This Week in Tech M&A – October 10, 2014

By on October 9, 2014

night-357352_1280It’s Friday so that means it’s time for This Week in Tech M&A. And the past few days have been nothing but exciting and interesting…

Acquisitions:

Facebook closes its acquisition of WhatsApp, with a final price tag of $22 billion.

Container startup Docker acquires testing and development service Koality in a talent deal for its four employees.

Boku acquires its main competitor Mopay in carrier billing consolidation.

Microsoft is reportedly in talks to buy Israeli text-analysis outfit Equivio for about $200 million, according to WSJ.

Gaming development platform Unity is exploring a sale with a reported asking price of as high as $2 billion.

Box acquires MedXT, a cloud-based file storage system for medical imaging, to bolster its healthcare push.

Bluebeam Software, a technology company for the architecture, engineering and construction sectors, has been acquired by Nemetschek Group for $100 million.

Cornerstone OnDemand is buying Evolv, a seven year old big data company for $42.5 million.

New Relic buys dashboard tool Ducksboard to further its expansion into analytics.

Yahoo has acquired mobile messaging company startup MessageMe.

EBay has reportedly acquired Las Vegas-incubated startup Rumgr. 

 

Funding:

Square raises $150 million at a $6 billion valuation led by the Government of Singapore Investment Corporation, a new investor. Goldman Sachs and Rizvi Traverse Management also participated.

DocuSign gets a $115 million investment from three Japanese firms: NTT Finance, Mitsui & Co., and Recruit Holdings

Bitcoin wallet provider Blockchain announced it raised $30.5 million.

Beepi raises $60 million to sell used cars to the smartphone generation.

 

IPOs and corporate changes:

Following EBay and PayPal’s split, H-P announces that it too will divorce its personal computer and printing offering from its business technology service.

Hubspot goes public with opening shares priced at $33, higher than its IPO price, raising $125 million.

Cisco announces that it’s going to undergo a 25,000 person reorganization.

Symantec says it’s splitting into two companies: one focused on security and another on data.

Yahoo lays off 400 employees in India.

 

Data:

U.S. venture capital firms raised $6.1 billion in the third quarter of 2014 across 60 funds, up 40% year-over-year. VCs have raised more in the first three quarters of this year ($23.76 billion) than all of 2013 ($17.64), according to the National Venture Capital Association and Thomson Reuters.

 

People:

After parting ways with Lyft, former COO Travis VanderZanden signs up with Uber to head a new unit focused on international growth.

Microsoft CEO Satya Nadella says women shouldn’t ask for raises and should trust karma. Later, he admits that he answered question “completely wrong”.

Facebook names Joel Kaplan as its Vice President of Global Policy, as Marne Levin becomes Instagram’s Chief Operating Officer.

 

Interesting reads:

Can CEO Satya Nadella save Microsoft?

New Google+ head David Besbris says that the social network is here for “the long haul”.

CrunchBase data analysis suggests raising a second seed round won’t hurt your odds of raising a Series A.

Despite huge investments by venture capitalists in bitcoin startups, transaction volumes haven’t surged in the last year.

Free spending by startups stir memories of dot-com era excesses.

What’s going on with the tech ecosystem in Los Angeles?

 

Photo credit: Photolover_paul / Pixabay

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