A 360° view on tech world
DNSFilter, a Washington, D.C.-based provider of DNS-based web content filtering and threat protection, has announced it’s acquiring Guardian, a privacy-protecting firewall for iOS. Financial terms of the deal were not disclosed. Guardian was founded in 2013 by Will Strafach, a security researcher and former iPhone jailbreaker who in 2017 discovered that AccuWeather was secretly sending […]
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Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink and virtual asset provider OK-BIT — for an undisclosed amount, Crypto.com said. The company also said Monday it has secured registrations under South Korea’s electronic financial transaction act and as a virtual asset service provider. “We are committed to […]
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Ping Identity CEO Andre Durand sees another opportunity to continue growing the company under private equity ownership.
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Global investment giant Vista Equity Partners has announced plans to acquire automated tax compliance software provider Avalara in an all-cash deal worth $8.4 billion. Founded in 2004, Seattle-based Avalara works with companies including Zillow, Pinterest and Roku, helping to automate many of the time-consuming processes involved in managing taxes in each market they operate. Indeed, […]
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Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous […]
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Twitter has filed a legal response denying Elon Musk’s counterclaims about the company he’s supposed to acquire — a deal he’s trying to exit by claiming Twitter fraudulently misrepresented the number of fake accounts on the platform. The 127-page document sees Twitter refuting Musk’s various claims, saying that they are “a made-for-litigation tale that is […]
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Amazon this morning announced plans to acquire iRobot for an all-cash deal valued at $1.7 billion. The home robotics firm, best known for pioneering the robotic vacuum, was founded in 1990 by MIT Artificial Intelligence Lab members Colin Angle, Rodney Brooks and Helen Greiner. Twelve years after its founding, the company introduced the Roomba, a […]
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The U.K.’s Competition and Markets Authority (CMA) has provisionally greenlighted the proposed $8.1 billion merger of cybersecurity companies NortonLifeLock and Avast, with Microsoft emerging as an unlikely ally as the two companies seek to push the deal over the line. The merger has been hanging in the balance since the two companies announced their plans […]
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After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is buying the company and taking it private for $2.8 billion. The news was announced at the same time that Ping posted its Q2 earnings. The company said it […]
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Robotic process automation (RPA) company UiPath has acquired Re:infer, a London-based startup that’s developing natural language processing (NLP) tools for enterprises. Terms of the deal were not disclosed. Founded out of Romania initially as Deskover in 2005, UiPath is one of the preeminent RPA platforms, helping to automate repetitive software-based tasks at companies including Google, […]
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