In recent months, many innovative technologies and interface companies ramped up their IT market in the nation, creating a sensation in the field of acquisitions and mergers. Let us see some of the blockbuster acquisitions that took place recently.
- ServiceNow: ServiceNow acquired software observability specialist Lightstep for an undisclosed amount. Observability is a hot technology area this year due to the increased complexity of enterprise systems in the cloud era, meaning engineers and tech leaders want more insight into how their systems are performing and what is causing issues — quickly.
- Dell: Dell made the second high-profile move to restructure its business in the space of a month by selling the integration specialist Boomi, which it acquired in 2010, to private equity firms Francisco Partners and TPG for $4 billion.
- IBM: IBM announced the acquisition of Turbonomic, the Boston, MA-based company that specializes in Application Resource Management (ARM) and Network Performance Management (NPM) software at the end of April for an undisclosed amount. Turbonomic uses machine learning to spot application performance issues and optimize underlying resources, whether that involves containers, VMs, servers, storage, networks, and databases.
- Microsoft: Microsoft made a move to boost its capabilities in the Kubernetes space with the acquisition of German firm Kinvolk for an undisclosed amount. Microsoft expects to integrate the Kinvolk team and technology into the team responsible for its managed Azure Kubernetes Service (AKS), its hybrid solution Azure Arc, and to boost Microsoft’s upstream open-source contributions.
- Panasonic: Panasonic acquired the remaining 80% of shares in Arizona-based Blue Yonder who specializes in automated supply chain software that uses AI, IoT, and edge computing technology to track goods in April, spending $7.1 billion, including the repayment of debt. Panasonic will look to add these capabilities to its Autonomous Supply Chain offering, which helps customers better track their supply chain and predict future demand for better efficiency.