Spanning Acquired by EMC

Spanning LogoSpanning Cloud Apps, Inc., the most trusted provider of data backup and recovery for cloud applications, today announced that it has been acquired by EMC Corporation. The company will continue to operate under the Spanning® Cloud Apps brand in Austin, Texas and will be the foundation of EMC’s “born-in-the-cloud” data protection strategy in its Core Technologies Division. Terms of the acquisition were not disclosed.

The acquisition was announced in conjunction with the launch of the EMC Enterprise Hybrid Cloud Solution, which underscores EMC’s commitment to customers to deliver choice and agility in hybrid cloud deployments. The combination of EMC’s data protection portfolio and Spanning’s services positions EMC to empower users to confidently deploy data protection solutions across all applications and workloads, regardless of where the data is created or where the applications reside.

“We’re honored for this incredible recognition of our technology, our people and the successful business we’ve built,” said Jeff Erramouspe, Spanning CEO. “Joining forces with EMC validates our business and products as among the best for cloud application backup and recovery. This move provides the best of both worlds – the freedom to continue as Spanning while, at the same time, gaining a huge advantage in the marketplace through EMC’s sheer scale. This is an exciting new chapter. Spanning is now an even stronger company, ensuring that our customers will be able to count on us for their data protection needs for the long term, while our partners can confidently build businesses around our products.”

“EMC is committed to providing world-class data protection and availability solutions that address the entire range of customer use cases and workload types,” said Guy Churchward, President, EMC Core Technologies Division. “With the addition of Spanning into our portfolio we are reaffirming that commitment. Born-in-the cloud applications are increasingly populating the landscape at enterprises and mid-market organizations and the data they generate needs to be protected. Spanning and EMC partnered productively long before this acquisition, so we’re excited to formally welcome Spanning and its employees into the EMC fold.”

Spanning has helped thousands of organizations and more than 1.8 million people use the company’s products. In addition to providing automated backup and recovery of Salesforce and the complete Google Apps suite, Spanning technology is also designed to provide customers with constant monitoring of data backups, allowing administrators to correct problems before they become issues. Spanning’s solutions mitigate risk of data loss caused by user error, hackers or system error and ultimately improve business efficiency.

EMC will leverage its global sales force and partner ecosystem to sell Spanning products and capitalize on the market opportunity for protection of born-in-the-cloud application data. Spanning technology enhances EMC’s industry-leading portfolio of enterprise data protection solutions, by extending protection to cloud-based applications and the business-critical data they create.

Spanning Acquired by EMC

HireBetter Acquires Expiritis Consulting Group

Sent today by CEO Kurt Wilkin.

HireBetter LogoI’m excited to announce HireBetter’s third acquisition this year! We have expanded our presence in Texas by acquiring Expiritis Consulting Group, a Dallas-based firm specializing in providing growing companies executive search, interim search and talent management expertise.

By combining forces, HireBetter and Expiritis will be better positioned to help our high-growth middle market clients scale and get to the next level – across Texas and beyond. Patrick Webster, Expiritis CEO, and his team share our professional service, business-first philosophy on recruiting, which is quite uncommon in the industry.

Many of you may already know Patrick, who previously worked with several members of the HireBetter team at Tatum running the Executive Search arm of Tatum’s consulting division. He’ll remain with HireBetter in Dallas as Client Service Executive. His deep knowledge of talent strategy and his work with the Human Capital Institute will be instrumental in building HireBetter’s Strategic Talent Planning offering. He’s very passionate about helping leaders overcome the myriad challenges they face as they move through various stages of growth. We’re excited to have Patrick and his team join us!

We appreciate your continued support during this exciting time at HireBetter, as we progress toward our goal of transforming the recruiting industry. Please call or email me with your feedback or if you would like to learn more.

HireBetter Acquires Expiritis Consulting Group

Good Technology Acquires Macheen

Good Technology, the leader in secure mobility, today announced its acquisition of Macheen, Inc., a privately held, mobile cloud application service provider based in Austin, Texas. Terms of the deal were not disclosed.

Building on the company’s recent hassle-free BYOD announcement, this acquisition further enhances Good Technology’s capabilities to provide customers with embedded corporate data plan support across business-required apps, and broadens Good’s carrier relationships, offering organizations more access and choice to work with their preferred wireless operator. Additionally, these new split-billing capabilities will enable customers to tie data usage costs directly to the apps using that data, reducing regulatory risks associated with traditional mobile billing models.

“As BYOD deployments continue to become mainstream, our customers want to alleviate the risk and cost associated with rapidly increasing mobile regulations, tax liabilities and complexities around mobile reimbursement and corporate stipend programs, while at the same time carriers are looking to better serve their enterprise customers,” said Christy Wyatt, chairman and chief executive officer, Good Technology. “By acquiring Macheen and its cloud-based offering, and coupling that with expanded carrier relationships, we will be securely and cost-effectively taking more friction out of deploying secure mobile apps and workflows – further positioning Good ahead of the industry in the race to democratize mobility.”

“At Sprint, we have ripped out and replaced our entire 3G network and deployed 4G LTE in 488 cities to deliver a future-proof data experience for our customers,” said Karen Freitag, vice president, wholesale and emerging solutions at Sprint. “Adding in the ability to deliver split billing capabilities through Macheen and now Good Technology, allows us to continue delivering a high-quality customer experience and further advances Sprint’s position as the leader in enabling Mobile Virtual Network Operators (MVNO).”

Connected mobile devices are growing at an exponential rate, and enterprises are looking at how to capitalize on supporting more than just enterprise devices. According to Gartner, ” The installed base of “things,” excluding PCs, tablets and smartphones, will grow to 26 billion units in 2020, which is almost a 30-fold increase from 0.9 billion units in 2009. The component cost of Internet of Things (IoT)-enabling consumer things will approach $1, and “ghost” devices with unused connectivity will be common.“[1]

“To this point, BYOD programs were generally defined by configuration, policy control and device management for smart phones and tablets,” said Richard Schwartz, president and chief executive officer, Macheen, Inc. “Together, our joint technology will offer controlled corporate usage of a broader set of enterprise devices and beyond as the era of Internet of Things (IoT) becomes a reality.”

Macheen serves businesses of all sizes, including Easter Seals UCP North Carolina and Virginia, enabling its mobile healthcare workforce to stay connected to critical HIPAA-compliant applications, while visiting hospitals and other healthcare facilities.

Good Technology Acquires Macheen

Indeed Agrees to Acquire MoBolt

Indeed was founded in 2004 with the mission of helping people get jobs. We created the world’s first search engine for jobs, and for ten years we’ve focused on providing job seekers with the most comprehensive and relevant search results. Today, Indeed reaches 140 million job seekers in more than 50 countries and 28 languages.

In 2014, helping people get jobs requires more than just comprehensive and relevant search. For the first time ever, 50% of all job searches on Indeed are performed on a mobile device. While Indeed is the global leader in mobile job search, with the #1 job app for iOS and Android in the US, UK and 20 other countries, the mobile experience is still severely limited for job seekers. Recent studies have found that 10% of Fortune 500 employers allowed candidates to apply to jobs via mobile. In an increasingly competitive market for talent, most employers are missing out on half of their potential candidates.

To combat this challenge, we launched Indeed Apply two years ago, enabling job seekers to apply to millions of jobs from their smartphone or tablet. More than half of all applies on Indeed are now mobile, and job seekers apply to jobs on Indeed from a mobile device 200,000 times every day. But even with 3 million Indeed Apply jobs, we still have a long way to go to make every job in the world open to mobile apply.

That’s why we are excited to announce today that Indeed has agreed to acquire MoBolt, an alliance that will enable any employer to accept mobile job applications. In just 18 months, MoBolt has become a leader in providing employers around the world with an intuitive apply process for job seekers on any smartphone, tablet or desktop browser. Beginning immediately, employers on Indeed will be able to create a custom, branded career site, and accept applications for any job on any device.

Unlike any other solution of its kind, MoBolt’s technology integrates seamlessly with any applicant tracking system, requires absolutely no IT integration, and can be deployed in as little as two weeks. Indeed’s pay for performance business model will be extended to the MoBolt solution, offering Indeed paid traffic for every dollar spent on mobile apply.

The entire MoBolt team will be joining Indeed, and we plan to continue to invest in growing their exceptional engineering team. We are thrilled to have found a group equally committed to the mission of helping people get jobs around the world.

Mobile job search is not a thing of the future, it is a reality today. The combination of Indeed and MoBolt unites the best mobile technology for employers with the #1 destination for job seekers worldwide. Acquiring MoBolt is the next step for us in helping employers and job seekers find the right fit at any time, on any device.

Indeed Agrees to Acquire MoBolt

HomeAway Acquires Australian-based Stayz

HomeAway LogoHomeAway, the world’s leading online marketplace for vacation rentals, announced today it has acquired Stayz Group, the publisher of Stayz.com.au and the leading online vacation rental marketplace in Australia. The Stayz Group, which also includes Rentahome.com.au, TakeABreak.com.au, and YesBookIt, was purchased from Fairfax Digital, a division of Fairfax Media Limited (ASX:FJX), for approximately US$198 million in an all-cash transaction. Stayz, which generated AU$25.4 million in revenue in its last fiscal year 2013 (ended in June 2013), has long employed a commission-based business model, which produces the majority of its revenue.

“The acquisition of Stayz adds 33,000 additional Australian-based properties to the HomeAway network. It also provides HomeAway a strong momentum to our newly-launched pay-per-booking business, something Stayz has worked over the years to optimize,” says HomeAway CEO Brian Sharples. “Additionally, they have demonstrated that a vacation rental business can generate attractive margins operating on primarily a pay-per-booking model, and we look forward to learning from their team.”

The acquisition of Stayz continues HomeAway’s investment and reach into the Asia Pacific region. In 2011 the company purchased the vacation rental business from REA Group Limited and subsequently launched HomeAway.com.au and in 2012 made a minority investment in China-based vacation rental company, Tujia.com. HomeAway acquired majority control of short-term rental site travelmob.com in July of this year and made a majority purchase of New-Zealand-based vacation rental site, Bookabach, last month.

Founded in 2001, and purchased by Fairfax Media in 2005, the Stayz business has grown into a portfolio of sites that generate both subscription and performance-based revenues from properties operated by owners and property managers. Stayz traffic outsizes their next biggest competitor by almost 8-to-1, generating strong levels of customer satisfaction for both owners and travelers.

“HomeAway is absolutely the perfect partner for us,” says Anton Stanish, General Manager for Stayz. “By joining forces, our customers benefit from the global reach and technology leadership HomeAway can provide as the region’s and the world’s largest vacation rental company.”

The business and its 40-person team will continue to operate from its headquarters in Sydney and will be managed by Stanish. It is expected that Stayz’ inventory will be integrated into HomeAway’s pay-per-booking inventory in the US and Europe to generate additional traffic for Stayz properties from international markets.

HomeAway Acquires Australian-based Stayz

BreakingPoint Acquired for $160M

Congrats to our friends at BreakingPoint Systems on their acquisition announcement today. Acquiring company Ixia just completed its acquisition of Austin-based Anue Systems a month ago. Austin has definitely proven itself as a startup hotbed for cyber security technology. The official release follows:

Ixia(NASDAQ: XXIA), a leading, global provider of converged IP and wireless network test and visibility solutions, announced today that it has entered into a definitive agreement to acquire BreakingPoint Systems, Inc. (“BreakingPoint”), a leader in security testing, for $160 million in cash, subject to adjustment based on BreakingPoint’s net working capital and cash at closing. The transaction is anticipated to close in the third quarter of 2012, and is subject to customary closing conditions and approvals.

The acquisition of BreakingPoint enables Ixia to provide an end-to-end solution that monitors, tests, and optimizes converged networks. Without an ongoing security and performance-testing regimen, even the most sophisticated networks and data centers fail to ensure business continuity in the face of crippling cyber attacks and dynamic application conditions.
BreakingPoint’s solutions provide global visibility into emerging threats and applications, along with advance insight into the resiliency of an organization’s IT infrastructure under operationally relevant conditions and malicious attacks. BreakingPoint’s network processor-based simulation and testing platform creates global application and live attack traffic at Internet-scale. Enterprises, service providers, and government agencies worldwide depend on BreakingPoint’s products to battle-test wired and wireless infrastructures, deploy compact cyber ranges, optimize network and data center systems, and transform security processes to be proactive and effective.
“The current threat landscape is changing everything –from the way we conduct business, to how we protect data and secure infrastructures, to the ways we train cyber warriors,” said Vic Alston, Ixia’s president and chief executive officer. “This dynamic IT landscape is creating a growing demand for solutions that provide definitive and current insight into the resiliency of critical IT infrastructures and defenses. The use of disparate testing tools, threat intelligence, and monitoring products allows dangerous security vulnerabilities that erode the security posture of businesses and government agencies. By leveraging BreakingPoint with Ixia’s integrated portfolio of proven network test products, customers will have available to them an end-to-end solution to help ensure business continuity for enterprises and government organizations.”
BreakingPoint grew revenue over 40 percent in calendar 2011 to $33.5 million while generating gross margin of 87 percent for the year. For calendar 2012, Ixia expects BreakingPoint’s revenue to again grow by more than 40 percent, and anticipates that the BreakingPoint transaction will be accretive to non-GAAP earnings in the first full quarter of operations after the acquisition closes. Non-GAAP earnings exclude stock-based compensation, amortization of acquired intangible assets, and other non-recurring charges, net of the applicable tax effects.
“As a leader in cyber security research, BreakingPoint has built a library of more than 34,000 attacks, exploits, malware, and more,” said Dennis Cox, co-founder and Chief Technology Officer of BreakingPoint. “Joining forces with Ixia creates a powerful platform in security and application testing – one with an extensive global sales reach into enterprises, service providers, and government agencies.”
BreakingPoint Acquired for $160M

Bazaarvoice Makes First Acquisition as Public Company

What’s the biggest sign that you’ve “won” in your market? It’s when you can acquire your largest competitor. Bazaarvoice just announced that they have acquired their largest competitor, PowerReviews. Largest is a relative word, as Bazaarvoice enjoys a market value of over $1B and PowerReviews was acquired for $150M. It’s not unfamiliar territory, as HomeAway has done the same thing, and dominates the market for vacation home rentals.

Why was it so important for Bazaarvoice to get their IPO done? This is it right here. The ability to acquire companies using stock as the currency. Congrats to Brett and the team at Bazaarvoice!

Full release here. Statesman story here.

 

 

Bazaarvoice Makes First Acquisition as Public Company

Sailpoint Continues Growth, Acquires CloudMasons

SailPoint, the leading provider of governance-based identity management solutions, today announced it has continued to grow at a record pace, nearly doubling its bookings in Q1 of 2012 compared to the same time last year. In the last six months, the company has added dozens of Global 1000 customers, including three of the United States’ 10 largest companies. SailPoint now counts eight Fortune 20 companies and a fifth of the Forbes Global 100 companies as customers. As part of the company’s accelerated investment in cloud identity solutions, SailPoint announced that in January it acquired Cloudmasons, a developer of cloud and mobile access management solutions.

“Identity management has become a key requirement for successful adoption of cloud computing. Enterprises that adopt a cloud computing strategy face more complexity and less control,” said Jackie Gilbert, VP and GM of SailPoint’s Cloud Identity Business Unit. “We are helping our enterprise customers achieve the security, compliance and risk management capabilities they require as they navigate the choppier waters many will encounter in the cloud.”

SailPoint delivered the industry’s first risk-based identity management solution, SailPoint IdentityIQ, in 2007. As the recognized leader in governance-based identity management, SailPoint has posted triple digit growth each year since. The company now has more than 150 customers spanning 25 countries and more than a dozen industries; has quadrupled its headcount to more than 200 employees; and has opened offices in Great Britain, Germany, India, Israel and the Netherlands. The Cloudmasons acquisition is the latest corporate expansion announced by SailPoint, following the 2010 acquisition of Beacon Professional Services to supplement the company’s identity management consulting services, and the transition of the BMC Control-SA product line and customer base to SailPoint in early 2011.

“Today’s business requirements for identity management are evolving rapidly. With cloud and mobile technologies becoming pervasive in the enterprise, those requirements continue to grow and change,” said Kevin Cunningham, president of SailPoint. “SailPoint has always been focused on providing the most innovative solutions that deliver real value to our customers, and at the same time we’re committed to maintaining the very high customer satisfaction levels we have today. As we continue to innovate to stay ahead of customer requirements, our Cloud Identity Business Unit and the Cloudmasons acquisition give us an additional, dedicated team to solve those emerging challenges.”

Sailpoint Continues Growth, Acquires CloudMasons

Brazos Software Rebrands as Noesis Energy, Acquires Managing Energy

Noesis Energy is targeting the estimated $70B in annual U.S. energy waste by helping commercial and industrial customers drive greater energy efficiencies out of their operations. Backed by an initial investment of $6.5M from Austin Ventures, and support for follow-on acquisitions, the company plans to unveil a cloud-based energy management platform that combines free analytics tools, energy market data, educational resources and a community of experts to help in-house energy managers and third-party consultants make more informed energy management decisions. The service is expected to debut in early 2012.

As part of today’s news, Noesis Energy is announcing the acquisition of Managing Energy Inc. (MEI), an established provider of energy management and analytics software that will serve as the foundation for Noesis Energy’s offering. Launched in 1994 by seasoned energy engineers, MEI was one of the first web-based energy management solutions and is a recognized leader in the energy management space. The company is based in Ontario, Canada and has more than 6,000 buildings, 13,000 meters and 290 million square feet under management.

“Today’s energy management market is characterized by fragmented technologies and business processes that continue to breed rampant waste and inefficiencies amid escalating economic and regulatory pressures,” said Steven Meyers, president and founder of Rational Energy Network. “Despite good intentions, the majority of commercial and industrial users struggle to identify, implement and measure meaningful energy savings opportunities. It’s a huge information management and decision support problem that Noesis Energy is tackling head on.”

Lack of decision-quality data is a key challenge in helping organizations understand their energy consumption, define energy conservation initiatives and measure ongoing energy efficiency. This issue is particularly acute in commercial and industrial markets due to the sheer size and complexity of energy contracts and usage. While some of the largest institutional customers outsource these processes entirely, for most mainstream businesses the responsibility falls to in-house energy managers and third-party consultants who are often inadequately staffed or equipped to implement a comprehensive plan. Through technology, Noesis Energy will help all energy professionals implement more efficient and effective energy management decisions.

“With billions of dollars wasted each year from energy inefficiency, our goal is to bridge the gap between people, processes and technology, and reinvent how the commercial and industrial market thinks about and manages its energy consumption,” said Scott Harmon, CEO and founder of Noesis Energy. “Information is power. Noesis Energy is changing the way energy data is captured, analyzed and shared to help energy professionals make more informed, actionable energy management decisions.”

Where it makes sense, Noesis Energy will pursue ongoing development, merger and acquisition opportunities in the energy management space including but not limited to: energy spend management/accounting, energy efficiency/optimization and energy management services.

Brazos Software Rebrands as Noesis Energy, Acquires Managing Energy

InfoChimps Acquires Keepstream

Two of my favorite companies have now combined forces. Today in my email I received a message from the founder of Capital Factory company Keepstream. I will re-post it here for you. Congratulations to everyone involved!

Keepstream is joining Infochimps!

We are excited to announce that Keepstream has been acquired by Infochimps, leading API provider and data marketplace! Keepstream co-founders Jim England, Tim Gasper, and Huston Hoburg are joining Infochimps in order to help them develop exciting new data products and improve the Infochimps web experience.

Thank you so much for helping us craft Keepstream into a top notch curation product. We wouldn’t be here without your valuable feedback and excitement for social media.

With this news, we have two significant developments with Keepstream we would like to tell you about. Firstly, we will be slowly closing down the Keepstream hand-curation product. The website will be set to “read-only mode” on September 30th. New user registration will be turned off and existing users will no longer be able to create or edit their collections. However, all collections will still be hosted online and be accessible atkeepstream.com for viewing. So don’t worry, those links you’ve shared will still work just fine. We will be exploring options for exporting collections or integrating with similar curation services. If you’d be interested in something like this, let us know by replying to this email.

Secondly, Keepstream Reports, located at http://reports.keepstream.com, will continue forward. It has the potential to be both a more automated way to archive social media as well as a way to create beautiful, actionable social media analytics reports. It’s currently in private beta.

We are really excited on how we can work together, you can look forward to many exciting developments soon to come.

Best regards,
Tim, Jim, and Huston

InfoChimps Acquires Keepstream