This week in Software: Enterprises leverage strategic cloud partnerships to expand into new geographies

Enterprise Software

Mergers and Acquisition
Workday to acquire engagement app Peakon for USD 700 Mn
The deal is part of Workday’s efforts to help employers keep track of their teams in the era of remote working. Read More>>
CoStar inching close to acquire CoreLogic

CoStar and Warburg Pincus, a private equity group, are the final two bidders in the quest to buy real estate data giant CoreLogic. CoreLogic is a leading provider of consumer, financial, and property data, analytics, and services to business and government. Read More>>

Bloomreach to acquire Exponea

Bloomreach, a commerce experience solutions provider, is acquiring Exponea, a customer data platform provider. Financial terms of the deal were not disclosed, but the deal is being supported through a USD 150 Mn investment from Sixth Street Growth. Read More>>

Partnership Signals
Dynatrace announces expanded strategic partnership with Google Cloud
As part of this, Dynatrace will deliver its observability platform for Google Cloud available for purchase through the Google Cloud Marketplace. This means Google Cloud customers can now easily implement Dynatrace’s automatic and intelligent observability for their Google Cloud and hybrid-cloud environments. Read More>>
Cybereason partners with Ensign to provide managed detection and response services in APAC

The partnership enables mutual customers access to elite threat hunting, next-generation detection and response capabilities and delivers actionable security intelligence to address evolving cyber risks faced by organizations and their distributed workforce. Read More>>
Confluent announces strategic alliance with Microsoft

With Confluent Cloud as part of the Azure platform, customers can leverage Kafka as a managed service and stream data into Azure data services for low-latency, real-time analytics with pre-built connectors to Azure Data Lake Gen 2, Databricks, Cosmos DB, and Azure Synapse for analytics. Read More>>
Prodoscore announces integration with RingCentral

By leveraging RingCentral’s Open APIs, Prodoscore can provide companies using RingCentral’s cloud-based communications platform with data and analytics on RingCentral usage. Read More>>

Executive movement
Galileo appoints former PayPal exec Archie Puri as new Chief Product Officer
Prior to joining Galileo, Puri spent eight years at PayPal, most recently as general manager for Braintree (a PayPal service) and VP of product and technology for enterprise & partner solutions. Read More>>
PTC promotes Syed Ali Akbar to CEO
Syed Ali Akbar became a part of PTC Ltd. in May 2019 as the marketing director, with over two decades of experience working with various multinational corporations and Fortune 500 companies in Pakistan and the Middle East, North Africa, and North America. He joined the company’s board in November 2019 Read More>>
Ipsos appoints Vicky Abad as Philippines’ country manager
Abad brings with her more than 30 years of experience in the market research industry to lead Ipsos in transformational growth initiatives aimed at strengthening the company’s market position in the Philippines. Read More>>

Mass Hiring
Medallia plans 100 remote jobs in expansion to Ireland
Medallia plans to establish a mid-market sales and support hub in the country, though the initial jobs will not be based at a fixed location. Medallia’s ‘experience management’ software aims to help organizations better understand what staff and users experience when interacting with their products and services daily. Read More>>
Cloud-software firm Veeva plans to add 200 jobs in Boston over the next 18 months
As cloud-software firm Veeva Systems races to keep up with its clients’ growth in the life sciences sector, the California-based company is turning to the Boston labor market for some help, with plans to add 200 jobs to its local operations over the next 18 months. Read More>>

Consumer Software

Mergers and Acquisitions
Rakuten to acquire Fillr
Fillr autofill was integrated into the Rakuten iOS mobile app in 2018 and its Android mobile app earlier this year. Read More>>
Uber spins off Postmate’s robotics division

Postmates X will be spun off as a new company, Serve Robotics, in which Uber will retain its ownership stake. Read More>>

Shutterstock acquires TurboSquid

The USD 75 Mn move is both a talent and an IP acquisition, and it will give Shutterstock’s two million customers access to raw materials for making images from scratch. Read More>>

Partnerships
Merkel partners with LinkedIn and Madison Logic
Merkle and LinkedIn’s cooperation will provide marketers with joint innovation and planning, custom data and insights, access to product alphas and betas, and certified teams and custom training opportunities. Read More>>
Docker Hub and JFrog partnership removes image pull limits for aritfactory users
The partnership would enable JFrog Artifactory users to avoid Docker Hub image pull rate and retention limits. Read More>>
Connells agrees ‘Long-term partnership with Zoopla
Connells will now consult on Zoopla’s new technology pipeline and trial exclusive products across its near 600 branches, paving the way for all the portal’s agent partners. Read More>>

Center setup and expansion
Facebook data center taking shape in Los Lunas
The company expects about USD 1 Bn to be invested in New Mexico, and by the time the data center is complete, there will be 350 permanent jobs on-site. Read More>>
TikTok ban puts the brake on ByteDance’s India office space expansion plans
The company is unlikely to go ahead with its plan to occupy big space in Mumbai’s Goregaon suburb as committed in July, right in the middle of the pandemic and uncertainty over its future in the country, said people with direct knowledge of the development. Read More>>
Amazon expands into Missouri
The massive-online retailer is opening two new AMXL facilities in Joplin and Springfield, creating hundreds of jobs that start at USD 15 per hour. These AMXL sites specialize in handling heavy and bulky items as well as last-mile deliveries. They are expected to open in February and March. Read More>>

Executive Movement
Jagadeesh J named VP-marketing at Unacademy
Bengaluru-based online learning company Unacademy has appointed Jagadeesh J as its new VP-marketing. The post fell vacant after Karan Shroff was promoted to the post of CMO in September last year. Read More>>
Ancestry announces the appointment of Mark Thompson as chairman of the Board of Directors

Thompson’s appointment at The New York Times Company followed an eight-year term as Director General (CEO and Editor-in-Chief) of the BBC. Read More>>

Layoff
Uber lays off 180 Postmates employees amid integration

Uber is laying off more than 180 employees from its newly acquired Postmates business, according to the New York Times. The layoffs are not necessarily surprising as Uber brings the smaller Postmates into the fold and works to integrate the service with its own delivery arm. Read More>>

Headlines From The Startup World

Startup Spotlight

Latest Insights & Reports

Salesforce Market Analysis In the fiscal year 2020, the annual revenue was USD 17.1 Bn, an increase of 29 percent year-over-year. Subscription and support revenues accounted for approximately 94 percent of its total revenues. Read more

Amazon Web Services Account Intelligence Report AWS’s recent partnerships are primarily aimed at transforming the delivery of content in media operations and migrating a large amount of data to the cloud with minimal time.
Read more

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