SugarCRM moves into marketing automation with Salesfusion acquisition

SugarCRM announced today that it has acquired Atlanta-based Salesfusion to help build out the marketing automation side of its business. The deal closed last Friday. The companies did not share the purchase price. CEO Craig Charlton, who joined the company in February, says he recognized that marketing automation was an area of the platform that […]

VMware acquires Bitnami to deliver packaged applications anywhere

VMware announced today that it’s acquiring Bitnami, the package application company that was a member of the Y Combinator Winter 2013 class. The companies didn’t share the purchase price. With Bitnami, the company can now deliver more than 130 popular software packages in a variety of formats, such as Docker containers or virtual machine, an […]

American Express is acquiring Resy

American Express has today announced its intentions to acquire Resy, the CRM and reservation platform based out of New York. The terms of the deal were not disclosed. Resy launched back in 2014 as a platform that allowed users to buy reservations from restaurants in situations where they’d usually have to book months in advance. […]

Sisense acquires Periscope Data to build integrated data science and analytics solution

Sisense announced today that it has acquired Periscope Data to create what it is calling a complete data science and analytics platform for customers. The companies did not disclose the purchase price. The two companies’ CEOs met about 18 months ago at a conference, and running similar kinds of companies, hit it off. They began […]

ServiceNow acqui-hires mobile analytics startup Appsee

In a carefully framed deal, ServiceNow announced this morning that it has acquired the intellectual property and key personnel of mobile analytics company Appsee for an undisclosed price. Under the terms of the deal, the co-founders and R&D team will be joining ServiceNow after the deal closes. It’s worth noting that ServiceNow did not acquire […]

Razor startup Harry’s will be acquired by Edgewell Personal Care for $1.37B

Edgewell Personal Care, which owns brands like Schick (razors), Banana Boat (sunscreen) and Wet Ones (moist wipes), is adding Harry’s to that list in a $1.37 billion acquisition. Founded in 2013, Harry’s is part of the current wave of brands using the internet to sell products directly to consumers. (In addition to razors, it also […]

Bubble-driven boom in M&As hides steep costs long-term

Sridhar Vembu Contributor Sridhar Vembu is the co-founder and CEO of Zoho Corporation. Sridhar initially founded AdventNet in 1996 and became its CEO in 2000. Prior to AdventNet, Sridhar worked as a wireless systems engineer at Qualcomm, Inc. He has a bachelor’s degree in electrical engineering from Indian Institute of Technology, Madras, and PhD in […]

Square acquires conversational AI startup Eloquent Labs

Square has acquired conversational artificial intelligence startup Eloquent Labs to help its merchants improve customer service. Eloquent Labs, which raised a $1.5 million seed round back in early 2017, offers to small businesses a conversational assistant named Elle. The idea is that Elle will help merchants with common customer service-related issues like returns, product tracking […]

Fli Charge Technology acquired by Birch Lake to accelerate a wireless future

Fli Charge Technology is today announcing it was acquired by an affiliate of Birch Lake Associates. As part of the purchase, industry veteran Khalid Zitouni is taking the chief executive position as the company looks to expand its reach for Fli Charge’s clever power delivery technology. TechCrunch first spied Fli Charge at CES 2018 when […]

Why you don’t want Tumblr sold to exploitative Pornhub

Tumblr has been squandered ever since it was bought for $1.1 billion in 2013 by Yahoo, now part of Verizon Media Group. Without proper strategy or talent, the blogging tool and early meme-sharing network fell into decline while Medium and Instagram soared. Yahoo wrote down Tumblr’s value by $230 million in 2016. Then last year, […]