Corel Corporation Announces Strategic Transaction to Create Two Independent Companies
OTTAWA, Ontario, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Corel Corporation (“Corel”) today announced a definitive agreement that will separate its business into two independent companies. Under the terms of the definitive agreement, Vector Capital Management, L.P. (“Vector”), a leading private equity firm specializing in technology investments, will acquire Corel’s portfolio of creativity and productivity software and related brands. Parallels will remain under ownership of funds managed by KKR, a leading global investment firm. Financial terms of the transaction were not disclosed.
Vector Capital Completes Acquisition of Showpad
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital Management, L.P. (“Vector Capital”), a leading technology-focused investment firm, today announced the completion of its acquisition of Showpad, a leader in AI revenue enablement technology. In connection with the close of the transaction, Apratim Purakayastha (“Apratim”) has been named Chief Executive Officer, effective immediately.
“We are pleased to unite Showpad and Bigtincan under one brand to invest in the next phase of growth for the global leader in AI-powered revenue enablement,” said Amish Mehta, Chief Investment Officer and Managing Director at Vector Capital. “Apratim is a proven leader with deep software industry knowledge, and we are excited to work closely with him and the newly combined Showpad and Bigtincan teams to deliver innovative, transformative solutions that elevate buyer engagement and drive growth worldwide.”
WatchGuard Technologies Initiates Planned CEO Transition
Seattle, May 08, 2025 (GLOBE NEWSWIRE) -- WatchGuard® Technologies, a global leader in unified cybersecurity for managed service providers (MSPs), today announced a planned leadership transition. After a decade of impactful leadership, Chief Executive Officer (CEO) Prakash Panjwani will transition out of his operational role, continuing to serve on the Board of Directors and as a strategic advisor to the company. Vats Srivatsan, a cybersecurity industry veteran and Operating Partner at Vector Capital, has been named Interim CEO effective May 14, 2025, bringing decades of global leadership and domain expertise to guide the company forward. He is also joining WatchGuard’s Board of Directors.
Malwarebytes Acquires AzireVPN to Strengthen Security and Privacy Offerings
SANTA CLARA, Calif., Nov. 7, 2024 /PRNewswire/ -- Malwarebytes, a global leader in real-time cyber protection, today announced the acquisition of AzireVPN, a renowned privacy-focused VPN provider. Malwarebytes has long been a defender of user privacy through its portfolio of consumer solutions, including Malwarebytes Privacy VPN and its free ad and scam blocker web extension Malwarebytes Browser Guard. This acquisition further supports the company's mission to reimagine consumer cybersecurity to protect devices and data, no matter where users are located, how they work and play, or the size of their wallet.
Reconext Appoints Shahriyar Rahmati as Chief Executive Officer
NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Reconext is pleased to announce the appointment of Shahriyar Rahmati as Chief Executive Officer, effective immediately. Mr. Rahmati brings extensive leadership experience and a strategic vision that aligns seamlessly with Reconext's mission and ambitions for future growth.
A space company is headed to Mars this fall. No, it's not SpaceX.
During a solar storm, the sun unleashes a torrent of radiation into space.
If you're on Earth, the planet's atmosphere and magnetic field shield you against the most harmful health impacts. But if you were on Mars some 140 million miles away, how those gusts of energy would affect you and the rest of the Red Planet are less clear.
Malwarebytes Announces Acquisition of Leading Online Privacy Company Cyrus
Santa Clara, Calif. – August 24, 2023 – Malwarebytes, a global leader in real-time cyber protection, announced the acquisition of Cyrus, a disruptive innovator in online privacy solutions. This strategic acquisition reinforces Malwarebytes’ commitment to privacy by giving users more control over their information, no matter where or how they choose to browse and interact online. The Cyrus team and technology will also help Malwarebytes strengthen its mobile privacy solutions.
Mood Media Expands In-Store Solutions with Acquisition of Vibenomics, the Leading In-Store Ad Network Technology and Service Provider
AUSTIN, Texas, March 21, 2023 /PRNewswire/ -- Mood Media, the world's premiere on-premise experiential technology and media company, has acquired Vibenomics, the leading in-store digital advertising solution provider. Financial terms of the transaction were not disclosed.
Progress Completes Acquisition of MarkLogic
BURLINGTON, Mass., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced the completion of the acquisition of MarkLogic, a leader in complex data and semantic metadata management and a Vector Capital portfolio company. It is also another major milestone in Progress’ Total Growth Strategy.
Progress Announces Plans to Acquire MarkLogic
BURLINGTON, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced it has entered into a definitive agreement to acquire MarkLogic, a leader in managing complex data and metadata and a Vector Capital portfolio company. Upon closing of the planned transaction, MarkLogic is expected to enhance Progress’ commitment of delivering the best products to develop, deploy and manage high-impact applications by providing a unified enterprise-grade semantic data platform that empowers customers to derive value from complex data.