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This week in Software: Amazon signals podcast ambitions with latest acquisition

by | Jan 19, 2021
Enterprise Software
Mergers and Acquisitions
Revenue Management Leader, Model N, expands footprint to life sciences market
They have acquired Deloitte Consulting’s life sciences pricing and contracting solutions business and the underlying technology for a yet undisclosed amount. Read More>>
Dude Solutions to acquire UK based firm Confirm Solutions
Confirm software enables public sector organizations to deliver critical infrastructure services, maximize operational efficiencies, and leverage internet of things (“IoT”) technology to unlock smart applications and use cases. Read More>>
Sovos acquires LTax
The acquisition joins LTax’s withholding capabilities for wage income with Sovos’ nonwage income withholding offerings. LTax is Sovos’ fifth acquisition in 2020. Terms of the deal were not disclosed. Read More>>
Help System acquires Vera to broaden data security portfolio
Vera empowers customers in financial services, manufacturing, media & entertainment, and other industries to achieve the fine balance between strong security and productive collaboration. Read More>>
Enghouse acquires Altitude Software
Enghouse Systems has acquired Altitude Software, a provider of omnichannel contact center solutions, with a focus on the business process outsourcing market. Read More>>
Partnerships
IBM and Samsung team up with Red Hat to push Industry 4.0 innovation.
The partnership will explore and develop edge computing, 5G, and hybrid cloud solutions to aid businesses in enhancing operational efficiencies, flexibility, and safety on the path to realizing Industry 4.0. Read More>>
Deloitte boosts cloud migration with new AWS Partnership
Deloitte is enhancing its cloud migration and modernization strategy via a new collaboration with Amazon Web Services (AWS). The partnership will combine Deloitte’s global cloud consulting expertise with the technical experience of AWS Professional Services. Read More>>
Aurora Mobile enters into partnership with Nice Tuan to further drive user growth
Aurora Mobile Limited will help Nice Tuan with driving their user growth and improving user stickiness. Read More>>
HeadSpin partners with Google Cloud at the Edge
HeadSpin and Google Cloud have teamed up to support and enable use cases across multiple verticals by delivering 5G edge solutions. Read More>>
Executive Movement
Pine labs appoint Tanya Naik as the new head of Omnichannel
India’s Pine Labs has announced the appointment of Tanya Naik as the new Head of Omnichannel. Read More>>
Consumer Software
Mergers and Acquisitions
Amazon buys podcast network Wondery in a USD 300 Mn deal
Wondery founder Hernan Lopez will step down as CEO of the company following the deal with Amazon. COO Jen Sargent will oversee the company henceforth. Read More>>
EA Sports buys Codemasters for USD 1.2 Bn
The gaming giant outbid Take-Two Interactive Applications Inc. to acquire the UK racing games publisher. Read More>>
Unacademy buys NeoStencil as its 6th acquisition in 2020
The acquisition will help Unacademy increase its footprint in Tier-II and Tier-III cities in India. Read More>>
Partnerships
Uber and Al Nahda continue partnership across Saudi Arabia
They continue to work towards empowering more women in the Kingdom. Uber has provided Al Nahda beneficiaries with over 10,000 free trips this year alone, helping women move around their communities throughout much of the pandemic. Read More>>
Mass Hiring and Layoff
Paytm to hire staffs from smaller towns
Paytm has doubled down on its efforts to hire staff from smaller towns for IT, BPO and ITeS roles and allow them to continue working from those locations instead of moving to its offices in larger cities amid the pandemic. Read More>>
Executive Movement
Ecommerce giant Flipkart overhauls the company board.
The new directors who will be joining the Flipkart Board along with CEO Kalyan Krishnamurthy from 2021 are: Keki Mistry, Vice Chairman and CEO of HDFC; Suresh Kumar, CTO and Chief Development Officer of Walmart; and Leigh Hopkins, Executive VP of Strategy and Development for Walmart International. Read More>>
Kraken appoints Miha Grcar as Head of Business Development
Miha is a proven leader in the crypto trading industry most recognized for playing an integral role in building the Bitstamp exchange into Europe’s largest crypto exchange. Read More>>
Headlines From The Startup World
Startup Spotlight
Latest Insights & Reports
Snowflake Computing Account Intelligence Report: Snowflake’s Product Revenue grew from USD 96 Mn in FY’19 to about USD 252 Mn in the Financial year 2020, as the company grew its customer base by 152% from 948 in FY’19 to 2,392 users. Read more 
NetApp Account Intelligence Report: In financial 2020, NetApp’s total net revenues decreased 12 % compared to 2019, mainly due to lower revenues from product and hardware maintenance, partially offset by higher revenues from software maintenance. Read more 
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