Iteris to be Acquired by Almaviva for $335M in All-Cash Transaction

Iteris, an Austin, TX-based provider of smart mobility infrastructure management technology, announced it has entered into a definitive agreement to be acquired by Almaviva, an Italian digital innovation group. The all-cash transaction values Iteris at approximately $335 million. Almaviva plans to finance the acquisition through committed debt financing. Once the deal is finalized, Iteris will … Read more

HCLSoftware to Acquire Zeenea, Expanding Data & Analytics Capabilities

HCLSoftware to Acquire Zeenea, Expanding Data & Analytics Capabilities

HCLSoftware, the software division of HCLTech based in Santa Clara, CA, has announced plans to acquire Zeenea, a Paris-based leader in data catalog and governance solutions. The financial terms of the deal, which is expected to finalize in September 2024, have not been disclosed. This acquisition will bolster HCLSoftware’s Data & Analytics business, specifically its … Read more

Enverus Acquires BidOut to Enhance AI-Powered Procurement Solutions

Enverus Acquires BidOut to Enhance AI-Powered Procurement Solutions

Enverus, an Austin, TX-based SaaS company dedicated to the energy sector, has acquired BidOut, a Houston, TX-based provider of an AI-powered procurement platform specializing in requests for anything (RFx). The financial terms of the deal were not disclosed. This acquisition allows Enverus to expand its offerings by integrating BidOut’s advanced sourcing capabilities into its own … Read more

MPAY Acquires Southland Data Processing to Enhance Payroll and HCM Solutions

MPAY Acquires Southland Data Processing to Enhance Payroll and HCM Solutions

MPAY, a Cornelius, NC-based provider of payroll and human capital management (HCM) solutions, has acquired Southland Data Processing, a company known for delivering comprehensive payroll services. The financial details of the deal were not disclosed. The acquisition will allow MPAY and Southland Data Processing (SDP) to combine their resources, technology, and talent, leveraging their collective … Read more

C Infinity Solutions Merges with Corgibytes to Enhance Software Modernization Services

C Infinity Solutions Merges with Corgibytes to Enhance Software Modernization Services

C Infinity Solutions LLC, an Alamo, CA-based technology consulting and digital engineering services firm, has completed its merger with Corgibytes LLC, a Richmond, VA-based software development company specializing in modernizing and maintaining custom software applications. As a result of the merger, Corgibytes’ clients and engineers will join C Infinity Solutions and continue their services under … Read more

Linked Eats Acquires Sauce Technologies to Enhance AI-Powered Solutions for Restaurants

Linked Eats Acquires Sauce Technologies to Enhance AI-Powered Solutions for Restaurants

Linked Eats, a Los Angeles-based provider of third-party delivery revenue management software for restaurants, has acquired Sauce Technologies, a company specializing in AI-powered solutions for digital ordering. The financial terms of the deal were not disclosed. This acquisition will enable Linked Eats to integrate innovative features across marketing and demand forecasting into its platform. Sauce … Read more

Dysrupt Acquires Half Past Nine

Dysrupt Acquires Half Past Nine

Dysrupt, a Los Angeles-based media agency, has acquired Half Past Nine, a growth marketing and strategy services firm. The financial details of the deal were not disclosed. Expansion of Services This acquisition will help Dysrupt expand its presence both domestically and internationally. It will also enhance Dysrupt’s capabilities in consulting and media execution, broadening the … Read more

insightsoftware Acquires LeaseAccelerator to Bolster Lease Accounting and Management Solutions

insightsoftware Acquires LeaseAccelerator to Bolster Lease Accounting and Management Solutions

insightsoftware, a global leader in reporting, analytics, and performance management solutions, has acquired LeaseAccelerator, a Reston, Virginia-based provider of automated solutions for lease accounting, real estate lease administration, competitive lease sourcing, and lease lifecycle management. The financial terms of the deal were not disclosed. Expanding Market Reach and Capabilities The acquisition enhances insightsoftware’s lease accounting … Read more

Formlabs Acquires Micronics to Enhance SLS 3D Printing Capabilities

Formlabs Acquires Micronics to Enhance SLS 3D Printing Capabilities

Formlabs, a leading 3D printing company based in Somerville, MA, has acquired Micronics, a Wisconsin-based 3D printing firm. The financial terms of the deal were not disclosed. Strategic Expansion The acquisition aims to integrate Micronics’ founders and team into Formlabs, strengthening their collective mission to make SLS (Selective Laser Sintering) 3D printing accessible to product … Read more

Ligand Acquires Apeiron Biologics for $100M, Expanding Oncology Portfolio

Ligand Acquires Apeiron Biologics for 0M, Expanding Oncology Portfolio

Ligand Pharmaceuticals, a biopharmaceutical company based in San Diego, CA, has acquired Apeiron Biologics AG, a Vienna, Austria-based private biopharmaceutical company, for $100 million. This acquisition provides Ligand with the royalty rights to QARZIBA®, a commercial oncology drug marketed in 35 countries by Recordati S.p.A. Apeiron Biologics, led by CEO Peter Llewellyn-Davies, co-develops QARZIBA for … Read more