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M&A

Snowflake Announces Intent to Acquire Myst

Snowflake customers leverage the Data Cloud to bring all their data together and capitalize on the near-infinite resources of the cloud. But how can this data be used to look ahead? How can we use yesterday’s evidence to plan for tomorrow? The answer—time series forecasting. Time series forecasting is one of the most applied data science techniques in business. It is used extensively in supply chain management, inventory planning, and finance.

Adobe is buying Figma because building collaborative experiences is hard

Yesterday, Thursday 15th September, Adobe agreed to buy the collaborative design tool Figma for $20bn. Figma is a browser-based tool that enables team members to work together simultaneously to create, modify and comment upon designs in realtime. It’s part of a new breed of online tools that enable the creative process to be live and collaborative. Figma was rumored to be in the running for acquisition by Microsoft, and Adobe has paid top price to snap it up.

Why now is the right time to move on from Micro Focus

Organizations relying on testing tools from Micro Focus (and before that, HPE) to ensure the quality of their digital initiatives recently received sobering—if not surprising—news: Micro Focus announced that it was being acquired by OpenText, giving the company’s aging testing products their second “new home” in five years (Micro Focus acquired ALM/Quality Center, UFT, and LoadRunner as part of their 2017 purchase of HPE’s software business).

Gaining Insights and a Competitive Edge from Unstructured Data - Snowflake Announces Intent to Acquire Applica

About 80% of the world’s data is unstructured. Unstructured data within documents, emails, web pages, images, comments on blogs and social media sites, and more can be extraordinarily valuable, making the ability to process this kind of data vital for organizations that want to make data-driven decisions.

Testim and qTest integration for broader visibility into your web application's quality

In February of 2022, Tricentis acquired Testim, an AI-powered SaaS-based test automation platform for UI testing of cloud-native and web applications. Upon joining the Tricentis product family, one of the key goals was to create valuable integrations between Testim and other Tricentis products.