Dec
01
Facebook Inc. is to buy Kustomer, a startup that specializes in customer-service platforms and chatbots. Though terms weren’t disclosed, people familiar with the matter said it would value New York-based Kustomer at a little over $1 Billion. Kustomer businesses will continue to own the data that comes from interactions with... read more →
Dec
01
S&P Global Inc. is to acquire IHS Markit Ltd. for about $44 Billion, in a landmark deal that would combine two of the finance industry’s largest data providers. Combining S&P, one of the industry’s oldest firms with IHS Markit, a younger competitor, in an all-stock tie-up will create a powerful... read more →
Dec
01
Gainsight, the Customer Success company, has signed an agreement to receive a majority investment from Vista Equity Partners , a leading global investment firm focused on enterprise software, data, and technology-enabled businesses. Gainsight helps create a positive customer experience when clients interact with a brand, making them more likely to... read more →
Nov
27
German media giant Bertelsmann’s Penguin Random House division is buying rival Simon & Schuster from TV and film company ViacomCBS for $2.17 billion in cash. Penguin Random House is the largest American publisher, and adding Simon & Schuster, the third-largest publisher, would reshape the U.S. publishing industry. The move will... read more →
Nov
24
Merck will buy Rockville, Maryland-based drugmaker OncoImmune for an upfront cash payment of $425 million. Oncolmmune is a privately-held biotech firm that has developed a drug candidate for treating patients hospitalized with severe and critical COVID-19. OncoImmune has reported positive results from a late-stage study of a coronavirus therapeutic candidate.The... read more →
Nov
24
Nasdaq, a global technology company, is to acquire Verafin, an industry pioneer in anti-financial crime management solutions, for US$2.75 billion in cash. As per the agreement, Verafin will combine its comprehensive suite of anti-financial crime management products with Nasdaq’s reach and established regulatory technology leadership to create a global SaaS... read more →
Nov
20
Nasdaq, a global technology company, is to acquire Verafin, an industry pioneer in anti-financial crime management solutions, for US$2.75 billion in cash. As per the agreement, Verafin will combine its comprehensive suite of anti-financial crime management products with Nasdaq’s reach and established regulatory technology leadership to create a global SaaS... read more →
Nov
19
Nasdaq, a global technology company, is to acquire Verafin, an industry pioneer in anti-financial crime management solutions, for US$2.75 billion in cash. As per the agreement, Verafin will combine its comprehensive suite of anti-financial crime management products with Nasdaq’s reach and established regulatory technology leadership to create a global SaaS... read more →
Nov
18
IBM has reached a definitive agreement to acquire TruQua Enterprises, an IT services, and consulting SAP development partner that specializes in delivering finance and analytics solutions to Fortune 500 companies. Financial terms were not disclosed. In today’s evolving marketplace, the shift from legacy enterprise systems and siloed processes to cloud-based... read more →
Nov
17
Huawei is selling off its Honor brand of budget smartphones to a consortium of companies, that includes government-backed firms, Honor's distribution partners, and suppliers, in a bid to keep Honor alive. The decision was announced in a joint statement released by the company. The acquisition deal comes after the U.S.... read more →