Mood Media Acquires PlayNetwork
SAN FRANCISCO--(BUSINESS WIRE)--Mood Media (the “Company”), the world's leading in-store media solutions company driving elevated Customer Experiences, today announced it has acquired PlayNetwork, a global music technology partner and audiovisual systems provider supporting customer experience for brands worldwide from Octave Group. Financial terms of the transaction were not disclosed.
Rocket Lab wins NASA contract for Mars spacecraft as interplanetary missions become less costly
Rocket Lab, which is nearing the close of its SPAC deal to go public, announced Tuesday it won an early contract that may send two of its Photon spacecraft on a mission to Mars in 2024.
Aspect Software Announces Merger With Noble Systems
WESTFORD, Mass.--(BUSINESS WIRE)--Today, Aspect Software will merge with Noble Systems of Atlanta Georgia, to form Alvaria™, (pronounced: ahl-vahr-ee-uh), a new global company delivering optimized customer experience and workforce engagement software and cloud services technology solutions.
The Next Space Race—and How to Play It
Like many kids, Luca Rossettini wanted to go to space.
His wasn’t a typical childhood dream—one that fades away with age. Today, Rossettini, who was born in Vicenza, Italy, is an aerospace engineer with a doctorate in advanced space propulsion and a master’s in strategic leadership toward sustainability. He also served in Italy’s Folgore, an army paratrooper brigade.
MarkLogic Appoints Data Industry Veteran Jeffrey Casale as Chief Executive Officer
SAN FRANCISCO--(BUSINESS WIRE)--MarkLogic Corporation, a leader in cloud data management, today announced that Jeffrey Casale has been named Chief Executive Officer. The company also announced that David Donatelli, a senior executive with extensive leadership experience at Fortune 50 technology companies, will join its Board of Directors.
Vector Capital Completes Acquisition of Mood Media
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Mood Media, the world's leading in-store media solutions company dedicated to elevating the Customer Experience.
Cambium Networks Corporation Announces Pricing of Secondary Offering
ROLLING MEADOWS, Ill., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Cambium Networks Corporation (Nasdaq: CMBM) (“Cambium”), a provider of wireless networking infrastructure solutions, today announced the pricing of an underwritten secondary public offering of 2,500,000 ordinary shares to be sold by Vector Cambium Holdings (Cayman), L.P. (“VCH, L.P.”), which is owned by Vector Capital and certain of its affiliates (together with VCH, L.P., “Vector Capital”), at a public offering price of $28.00 per share, for total gross proceeds to Vector Capital of approximately $70 million, before deducting underwriting discounts and commissions and offering expenses. The offering is expected to close on December 8, 2020, subject to the satisfaction of customary closing conditions. In addition, Vector Capital has granted the underwriters a 30-day option to purchase up to an additional 375,000 ordinary shares at the public offering price, less underwriting discounts and commissions.
Donuts Inc. to Acquire Afilias, Inc
BELLEVUE, Wash., Nov. 19, 2020 /PRNewswire/ -- Donuts Inc., the global leader in next generation top-level domains (TLD) and digital identity, today announces that it has entered into an agreement to purchase Afilias, Inc. for an undisclosed sum. The transaction, which will not include Afilias' mobile software and registrar businesses, is expected to close in Q4 2020, following successful completion of regulatory requirements.
Vector Capital Portfolio Company Emarsys Completes Sale to SAP
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful sale of Emarsys, a leading provider of cloud-based talent management software, to SAP SE (NYSE: SAP). Terms of the transaction were not disclosed.
Work from home and increasing cyber threats will drive cybersecurity M&A
Deal activity in the cybersecurity sector is being driven by a combination of rising cyber threats and more people working from home. Earlier in 2020, Francisco Partners and Vector Capital-backed cybersecurity company WatchGuard Technologies acquired network security provider Panda Security. Mergers & Acquisitions spoke with WatchGuard CEO Prakash Panjwani about the Panda deal and M&A trends in the sector.