BMC in Acquisition Talks with Enterprise Software Maker CA
BMC Software and CA are working on a deal that would see the software companies combine as part of a transaction to take CA private. BMC and CA have already approached banks about structuring a debt package to finance the potential purchase of CA.
CA, formerly known as Computer Associates, built its business by providing mainframe computers to banks and other large institutions. More recently it has been trying to move its business to the cloud.
The deal would combine two of the largest U.S. providers of information technology management software and would be the biggest leveraged buyout since Dell’s $24.4 billion take-private transaction in 2013
Deutsche Telekom to Merge with Sprint
Deutsche Telekom, T-Mobile’s parent company, is reportedly preparing for a potential merger with Sprint.
Executives of both companies have said that a merger would save billions of dollars in costs and help them compete against larger rivals AT&T and Verizon Communications.
“We have looked at every other alternative to make sure we are making the right decision,” said Marcelo Claure, Sprint CEO, on Halftime Report.
“If the government works to allow us to combine, we’ll be No. 3, but we’ll be a formidable competitor and we’ll continue to disrupt the industry.”
Meltwater Acquires Analytics Start-up Klarity
Meltwater, the international media intelligence company, has acquired Klarity, a Hong Kong-based analytics start-up.
Klarity specialises on social media monitoring and analytics. Its social monitoring capabilities allow companies to monitor their brand and relevant keywords across more than 12 social channels. Its analytics capabilities allow companies to compare their social media performance against competitors.
“We believe Klarity is the strongest social media analytics company in Asia,” said Jorn Lyseggen, Meltwater’s founder and CEO.
“We are impressed with their technical sophistication, localized content, and the entrepreneurial team that has proven they can build state of the art products.”
Epic Acquires Product Warranty Analytics Firm After Inc.
Epic Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced the acquisition of After Inc., a product warranty analytics firm.
After Inc. offers advanced warranty products and services to top brands including Canon, Electrolux, Ford, Polaris and Seagate Technologies. The acquisition was made primarily to bolster EPIC’s subsidiary company, PowerGuard Specialty Insurance Services.
“For several years we have been searching for the right data analytics partner to strengthen and augment PowerGuard’s offerings, and to create new capabilities for their diversification into product warranty fields other than wind and solar, “ said John Hahn, EPIC CEO and Co-founder.
“It became evident to us that After Inc. provided the best platform and partnership to enhance and grow PowerGuard.”
RoundTower Technologies Acquires Mainstream Security
RoundTower Technologies, a leading solutions provider and consulting firm based on foundational and emerging technologies, announced it has acquired Mainstream Security, a specialist in advanced anomaly and cyber threat detection.
Mainstream provides its expertise to organisations to help them defend themselves against the ever-evolving threat of cyberattacks. Mainstream offers rapid anomaly detection combining digital forensics expertise with a 24/7 security operations centre.
“RoundTower has built a sizable security business practice over the past several years and this strategic acquisition allows us to round-out our IT security portfolio while adding additional high-end security services such as managed security services and red team pen testing,” said Stephen West, Managing Partner of RoundTower.
“We are excited to have Lou Carli and his talented team join the RoundTower family. Their skills and experience are unmatched in the IT security space and I look forward to seeing our business flourish with Mainstream’s advanced security capabilities.”