Pandora doubles down on ad tech with acquisition of AdsWizz for $145 million

Pandora announced this morning it’s acquiring digital audio ad technology firm AdsWizz for $145 million, as a combination of at least 50 percent cash, with the remaining paid in either cash or stock at Pandora’s discretion. The company, whose technology will be used to upgrade Pandora’s own ad tech capabilities, will continue as a subsidiary […]

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GoDaddy is acquiring social media marketing platform Main Street Hub for $125M

 GoDaddy is acquiring Main Street Hub, an Austin-based social media marketing platform. The deal is for $125M in cash plus up to $50M in potential future earn outs, and is expected to close late in Q2 2018. Founded in 2010 Main Street Hub has raised a total of $93M in debt and equity financing from Silicon Valley Bank, Vista Equity Partners, Bessemer Venture Partners and other investors. For… Read More

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Assembla acquires Cornerstone, a Subversion client for MacOS

 Git may seem like it’s the only version control system out there sometimes. And while it’s definitely the most popular option right now, competing technologies like Subversion and Mercurial still have their fair share of users, especially in the enterprise. It’s maybe no surprise then that Assembla, which offers a version control service for the enterprise with a strong focus… Read More

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Boxed in talks to be acquired by Kroger for $500 million

Boxed New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million. Other retailers are also expected to be making bids. The news was first reported by Forbes and confirmed to TechCrunch by a source with knowledge of the situation. We’re hearing that the company is aiming to make a decision this weekend. Founded… Read More

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Appcanary shuts down its vulnerability scanning service as the team joins GitHub

 Appcanary, a Y Combinator-incubated service that helps developers scan the third-party packages and libraries they use to write their code for potential security vulnerabilities, today announced that it will shut down its service on June 1 and that the team is joining GitHub.
The two companies did not disclose the financial details of the transaction, but our understanding is that this is… Read More

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Zeta Global acquires commenting service Disqus

 Marketing tech company Zeta Global is making good use of its recent $140 million Series F funding round. After acquiring Boomtrain, the company today announced it has acquired Disqus, a service you’re probably familiar with thanks to its ubiquitous online commenting service that powers the commenting sections of sites that range from TMZ to The Atlantic and Entertainment Weekly. Read More

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Security business Barracuda Networks acquired for $1.6 billion

 Private equity giant Thoma Bravo has agreed to buy Barracuda Networks in a take-private deal valued at $1.6 billion. The company was offered $27.55 per share, about 16% above Friday’s close. This is above Barracuda’s 52-week high, but it’s down from the over $40 share the stock was trading at in 2015. Barracuda went public in 2013. Campbell, California-based Barracuda,… Read More

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