article thumbnail

The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets. billion or $11.7

article thumbnail

5 pitfalls to avoid when partnering with startups

CIO

In the Indian market alone, startups have increased 90-fold over the past five years, from 726 in FY 2016-17 to 65,861 in FY 2021-22, according to Indian Commerce and Industry Minister Piyush Goyal. In the absence of a multistage due diligence process, an enterprise could face third-party risks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

With a fresh $46M, Instabug aims to do more than fix your app’s bugs

TechCrunch

Instabug , a startup that aims to help mobile developers monitor, identify and fix bugs within apps, has raised $46 million in a Series B funding round led by Insight Partners. The company was founded in 2013, first released its offering in beta in 2015, and publicly launched in February 2016 during its time at Y Combinator.

article thumbnail

Accord, which offers a platform to manage sales processes, secures $10M

TechCrunch

CEO Ross Rich says that the new funds, which bring Accord’s total raised to $17 million, will be put toward the startup’s engineering, sales and marketing teams. The brothers say that they discovered the challenges of modern B2B sales firsthand as their teams scaled from a handful of reps to thousands on the go-to-market team.

article thumbnail

Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk

TechCrunch

Working together at Uber’s risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. When Fang joined Uber’s risk team in 2016, there was a need to use Mastermind at dispatch time — when drivers and riders are matched.

Fintech 204
article thumbnail

The biggest enterprise technology M&A deals of the year

CIO

billion that Oracle agreed to pay for health software provider Cerner. Already this year, there are numerous smaller M&A deals, as enterprise software providers buy their way into new markets or acquire new capabilities rather than develop them in house. Perforce Software buys Puppet. M&A volume climbed from $3.26

article thumbnail

Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

TechCrunch

Use discount code ECFriday to save 20% off a one- or two-year subscription. Expensify may be the most ambitious software company ever to mostly abandon the Bay Area as the center of its operations. Expensify may be the most ambitious software company ever to mostly abandon the Bay Area as the center of its operations.