Bcore’s Post

🌟 The BIG Day has finally arrived! 🔥🌍✨   We are proud to introduce our new identity: Pro5.ai. 🥳🎉🎊🥂🍾   Our evolution has led us to a rebrand that reflects who we are today and captures our global vision.   Pro5.ai is all us – no mergers, acquisitions, or changes in ownership. It's the same team, with the same passion for connecting businesses with the best-fit professionals.   With a new name, a new logo, and our proprietary AI tech that will take hiring top talents to a whole new level of efficiency and reliability, we are leaping toward a future full of possibilities.   We owe a huge thank you to you – our incredible community of partners, talents, and clients. Your unwavering trust fuels our mission to be the most reliable remote staffing platform.   So we’d like to ask you to raise your glasses (or coffee mugs depending on your timezone or preference) 🥂☕ – Here’s to embracing new horizons as Pro5.ai!   #BrandEvolution #FutureofHiring #CertifiedPro5

🚀 VIAVI Solutions Acquires Spirent Communications: Ushering in a New Era for #Network Solutions 🚀 In a move that's set to reshape the landscape of #networktesting, #assurance, and #security solutions, #VIAVI Solutions has strategically acquired #Spirent #Communications. This merger, valued at a whopping £1,005 million ($1,277 million), marks a pivotal step towards breakthroughs in #5G, #6G, and #cloudservices. 🔍 Key Highlights: 🤝 Synergistic Integration: Combining VIAVI's and Spirent's complementary tech to boost #networking and #wirelessinfrastructure. 🌱 Growth and Diversification: Tapping into new markets, including cloud service providers and 5G #privatenetworks. 💡 Innovation at its Core: Focused on advancing #AI, security, and #automation technologies. 💼 Operational Excellence: With up to $75 million annual cost synergies anticipated and a strategic $400 million investment from Silver Lake. 💬 What do you think this means for the future of networking and technology innovation? Let's discuss below!

There was a significant uptick in M&A activity this past week, particularly among global cybersecurity providers, starting with Crane NXT's acquisition of OpSec Security for $270 mn on Monday, followed by the Wiz' acquisition of Gem Security for $350 mn and Zscaler's acquisition of Avalor Security (a Zscaler company) for $310 mn on. Additionally, the AI trend continued to gain momentum with the Together AI's $106 venture round led by Salesforce Ventures and the acquisition of firms by large corporations, such as Apple's acquisition of DarwinAI. Cybersecurity was also in the spotlight in Brazil as a result of the acquisition of Protega Managed Cybersecurity by SAFEWAY, a Stefanini Group company. Other notable transactions include: - PAR Technologies acquisition of TASK for $206 mn and Stuzo for $190 mn - KKR's acquisition of mdf commerce for $189 mn - Bain & Company's acquisition of PiperLab - Applied Intuition's $250 mn Series E at a $6 bn valuation with participation from Andreessen Horowitz, Porsche Automobil Holding SE, General Catalyst and HUMAN CAPITAL Stay tuned for our monthly Software, Fintech and Internet reports to be released this week and feel free to reach out in case you want to learn more about the tech landscape in LatAm or discuss any strategic or financial advisory needs. #LatAmTech #TechTransactions #Tech #Technology #InvestmentBanking #MergersAndAcquisitions #CapitalRaising #FundingRounds

What's the secret behind raising $100,000,000 in the tech industry?   Ever wondered what goes into raising a staggering $100,000,000 in the technology industry?  Chris Condon shares some insights: the secret lies in executing large contracts and having a solid customer base. Prior deals include an $888,000,000 software licensing agreement with #Capstone and a $1,200,000,000 contract with #Knightsbridge.    But it's not just about the money. It's about eliminating risk. For our team, the technology risk is out. The platform's built. The customer risk is out because now we have customers signed onboard. And then you take a look at execution and we have some of the world's best technologies, some of the best execution professionals on the team like Lanny Cohen, Sean Burke, David B Smith Wicked Problem Solver.   We are in discussions with Jason Capitol, who is also an investor. He was the former COO of EMC when they merged with Dell for $68,000,000,000, the largest merger in technology history. He's had 5 straight exits. So, if you're looking for a masterclass in tech funding, these guys seem to have the formula. #ett

📈 Cohesity ➕Veritas: AI-powered data security and management company in our portfolio. 🚀 Key highlights: 💰 Acquiring Veritas' data protection business for >$3B 🔐 Will create a combined entity focused on data security, valued at $7B 📈 Pro Forma Annual Revenues of $1.6 Billion and ARR of $1.3 Billion 💪 Headed by CEO Sanjay Poonen, former VMware exec 🤝 This strategic acquisition significantly boosts Cohesity’s capabilities and scale in the critical data management space. By uniting two leaders, Cohesity is positioned to offer a next-gen, end-to-end platform for managing and securing data. 🤖 The deal highlights Cohesity's momentum as a trailblazer in applying AI to tackle data fragmentation and security challenges. As data volumes explode, we believe Cohesity has what it takes to be a long-term winner. An exciting road ahead! 📖 Read about the merger: https://lnkd.in/ep_x4VA4 #tech #preipo #siliconvalley #unicorn #MVPALLSTARFUND #mvpvc #mvp #therealmvpvc #venturebytes #allstar #ipo #research #technology #tommorowsipostoday #SecondaryAsAService #saas #SecondariesAsAService #Ai #Defense #Security #cybersecurity #cohesity Manhattan Venture Partners

What's in Store for 2024? 10 Striking #it Trend Predictions from Automox Experts 1. More Mergers and Acquisitions - B2B software companies will further engage in dynamic mergers and acquisitions. 2. IT Integration - Tech stacks will enter the Golden Age of IT integrations.  3. Distributing Texpertise - All teams – not just IT – will own tech expertise. 4. #AI & #Data Due Diligence - Orgs that add AI will only achieve security success by performing data confidentiality due diligence. 5. Corporate AI Adoption - AI personal assistants will revolutionize organizational workflows. 6. Long Live Tech Alignment - Business missions will drive tech alignment. 7. Sustainability and IT - Sustainability will continue to fuel IT technology advancement. 8. Leadership Tames Business Complexity - Executives and managers who succeed will be those who lead, rather than simply manage. 9. Human Touch in CX - AI may impact CX, but the human touch will prevail. 10. Doing Even More with Even Less - Doing even more with even less will be a forcing function. Read the full article via the link in the comment. #banking #cybersecurity

 🚀 Unlocking Growth: Q1 2024 Acquisition Insights 🌟 The following acquisitions not only reflect strategic decisions but also embody a shared vision for the future. As these companies embark on new journeys, they pave the way for groundbreaking innovations and transformative growth opportunities. Let's delve into the visions of some remarkable companies that chose the path of acquisition in Q1 2024 💼✨ 📌 Opengov & Cox Enterprise: By joining forces with Cox Enterprise, Opengov sets its sights on expanding its reach and resources, aiming to pioneer innovative solutions for streamlined operations and enhanced efficiency. 📌 Entitle & BeyondTrust: Entitle's alignment with BeyondTrust signifies a shared vision of bolstering cybersecurity capabilities. Together, they aspire to redefine industry standards, offering cutting-edge solutions to safeguard digital assets and empower organizations worldwide. 📌 Adtheorent & Cadent: Through its merger with Cadent, Adtheorent envisions a future where advertising technology transcends boundaries. Their combined efforts aim to revolutionize digital advertising, driving unprecedented levels of engagement and ROI for brands across diverse platforms. 📌 SoftCo & Keensight Capital: SoftCo's acquisition by Keensight Capital heralds a new chapter of growth and innovation. With a shared vision of digital transformation, they are poised to deliver next-generation solutions that empower businesses to thrive in an increasingly digital world. 📌 Bearer & Cycode: Bearer's integration into Cycode's ecosystem underscores a joint commitment to data security excellence. Together, they aim to fortify organizations against emerging threats, ensuring data integrity and compliance in an era of rapid digital transformation. #Business #StrategicAcquisitions #GrowthOpportunities #saas

Every known customer breach and ransom attack has had a common system that has been compromised - Active Directory There are a other events where it makes sense to review your AD: - M&A activities - Rebranding - Divesting - Consolidating environments - Growing concern regarding breaches - Customer delays for logging in - Aging environment Consider WWT's Active Directory Strategy Accelerator (link below to request assessment). Develop a strategic plan towards modernizing and maturing AD. WWT experts help clients optimize AD through workshops, workflow maps, interviews and solution comparisons. The deliverables include a solution recommendation, ROI analysis, executive presentation and any necessary SOW's to implement the strategy and recommendation. This is an exercise worth doing, and is an enabler of many other key technology projects and business initiatives, including AI. https://lnkd.in/g8S7W6fH

Why technical due diligence? "Every product, no matter how successful, has its hidden weaknesses—those skeletons in the digital closet that are known only to those who built it. Even those companies that do waterfall and plan for everything, end up fighting fires." "But being messy is kind of efficient. Rigid processes often give way to more fluid, adaptable approaches. The processes born in messy shops though not perfect, work smoothly, circumventing and adapting to bureaucracy as the product grows." "Cutting corners to focus on the stuff that matters is ok; not having everything in order is also ok; but returning to re-do/refactor/make better parts of the software is also ok — as long as you're aware that you're working inside a messy workshop." We've included the article in comments alongside this post. #CTOLabs #wemakecomplextechclear #mergersandacquisitions