Wed.Jul 12, 2023

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Europe greenlights Broadcom’s $61B VMware acquisition

TechCrunch: M&A

The European Commission (EC) has formally approved Broadcom’s $61 billion bid for virtualization software giant VMware , with the caveat that Broadcom fulfills certain ongoing commitments around access and interoperability. The megabucks deal, which sits among the biggest tech acquisitions of all time, was always likely to attract regulatory scrutiny when it was announced way back in May last year.

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Global M&A Insights - Innovation thrives amid challenging conditions

JD Supra: Mergers

As we look ahead to the second half of 2023, the outlook for M&A remains complex. In the six months to the end of June, global deal value stood at USD1.2 trillion, around one-third of last year’s annual total. Please see Publication below for more information.

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Cyber insurance startup Coalition acquires privacy assistant Jumbo

TechCrunch: M&A

San Francisco-based cybersecurity startup Coalition is acquiring Jumbo, a mobile app that lets you control your privacy on the web. I have covered Jumbo several times over the past few years, so it’s time to close the loop on this one. Terms of the deal remain undisclosed, but Jumbo says that its app is no longer going to be updated. Existing users can export social media archives or 2FA codes and the app will be shut down altogether next year In other words, Coalition isn’t necessarily looking

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GLI - Mergers & Acquisitions 2023 - 12th Edition

JD Supra: Mergers

Overview - The year 2022 started strong but proved to be a mixed year for M&A in what could be described as a return to earth after the record-setting year that was 2021. The U.S. M&A market alone exceeded $2 trillion in 2021 – a staggering figure that crushed (by nearly 30%) the then-existing record established in 2015. And while 2021’s M&A volume was spectacular, its exponentially increasing valuations, rising stock prices, low interest rates, and post-pandemic economic recovery tu

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Testing automation platform Tricentis acquires Waldo

TechCrunch: M&A

Tricentis , a test automation platform that has acquired quite a few testing services and startups over the years, is making another M&A move with the acquisition of Waldo , an automated testing tool for mobile development teams. I have covered Waldo several times over the past few years. The company has raised a seed round led by First Round Capital (with Josh Kopelman) and a $15 million Series A round led by Insight Partners — Tricentis is also backed by Insight Partners.

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Nearly half of banking customers say they are missing the human connection in banking

Global Banking & Finance

Nearly half of banking customers say they are missing the human connection in banking Research released today shows that banking customers are frustrated with their banking experience and are craving a more human connection from their interactions with their bank. The research has been commissioned by experience services business – Foolproof, a Zensar company.

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M&A Deals Face Additional Scrutiny under the FTC's New HSR Reporting Rules

JD Supra: Mergers

On June 29, 2023, the Federal Trade Commission published a Notice of Proposed Rulemaking that would dramatically expand HSR reporting requirements. The historic changes fundamentally alter the HSR reporting landscape, shifting to more of a “white paper” approach, similar to that of ex‑U.S. jurisdictions like the EU.

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Shares of this retailer could get a boost if the 'Barbie' movie is a hit

CNBC: Investing

"Barbie could generate enough buzz via social media and other avenues to drive incremental traffic to FIVE and incremental spend in the process," Roth MKM said.

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UK Public M&A Update – H1 2023

JD Supra: Mergers

In this update, we consider key statistics, trends, developments and highlights regarding UK public M&A transactions governed by the UK Takeover Code that were announced during the first half (H1) of 2023.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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These ETFs can help scratch the 'FOMO' itch without adding too much risk

CNBC: Investing

Investors who are jumping back into equities now will find many popular funds have high exposures to tech names that dominated the first half in the year.

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Gerald C. Meyers, C.E.O. Who Paved Way for the S.U.V., Dies at 94

The New York Times: Mergers, Acquisitions and Dive

He led a struggling but innovative (if not quirky) American Motors to record profits and helped fuel an appetite for off-road vehicles with the Jeep Cherokee.

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Here's an A.I. pure play that could get bought by a megacap tech, says investor Paul Meeks

CNBC: Investing

"One pure play AI company, C3.ai, probably at some point successfully sells itself to one of the mega tech cap companies," Meeks said on CNBC Pro Talks.

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Gemspring scoops up beauty products provider Bradford

PE Hub

Guggenheim Securities, LLC served as financial advisor to Gemspring while McDermott Will & Emery, LLP served as legal advisor. The post Gemspring scoops up beauty products provider Bradford appeared first on PE Hub.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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Bank of America says this gambling stock is reaching an 'inflection point' and should rally 20%

CNBC: Investing

DraftKings is poised for an upswing as the sports betting stock nears a margin and profitability inflection point, according to Bank of America.

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Pharos Capital-backed Vantage Surgical Solutions acquires Ophthalmic Surgical Solutions

PE Hub

Vantage is a provider of mobilized surgical solutions. The post Pharos Capital-backed Vantage Surgical Solutions acquires Ophthalmic Surgical Solutions appeared first on PE Hub.

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Chart analyst Katie Stockton shares how to play Nvidia at these levels

CNBC: Investing

After a blowout performance to start the year, shares of Nvidia are showing signs of "upside exhaustion," this chart analyst says

Shares 98
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CPP Investments to acquire majority stake in Europe’s Power2X

PE Hub

Power2X develops large-scale new energy assets and infrastructure focusing on decarbonizing industrial value chains and heavy transport. The post CPP Investments to acquire majority stake in Europe’s Power2X appeared first on PE Hub.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Deal-making is set to return to Wall Street soon, and Morgan Stanley says you should buy this stock now to benefit

CNBC: Investing

Merger and acquisition activity is set to rise next year after the Federal Reserve pauses interest rate hikes and markets stabilize.

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Nasdaq’s New De-SPAC FAQ

Deal Lawyers

In the first week of July, Nasdaq published four FAQs focused on SPACs.

Shares 100
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Where to invest $10,000 right now if you want to generate the most income, without a ton of risk

CNBC: Investing

There are plenty of opportunities to earn income right now. These are the best places to go, according to experts.

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ArcLight’s Marco Gatti: Commercial solar will continue to grow

PE Hub

ArcLight recently agreed to acquire part of Duke Energy’s commercial distributed energy business for $364m. The post ArcLight’s Marco Gatti: Commercial solar will continue to grow appeared first on PE Hub.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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Atlantic Equities downgrades Coinbase after rally, cites weak crypto volume

CNBC: Investing

The firm pointed out that cryptocurrency volumes are low, even as high prices buoy investor sentiment.

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Enlightenment Capital invests in software tech and consulting firm Red Alpha

PE Hub

Daniel Ra serves as CEO and chairman of Red Alpha. The post Enlightenment Capital invests in software tech and consulting firm Red Alpha appeared first on PE Hub.

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SunPower shares can more than double after recent selloff, Raymond James says

CNBC: Investing

The analyst views the weakness in the solar stock, down by more than 45% this year, as "excessive.

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Bonderman family office Wildcat pushes for Consolidated Communications to reject offer; Apollo spearheads $1bn-plus Apogem secondary

PE Hub

Edison Partners exits digital customer education business Northpass. The post Bonderman family office Wildcat pushes for Consolidated Communications to reject offer; Apollo spearheads $1bn-plus Apogem secondary appeared first on PE Hub.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Ornamental Fish Market to Surpass 11.68 Billion by 2030 Drives Due to the Increasing Demand for Colorful Aquarium Ornamental Fish

Global Newswire by Notified: M&A

SkyQuest projects that the ornamental fish market will attain a USD 11.68 billion value by 2030, with a CAGR of 8.5% over the forecast period (2023-2030). The increasing demand for colorful aquarium ornamental fish, particularly among millennials, is expected to be a significant catalyst for the ornamental fish market. Aquariums have become desirable accent centerpieces as consumers seek to enhance their living spaces.

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This automaker can navigate the EV transition better than investors think, Bank of America says

CNBC: Investing

The firm said there are more reasons to be positive on this automaker than Wall Street expects.

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Cooper buys two Western Canadian equipment rental companies

PE Hub

Based in Toronto, Cooper is a full-service construction equipment rental provider with 68 locations in six provinces. The post Cooper buys two Western Canadian equipment rental companies appeared first on PE Hub.

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