ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

Medical device maker ResMed has agreed to acquire Minnesota-based MatrixCare, which makes software for long-term care providers, for $750 million. San Diego’s ResMed (NYSE: ticker[[RMD]]) announced its intention to buy the privately held tech company on Monday.

PSI Services Buys Software Secure

socalTECH

Burbank-based testing software and services provider PSI Services announced this morning that it has acquired Software Secure , a provider of cloud-based, online testing services for the higher education, K-12, and certification markets. Financial details of the acquisition were not disclosed. services software secure merger acquisition online testing education cloud saas

LA's Century Park Capital Acquires IT Services, Software Company

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Los Angeles-based Century Park Capital Partners , a private equity investor focused on family businesses, owner-operated companies and corporate divestitures, said on Monday afternoon that it has completed a majority recapitalization of Florida-based software and IT services company MCCi. mcci century park capital private equity services software merger acquisition florida

Clearlake Capital Backs HEAT Software In Acquisition

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Santa Monica-based investor Clearlake Capital said today that it is behind a deal where HEAT Software will acquire the Absolute Manage and Absolute Service businesses from Absolute Software Corporation. Financial terms of the acquisition were not disclosed. HEAT Software is a portfolio company of Clearlake Capital, and is based in Milpitas. clearlake capital heat software absolute merger acquisition

ServiceTitan Acquires JaRay Software

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Glendale-based ServiceTitan , which develops software for the residential HVAC, plumbing, electrical, and home services business market, has acquired Kansas-based JaRay Software , the company announced this morning. Financial terms of the acquisition were not announced. JaRay Software is a developer of service business management software, and was founded by Paul Farmer Sr.

Connectifier Swizzles Service After LinkedIn Acquisition

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Costa Mesa-based Connectifier , the recruiting tools developer led by John Jersin, said Monday that it will be making some significant changes to its tool, after its acquisition by LinkedIn in February. According to blog posts from both Connectifier and LinkedIn, Connetifier will continue to operate as a wholly owned subsidiary of LinkedIn, selling to its own customer base, however, the two will connect the two services through a new API, along with other changes.

Broadcom Gets Nod On CA Technologies Acquisition

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Broadcom , which has significant operations in Orange County, said this morning that it has received approval of the company's proposed acquisition of CA Technologies , after the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Broadcom had announced its intent to acquisition CA Technologies on July 11th. per share in cash to acquire CA, a developer of enterprise software.

Ingram Micro Wraps Up Two Acquisitions

socalTECH

Irvine-based Ingram Micro , the technology product distribution giant, has wrapped up two acquisition, including the acquisition of Latin American value added distributor Grupo ACAO , as well as the Odin Service Automation platform from Parallels Holdings Ltd. Both acquisition had recently been announced. Parallels' Odin Service Automation platform is used for cloud services management.

Gimlet Media and Anchor: What Spotify’s Acquisitions Mean for Podcasts

Tech.Co

It’s the biggest podcast industry acquisition ever, and Spotify isn’t done. Here’s what the podcast acquisitions mean for Spotify, for the entire podcast industry, and for all the tiny underdog podcasters out there.

Elevate Finds $25M For Legal Management Software

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Los Angeles-based Elevate Services , a developer of enterprise, legal management software, has received $25M in an investment round, from private equity investor Kayne Partners, according to the two companies. Elevate said it will use the new, minority investment to scale its operations and to enhance its software. partner kayne equity private rollup acquisition merger software management legal elevate

Medallia Acquires Hospitality Software Startup Zingle for $42M

Xconomy

Zingle, a startup whose software is used by hospitality, travel, and retail industries to more easily and quickly connect with their customers via messaging, has been acquired for about $42 million in cash by Medallia, a publicly traded software company in San Francisco. The Medallia (NYSE: MDLA ) IPO earlier this year was one of a number of successful public market debuts by companies offering cloud-based software, often dubbed software-as-a-service.

Simulations Plus Acquires DILIsym Services

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Lancaster, California-based Simulations Plus , which develops pharmaceutical simulation and modeling software, has acquired DILIsym Services , a developer of drug-induced liver injury simulation software and related consulting services to the pharmaceutical industry. Simluations Plus said it will pay $10M in total, split between $5M up front plus earn out of up to an additional $5M over the next three years based on profitability of its new DILIsym Services division.

Q&A: Providence Exec on Bluetree Acquisition, Trends in Health Tech

Xconomy

Joseph Health, a Renton, WA-based organization that operates 51 hospitals and 829 clinics across five US states, announced its latest strategic, IT-focused acquisition last week. The company Providence has agreed to purchase—financial terms aren’t being disclosed— is Bluetree Network , a Madison, WI-based consultancy that works with healthcare providers to install and optimize electronic health records software. Joseph Health Rod Hochman Software St.

Simulations Plus Completes DILIsym Services Buy

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Lancaster, California-based Simulations Plus , which develops simulation and modeling software, said Thursday that it has completed its acquisition of North Carolina-based DILIsym Services. DILIsym develops software for the simulation of drug-induced liver injury. simulations plus dilisym services merger acquisition software pharmaceutical design simulation

Guidance Software Acquires CaseCentral

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Pasadena-based Guidance Software , which develops digital forensics and e-discovery software, said Tuesday afternoon that it has signed a definitive agreement to acquire CaseCentral , a developer of electronic discovery software. Guidance Software said it will pay $17.1M in Guidance Software common stock. Guidance Software said it expects to add approximately $10M in software-as-a-service revenues from the acquisition in 2012.

Deluxe Buys Sfera For Cloud Software

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Los Angeles-based Deluxe Entertainment Services Group , the provider of services to the entertainment and content industry, has acquired cloud-based localization provider Sfera. Financial details of the acquisition were not disclosed. deluxe sfera merger acquisition content hollywood services translation

CSM Software Acquired By SOLIZE

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CSM Software , and engineering and high tech services outsourcer whose founder and chairman is based in Westlake Village, has been acquired by Japanese company SOLIZE Group , acording to the companies. Financial details of the acquisition were not disclosed. Narayanaswami is a serial entrepreneur, and had founded CSAR Corporation, which he sold to MSC Software in 1999. CSM Software's U.S.

Seismic Acquires Savo Group, Rival in Sales Enablement Software

Xconomy

In the eight years since it was founded, Seismic has become a leader in the market for Web-based software used by corporations and other big customers to manage the online marketing materials created to support sales reps in the field.

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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

He is very hands-on and helpful – especially for any company looking into customer acquisition. Later they became big business in Financial services lead-gen. o CPM model gave him control over the information in the acquisition cycle so he focused on that. -

LiveTime Software Acquired By Absolute Software

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Newport Beach-based LiveTime Software , a developer of cloud-based, IT service management software, has been acquired by Absolute Software. Absolute Software said it paid less than $15M in cash and stock for LiveTime, which includes a three year earn-out. Absolute Software said that LiveTime's products are complementary to its existing product lines. Absolute Software is based in Vancouver, Canada.

Mission Debuts Managed Services, Cloud Consulting After Merger

socalTECH

The company--led by longtime cloud and hosting services veteran Simon Anderson--offers up managed services and consulting for cloud platforms like Amazon Web Services (AWS) and Microsoft Azure. The new company has emerged from a three way merger of Reliam, Stratalux, and G2 Tech Group, following an acquisition of the three companies by Great Hill Partners. mission cloud consulting merger reliam stratalux g2tech startup services dreamhost inktank

j2 Global Raising $300M In Convertible Notes For Acquisitions, Growth

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The publicly held company--which owns a significant number of Internet services, in addition to publisher Ziff Davis--said it will use that debt funding for general corporate purposes, including acquisitions. j2 Global did not say how much of that capital would go towards acquisitions, however, the company has been a ravenous acquirer of companies across the Internet fax, virtual phone, hosted email, online backup, and other cloud services.

LeisureLink Suspends Service, Stops Accepting Reservations

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LeisureLink , which develops vacation travel booking software and technology, and was started in the Los Angeles area, appears to have halted its service, telling its partners on Friday that it has suspended accepting new reservations as well as modifying existing reservations. leisurelink merger acquisition vacation rental marketplace distribution listings

NWP Services Corporation Acquired By RealPage For $68M

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Irvine-based NWP Services Corporation , which develops cloud-based billing, electronic payment, energy management, and back office accounting and IT infrastructure for the rental housing industry, has been acquired by fellow software provider RealPage. RealPage said NWP Services had approximately $58M in revenues in 2015. Ron Reed, the CEO of NWP Services, will become SVP, Resident Billing Services at RealPage, which is based in Carrollton, Texas.

Xpenser Acquired By Coupa Software

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San Diego-based Xpenser , a startup developing a cloud-based service to help prepare and submit expense reports for its users, has been acquired. According to Coupa Software , it will use the buy to expand its domain expertise and leadership in the area of expense management. Coupa Software is a provider of cloud-based, spending optimization software headquartered in San Francisco. xpenser expense management software travel tande coupa merger acquisition evonexus

Yardi Buys Another Service Provider

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Santa Barbara-based Yardi , which develops real estate and property management software, has acquired another firm, saying Thursday tht it has acquired the Multifamily Services Group (MSG) unit of ista North America. Financial terms of the acquisition were not disclosed. Yardi said the ista's Multifamily Services Group provides energy and water metering, billing and management services, serving more than 700,000 apartment units.

Quest Software Buys BlueFolder

socalTECH

Aliso Viejo-based Quest Software , the developer of IT automation software, said this morning that it has acquired a developer of field and professional service management software, BlueFolder. Financial details of the acquisition were not disclosed. Quest said it will use the acquisition to bolster its PacketTrap MSP software, which is used by managed service providers for remotely monitoring and managing client systems.

Intuit Sells Intuit Financial Services For $1.025 Billion

socalTECH

Financial software provider Intuit has sold its Intuit Financial Services business--which is based in Woodland Hills--to private equity firm Thoma Bravo. Intuit Financial Services is made of of what was formerly Digital Insight; Intuit renamed Digital Insight to Intuit Financial Services in March of 2010. intuit financial services merger acquisition finance software mobile banking

Startups Should Fuel Growth By Acquisitions

Startup Professionals Musings

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. Even mergers and acquisitions (M&A) came early.

Moving Services Startup HireAHelper Acquired By Seattle’s Porch

Xconomy

HireAHelper.com, an online marketplace that links people who are moving to a new home with local movers and related services, has been acquired by Porch, which operates a marketplace that connects people with a variety of home repair and improvement services. Now Porch is adding HireAHelper’s independent moving services providers to its lineup of more than 250,000 professionals.

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Tritech Software Buys The Omega Group From Trimble

socalTECH

San Diego-based Tritech Software , a developer of software for the law enforcement, public safety, fire, and emergency medical services (EMS) industries, has acquired The Omega Group , a developer of cloud-based mapping and analytics software for the market. The Omega Group was owned by mapping and GPS software developer Trimble. Financial terms of the acquisition were not announced.

Yardi Buys WUN Systems For Coworking Software, Systems

socalTECH

Santa Barbara-based real estate management software developer Yardi has acquired WUN Systems , the developer of technology used to manage coworking and shared workspaces, the company said late Wednesday. Financial details of the acquisition were not announced. WUN's systems included software, hardware, and support services to help manage coworking and shared workspaces, including handling billing, bookings, leads, communications, Wi-Fi access, door access, and much more.

Yardi Acquires DIY Software

socalTECH

Santa Barbara-based Yardi , a developer of real estate and property management software, said late last week that it has acquired DIY Real Estate Solutions , a developer of residential property management software. Yardi said DIY co-founders Don Katt, Steve Lloyd, and Alison Cavano join the firm with the acquisition. Yardi said the acquisition gives it a complete, integrated property management system for companies managing 1,000 or fewer units.

Boeing Buys San Diego Software Services Firm

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Tapestry Solutions, a San Diego-based provider of services and software for tracking equipment and spare parts for the U.S. Financial terms of the acquisition were not disclosed. Boeing said that the acquisition will accelerate the growth of the company's service and support business. Department of Defense, has been acquired by The Boeing Company, Boeing said late last week.

Pakedge Device and Software Acquired For $32.7M By Control4

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Pakedge Device & Software , a provider of home and business networking products and services, has been acquired by Control4 in a $32.7M Control4 said that the acquisition will help it expand its networking, power management, and cloud-based remote management capabilities. pakedge device software control4 merger acquisition networking hardware