In a joint statement Amazon.com Inc and Stellantis NV said, they have agreed to collaborate to develop cars and trucks which will feature Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The development… Read More ›
cloud based
Construction management startup Procore Technologies raises US IPO range
On Thursday, Procore Technologies Inc, a construction software startup said, it has priced its U.S. initial public offering (IPO) at $67 per share, higher than the range it had announced earlier this month. California-based Procore Technologies is offering around 9.5… Read More ›
Identity management firm Okta acquires Auth0 for $6.5 billion in all-stock deal
In a statement Okta Inc, an identity management company said, it has agreed to acquire Auth0, a smaller rival, for $6.5 billion in an all-stock deal. The development marks one of the largest software deals so far this year. The… Read More ›
Elliott Management and Veritas Capital acquire Athenahealth for $5.5 billion
Athenahealth’s subscription-based cloud service tracks the revenues of hospitals, physicians and patients. According to sources familiar with the matter at hand, activist hedge fund Elliott Management and private equity firm Veritas Capital have agreed to acquire Athenahealth Inc, a U.S…. Read More ›
European business software giant SAP to acquire U.S. cloud sales management software Callidus Software Inc for $2.4 billion
The move underscores SAP core strategy of leaning on cloud-based solutions to drive up its margins and revenues. On the sidelines of SAP, Europe’s top tech company, posting results that were on the lower side of market expectations, the firm’s… Read More ›