This Week in Tech M&A – September 19th, 2014

By on September 19, 2014

Here’s a roundup of news from the week in tech M&A, investing, and more:11721061573_0f0fccde74_z

Acquisitions

SAP is buying Concur Technologies, which manages expense tracking, for $8.3 billion. It ranks among the top ten largest ever software deals, according to WSJ.

In the week’s other large deal, Microsoft acquired Mojang and its Minecraft franchise for $2.5 billion.

Visual search leader Slyce acquired Israeli startup Pounce, makers of a mobile shopping app, for a reported $5 million in shares, cash, and incentives.

Oracle picked up Colorado content management platform startup Front Porch Digital, for an undisclosed amount.

Qualcomm acquired Dutch image-recognition app maker Euvision Technologies. Terms were not disclosed.

3D printing company Stratasys agreed to buy GrabCAD, the “Github for mechanical engineers,” for a reported $100 million.

Citrix has acquired virtualization startup Virtual, for an undisclosed amount.

Cisco announced its acquisition of Metacloud, an open stack cloud services company, for an undisclosed amount.

Red Hat is acquiring enterprise app platform maker FeedHenry, for $81.8 million.

IPO’s

Of course the Alibaba IPO is everywhere. As of late Thursday shares were valued at $68 per, likely leading to at least a $21.8 billion fundraise. Here are two other interesting notes: what Alibaba can learn from the Amazon and Google IPO’s; and early investors will have a chance to sell off $8 billion in shares on the day the IPO hits.

Data

Tom Tunguz looks into SaaS balance sheets, and advises on how much debt and cash to raise.

People

After only two years, Marc Benioff is stepping down from Cisco’s board of directors.

Lyft has hired former democratic house leader Dick Gephardt’s group to lobby and advise on policy, with an eye toward breaking down rideshare barriers.

Funding

The University of California’s $250 million venture fund has been approved. UC Ventures will help startups formed around research of faculty and students.

Must Reads

A veritable who’s who of Silicon Valley investors and entrepreneurs will be teaching a Stanford class called “How to Start a Startup.” Coordinated by Y Combinator’s Sam Altman, all classes will be posted on his website.

Li Jiang of GSV Capital posits his “Technology Theory of Everything,” linking sensors, AI, data and more the same way the physics ToE connects the laws of the universe.

VC Bill Gurley discusses the big risk of big startups raising mega rounds, and the massive burn rates investors are enabling. Other VC’s respond.

Tony Fadell talks the future of the connected home, and lets us all in on his vision.

Photo by articproductions.

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