GrowthPoint Technology Partners provides weekly summary and outlook on last week’s technology M&A deal activity:
- 66 deals announced
- 1.9x median multiple, from a limited amount of revenue multiples announced
- $592.3B total deal value year to date in technology M&A activity
Notable deals in technology M&A include:
Bending Spoons to Acquire Evernote – Read More
Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons. In a post on Evernote’s newsroom, Evernote CEO Ian Small said that Bending Spoons will take ownership of Evernote in a transaction expected to close in early 2023.
PTC to Acquire ServiceMax – Read More
PTC has signed a definitive agreement to acquire ServiceMax. ServiceMax is a recognized leader in cloud-native, product-centric field service management (FSM) software. The acquisition is expected to strengthen PTC’s closed-loop product lifecycle management (PLM) offerings by extending the digital thread of product information into downstream enterprise asset management (EAM) and FSM capabilities.
Ignite Tech to Acquire AnswerHub – Read More
IgniteTech, the company “Where Software Goes to Live™,” today announced the asset acquisition of AnswerHub, Inc., a powerful knowledge management platform built to capture, curate, and distribute the expertise of developers and technical teams.
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