M&A

Salesforce economy is definitely booming and set to register another phenomenal quarter ahead. The world's biggest CRM-maker for Marketing, Sales and Commerce has announced big updates this week. The big updates are: Salesforce will acquire Vlocity for $1.13 Billion.  Vlocity is a three-time Forbes Cloud 100 winner and strategic Salesforce ISV. It currently delivers industry-specific cloud and mobile software that embed digital, omnichannel processes for customer-centric industries. David Schmaier, CEO & Founder,…

Artificial intelligence (AI), the Internet of Things and data centers were the key drivers behind mergers and acquisition (M&A) activity over the last two years, according to GlobalData, a leading data and analytics company. IMAGE FOR PUBLICATION: Please click here for enlarged chart In 2018, the total transaction value of M&A deals announced in the global TMT sector reached $630bn, up 23% from 2017 and significantly ahead of other markets in both 2017 and 2018, according to GlobalData’s Deals Database.…

onQ, a revolutionary platform that humanizes the digital experience, transforming how organizations and consumers communicate and learn around digital content, announced that Amar Duggasani has been named as its President. Amar has more than 20 years of senior management experience, including more than a decade of strategy development, plan execution, capital raise and M&A at fast growing enterprise software companies, most recently as the principal of investment firm ARD Ventures.   Prior to that, Amar served as…