Tag: software firm
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Schneider Electric to buy US software firm PTC in $22.6 billion deal
Oct 5 : France’s Schneider Electric struck its biggest deal ever on Monday, agreeing to buy PTC in an all-cash deal valuing the US software company’s equity at around $22.6 billion, it said in a statement.The $205-per-share offer implies an enterprise value of $23.7 billion for Boston-based PTC and represents
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Exclusive-Healthcare software firm Waystar explores options including sale, sources say
NEW YORK, Sept 15 : Software provider Waystar, whose products are used by hospitals and doctors to manage payments, is exploring options including a potential sale that could return it to private hands two years after a stock market listing in New York, seven sources familiar with the matter said.The Lehi, U
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Autonomous trucking software firm PlusAI to go public in $800 million SPAC deal
Sept 3 : PlusAI has agreed to go public through a merger with blank-check firm Texas Ventures Acquisition III Corp in a deal valuing the autonomous trucking software developer at about $800 million in pre-money equity value, the companies said on Thursday.The deal comes as self-driving truck companies move fr
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Australia’s top software firm WiseTech slumps 10% as e2open acquisition costs weigh
Aug 26 : WiseTech Global reported annual profit below market expectations on Wednesday, as acquisition-related interest and amortization costs tied to its e2open deal weighed on earnings, sending the logistics software maker’s shares down more than 10 per cent.Australia’s largest technology company shares by
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ServiceNow buys 5% of BusinessNext, values Indian software firm at $700 million
July 22 : ServiceNow has acquired roughly 5 per cent of BusinessNext in a deal that values the software provider at $700 million, as the Indian company looks to expand its autonomous banking tools through a partnership with the U.S.-based software giant.BusinessNext said on Wednesday it raised $40 million in
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Dassault Systemes in talks to buy drug trial software firm ArisGlobal, FT reports
July 16 : French software maker Dassault Systemes is in talks to buy drug-trial software maker ArisGlobal from Nordic Capital for about $2 billion, the Financial Times reported on Thursday, citing people familiar with the matter.• The potential deal would extend Dassault Systemes’ foray into software used i
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