According to a recent survey, technology acquisitions in 2018 have increased over the past few years in the global scenario. It left behind expanding of customer bases in previously existing markets, the introduction of new products and even rendering world class services all through the year.
What’s more remarkable is that a worthy and successful company like Apple has now decided to invest a huge sum of 250 billion dollars this year, owing to the reason that this year is seen as a big opportunity for acquisitions.
Here is a list of major technology acquisitions of 2018.
1. SAP Acquired Qualtrics for $8 billion:
SAP a Germany based software enterprise which came in terms to usurp Utah based technology company Qualtrics after spending $8 billion in the month of November 2018.
The acquisition step was taken just the moment when a customer survey SaaS platform decided to make up an IPO. The company was bought right after Qualtrics fixed their IPO cost range from eighteen billion dollars to 21 billion dollars.
2. Oracle Acquired Talari Networks:
Talari Networks is an SD-WAN specialist and Oracle made an announcement on the 15th of November, 2018 that it had agreed to acquire Talari networks. Talari Networks is a silicon valley based company and their main focus is on software-defined wide area network which a modern method of linking networks of enterprises.
Both the technology and network are said to complement each other which was the main reason behind the this technology acquisition in 2018. Talari alone raised above 50 million dollars before being acquired by Oracle.
3. Apptio Acquired by Vista Equity Partners for $1.4 billion:
In the month of November 2018 vista equity partners acquired Apptio for $1.4 billion. Apptio is a Bellevue, Washington based firm which excels in creating tools for IT influencers to get a clear understanding of their expenses across complicated and mixed environments. It helps them to spot focal points and domains where the cost can be lowered.
The approach is often termed as TBM or technology business management. Among the many terms,the acquisition is inclusive of a thirty-day“go-shop” period, which gives permission to apptio’s board and advisories to potentially solicit and jump to negotiations or compromises with other parties who might be interested in making the acquisition.
4. IBM Acquired Red Hat:
News came in gushing on 28th October that IBM is going to acquire the enterprise Linux business Red hat at a price of $34 billion. This is seen as one of the biggest technology acquisition of 2018.
The acquisition of Red Hat is a game-changer. It changes everything about the cloud market,” said Ginni Rometty, IBM Chairman, President and Chief Executive Officer. “IBM will become the world’s #1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses.
- Read More: IBM Acquisition of Red Hat for $34 billion
5. Oracle Acquiring DataFox:
Oracle made an announcement of acquiring cloud based artificial intelligence company DataFox, but they never revealed the amount of money. This Technology acquisition happened in October 2018.
This start-up is San Francisco based and they are associated with cloud based AI data engines which provide real-time insights in a particular business by examining more than 2.8 million public and private sector businesses, more than five million digital properties, seventy thousand daily news articles and numerous unique signals.
The company managed to increase its net value from $19 million to a whopping $33 million in the month of January alone last year! Together the two companies will elevate the IT scenario, which was their plan, to begin with.
6. Adobe Acquiring Marketo for $4.75 billion:
Such announcements are nothing new to you by now, but this one might sound familiar. We all know Adobe and this company also announced an technology acquisition in the month of September 2018. It said that they were acquiring marketing software maker Marketo at a price of $4.75 billion. Marketo is quite popular and they are an established vendor in the market which was found in the year 2006.
Adobe in a statement said that adding Marketo’s engaging and ever-increasing platform to Adobe Experience Cloud might actually enable Adobe to offer a huge array of solutions for delivering customer experiences across industries.
7. Cisco Acquiring Duo security for $2.35 billion:
One major step ahead to lead in the race to become a security focused vendor, Cisco decided to acquire Duo security in the month of August 2018. Duo security is an Ann Arbor, Michigan based company which specialises on cloud based two-factor authentications which would help Cisco fulfil the dreams of becoming the leaders in the area.
Cisco is already marked and has crossed the $2.3 billion acquisition as a way to hype up its intent based networking into an environment with multiple clouds.
8. AT & T Acquiring AlienVault:
AT&T, at last, finished the acquisition of AlienVault in August 2018. AlienVault is a cybersecurity vendor and this Spanish rooted company is now operating from and based in the Silicon Valley. It excels in threat intelligence and responding to particular incidents through its unified security management platform and open threat exchange.
AT&T said to have planned to make a brand new cyber security solution division which will be taken forward by the president and CEO of AlienVault, Mr Barmak Meftah. The financial terms were not given out. AlienVault is said to have produced nearly $120 million since the day of its foundation which goes back to 2007. This included a $52 million round in the year 2015 which was led by institutional venture partners.
9. Siemens Acquiring no-code vendor Mendix for $700 million:
German technology giant Siemens acquired the no code development platform Mendix with a whopping amount of $700 million in the month of July 2018. Mendix is Dutch founded company which has its headquarters in Massachusetts at present. The company has grown to the point where it is known as the no-code pioneers by Gartner. Mendix is now said to be a part of the Siemens’ digital factory division.
These are just the list of companies which made huge progress after acquisitions and are surely the major technology acquisitions the world has seen in the year of 2018. Acquisitions will keep on happening and even bigger companies might merge in the future.