IBM and Francisco Partners, a global investment firm that specializes in partnering with technology businesses, announced that the companies have signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business. The assets acquired by Francisco Partners include extensive and…
Francisco Partners, a global investment firm that specializes in partnering with technology businesses, and TPG Capital, the private equity platform of global alternative asset firm TPG, have entered into a definitive agreement with Dell Technologies to acquire Boomi, a leading provider of cloud-based integration platform as a service (iPaaS). The cash transaction is valued at…
Under Armour, a global leader in branded athletic performance apparel, footwear and accessories, announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners for $345 million. Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. The firm invests in opportunities…
Redis Labs, the company behind Redis, the most popular open source database and the provider of Redis Enterprise, announced it has closed $100 million in Series F financing at a company valuation of more than $1 billion. The Series F funding was co-led by Bain Capital Ventures and TCV, with participation by the company’s existing…