Doordash Chows Down on Chowbotics
Doordash — the nation’s leading food delivery service — says it has bought Chowbotics, a developer of robots that can prepare food. The terms of the deal weren’t disclosed. Chowbotics … Read More
Category: Deals
AppLovin to Acquire App Measuring Firm Adjust
PALO ALTO — AppLovin, a global technology platform that provides developers a unified set of tools to grow their online apps, has agreed to buy Adjust, a mobile app measurement … Read More
Uber Buying Drizly for $1.1 Billion
SAN FRANCISCO — Uber will soon be bringing you the booze. Uber announced it will acquire Boston-based Drizly for approximately $1.1 billion. The deal will likely be 90% stock and … Read More
Synchrony Buys Allegro Credit
Financial services firm Synchrony has agreed to buy Allegro Credit, based in Burlingame, for an undisclosed amount. Allegro Credit is a provider of point-of-sale consumer financing for audiology products, dental … Read More
Citrix Snaps Up Wrike for $2.25 Billion
Florida-based Citrix Systems, Inc. has agreed to acquire Wrike, a rapidly growing, developer of SaaS collaborative work management space, for $2.25 billion in cash. Headquartered in San Jose, and employing … Read More
Adobe Buying Workfront for $1.5 Billion
SAN JOSE — Software company Adobe is looking to acquire Utah-based Workfront, which operates a leading work management platform for marketers, for $1.5 billion. With more than 3,000 customers and … Read More
NerdWallet Buys Fundera
SAN FRANCISCO — NerdWallet, a website and app that provides financial guidance to more than 160 million consumers, has acquired Fundera, a financial resource for the 28 million small and medium-sized businesses … Read More
Amazon Buys Zoox for $1.2 Billion
Internet giant Amazon is buying Zoox, a Foster City-based developer of self-driving car technology for a reported $1.2 billion according to The Wall Street Journal. This amount is far lower … Read More
Intuit Buying Credit Karma for $7.1 Billion
MOUNTAIN VIEW — Intuit, best known for TurboTax, QuickBooks and Mint software, has agreed to acquire Credit Karma, the consumer financial platform offering free credit scores and over 100 million members in the … Read More
Shape Security Sells to F5 for $1 Billion Cash
SANTA CLARA – Seattle-based F5 Networks is buying Silicon Valley-based Shape Security for $1 billion in cash. Shape Security is privately held while F5 trades on the Nasdaq Stock Market. … Read More
PayPal Devours Honey for $4 Billion
SAN JOSE — PayPal Holdings, Inc. is buying Honey Science Corporation, a rapidly-growing technology platform for shopping and rewards, for approximately $4 billion. Honey, based in Los Angeles, will transform … Read More
Google Buying Fitbit for $7.35 Per Share
SAN FRANCISCO — Fitbit, Inc. maker of smartwatches and fitness devices, said it will be acquired by Google LLC for $7.35 per share in cash, valuing the company at $2.1 … Read More
Broadcam Buys Symantec Name, Security Business for $10.7 Billion
MOUNTAIN VIEW — Cyber security company Symantec Corp. is selling its Enterprise Security assets, which include the Symantec name, to Broadcom Inc., for $10.7 billion in cash. The transaction, which … Read More
Cisco Buying Mountain View’s Voicea
SAN JOSE — Cisco said it will acquire privately-held Voicea, a voice software firm headquartered in Mountain View. The amount of the deal wasn’t disclosed. Cisco was an investor in … Read More
Doordash Gobbles Up Caviar for $410 Million
SAN FRANCISCO — DoorDash, the nation’s largest food-delivery service, has struck a deal with Square to acquire its Caviar delivery platform for $410 million in cash and DoorDash preferred stock. … Read More
NVidia to Buy Mellanox for $6.9 Billion
NVIDIA announced it will acquire Sunnyvale and Israeli-based Mellanox for $125 per share in cash or a total value of $6.9 billion. The acquisition will unite NVIDIA’s computing platform and … Read More
Eero Bought by Amazon
SAN FRANCISCO — Tech giant Amazon has agreed to buy SF-based home WiFi specialist eero for an undisclosed amount. eero’s home mesh WiFi systems set up in minutes and blanket … Read More
Finisar Bought for $3.2 Billion
SUNNYVALE — Finisar, maker of optical cables and components, has been sold to II-VI Incorporated, a leader in engineered materials and optoelectronic components based in Pennsylvania. II-VI will acquire Sunnyvale-based … Read More
Oracle Snaps Up GoBalto
Oracle is buying goBalto, a company that delivers cloud solutions to clinical drug trials by streamlining and automating the selection and set up of the best performing clinical research sites … Read More
LinkedIn Buys Glint
SUNNYVALE — LinkedIn, the Internet’s leading professional business network and a division of Microsoft, has agreed to purchase Redwood City-based Glint for at least $400 million according to CNBC. Glint … Read More
PayPal Pays $400 Million for Hyperwallet
SAN JOSE — PayPal Holdings is opening up its wallet to buy San Francisco-based Hyperwallet, a leading global payout platform, for $400 million in cash. The purchase of Hyperwallet enhances … Read More
LiveAction Buys Savvius
PALO ALTO — LiveAction, a provider of IT network management, visualization, and analytics software has acquired Savvius, a developer of packet-capture and analytics appliances and forensic software solutions. Terms of the … Read More
Square Rounds Up Weebly for $365 Million
SAN FRANCISCO — Square, Inc. has agreed to acquire Weebly, a San Francisco–based technology company that lets customers easily build a professional website or online store. Square will pay a … Read More
Francisco Partners Buying Verifone for $3.4 Billion
SAN JOSE, Calif. & SAN FRANCISCO — Private equity firm Francisco Partners is buying Verifone Systems, a leader in payment and commerce solutions, for $23.04 per share in cash or … Read More