Merger & Acquisition News

WALTHAM, Mass.--(BUSINESS WIRE)--Software intelligence company Dynatrace (NYSE: DT) today announced it has completed the acquisition of high-speed parsing and query analytics company, SpectX. This acquisition will accelerate the convergence of observability and security for modern hybrid, multicloud environments. These environments are defined by continuous change, with an exponentially expanding volume of observability and security data that must be analyzed in context and in real time to enab...

ALEXANDRIA, Va.--(BUSINESS WIRE)--Spok Holdings Postpones Investor Day Program due to Ongoing Strategic Alternatives Review Process...

IRVINE, Calif.--(BUSINESS WIRE)--WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, announced today that it has acquired Sprout, a leading, cloud-based CRM & marketing platform for the cannabis industry. WM Technology’s acquisition of Sprout reinforces the company’s end-to-end operating system as one of the most comprehensive software solutions available in the cannabis market today. “Our...

LOUISVILLE, Colo. & LEXINGTON, Ky.--(BUSINESS WIRE)--Sierra Space and Space Tango are joining forces to make manufacturing more accessible and available in space, opening up new market opportunities in low-Earth orbit (LEO). The new space economy will include partners from several sectors, including technology, materials and biomedical industries. This key work can help humanity and the medical field on Earth by opening more opportunities for scientific and technical breakthroughs. Sierra Space...

SAN DIEGO--(BUSINESS WIRE)--Scientist.com, the life science industry’s leading R&D marketplace, announced today that it has completed the acquisition of InsideScientific, an online educational platform for life science researchers. The acquisition enables Scientist.com to offer a full suite of science-based content and event production services—such as webinars, virtual events, podcasts and training programs—to its existing global network of researchers and service providers. “This is an ex...

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive enterprise AI operating system, announced today it has closed the acquisition of PandoLogic, Inc., a leading provider of intelligent hiring solutions. Total consideration to be paid, on a cash and debt-free basis, is $150 million, payable in Veritone cash and stock, with performance earnouts through fiscal 2022. The acquisition is expected to be immediately accretive, with PandoLogic generating over $50...

TORONTO & MENLO PARK, Calif.--(BUSINESS WIRE)--CI Financial agrees to acquire Portola Partners Group, a Silicon Valley wealth management firm specializing in ultra-high-net-worth clients....

MIAMI--(BUSINESS WIRE)--Lume Cloud acquired by ColoHouse, enhancing the company's portfolio of global colocation, cloud, and managed services....

NASHVILLE, Tenn.--(BUSINESS WIRE)--Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Austin, Texas, that is home to three well-established medical providers and an ambulatory surgery center. The two-story Water Leaf Medical Office Building, which offers just over 26,000 rentable square feet of space, was built in 2016 and is 100% leased. The Class A property, located along the Mopac Expressway, is a...

VIENNA, Va. & CAMBRIDGE, Ontario--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR), a leading provider of space-based data, analytics and space services, and exactEarth Ltd. (TSX: XCT) (“exactEarth”) announced today that the companies have entered into a definitive arrangement agreement under which Spire will acquire exactEarth for approximately US$161.2 million (CAD$204.2 million) in cash and stock, which implies ~9.1x exactEarth’s Enterprise Value to LTM revenue. Once completed, exactEarth wi...