This Week in Tech M&A – May 8, 2015

By on May 8, 2015

skytrain-457296_1280My oh my…is it May already? Time sure flies. Well here’s your weekly dose of tech M&A:

Acquisitions:

Yelp said to be looking for a buyer.

Is Microsoft serious about acquiring Salesforce? There was talk but it appears no deal will happen.

Cisco acquires communication platform Tropo to compete against Twilio.

Gravity4 has made a $350 million bid for publicly-traded programmatic advertising platform Rocket Fuel.

Oracle hires the engineering team from shuttered cloud startup Nebula.

Alibaba reportedly in talks to buy $1.2 billion stake in India phone maker Micromax.

Uber said to be throwing its hat in the ring to buy Nokia’s Here mapping service for up to $3 billion.

RockYou acquires Playhaven from Science to move deeper into mobile ad networks.

Atlassian acquires team chat service Hall to bring more non-technical users to HipChat.

 

Funding:

Filing shows mobile shopping app Wish is now valued at over $3 billion after possibly raising more than $500 million.

Zero-fee stock trading app Robinhood nabs $50 million from NEA to go global.

Banjo raises $100 million to detect world events in real-time.

Max Levchin’s lending startup Affirm raises $275 million in equity and debt.

Zenefits raises $500 million at a $4.5 billion valuation.

Automated savings startup Digit raises $11.3 million from General Catalyst.

 

IPO:

Fitbit files paperwork to raise $100 million through IPO.

SunGard prepares IPO, aims to raise around $750 million.

 

People:

SurveyMonkey’s CEO Dave Goldberg tragically passed away last weekend.

Square hires Mary Kay Bowman, the former Amazon executive that launched a mobile card reader competitor.

Former HP CEO Carly Fiorina is running for president.

Apple’s senior vice president of retail and online stores Angela Ahrendts was the highest-paid female executive in the US last year.

Operator names Phil Fung as co-founder.

Flickr’s head has left Yahoo for personal reasons.

Freshbook’s CFO Mark MacLeod has stepped down to launch SurePath Capital Partners.

 

News:

Accel and DJI will partner on special fund focused on drones.

Zynga plans to cut 18% of its workforce following a successful quarter.

Mobile Internet “unicorn” companies now valued at $575 billion worldwide.

Communications platform Layer announces fund to back apps that use its offering.

Wattage closes its doors after running out of cash, says that “we failed”.

500 Startups announces its thirteenth batch of companies.

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