By Snigdha Mandal - November 05, 2021 4 Mins Read
The year 2021 has witnessed multiple billion-dollar acquisitions across the industry including hardware, software, and services as well as plenty of smaller, strategic merger activity in areas vital to enterprise IT. Some of the largest merger and acquisition (M&A) deals of the past five years in the technology, media, and telecommunications sector signed in the first half of 2021.
tech M&As can disrupt strategic rollouts, spell a need to pivot to a new solution, mean the potential sunsetting of essential technology, provide new opportunities to leverage newly synergized systems, and be a bellwether of further shifts to come in the IT landscape.
Analytics Automator Alteryx has snapped up a small Australian SaaS company, Hyper Anna. AI-driven visualizations and reporting features to its analytics automation platform have also been added.
Also Read: Top Enterprise Technology Trends to Watch for
Cloud-based customer contact center specialist Genesys is all set to buy ‘Pointillist’- developer of a customer journey orchestration tool, and ‘Exceed.ai’-conversational AI platform provider.
Boomi, the enterprise integration platform-as-a-service company, which was acquired by Dell in 2010, is to be sold by the end of this year. It is believed that TPG Capital and Francisco Partners will close the deal, valued at $4 billion. while Francisco Partners has stakes in manufacturing ERP platform Plex Systems and in-memory database developer Redis Labs, TPG has previously invested in Ellucian, a developer of ERP software for academic institutions, and cloud security platform Zscaler.
Dell Technologies and VMware will soon be “separated.” Dell on April 14, 2021, announced plans to dispose of its 80.6% stake in the virtualization software company in a process that will net it a special dividend of around $9.5 billion. The companies will however, continuing to collaborate on sales and solution design for at least five years, and the special dividend will go some way to lightening Dell’s $48 billion debt load.
on October 1 Qualtrics International, the experience measurement company that was briefly part of SAP, closed its $1.1 billion all-share acquisition of Clarabridge. Qualtrics uses online surveys to ask people how they feel, while Clarabridge uses AI to identify sentiment by analyzing social media, chat sessions, and other information sources.
supply chain connectivity provider TrueCentral has added another 30,000 connections and 5,000 customers to its global commerce network with its acquisition of EDI API provider DiCentral.
Red Hat is increasingly helping its customers run workloads in containers using Kubernetes. Securing those workloads, and the many layers of code they are wrapped in, is a challenge. with its acquisition of StackRox, which closed in late February this year Red Hat hopes to meet all the challenges.
with the acquisition of 7Summits, a small consulting company based in Milwaukee IBM is adding some Salesforce integration expertise to its professional services division, IBM Global Business Services. It’s a small step, but a sign that IBM is keeping a close eye on where growth in demand for its services will come from in future.
Also Read: How CIOs can Ensure Data Access Control and Visibility Across Clouds
Cognizant went on a tear agreeing to buy three companies. Servian, a cloud data and analytics consulting firm in Australia, through which Cognizant plans to expand its capabilities in the region. Linium, a small cloud transformation consultancy focused on ServiceNow. Third on Cognizant’s list was Magenic Technologies, a custom cloud software developer with 475 staff in the US and another 350 in the Philippines that Cognizant hopes will beef up its cloud modernization capabilities.
Deloitte Consulting is expanding its cloud software engineering capabilities too; the company closes the deal with HashedIn Technologies, an Indian software developer specializing in SaaS projects. HashedIn will add 750 members worldwide to Deloitte’s 50,000-strong workforce.
Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.
Snigdha Mandal is the Business News Reporter associated with OnDot Media. She is an experienced journalist with nearly ten years of experience in the business news sector. Before joining ODM, she has worked with different media organisations and content firms. Before joining ODM she was the content team lead with Samsung India, Gurgaon
A Peer Knowledge Resource – By the CXO, For the CXO.
Expert inputs on challenges, triumphs and innovative solutions from corporate Movers and Shakers in global Leadership space to add value to business decision making.
Media@EnterpriseTalk.com