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What Happened To Sumo Logic Stock Today?
Monday, January 23, 2023 - 5:44pm | 412Read More...Shares of data analytics software company Sumo Logic Inc (NASDAQ: SUMO) jumped more than 28% on Monday following reports suggesting multiple private equity firms have expressed interest in a potential acquisition. What Happened: According to a report from The...
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M&A Activity Plunges In Echo Of Great Recession: Here's What Apollo Global Management Just Said About Its Latest Deal
Wednesday, November 2, 2022 - 1:21pm | 625Read More...The merger and acquisition market has slowed dramatically in recent months as market volatility and persistently high inflation has prompted dealmakers to take a more conservative approach to M&A. M&A Market Drying Up? The total value of global M&A deals dropped 34% in the first...
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Cvent SPAC Deal Could Include 10% Investment From Zoom: What You Need To Know
Thursday, July 22, 2021 - 9:22am | 442Read More...Many public companies have invested in SPAC deals via the PIPE financing. The latest could be Zoom Video Communications Inc (NASDAQ: ZM) in a move to boost its live events strategy. What Happened: Earlier this week, the Wall Street Journal reported event management company Cvent was in talks...
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Vista Equity Partners Snaps Cloud Platform Pluralsight In $3.5B All-Cash Deal
Monday, December 14, 2020 - 2:17am | 390Read More...Private-equity firm Vista Equity Partners has acquired online education-software platform Pluralsight Inc (NASDAQ: PS) in an all-cash transaction for $20.26 per share, the companies announced on Sunday. What Happened: Vista has agreed to pay $3.5 billion to acquire all...
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Roper Technologies In Talks To Buy Insurance Software Firm Vertafore For $5.5B: Report
Monday, August 10, 2020 - 2:00am | 305Read More...Software company Roper Technologies Inc. (NYSE: ROP) is in negotiations to purchase Vertafore Inc for nearly $5.5 billion, Reuters reported Sunday. What Happened The Vista Equity Partners- and Bain Capital-owned Vertafore, a software vendor to the insurance industry, would be the largest...
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Apple Device Management Software Maker Jamf Plans To Raise Up To $304M In IPO
Wednesday, July 15, 2020 - 6:04am | 336Read More...Jamf, which makes software for enterprises to manage their Apple Inc. (NASDAQ: AAPL) devices, announced the pricing for its initial public offering on Tuesday. The Minnesota-based company said it will sell 13.5 million shares, and other existing stakeholders will sell 2.5 million shares in the...
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Vista Equity Invests $1.5B In India's Jio Platforms, Joining Facebook, Silver Lake As Stakeholders
Friday, May 8, 2020 - 7:11am | 337Read More...Vista Equity Partners has invested $1.5 billion in Indian behemoth Reliance Industries Ltd.'s digital arm Jio Platforms, the latter announced Friday (New Delhi time). The investment comes less than a week after Silver Lake invested $748 million in Jio Platforms. Facebook Inc. (NASDAQ: FB)...
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What's Next For Apptio After Vista's Acquisition Offer?
Monday, November 12, 2018 - 4:45pm | 432Read More...Apptio Inc (NASDAQ: APTI) confirmed Sunday evening that it has agreed to sell itself to Vista Equity Partners, an investment firm that focuses on software, data and technology-enabled businesses. The Analysts Jefferies' John DiFucci maintains a Buy rating on Apptio with an unchanged $40...
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Apptio To Go Private In $1.94B Deal
Monday, November 12, 2018 - 11:57am | 419Read More...Merger Monday has kicked off with a tech deal. Shares of business management SaaS company Apptio Inc (NASDAQ: APTI) were rallying after the company announced a go-private deal. What Happened Apptio announced an agreement Sunday to be bought by an affiliate of tech-focused private equity...
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Bernstein Downgrades Marketo Inc To Market Perform
Wednesday, June 8, 2016 - 9:58am | 169Read More...Bernstein's Mark Moerdler downgraded Marketo Inc (NASDAQ: MKTO) to Market Perform with a price target of $37.00. The rating change came after Marketo agreed to be acquired by Vista Equity Partners for $35.25 per share in cash. "The deal is forecasted to close in the 3rd quarter," said Moerdler. The...
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Cvent Was Just Bought Out By Vista Equity For A 69% Premium
Monday, April 18, 2016 - 2:21pm | 315Read More...Cvent Inc (NYSE: CVT) announced on Monday it has entered into an agreement in which it will be acquired by affiliates of Vista Equity Partners, a private equity firm that focuses on investments in software, data and technology-enabled businesses. As part of the agreement, Vista will acquire 100...
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Raytheon In $2.3 Billion Cybersecurity Joint Venture
Monday, April 20, 2015 - 4:23pm | 130Read More...Raytheon Company (NYSE: RTN) agreed to contribute $1.57 billion to form a joint-venture computer security company with Websense, owned by Vista Equity Partners. Raytheon will own an 80.3 percent stake in the venture, while Vista Equity will invest $335 million for a 19.7 percent equity stake. As...
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Vista Equity Partners To Buy Tibco Software Inc.
Monday, September 29, 2014 - 9:21am | 127Read More...Shares of Tibco Software Inc. (NASDAQ: TIBX) were trading 21 percent higher in the premarket on news that private equity firm Vista Equity Partners will take Tibco Software private. Tibco Software shareholders will get $24 per share in cash, a nearly 25 percent premium over the closing price of...
