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Wheelings & Dealings: M&A Week in Review

TMCnet Feature

October 11, 2014

Wheelings & Dealings: M&A Week in Review

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By Joe Rizzo
TMCnet Contributing Writer

Spanlink (News - Alert) is a company whose goal is to give companies the ability to communicate better through the use of leading technology, tools and practices. Spanlink sells, designs, implements and provides managed services and support for all Cisco (News - Alert) architectures including Collaboration. This week, ConvergeOne acquired Spanlink and changed the name to ConvergeOne Collaboration.


We all know how dangerous it is to drive and text, even if you are not responding, reading a text message can distract you from the road long enough to cause some serious trouble. What if there was a way to read messages without taking your eye off the road? Would that be a product worth having? Navdy is a voice and gesture-controlled heads-up display that wants to keep your eyes on the road.

We have another company that received a name change after being acquired this week. Kulu Valley is a company whose technology allows businesses to cut through the noise and ensure their messages are heard, understood, and acted on. It is also a company that was acquired by Qumu, which believes that enterprise communications can be revolutionized through video.

I have been seeing a lot of commercials on TV lately for Square, the company that makes that little square adaptor for your smartphone to process credit card payments. It is quite possible that this is happening at this time because the company recently concluded a venture funding round in which it raised $150 million.

Another company that was successful in a Series B funding round was Zoomdata. Although they didn’t do quite as well as Square, $17 million will go a long way toward its visualization technology that was built with stream processing and iPads in mind. It will also be used to offer faster queries to deliver results in a nicer visual style.

Every day companies all over the world are making deals, raising funds, or forming partnerships of one type or another. We try to keep an eye on these Wheelings & Dealings. Whether it is an acquisition or a joint partnership that benefits several companies, we will keep you apprised of all of the important details. Check out all of our sections to see what has been going on this week.





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