Merger & Acquisition News

RESTON, Va.--(BUSINESS WIRE)--Worldeye Technologies today announced the acquisition of DataHawk, a leading provider of e-commerce analytics solutions. The acquisition integrates DataHawk's powerful analytics platform into Worldeye Technologies' growing portfolio, creating powerful synergies with its other established marketplace optimization tools, such as Viral Launch. DataHawk delivers robust industry-leading analytics for marketplaces like Amazon and Walmart, enabling sellers with crucial in...

RALEIGH, N.C.--(BUSINESS WIRE)--One Source, a leader in technology advisory and managed IT services, today announced the acquisition of CT Solutions, a premier provider of technology consulting and support services. This acquisition bolsters One Source’s ability to simplify the complexities of technology for businesses and deliver comprehensive solutions tailored to meet evolving customer needs. CT Solutions will now operate as CT Solutions, a One Source company, reinforcing its presence and co...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence entered into a definitive agreement with Arm to acquire Arm's Artisan foundation IP business....

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (“SolarWinds” or the “Company”), a leading provider of simple, powerful, secure observability and IT management software, today announced the closing of its acquisition by Turn/River Capital. The transaction is valued at approximately $4.4 billion, with SolarWinds stockholders receiving $18.50 per share in cash. With the closing of the transaction, SolarWinds common stock has ceased trading, and the Company is no longer listed on the New Yo...

PHOENIX--(BUSINESS WIRE)--Kinective's acquisition of Datava creates the industry's first banking operations platform fueled by data intelligence....

NEW YORK--(BUSINESS WIRE)--Torq, the autonomous security operations leader, today announced it has acquired Revrod, a stealth Israeli AI startup, and has incorporated its multi-agent RAG (Retrieval-Augmented Generation) advancements into Torq HyperSOC-2o—the latest evolution of its flagship product. Torq HyperSOC-2o delivers a comprehensive AI-driven SOC automation experience recently validated by IDC. Torq HyperSOC is used by Fortune 500 companies to automate, manage, and monitor critical SOC...

AUSTIN, Texas--(BUSINESS WIRE)--Equal Parts, a next-generation insurance agency that combines the power of traditional relationships with best-in-class AI technology, today announced its first acquisition, Lumen Insurance. The addition of the Austin-based agency is part of the company’s strategy in building a new model for independent insurance agencies amid industry-wide consolidation and technological disruption. Lumen specializes in the insurance needs of venture-backed tech startups through...

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 1...

CHICAGO--(BUSINESS WIRE)--Market-leading identity security company MajorKey Technologies has acquired Oxford Computer Group LLC....

SAN FRANCISCO & HAMBURG, Germany--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT), a leading ride hailing marketplace, today announced it has entered into a definitive agreement to acquire FREENOW, a leading European multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for approximately €175 million or $197 million* in cash. FREENOW will continue operating as it does today, with its talented leadership team and employees in place to drive growth across 9 cou...