TechTaffy

tech:

taffy

Clearlake Capital Group acquires Perforce Software from Summit Capital

By TechTaffy Desk

Clearlake Capital Group has acquired Perforce Software from Summit Partners. The company will continue to be led by Janet Dryer, CEO, and Mark Ties, COO, who will both join the board of directors alongside Clearlake. Financial terms of the deal were not disclosed.

Perforce is a  provider of enterprise scale software solutions to technology developers and development operations teams. The company has over 3,000 customers worldwide, including Nvidia, Pixar, Scania, Ubisoft, and VMware, according to Perforce. Perforce is headquartered in Minneapolis, MN; with over 225 employees.

Harris Williams served as financial advisors to Clearlake. Shea & Company served as financial advisor to Perforce and Summit Partners.

[Image courtesy: Perforce Software]

Just in

Seed

Oso Semiconductor raises $5.2M

Oso Semiconductor has raised $5.2 million in seed funding. The round was led by Engine Ventures.
People

Battelle appoints Tim Ryan to board of directors

Battelle has elected Tim Ryan, Citi’s Head of Technology and Business Enablement, to its board of directors.
Around the web

OpenAI launches ChatGPT Gov for U.S. government agencies — CNBC

It’s called ChatGPT Gov and was built specifically for U.S. government use; writes Hayden Field. 
Around the web

DeepSeek’s popular AI app is explicitly sending US data to China — Wired

Users have already reported several examples of DeepSeek censoring content that is critical of China or its policies, writes Matt Burgess and Lily Hay Newman. 
Around the web

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations — CNBC

DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services; writes Hayden Field.