMD Global, Oy for $350 million. As part of the deal, FIH Mobile Ltd. will also acquire Microsoft Mobile Vietnam — the company’s Hanoi, Vietnam, manufacturing facility. Upon close of this deal, approximately 4,500 employees will transfer to, or have the opportunity to join, FIH Mobile Ltd. or HMD Global, Oy, subject to compliance with local law. Microsoft will continue to develop Windows 10 Mobile and support Lumia phones such as the Lumia 650, Lumia 950 and Lumia 950 XL, and phones from OEM partners like Acer, Alcatel, HP, Trinity and VAIO. The transaction is expected to close in the second half of 2016, subject to regulatory approvals and other closing conditions. http://news.microsoft.com/2016/05/18/microsoft-selling-feature-phone-bus...
Hyland acquires AcroSoft from Interactive Intelligence
Cleveland - May 9, 2016 - Hyland, creator of OnBase, has announced the acquisition of substantially all of the AcroSoft enterprise content management (ECM) business from Interactive Intelligence, Inc. Acquired by Interactive Intelligence in 2009, AcroSoft offers ECM-focused software solutions to the insurance marketplace. Hyland’s acquisition of AcroSoft adds approximately 50 insurance organizations to its more than 500 existing global insurance providers. “We are excited for AcroSoft to join the Hyland family,” said Bill Priemer, President and CEO of Hyland. “Both Hyland and AcroSoft are dedicated to content and process management technology and are focused on the specific needs of insurance providers. Together with our new colleagues from AcroSoft, we are committed to providing transformative solutions and exceptional customer service for many years to come.” https://www.onbase.com/en/about/media-room/press-releases/hyland-acquire...
IBM closes acquisition of Bluewolf
Armonk, New York - 12 May 2016 - IBM has announced it has completed the acquisition of Bluewolf , one of Salesforce’s top partners and a globally recognized leader in cloud consulting and implementation services, to join IBM Interactive Experience (IBM iX). Financial details were not disclosed. Together, Bluewolf and IBM iX will form a deeper consulting capability for clients adopting Salesforce solutions to transform relationships with their customers. IBM iX’s deep proficiency in analytics, experience design and industry consulting leadership will combine with one of the world’s leading Salesforce consulting practices to deliver differentiated, consumer-grade experiences via the cloud. “As a part of IBM iX, we will amplify our capabilities to create extraordinary customer moments and digital experiences,” said Eric Berridge, CEO, Bluewolf. “Combining forces brings game-changing strategy, data and design expertise, for customers of all sizes and industries, instantly transforming us into a formidable global partner in the Salesforce ecosystem.” http://www-03.ibm.com/press/us/en/pressrelease/49730.wss
OpenText completes acquisition of ANX for approx. $100 million
Waterloo, Ontario – 2016-5-2 – OpenText™, a global Enterprise Information Management (EIM) organisation, has announced that it has completed acquisition of ANX, which is expected to be integrated into the OpenText Business Network, a portfolio of cloud solutions and software designed for efficient, secure and compliant supply chain and business collaboration between organizations. Complementing OpenText’s existing B2B integration solutions, ANX is expected to strengthen OpenText’s industry presence and reach in the Automotive and Healthcare industries through strong customer relationships and targeted business partner collaboration solutions. The transaction purchase price is approximately $100 million. The acquisition is expected to generate approximately $30 million of annualized revenues, be both accretive and on the OpenText operating model, immediately. The transaction is expected to close in the fourth quarter of fiscal 2016.
https://www.opentext.com/who-we-are/press-releases?id=0460724882594912AB...
Ephesoft announces strategic investment and technology development agreement with In-Q-Tel
Laguna Hills, Calif., May 31, 2016 – Ephesoft Inc., creators of the industry-leading Smart Capture® advanced document capture platform, has announced a strategic partnership with In-Q-Tel (IQT), the investment organization that identifies innovative technology solutions to support the mission of the U.S. Intelligence Community. “The Ephesoft solution applies machine learning techniques towards the problem of accurately extracting data from essentially unsearchable documents” said George Hoyem, Partner, Investments at IQT. “This capability may allow the Government to quickly unlock valuable data from millions of documents, save on storage costs, and enable enterprise visibility into trapped data.” “IQT’s investment in our company and technology platform validates our approach to leverage machine learning to tap into the valuable data trapped in massive unstructured content repositories,” explained Ike Kavas, Ephesoft’s Chief Technology Officer. http://ephesoft.com/ephesoft-announces-strategic-investment-and-technolo...
Iron Mountain returns to cloud storage, with EMC as a partner
Five years after it gave up on storing corporate information on the Internet, the Boston data-archiving company Iron Mountain Inc. is back in the cloud, ready to compete with a host of big-name rivals who have achieved a significant head start. Iron Mountain has launched a new service, Cloud Archive, that uses hardware and software from Hopkinton-based EMC Corp. to support long-term storage of a company’s vital records. In a cloud archive, the records are stored “live” in a data center, where they can be instantly accessed through the corporate network. Cloud Archive will reside on computers in a former mine in Boyers, Pa., and on a backup system in Kansas City. This is the second cloud initiative from the company in the past year. Last April, Iron Mountain launched a data-backup service that also runs in the cloud and lets companies quickly restore lost or corrupted files that are in active use. http://www.ironmountain.com/
Qualtrics makes first acquisition
Provo, Utah – 1st June 2016 – Qualtrics, whose online survey research platforms help 8,500 enterprise customers better understand both their employees and their customers, has acquired four-year-old, San Francisco-based Statwing. Terms of the deal haven’t been disclosed, but the Statwing team is relocating to Qualtrics’s Seattle office and will combine with Qualtrics’ team. Qualtrics will now integrate Statwing’s web-based statistical analysis software into their Insight platform, where its technology will make statistical analysis faster and easier for Qualtrics’s customers. Prior to the acquisition, Statwing had previously raised an undisclosed amount of money from Y Combinator and angel investors, including Cloudera founder Jeff Hammerbacher, Slicehost founder Jason Seats, and IndexTank founder Diego Basch. https://www.statwing.com/
Adobe announces agreement to acquire Livefyre
San Jose, California - Adobe has announced it has entered into a definitive agreement to acquire privately held Livefyre, a content curation and audience engagement company. With the planned integration of the Livefyre platform into Adobe Experience Manager, customers will be able to collect, curate and publish user generated content from major social networks into digital experiences across a brand’s owned marketing channels. “Adobe Marketing Cloud is recognized by major industry analysts as a leading digital marketing platform for delivering, managing, and measuring content across any digital touch point,” said Jordan Kretchmer, CEO and founder of Livefyre. “We are thrilled to join the Adobe family to give brands the ability to deliver a breadth of impactful, highly personalized digital experiences. The addition of Livefyre to Adobe Marketing Cloud will bring content capabilities to Adobe customers that are unparalleled in the industry." http://news.adobe.com/press-release/corporate/adobe-announces-agreement-...
Yippy to acquire MC+A in pursuit of $500 million search appliance market
Fort Myers, Florida - May 26, 2016 - Yippy, Inc. has agreed in principle to acquire Michael Cizmar & Associates Ltd. ("MC+A"), a charter Google for Work Partner and winner of Google's 2014 Innovation Partner of the Year Award. Upon completion of the acquisition, MC+A founder, Michael Cizmar, will join Yippy as a member of its senior management team. Yippy anticipates that the acquisition will be closed by mid-July 2016. Richard Granville, Chief Executive Officer of Yippy, stated, "Google's decision to focus its attention on cloud-based solutions has created an opportunity for Yippy to bridge the gap between appliance and cloud. The market for cloud-based platforms is still in its infancy and we believe the search appliance will remain a viable solution for the next decade. Our strategy is simple. We can offer existing Google Search Appliance customers and resellers a faster and cheaper search appliance, providing customers with the option 'to cloud' or 'not to cloud', or anything in the middle." http://yippyinc.com/investor-relations/