acquistion News of 07/15/20
rapid7 Is Acquiring DivvyCloud For $145m To Beef Up Cloud Security
Rapid7 announced today after the closing bell that it will be acquiring DivvyCloud , a cloud security and governance startup for $145 million in cash and stock. With Divvy, the company moves more deeply into the cloud, something that Lee Weiner, ...
How Founder And CTO Dries Buytaert Sold Acquia For $1b
Acquia announced yesterday that Vista Equity Partners was going to buy a majority stake in the company worth a $1 billion. That would seem to be reason enough to sell the company. That’s a good amount a dough, but as co-founder and CTO Dries ...
Salesforce Closes $15.7b Tableau Deal
In an amazingly quick turn-around for a deal of this scope, Salesforce announced today that it has closed the $15.7 billion Tableau deal announced in June. The deal is by far the biggest acquisition in Salesforce history, a company known for ...
Palo Alto Networks To Acquire Demisto For $560m
Palo Alto Networks announced today that it intends to acquire security startup, Demisto , for $560 million. The company sees a tool that can help enhance the Palo Alto security portfolio by adding a higher level of automation. “The addition ...
Assessing IBM’S $34 Billion Red Hat Acquisition
As you look at the $34 billion IBM-Red Hat deal announced yesterday, if you follow the enterprise closely, it seems like a good move, at least on its face. It could be years before we understand the true value of it for IBM (or lack thereof, ...
The Largest Software Acquisition Ever: IBM To Buy Red Hat For $34b
At a price typically reserved for semiconductor companies, telecoms, and pharmaceutical giants, IBM announced today it would pay a record $34 billion in cash and debt to acquire enterprise open source provider Red Hat. Eclipsing Microsoft’s ...