2019 was the year of new business affairs, let’s take a look at the top ten acquisitions of this year
2019 is almost over and this year has seen the biggest acquisitions with a large number of heated mergers in the technology space. As different companies are working towards expanding their footprint in the global market, such strategic imperatives enable a better access to technological advancements and supports inorganic growth. While many deals proved to be successful, some failed terribly. Below is the list of biggest mergers and acquisitions of 2019, so far.
1. WORLDPAY ACQUIRED BY FIS
As the industry witnesses a more enhanced move towards global technology Fidelity National Information Services (FIS) announced a $35 billion deal in order to acquire the UK-based payment processing company Worldpay. This move has strongly consolidated the fintech industry serving the merchants, banks and capital markets.
2. SALESFORCE ACQUIRED TABLEAU
One of the biggest acquisitions in the history of Salesforce as it decided to acquire the data firm Tableau Software Inc. for $15.3 billion. Tableau which is a Seattle-based firm, has 86,000 customers which include Netflix Inc. and Verizon Communications.
3. ULTIMATE SOFTWARE ACQUISITION DEAL CLOSED AT $11 BILLION
This year Ultimate Software announced their acquisition by Hellman & Friedman. It was sold to H&F for $11 billion. This move will allow the Ultimate Software, which is a cloud-based human capital management which will help them make long-term investments.
4. NVIDIA TO BUY MELLANOX FOR NEARLY $7 BILLION
Connecting the dots, this biggest acquisition is expected to uplift the business of making chips for data centers. Chipmaker Nvidia announced this year that it will buy Israeli chip designer Mellanox Technologies for nearly $7 billion in cash.
5. TWILIO ACQUIRES SENDGRID FOR $3 BILLION
The deal which was announced in 2018, was closed this year. California based firm Twilio, which is a communication company acquired SendGrid for $3 billion. The companies combined will power 600 billion interactions every year.
6. GOOGLE ACQUIRED AN INTELLIGENCE STARTUP FOR $2.6 BILLION
In order to make it big in the cloud space, Thomas Kurian the CEO of Google Cloud acquired the business intelligence startup Looker for $2.6 billion.
7. UBER TO SPEND $3.1 BILLION TO BUY THEIR RIVAL CAREEM
Uber Technologies Inc. spend $3.1 billion to acquire its rival Careen. Uber paid $1.4 billion in cash and $1.7 billion in convertible notes as it plans to take over its ownership. Careem is operational in 14 countries which means it gives Uber a dominant access to a vast region.
8. CRAY ACQUIRED HPE FOR $1.3 BILLION
The supercomputers makers Cray acquired by HPE for $1.3 billion, this step will promise high performance in computing and play an important part by providing commitment and innovation in technology.
9. NGINX ACQUIRED FOR $670 MILLION
This year F5 announced a deal where it planned to buy NGINX for $670 billion. NGNIX which is the technology provider, will power the cloud and application security provider F5.
10. QLIK ACQUIRE ATTUNITY
Attunity which is the publicly traded data management company was acquired by Qlik in May, 2019. The firm Attunity will offer their real-time data integration potentiality which will help Qlik’s expansion policy.
