Merger & Acquisition News

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, today announced it has entered into a definitive agreement to acquire Cmd, a leader in infrastructure detection and response (IDR) to give customers deep visibility into cloud workloads and perform expert detection and prevention on cloud-native data. Together with Elastic’s recent announcement to acquire build.security, Cmd will add runtime security capabilities to...

PHOENIX & HUDSON, N.H.--(BUSINESS WIRE)--onsemi (Nasdaq: ON), a leading supplier of intelligent power and sensing technologies, and GT Advanced Technologies (“GTAT”), a producer of silicon carbide (SiC), today announced that they have entered into a definitive agreement under which onsemi will acquire GTAT for $415 million in cash. Founded in 1994, GTAT has significant experience in crystalline growth, including SiC. SiC is a key material for next-generation semiconductors that provide technica...

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID and PNM Resources announce additional support for merger....

HOUSTON--(BUSINESS WIRE)--Today, eDiscovery technology leader CloudNine announced the acquisition of ESI Analyst, the emerging standard for modern file types such as mobile, chat, social media, text, computer activity, financial data, and more. The acquisition affirms CloudNine’s recent announcement to invest in the development of additional, high value product offerings for its customers and the broader market to reduce costs and risk. CloudNine will further its commitment to invest in solving...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Executech, a leading managed IT services provider, announced today the acquisition of Nucleus, an award-winning IT support provider based in Vancouver, Canada. Since being founded by Gary Baerg in 2001, Nucleus has provided “supercharged” IT services and support to businesses across Canada. Martin DesRosiers, CEO of Nucleus, and the rest of the management team at Nucleus will remain in their current roles. Nucleus will continue to operate as a stand...

PHOENIX--(BUSINESS WIRE)--CIM Group acquires newly constructed 450,619-square-foot industrial building at 2250 S. Litchfield Rd. adjacent to the Phoenix Goodyear Airport...

AUBURN, Calif. & LONDON--(BUSINESS WIRE)--Riskalyze announces definitive agreement with global fintech investor Hg, to recapitalize....

PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced it has signed an agreement to acquire Masergy – a Plano, Texas-based pioneer in software-defined networking (SDN) and cloud platforms for global enterprises. The acquisition accelerates Comcast Business’s increasing growth serving large and mid-size companies, particularly U.S.-based organizations with multi-site global operations. With over twenty years’ experience and innovation in managed network, cloud, and security services, M...

PITTSBURGH & HOUSTON--(BUSINESS WIRE)--AccessDX Holdings acquires 2bPrecise to combine capabilities for industry-leading precision medicine solution....

SUWANEE, Ga.--(BUSINESS WIRE)--InVeris Training Solutions, the leading provider of integrated virtual and live-fire training systems and services for domestic and international law enforcement customers, announced today that it has acquired SURVIVR, a privately held, Dallas-based Public Benefit Corporation devoted to public safety. With the addition of SURVIVR to its industry-leading readiness training solutions portfolio, InVeris continues to build on its long-standing commitment to deliver ef...