OLS Holding acquired Omnis from TigerLogic Corporation, a provider of software infrastructure products. The price was $2,000,000, subject to adjustment based on net working capital of the Omnis business on the closing date.
OLS Holdings is a company newly formed by a consortium of long-time Omnis distributors and customers for the purpose of acquiring Omnis.
The Omnis team is headquartered in the United Kingdom and has offices in Germany, France, and the United States in addition to distributors in Italy and Australia. OLS Holdings has said it will continue to administer the US Omnis business from the UK until establishing its US presence, which it expects to do in the near future.
The sale was approved by the Company's Board of Directors and a majority of its stockholders.
Over the next few months, Cappture assets will be integrated inside the TrafficAvenue infrastructure. Assets include an OpenRTB 2.3 bidder technology for native and video ads and a behavioral targeting system.
Founded in 2012, Cappture had raised $1 million in venture funding.
Edition Collective's two websites, Imprint and Foremost, will be shutting down, but their persona will live on as part of Q Clothier’s new e-commerce strategy.Matt Alexander, founder and CEO of Edition Collective, will become President and CEO of Q Fifty One’s newly created digital group.
Edition Collective had raised $500,000 in seed funding.
Going forward, Worklife will integrate tightly into Cisco’s collaboration suite. The Worklife team will report into the Cloud Collaboration Technology Business Unit under Senior Vice President and General Manager Jens Meggers. The current plan is that Worklife’s existing online meeting software will continue to be offered free to customers.
Founded in 2014, Worklife had raised $2.72 million in venture funding from investors that included 500 Startups, Flight Ventures, Formation 8, FundsClub, Ludlow Ventures, New Ground Ventures and Y Combinator, among others.
THX will continue to operate as an independent entity under its own management and apart from the ongoing business of its parent company. Under the new ownership, THX will maintain its core mission – to provide quality entertainment experiences in the cinema, in the home and on the go – while simultaneously being propelled into new categories in order to address evolving consumer needs.
THX was founded in 1983 by George Lucas.
Proofpoint, a cybersecurity company, entered into a definitive agreement to acquire FireLayers, a cloud security company. The purchase price for the transaction is approximately $55 million, with approximately $46 million in cash and the remaining approximately $9 million in Proofpoint stock subject to continued vesting.
With this acquisition, Proofpoint will extend Targeted Attack Protection to SaaS applications, enabling customers to protect their employees using SaaS applications from advanced malware.
Founded in 2013, FireLayers had raised an undisclosed amount of funding from YL Ventures.
The closing is subject to customary closing conditions and is expected to occur this quarter.
CEO Jordan Osher, and the majority of the Capture team, will stay on with Tagboard.
Founded in 2012, Capture has raised over $6 million and boasts clients such as CNN, The Weather Channel and The Huffington Post.
Malwarebytes a security startup acquired AdwCleaner, a tool for removing potentially unwanted programs (PUPs), adware, toolbars and other unwanted software. No financial terms of the deal were disclosed.
For the near term, AdwCleaner will retain its current name, supplemented by Malwarebytes branding. Malwarebytes is committed to maintaining the mission of the AdwCleaner product and its features. Malwarebytes believes this will aid growing awareness for the Malwarebytes brand in areas of rapid growth within Europe, Asia and additional countries outside of the United States. Malwarebytes will also integrate many of the proprietary techniques and detections into their flagship products.
Founded in 2011,AdwCleaner is downloaded more than 200,000 times per day, and has been installed around 200 million times.
Once completed, Wipro’s acquisition of Appirio will create one of the world’s largest cloud transformation practices, a game changer in today’s as-a-service and digital economy.
Established in 2006, Appirio's customers include Stryker, Robert Half, Johnson Controls, Cardinal Health, Coca-Cola, eBay, Facebook, Home Depot, and Sony PlayStation.
The company had raised $111.7 million in venture funding from GGV Capital, Salesforce Ventures and Sequoia Capital, among other.
The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be closed by December 31, 2016. William Blair & Company acted as financial advisor to Appirio during the transaction.
CoreOS, which maintains open source projects for Linux Containers, acquired Redspread, a collaborative deployment tool for managing environments from development to production. No financial terms of the deal were disclosed.
The Redspread team’s open source work in the Kubernetes and Docker communities will add to the container expertise at CoreOS. Co-founders Mackenzie Burnett (Redspread CEO) and Dan Gillespie (Redspread CTO) will join the CoreOS team at the San Francisco headquarters.
Founded in 2015, Redspread had raised $240,000 in funding from Investo and Y Combinator.
The deal includes the company’s technology, as well as the seven-person Chatimity team, who will help build the company and grow a bot infrastructure and develop chatbots for support, benefits, and sales.
Chatimity was founded in 2011.
Medallia, a Customer Experience Management company, acquired Kampyle, a software platform for capturing customer feedback on digital and mobile channels. No financial terms of the deal were disclosed.
Effective today, Medallia will offer a new product solution, Medallia Digital, that combines Medallia's powerful data analytics platform with Kampyle's state-of-the-art web and mobile feedback capture capabilities. Medallia will offer Medallia Digital as both a stand-alone product and an integrated product.
Founded in 2001, Medallia raised $255 million in venture funding from Sequoia Capital.
AutoAlert, a data mining and sales lead generation company, acquired The Ready Group, a provider of strategic marketing solutions to automotive retailers, distributors, and manufacturers, and its subsidiary, DirectAlert, an integrated marketing solution. No financial terms of the deal were disclosed.
The Ready Group has been merged seamlessly into AutoAlert and is being introduced to the automotive marketplace as One-to-One Intelligent Marketing, a data-driven, customer-communication solution.
The Ready Group was founded in 1994.
TrendShift, a SaaS-based Decision Analytics and Risk Assessment company, acquired Health Data Intelligence, a SaaS-based healthcare analytics and population health management company. No financial terms of the deal were disclosed.
The core capability of HDI is its Population Intelligence platform which is a comprehensive population health management solution - a cloud-based SaaS platform that equips clients to more efficiently manage health costs, utilization and care outcomes.
Founded in 2014, HDI raised $140,000 in venture funding from Rev1 Ventures.
ACS Athletics, a provider of college athletic administration and compliance software, and Front Rush, a provider of recruiting software for college coaches, have merged. No financial terms of the deal were disclosed.
Brad Downs, Chief Executive Officer of Front Rush and Phillip Engle, Chief Executive Officer for ACS Athletics will jointly oversee the integration of the two companies' product and service offerings. The new company has plans for a united experience for all users that draws on the more than 27 years of combined experience in software for college athletics.
The new company will have nearly 10,000 teams at more than 1,200 colleges and universities across all levels of the National Collegiate Athletic Association, the National Association of Intercollegiate Athletics and the National Junior College Athletic Association.
ACS Athletics had raise $215,000 in venture funding from Houston Angel Network.
Casamba, which designs handheld customer relationship management solutions for the healthcare industry, HealthWyse, an EMR software solutions for home health, hospice and private duty agencies, and TherapySource, a provider of provides clinical and billing solutions, have merged. No financial terms of the deal were disclosed.
HealthWyse and TherapySource have joined the Casamba family of companies. The merger supports Casamba's vision to deliver a comprehensive solution across the patient post-acute care continuum.
TherapySource is a former therapy division of Source Medical. It provides clinical and billing solutions to more than 3,500 outpatient therapy clinics across the country through its TherapySource, Rehab Toolkit, and Revenue Cycle Services solutions.
HealthWyse had raised an undisclosed amount of funding from Housatonic Partners.
Private equity investment firm Abry Partners represented both Casamba and SourceMed in the transaction. AGC Partners, also based in Boston, represented the HealthWyse organization.
Ignite Marketing Analytics, an affiliate of business application provider Ignite Technologies, acquired ThinkVine, a provider of cross-channel marketing attribution and optimization technology and services. No financial terms of the deal were disclosed.
Effective immediately, Ignite will roll out its Customer Success program to all ThinkVine customers.
Founded in 2009, ThinkVine had raised $12 million in venture funding from CincyTech, DFJ Portage Ventures, Draper Triangle, Northwater Capital and West Capital Advisors.
Combining Accenture’s deep financial services, distribution and marketing expertise and scalability with Allen International’s digital and physical banking experience will enable banks across Europe to strategically optimize branch networks.
Founded in 1992, Allen International has worked with more than 350 banks around the world including nine of the top 20 banks.
Following the closing of the proposed transaction, Founder Deep Kalra will remain Group CEO and Executive Chairman of MakeMyTrip and Co-founder Rajesh Magow will continue to remain CEO India of MakeMyTrip. Founder and CEO of ibibo Group, Ashish Kashyap, will join MakeMyTrip’s executive team as a Co-founder and President of the organization.
Naspers and Tencent, through their jointly owned holding company are selling ibibo Group to MakeMyTrip in exchange for an issuance of new shares by MakeMyTrip. They will become the single largest shareholder in MakeMyTrip, owning a 40% stake, and will contribute proportionate working capital upon closing.
Travel publication Time Out acquired event discovery startup YPlan. The price was £1.6 million, or $1.95 million, to be paid out in 1,166,644 Time Out ordinary shares, at a share price of £1.393. There is an option to pay an additional £0.8, or $976,000, "12 months after completion subject to no warranty claims being made under the sale and purchase agreement."
It's not entirely clear what will be happening to the service going forward; if it will continue to offer its app, or if it will be shutting down, or if Time Out has any designs on its technology.
The team will be coming to work at Time Out where they will be helping to build out the company's e-commerce solutions.
Founded in 2012, YPlan had raised over $37 million in venture funding from investors that included Octopus Investments, General Catalyst Partners and Wellington Partners
Antuit, a global Big Data and analytics solutions company, acquired a majority stake in YDatalytics, a provider of supply chain, sales and marketing, and organizational analytics solutions and technology services. No financial terms of the deal were disclosd.
The acquisition further solidifies Antuit's path to global leadership in the analytics industry.
Antuit and YDatalytics created a joint management board to manage and expand their operations in Europe.
The investment complements Maplink’s portfolio and will transfer to the company more than 60 customers from Europe, Latin America, North America and Africa. With the acquisition, the company is expected to double revenue this year. Consequently, more than 50 percent of revenues will come from abroad.
Optilogistic has a team of 34 professionals based in Europe who will become part of Maplink’s staff.
P2P Mailing will becoming part of The Delivery Group, a post and parcel delivery service, which will further strengthen Secured Mail's ecommerce offer.
P2P will continue to provide the great service under the same trading names and run by the same management teams. It employs around 150 staff.
The acquired Taptera assets are expected to be transitioned to Showpad by year-end, with much of that process already underway. Through the transition, Showpad will continue to provide the Taptera experience the company's clients have expected with Showpad's integration into Box.
Founded in 2011, Taptera had raised $4 million in funding.
Deem, a mobile and cloud technology solution provider for the business travel industry, entered into an agreement to acquire the assets and personnel of OLSET, a big data and machine learning technology company. No financial terms of the deal were disclosed.
In combination with Deem's travel software, OLSET's technology will enable Deem to provide a new level of personalization and optimized booking experiences for business travelers, while offering travel management companies and content providers additional revenue at no incremental cost.
Founded in 2012, OLSET had raised $1.72 million from investors including Amadeus Ventures and Montage Ventures.
The transaction is slated to close in the next 45 days, and plans are already underway to integrate the OLSET technology into Deem's platforms.
This acquisition is part of Red Ventures’ continued expansion into new industries through a broad set of new digital solutions and assets.
Soda was advised by Petsky Prunier Securities in this transaction.
CarePort will continue to be based in Boston operating as a subsidiary of Allscripts.
Founded in 2012, CarePort had raised $3.13 million in venture funding from 500 Startups, Baseline Ventures, Converge Venture Partners, Frontier Tech Ventures, and Techstars, among others.
The acquisition signals TWG's intent to continue its expansion, bringing its total team size to 85.
The B House acquisition bolsters the company's mobile capabilities, supporting its strategy to lead enterprise clients through digital transformation initiatives.
Nehemiah Security, a supplier of cybersecurity solutions and services to enterprise and government organizations, acquired anomaly detection company Triumfant. No financial terms of the deal were disclosed.
Triumfant's product, AtomicEye, will be immediately integratedinto Nehemiah Security’s core offering.
Founded in 2002, Triumfant had raised $11.85 million in venture funding from Anthem Capital Management, Core Capital Partners, Inflection Point Ventures, Innovation Fund North Carolina, Maryland Venture Fund, MCNC Ventures and Tri State Ventures.
(Image source: unmanned-aerial.com)