Business Acquisition

Bending Spoons acquires Airtable at 2.7x ARR, an 89% collapse from its 2021 peak valuation

Bending Spoons is buying Airtable at a $1.29B enterprise value, a fraction of its $11.7B 2021 peak, sending a sharp signal to B2B SaaS operators.

Progress Software acquires Domo's AI and data platform for $400 million

Progress Software is paying $400M for Domo's AI and data platform, adding 2,400+ enterprise customers and an agentic analytics layer to its AI infrastructure st

Databricks signs term sheet for $3 billion round at $188 billion valuation, led by Coatue

Databricks signed a term sheet for a $3B Coatue-led round at $188B, up 40% from a $134B valuation just months ago, to fund acquisitions and AI platform expansio

Genesys acquires Pinkfish to accelerate agentic AI in contact centers

Genesys buys Pinkfish to fast-track AI agent deployments, while Couchbase and MongoDB each roll out new tools aimed at closing key gaps in enterprise AI.

Mark Tina Explores the Importance of Partners in Verizon’s Success

A special episode of  The Verizon Partner Network focuses on an examination of an industry marked by fierce competition and rapid innovation is the subject. But most importantly, how the role of partnerships in a company’s success is increasingly vital. Mark Tina, VP of Indirect Channel Distribution and Channel Chief at Verizon Business, details why…

The Secret Behind Applied Digital’s Rapid Success

Wes Cummins, CEO of Applied Digital, highlights the foundation of Applied Digital’s success: its dedicated team of experts. In less than 24 months, the company has added an impressive 500 megawatts of capacity. This feat, according to Cummins, is credited to the company’s ability to recruit some of the best talents in the field and…

Twitter Sale Trial Set for October as Musk Holds Firm on Exiting the Deal

Tesla CEO Elon Musk has backed out of his deal to buy Twitter for $44 billion, claiming that the site has more bots and fake accounts than was initially disclosed to him. Twitter threatened court action and the breach of this deal has led them to requesting an expedited trial date, which has now…

Disrupting the Traditional Outsourcing Model

Key Insights: SMC Squared builds productive, team-fitting IT hubs for US-based and multinational companies. These hubs are rich with talent and provide companies with a cost advantage. Having a trusting relationship with partners is key to success in the industry.   Patricia Connolly recognized the need for change in an industry grappling for movement: outsourcing….