About Author : Saipriya Iyer

Saipriya Iyer

A content developer by choice, Saipriya Iyer holds a rich experience portfolio of more than five years in the content creation domain. Equipped with substantial expertise across the business, technology, and finance domains, Saipriya currently pens down insightful articles for Business NewsUpdate and other portals that combine her knowledge of software technology and electronics.

Contribution by Saipriya Iyer

Salesforce to purchase business communication s/w platform Slack

Cloud-based software major, Salesforce, has reportedly opened talks for the acquisition of American business communication software platform, Slack. A deal with regards to the same could be announced as early as the next week, state sources with know...

HelloFresh US to take over leading provider of fresh meals Factor75

Globally leading provider of meal kits, HelloFresh’s US subsidiary has reportedly signed an agreement for the acquisition of Factor75, Inc., a leading supplier of fresh and fully-prepared meals. The takeover will integrate HelloFresh’s wo...

Western Union buys minority stake in Saudi Digital Payments Company

Global cross-border payments leader, Western Union, has reportedly entered into a definitive agreement for the acquisition of a minority stake in the fast evolving and completely owned subsidiary of Saudi Telecom Company, stc pay or Saudi Digital Pay...

IBM enters definitive agreement for the acquisition of Instana

IBM has reportedly entered into a definitive agreement for the takeover of observability and application performance monitoring company, Instana. The deal will help enterprises in better management of the complexity of modern applications across the ...

Palo Alto Networks buys Expanse for $800M worth in cash, equity awards

Palo Alto Networks has reportedly announced plans for the acquisition of Expanse in an $800 million deal. The transaction involves an amount of $670 million in stock and cash with another $130 million announced in equity awards to the employees at Ex...

Zix Corporation takes over cloud-based data backup leader CloudAlly

Leading provider of cloud email security and compliance solutions, Zix Corporation, has reportedly announced its acquisition of industry leading cloud-based data backup and recovery firm, CloudAlly Limited. According to Zix’s CEO, David Wagner...

Nordic takes over BearingPoint’s regulatory tech business RegTech

Nordic Capital has reportedly announced its acquisition of RegTech, the regulatory technology business of BearingPoint. RegTech is a prominent supplier of software solutions for regulatory reporting. Following the acquisition, BearingPoint will consi...

Onix signs collaborative agreement with Google Cloud solutions

Onix has reportedly entered into an expanded agreement with Google Cloud for increasing the adoption of Google Cloud solutions and products by customers. With an additional intention of advancing organizational growth, Onix has planned to leverage it...

SurveySparrow launches MS Teams integration to simplify remote working

More than seven and half months have passed since the WHO (World Health Organization) declared COVID-19 a pandemic. Thousands of millions of people have lived through nationwide lockdowns, while many people have made a sudden shift to working from ho...