Aspect Software to be Acquired by Vector Capital
Aspect Software, Inc. (“Aspect”), a leading provider of fully integrated customer engagement, workforce optimization, and self-service omni-channel solutions, today announced it has entered into a definitive merger agreement to be acquired by Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses. Under the terms of the agreement, Vector Capital will invest more than $100 million of equity capital in Aspect’s business, and Aspect’s existing lenders will continue to support the company by providing Aspect with a new credit facility at closing.
Vector Capital Completes Acquisition of Host Analytics
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Host Analytics Inc., a leading provider of cloud-based enterprise performance management (EPM) solutions. In connection with the transaction closing, Ron Baden, Chief Revenue Officer, has been named interim Chief Executive Officer, and Dan Fletcher, Vice President at Vector Capital, has been named interim Chief Financial Officer. Host Analytics CEO Dave Kellogg and CFO Ian Charles are stepping down from their positions and will assist the company through the transition period.
Corel Acquires Parallels, Further Accelerating its Growth in Global Software Market
Corel Corporation today announced that it has acquired the Parallels business, a global leader in cross-platform solutions best known for its #1-selling software for running Windows on Mac.
Enterprise Performance Management Leader Host Analytics To Be Acquired By Vector Capital
Host Analytics Inc., a leading provider of cloud-based enterprise performance management (EPM) solutions, has signed a definitive agreement to be acquired by Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses.
Vector Capital Sells Triton Digital to E.W. Scripps for $150 Million
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced closing of the sale of Triton Digital, Inc. (“Triton”), a leading technology provider to the audio streaming and podcast industry, to The E.W. Scripps Company (NASDAQ: SSP) for $150 million.
Vector Capital Provides $100 Million Second Lien Term Loan to Support Permira’s Acquisition of Synamedia
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced that it has provided a $100 million second lien term loan to support the Permira Funds’ acquisition of Synamedia from Cisco.
Scripps to Acquire Triton
The E.W. Scripps Company (NASDAQ: SSP) is acquiring Triton, the global leader in digital audio technology and measurement services, helping Scripps advance its strategies for near- and long-term value creation.
Saba Software Announces Agreement to Acquire Lumesse, Accelerating its Global Leadership in Talent Development
Saba Software Inc., a global leader in talent development solutions, and a portfolio company of Vector Capital, today announced that the Company has entered into a definitive agreement to acquire Lumesse, a leading provider of talent acquisition, talent management and learning experience technology in Europe.
Saba Software- Engage and Inspire: The New Way
Many garages, basements, and dorm rooms in San Francisco are testimonies to the success of tech giants like Google and Amazon that started scripting their way to fame from within those four walls. Saba Software's history resembles these big names not only in terms of the genesis but also the success journey. Nestled in a tiny garage in the Bay Area in 1997, Saba Software played a pioneering role in Learning Management System (LMS) solutions. Fast forward to today, the company has become a global player providing transformational talent management solutions. The company has a simple formula to deliver efficient talent management software: Start with people at the nexus of every business. With this ideology, Saba provides talent management solutions through innovative ways to help people grow and thrive in an organization. For Saba, the people aspect is crucial, whether it is building the solution or the team. Their focus on people takes talent transformation to the next level. “Our people have been at the forefront of the talent management evolution, changing the way organizations optimize business growth and success through new ways of managing and engaging their people," explains Phil Saunders, CEO, Saba Software.
Connectivity Helps Save Lives
The whole world has been watching the rescue of the boys and their coach trapped in the cave in Thailand. As is the case in any disaster recovery effort, connectivity plays a key role in coordinating response teams to best help people in need. Helping to coordinate the underground rescue effort were teams above ground with wireless connectivity supplied by KING IT and operated by 3BB, the local telco. Working together, they created a hotspot at the cave entrance with Wi-Fi connectivity provided by Cambium Networks’ cnPilot™ outdoor access points.