J.P. Morgan Securities
Francisco Partners, TPG acquire New Relic for $6.5B
New Relic has entered into a definitive agreement to be acquired by Francisco Partners and TPG. The acquisition will be an all-cash transaction, valuing New Relic at approximately $6.5 billion.
Broadcom to acquire VMware for $61bn
Broadcom is acquiring VMware in a cash-and-stock transaction for approximately $61 billion.
Thoma Bravo acquires Stamps.com for $6.6B
Stamps.com, a provider of e-commerce shipping solutions, has entered into a definitive agreement to be acquired by Thoma Bravo.
Citrix to acquire Wrike for $2.25B
Citrix Systems has entered into a definitive agreement to acquire Wrike, a company in the SaaS collaborative work management space, for $2.25 billion in cash.
IBM spins off managed infrastructure services unit as separate company
IBM says it will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company; thus splitting the company into two separate entitities.