Friday, August 18, 2017
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Partnerships & Acquisitions

Intel Completes Tender Offer For Mobileye

Intel Corporation and Mobileye N.V. announced the completion of Intel’s tender offer for outstanding ordinary shares of Mobileye, a global leader in the development of computer vision and machine learning, data...

Facebook Acquires Artificial Intelligence Startup Ozlo

Facebook has acquired Ozlo, a Palo Alto-based artificial intelligence startup, to help Messenger build out a more elaborate virtual assistant for users. Ozlo specializes in understanding text-based conversations, and claims it can...

La Ronde introduces extreme virtual reality experience on Orbite ride

La Ronde, in partnership with Samsung Gear VR and Oculus, is introducing a new Virtual Reality (VR) experience, for a limited time starting August 7th. Drop of Doom VR, available on the...

DigiCert to Acquire Symantec’s Website Security and Related PKI Solutions

Symantec Corp. and DigiCert Inc., announced an agreement under which DigiCert will acquire Symantec’s Website Security and related PKI solutions. Under the terms of the agreement, Symantec will receive approximately $950...

Datto Hires Timothy Weller as Chief Financial Officer

Datto is pleased to announce that Timothy Weller has joined the company as Chief Financial Officer. Weller will report to Datto Founder and Chief Executive Officer Austin McChord. "Tim brings a strong...

Pax8 and Datto Announce Strategic Partnership

Pax8 announced a strategic partnership with Datto Inc. Through the new partnership, Pax8 will provide the full suite of Datto’s business continuity solutions worldwide, including backup and disaster recovery as a...

Axcient and eFolder Announce Merger

eFolder is a provider of data protection solutions for the IT Channel, and Axcient, provides Disaster Recover- as-a-Service (DRaaS) solutions. The combination brings together proven innovators with a shared belief in simplifying...

Mitel announces definitive agreement to acquire ShoreTel

Mitel and ShoreTel announced that they have entered into a definitive merger agreement pursuant to which Mitel will acquire 100% of the outstanding shares of ShoreTel common stock in an all-cash...

Sage buys Intacct for $850M

Sage agreed to acquire Intacct Corporation (“Intacct”), a provider of cloud Financial Management Solutions in North America for $850M. Intacct is headquartered in San Jose, California, and serves thousands of businesses in...