M&A

Zoom to Acquire Five9 for $14.7 Billion

Zoom Video Communications Inc. plans to buy Five9 Inc., a cloud-based customer service software company, in a $14.7 billion acquisition. Zoom has become well-known video conferencing software since the COVID-19 pandemic shifted the workforce to a remote environment and as schools began to rely on online learning. Since then, the valuation of Zoom stocks has more than tripled, however, as the pandemic comes to a close Zoom is finding ways to offer customized and personalized experiences to their customers

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Musk Defends Solar City Merger

Elon Musk appeared in court on Monday to defend against claims of wrongdoing during the 2016 merger of Tesla Inc. and SolarCity Corp. The claims are coming from those who have heavily invested in Tesla stock and argue that the merger of the companies was in the interest of Musk alone and was his attempt to bail out SolarCity which he had a lot of ties with

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Liberty Mutual Acquires State Auto

Liberty Mutual Insurance has agreed to acquire Ohio-based State Auto Group. Liberty Mutual will buy all of the publically held shares for $52 a share in cash valuing the company around $2.3 billion. Shares soared 190% to $50 in morning trading. The deal is expected to close next year

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Apollo Buys Verizon’s Bag for $5 Billion

Apollo has come in to buy 90% of Verizon’s media assets encompassing more than a dozen online brands for $5 billion a combined valuation drop of 45% for AOL and Yahoo. In 1999 at the height of the Dot-com bubble the market frenzy that pumped tech stocks to the moon AOL had a market cap of $222 billion and Yahoo respectively had a market cap of $140 billion in the year 2000

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The Massive American Energy Merger

Cabot Oil & Gas Corp. and Cimarex Energy Co. recently announced their intention on merging, with Thomas Jordan - the CEO of Cimarex Energy - acting as the new CEO of the currently unnamed business. The two companies in question are primarily focus on different commodities - with Cimarex focusing on oil in the south and Cabot as a natural gas producer in Northeastern regions of the United States

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Amazon to Buy MGM Studios for $9 Billion. But Why?

Amazon is currently closing in on a deal to buy the Hollywood studio MGM Holdings for what is rumored to be a $9 billion acquisition, according to sources familiar with the matter. The deal would become the company’s second-largest acquisition ever, falling right behind its $13.7 billion deal for Whole Foods a number of years ago. The move would shift a film studio that was founded in the era of silent movies into a streaming asset for an e-commerce giant, and points further to a shift in consumer behavior towards streaming services as the “Streaming Wars” continue to heat up and the major players feel forced to make drastic plays in order to compete

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AT&T's WarnerMedia to Merge with Discovery

AT&T agreed to the deal to merge its media arm WarnerMedia with Discovery creating a brand-new entertainment company that would “combine AT&T’s vast media holdings with Discovery’s reality-TV empire.”

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Nvidia Won't Be Un-ARMed

Nvidia’s takeover of SoftBank’s ARM has come under fire by the British Government and as a result will launch a formal inquiry into the deal – regulators have cited both national security and anti-trust concerns

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Microsoft Acquires Nuance for $16 Billion

Microsoft has agreed to acquire speech-recognition firm Nuance Communications for $16 billion, pushing further into health technology and adding to a series of large-scale deals that have widened the range of software tools it offers its customers

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Microsoft Scooping Up Discord For $10 Billion

The chat application popular with gamers and Gen Z is in advanced talks with Microsoft to be acquired for $10 Billion. Microsoft has been on the hunt to buy something that can help expand its reach and it help it connect better with young consumers. Microsoft previously made a failed bid for social media app Tik Tok. A deal with Discord may prove to be far more valuable as Microsoft already has a strong foot in gaming

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Square Takes Majority Stake In Tidal

03.08.21 - Twitter founder Jack Dorsey’s fintech company Square has acquired a majority stake in Shaw Carter’s Tidal a music streaming app - backed by a consortium of music industry heavy weights. The stake was purchased for $297 million in a cash and stock deal. This deal comes on the heels of Carter’s Ace of Spades deal with LVMH

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LVMH Taking Major Stake In Armand de Brignac

02.22.21 - Moët Hennessy The Wine and Spirits arm of French luxury goods conglomerate LVMH is now taking a 50% stake in Armand de Brignac Champagne, also known as Ace of Spades

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Staples Makes Third Run At Home Depot Acquisition

01.11.21 - Office supplies retailer Staples stated on Monday that it had made an offer to buy Office Depot parent company ODP Corp for $2.1 billion in cash, just five years after its second acquisition effort was rejected

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Fiat Chrysler & PSA Approve Merger

01.04.21 - For over a year, Fiat Chrysler and PSA Group (makers of the Peugeot) have been working out the details of a trans-Atlantic tie up which would, when completed, create a global auto-making giant, selling 8.7 million vehicles annually—more than General Motors Co. The two are aiming to complete the merger early this year and plan to call the combined company Stellantis NV. Shareholders in the two companies recently approved the merger of the car manufacturing giants

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Thoma Bravo Buys RealPage for $9.6B

12.21.20 - Private-equity firm Thoma Bravo has struck a deal to buy property-management-software provider RealPage for $9.6 billion, in one of the largest recent leveraged buyouts

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Lockheed Martin to Acquire Rocketdyne

12.21.20 - Lockheed Martin has agreed to acquire Aerojet Rocketdyne Holdings Inc. in a deal that’s estimated to be valued at $4.4 billion. Chief Executive Officer of Lockheed Martin, Jim Taiclet, stated his intent to expand Lockheed - the world’s largest defense contractor - through acquisitions. Aerojet provides Lockheed a crucial supplier of propulsion systems for aerospace and defense applications

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Hyundai Acquires Major Stake In Boston Dynamics

12.14.20 - Hyundai Motors has announced that it will acquire a controlling interest in Boston Dynamics in a deal that values that robotics innovator at over $1.1 billion. The announcement offers confirmation of a deal that had been rumored about in tech media for over a week

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Facebook Moves to Buy Kustomer for Over $1 Billion

11.30.20 - Facebook is in talks to buy Kustomer, a startup that specializes in customer-service platforms and chatbots, part of an effort by the social-media giant to help companies use its platforms to do business

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Salesforce Acquires Slack

11.30.20 - Salesforce has agreed to a deal to buy Slack, with the deal expected to be announced Tuesday after markets close. The deal is expected to be about half cash and half stock and will price Slack at a premium. Salesforce is set to report quarterly earnings on Tuesday. Slack’s market cap was more than $24 billion as of Monday morning.

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Supreme Deal for VF Corp

11.09.20 - VF Corp recently released the statement that it would acquire the streetwear apparel company Supreme for $2.1 billion. VF Corp, which will be adding Supreme to its roster of brands such as The North Face, Van and Timberland, said it would make an additional payment of up to $300 million subject to satisfaction of certain post-deal closing milestones

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Twilio to Acquire Segment for $3.2 Billion

10.13.20 - The world of SaaS has come on the radar of the mainstream this week, specifically cloud communications platforms. What does that even mean? Literally almost everything is in the cloud, or more literally, just an AWS connected rack mounted server. Tech companies seem to love to sprinkle in these mantras and speak like management consultants to pique the interest of overly educated venture capitalists who love to roll around in a puddle of corporate syntax

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Vistaprint Acquires 99Designs

10.05.20 - Freelancing marketplaces, much like crowdfunding, have been long overlooked by venture capital - until Fiverr reached unicorn status surpassing a $1 billion valuation. Fiverr is now a publicly listed company with over a $5 billion market capitalization with annual revenues in excess of $100 million

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Gilead Sciences Closes Big Pharma Deal

09.14.20 - Gilead Sciences has announced on Sunday that it will acquire the biopharmaceutical company Immunomedics for $21 billion. The acquisition is meant to expand Gilead's portfolio of treatments for various types of cancer

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Nvidia to Acquire Arm from SoftBank for $40B

09.14.20 - Nvidia is moving to acquire Arm for $40 billion. One of SoftBank’s best investments is about to come into maturity. Arm is the most important designer of processors in smart mobile devices and is quickly gaining a footprint in other areas. Got an iPhone, you use Arm. Got a Samsung, Arm. Arm designs the leading architecture for CPUs

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SugarCRM Takes Aim At Salesforce

308.24.20 - On the acquisition front, Node just got picked up by SugarCRM for an undisclosed purchase price. The deal helps Sugar take better aim at the big players by positioning them to have predictive capabilities in helping organizations manage their sales data. Node brings a ton of Artificial Intelligence talent to the table. Marketing and sales are becoming incredibly more nuanced as software goes further in helping companies to build better account-based marketing campaigns to leverage all the data at their disposal to help professionals maximize their time where it matters most

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7-Eleven Buying Speedway for $21 Billion

08.03.20 - The Japanese parent of 7-Eleven is buying the Speedway chain of gas stations from Marathon Petroleum for $21 billion (DAMN, How many f**king slushies do they sell!?)

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Uber Eats Up Postmates in $2.65B Deal

07.06.20 - Less than a month ago Uber attempted and failed to buy Grubhub, but now the ride-hailing company has managed to close a different deal to revamp its food delivery business. Uber announced recently that it has agreed to buy Postmates for $2.65 billion. Uber described the startup as "highly complementary" to Uber Eats, Uber’s meal delivery service

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Amazon to Acquire Autonomous Vehicle Company Zoox for $1B

06.29.20 - Amazon has recently reached an agreement to acquire autonomous-car developer Zoox, the two companies have announced. The Wall Street Journal first reported in the spring that the Seattle-based e-commerce giant has been in talks to buy Zoox. The autonomous car developer was founded in 2014 and rapidly grew as interest in autonomous vehicles and ride-hailing expanded

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Cisco To Aquire ThousandEyes in $1B Deal

06.01.20 - Cisco has announced it is buying network intelligence company ThousandEyes, which has raised over $110 million in private funding with early backers including Sequoia Capital and Sutter Hill Ventures

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Intuit To Acquire Credit Karma for $7 Billion

02.24.20 - In the second month of 2020 after Visa’s monster $5.3B acquisition of Plaid, Intuit is now eyeing Credit Karma at a $7B purchase price in a cash and stock deal. This raises Credit Karma’s valuation from $4B less than 2 years ago

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Visa Just Bought a FinTech StartUp for $5.3 Billion

01.21.20 - It hasn't even been a full month and we have seen the biggest acquisition of the year. Visa just scooped up Plaid for $5.3 Billion, DOUBLE it's last private valuation. Plaid is one of the emerging dark FinTech unicorns next to Stripe

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