Tag: M&A
Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal
The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global…
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Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank
Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among those that raised particularly large rounds to support their growth during this challenging time. All three companies target markets that…
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Rapid7 is acquiring DivvyCloud for $145M to beef up cloud security
Rapid7 announced today after the closing bell that it will be acquiring DivvyCloud, a cloud security and governance startup for $145 million in cash and stock. With Divvy, the company moves more deeply into the cloud, something that Lee Weiner, chief innovation officer says the company has been working towards,…
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Synergy Research report finds data center M&A has already surpassed 2019
At a time where all of the news seems to point toward negative economic activity, Synergy Research released a report today that data center M&A activity made a strong showing this quarter, already surpassing 2019 levels. The surge was mostly related to the $8.4 billion Interxion acquisition by Digital Realty,…
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Verizon’s BlueJeans acquisition is about more than the work-from-home trend
It would be easy to assume that Verizon’s purchase last week of video-conferencing tool BlueJeans was an opportunistic move to capitalize on the sudden shift to remote work, but the ball began rolling last June and has implications far beyond current work-from-home requirements. The video-chat darling of the moment is…
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German security firm Avira has been acquired by Investcorp at a $180M valuation
Mergers and acquisitions largely grinded to a halt at the end of March, in the wake of the coronavirus pandemic spreading around the world, but today comes news of a deal out of Europe that underscores where pockets of activity are still happening. Avira, a cybersecurity company based out of…
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