This week in Software: Firms on acquisition spree to secure top position in cloud

Enterprise Software
Mergers and Acquisitions
Slack snapped up by Salesforce: 
Cloud computing pioneer Salesforce has agreed to a USD 27.7bn (£20.6bn) deal buy Slack, the workplace messaging app that has enjoyed a near-doubling of its market value during the COVID-19 pandemic. Read More>>
Google acquires data management company Actifio: 
Actifio is a leader in backup and disaster recovery. Read More>>

Vidyard’s free asynchronous video messaging integrates with Slack.
The integration enables Slack’s users to ‘show’ instead of ‘tell’ by creating and sharing videos with teammates with just a couple of clicks. Read More>>
PODS® Partners with Five9 to take their customer care to the cloud.
They will consolidate several IVR systems, callback queuing, quality management (QM), and others into a single enterprise-class solution. Read More>>
ANSR and IBM in talks to collaborate.
They seek to establish and operate centers of excellence in artificial intelligence and automation.Read More>>
Mindtree partners with Databricks.
The partnership will offer advanced, cloud-based data intelligence and collaboration to improve data-driven decision making. Read More>>

Centre setup and Expansion
IBM investing €10mn at Hungarian IT center.
The Hungarian government is supporting the expansion with a HUF1bn grant. The investment will add 300 jobs to the 1,700 at present. Read More>>
HP shifts HQ from California to Texas:
HPE said that there are no layoffs associated with plans to shift the location of its HQ from San Jose to Houston. Read More>>

Executive Movement
Mimecast appoints new CIO to lead the digital transformation.
Shahriar Rafimayeri will focus on digital transformation to further elevate customer, partner and employee experience. Read More>>
Fiserv, Inc. FISV announces a new appointment to its board of directors.
Denis J. O’Leary will join the company’s board as non-executive chairman, effective Jan 1, 2021. Read More>>
Former HPE Exec Dan Belanger Has Landed at AWS:
Dan Belanger, a 30-year veteran of Hewlett Packard Enterprise, is now heading up enterprise accounts at Amazon Web Services (AWS). Read More>>
Infor announces partnership with Elektroskandia to streamline its digital journey.
It will replace its existing enterprise resource planning (ERP) system with a modern, flexible, and mobile business system. Read More>>
New Product and Development
Carnegie Clean Energy has signed an agreement with Hewlett Packard Enterprise Company (HPE) to cooperate on a project to develop a reinforcement learning-based controller for the CETO wave energy technology.Read More>>
IBM cutting around 10,000 jobs in Europe.
This comes on the heels of last month’s announcement that the organization will be spinning out its infrastructure services business next year. Read More>>
Consumer Software
Mergers and Acquisitions
goPuff closes previously announced BevMo acquisition.
goPuff will expand its network of local micro-fulfillment centers on the West Coast by integrating BevMo’s extensive infrastructure. Read More>>
Uber finishes Postmates acquisition:
Raising fair value estimate of (UBER) to $59 (from $51) as the firm announced on Dec 1 the completion of its $2.65 billion all-stock acquisition of Postmates. Read More>>
Walmart-owned Flipkart Acquires AR Start-up Scapic:
Scapic creates immersive augmented reality (AR) and three dimensional (3D) experiences for the e-commerce space. Read More>>
India’s Tata Group is in advanced talks to buy as much as 80% of BigBasket:
The deal will value the local online grocer backed by Alibaba Group Holding Ltd at about USD 1.6 Bn. Read More>>

Product Launch
Google is pulling the plug on ‘Poly,’ its 3D model sharing website, in 2021.
Poly has provided APIs and a place to share 3D models with creators. The site also provided free 3D objects that could be used in virtual and augmented reality projects. Read More>>
AWS goes after Microsofts SQL Server with Babelfish for Aurora PostgreSQL.
AWS announced a new database product that will make it easier — and cheaper — for SQL Server users to migrate to the AWS cloud. Read More>>

Mass Hiring
Pushed by pandemic, Amazon goes on a hiring spree. 
The company has added 427,300 employees in 10 months, bringing its global workforce to more than 1.2 million. Read More>>
Executive Movement
eBay names Julie Loeger Global Chief Growth Officer.
As CGO, Julie will lead two critical, global teams that are focused on customer acquisition, retention, and service — Global Marketing and Global Customer Experience. Read More>>
Facebook fintech executive Oliver Gratry joins LeaseLock as CFO.
The senior financial executive comes onboard as LeaseLock experiences explosive growth as the leading insurtech platform for enterprise multifamily. Read More>>

Fundraising and Investments
Home-vacation giant Airbnb Inc plans for mammoth IPO.
The startup plans to raise as much as $2.75 bn, valuing it as high as nearly $35 bn. Read More>>
Flipkart’s payments firm PhonePe in partial spin-out, valued at USD 5.5bn.
The deal, which makes PhonePe USD 700 Mn in primary capital, boosts their value to $5.5bn, as the platform passes 200 Mn users.Read More>>
Confluence by Zinnov
The latest edition of Zinnov Confluence – Confluence Europe – has the overarching theme ’Engineering A Post-Pandemic World.’   

The theme centers around the key dimensions of people, process, technology, and business that will enable companies to be ready to succeed in a post-COVID-19 world. 
Vijay Swaminathan, CEO & Co-Founder, Draup, will be presenting a keynote talk on Reskilling for Relevance, where he will share rich insights on how companies need to rethink talent strategies to help redefine and reimagine their business outcomes.  

Read the blog here>>  

Vamsee Tirukkala, COO & Co-Founder, Draup will moderate a Fireside Chat on Ambition.Readiness.Acceleration – Driving Globalization ROI from 3.40 pm to 4.00 pm CET.
Register here for the event
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Startup Spotlight
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Equinix Account Intelligence Report: Equinix is keen to enhance its platform by adding new services and virtual capabilities that enable customers’ digital transformation with various digital infrastructure services. 
Read more. 
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