Noteworthy technology acquisitions 2021

Global technology mergers and acquisitions amounted to $ 634.1 billion by 2020, an increase of 91.8% year-on-year. Maybe 2021 is suitable for blockbuster operations

In the context of coronavirus, the year 2020 is unpredictable in more ways than anyone expected. But one thing that has remained fairly constant is the steady flow of mergers and acquisitions (M&A) in the technology sector.

Global technology M&A deals last year totaled $ 634 billion, up 91.8 percent year-on-year, according to GlobalData. Among a series of late big deals were Advanced Micro Devices’ $ 35 billion acquisition of Xilinx and Salesforce’s $ 27.7 billion acquisition of Slack.

As for whether 2021 will maintain last year’s pace, if the beginning of the year is anything to go through, there won’t be a slowdown of major industry deals, with silicon innovations and portion Soft cooperation has proven to be hot areas.

Here are the biggest enterprise technology acquisitions of 2021 to date, in reverse chronological order:

February 26: Atlassian acquires Chartio

Atlassian announced that it is acquiring popular data visualization tool Chartio for an undisclosed amount. An Australian service-based software company will seek to incorporate Chartio’s collaborative reporting and dashboard into its own analytics tools and provide users with tools such as Jira and Confluence. sharper about their data.

“Atlassian products are home to the treasure trove of data, and our goal is to unleash the power of this data so our customers can go beyond reporting and truly customize the segment. to meet their organization’s needs, “wrote Zoe Ghani, head of product experience at the platform at Atlassian, in a blog post.

However, that’s bad news for current chartio clients, who have been told they have a year to export their data to another tool.

Feb 26: Cision acquires Brandwatch for $ 450 million

The UK media landscape changed in February when media surveillance database and PR Cision acquired Brandwatch, the online music and consumer information platform, for $ 450 million in one Cash and stock deal combined.

Based in Brighton on the south coast of England, Brandwatch specializes in social listening that allows brands to get a better idea of ​​consumer psychology. Cision hopes to bring this together with its media and PR intelligence to give customers a more complete picture of how consumers see their brands.

“Continuous digital change and widespread social media adoption are rapidly and fundamentally changing the way brands and organizations interact with their customers. This is driving love. The need for PR, marketing, social and customer care teams to fully incorporate existing unique insights into consumer-led strategies, Cision CEO Abel Clark said in a press release. declare.

February 24: Autodesk acquires Innovyze for $ 1 billion

Autodesk announced it will acquire software maker Innovyze for $ 1 billion in February. Portland, OR-based Innovyze creates software for water infrastructure modeling, simulation and analysis.

Autodesk specializes in industrial CAD software for 3D modeling and is popular with architects and engineers. This acquisition was intended to give the company a foothold in the water utility market.

Colby Manwaring, CEO of Innovyze, said in a statement: “Autodesk’s design DNA is found in every structure you see on the ground and below, so it makes strategic sense to practice. Our complementary organization is important to the majority of the world’s population. “We look forward to completing the acquisition and working together.

Feb. 18: CrowdStrike acquires Humio for $ 400 million

Hot after SentinelOne’s Scalyr Acquisition, CrowdStrike announced it would acquire another logging specialist, Humio, for $ 400 million. Humio’s unique selling point has always been unlimited logging, allowing customers to collect as much as they want for a better picture of how their system works.

“Humio has become the data pool for these businesses, allowing longer searches and from more data sources allowing them to understand their entire environment, preparing them for the unknown. It prevents problems, recovers quickly from incidents and goes to the root cause, “wrote Geeta Schmidt, CEO of Humio in a blog post.

CrowdStrike is looking to add this logging capabilities to its security monitoring tools to help customers react to threats closer to real time.

“The combination of real-time analysis and intelligent filtering integrated into CrowdStrike’s proprietary Threat Graph and Humio’s rapid log management and index-free data entry greatly accelerate Our capabilities go far beyond everything the market has seen so far, “CrowdStrike CEO and co-founder George Kurtz said in a statement.

Feb. 9: SentinelOne acquires Scalyr for $ 155 million

Cybersecurity analytics provider SentinelOne made a sensational acquisition back in February, picking up tracking analysis and visibility software expert Scalyr for $ 155 million in shares and cash.

Scalyr’s combination of data analytics with industry-leading AI capabilities ushered in a new era of prevention, detection and response to enterprise-wide attacks, “Tomer Weingarten SentinelOne, CEO of SentinelOne, said in a statement.

Still a startup, despite being well-funded with a $ 3 billion private valuation, SentinelOne hopes to integrate Scalyr’s high-speed logging capabilities into its own software. faster threat intelligence, while continuing to run it as a standalone product from an existing group of loyal customers.

Jan 28: Business day to acquire Peakon for $ 700 million

Human resources and finance software expert Workday announced plans to buy Peakon’s employee feedback platform for $ 700 million in cash.

Founded in Denmark in 2014, Peakon has raised $ 68 million in funding to date. It provides organizations with a software in service (SaaS) tool to regularly monitor employee psychology and other tools to measure workforce happiness, making it a business. High addition acquisitions for Workday’s SaaS HR tools.

Aneel Bhusri, Co-Founder and Co-CEO of Workday said in a statement: “The inclusion of Peakon in the Workday family will be very attractive to our clients – especially after an extraordinary year. has increased the importance of constantly paying attention to the mentality of employees to keep people engaged and productive. ”

January 27: SAP acquires Signavio

German software company SAP announced it would acquire German company Signavio, which specializes in business processes and native cloud business management for an undisclosed fee. Signavio was last valued at $ 400 million following a $ 177 million funding round in July 2019.

The announcement comes with a new product from SAP called Rise, an existing SAP software and services package that aims to provide customers with “transforming business as a service”.

SAP will aim to use Signavio’s expertise in business process intelligence to help more customers optimize these processes as they become more digital.

Luka Mucic, Chief Financial Officer and SAP Executive Board member, said in a statement: “I cannot further enhance the importance of companies to be able to design, evaluate, improve and transforming business processes across the enterprise to support new business capabilities and models. ”

Jan. 20: Citrix acquires Wrike for $ 2.25 billion

Virtualization specialist Citrix has announced a plan to acquire collaborative software maker Wrike for $ 2.25 billion in cash. Citrix already has a digital workspace called Workspace and will look to fold the Wrike team and technology into that product.

Together, Citrix and Wrike will provide the solutions needed to deliver a cloud-powered digital workspace experience allowing teams to securely access the resources and tools they need to collaborate and get work done as efficiently and efficiently as possible on any channel, device or location, “David Henshall, president and CEO of Citrix, said in a statement.

January 14: Cisco acquires Acacia for $ 4.5 billion

Cisco started the new year by choosing optical technology company Acacia for $ 4.5 billion. Originally announced in July 2019, there has been a lot of back and forth about the deal, with Cisco paying an additional $ 1.9 billion for acquisitions.

Based in Massachusetts, Acacia specializes in high-speed optical systems such as digital signal processing, photonic integrated circuit modules, and transceivers for use in networking and data center products. data – a set of technologies that Cisco clearly sees as indispensable for future networks that interconnect data centers, clouds, and service providers.

Bill Gartner, senior vice president and general manager, Cisco Optical Systems and Optics Group, said in a statement: “Together, we will advance our strategy to transform the optical world as we do. know, with innovative solutions to increase network capacity in and out of the data center. ”

Acacia CEO Raj Shanmugaraj and company staff will join Cisco’s Optics business after the completion of the agreement.

Jan. 13: Qualcomm acquires Nuvia for $ 1.4 billion

Hot on the heels of a semiconductor consolidation explosion in late 2020, Qualcomm announced it had acquired Nuvia for about $ 1.4 billion.

The Santa Clara-based two-year-old company was founded by a group of Apple engineers and makes high-performance CPU chips.

“The Nuvia team are proven innovators, and like Qualcomm, have a strong legacy in creating leading technology and products …. Together, we are well positioned. to redefine computing and enable our ecosystem of partners to drive innovation and deliver a new class of products and experiences for the 5G era, “Cristiano Amon, president and CEO elected at Qualcomm said in a statement.

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