Google acquires CloudSimple

To help customers seamlessly migrate to the Cloud, Google has acquired CloudSimple, a leading provider of secure, high performance, dedicated environments to run VMware workloads in the cloud, for an undisclosed sum.

Santa Clara-based CloudSimple specializes in VMware virtualization software, which helps businesses run corporate networks and business software more efficiently. Through Google's existing partnership with CloudSimple, the customers can migrate their VMware workloads from on-premise data centers directly into Google Cloud VMware Solution by CloudSimple, while also creating new VMware workloads as needed.

With VMware on Google Cloud Platform, customers will be able to leverage all of the familiarity of VMware tools and training, and protect their investments, as they execute on their cloud strategies and rapidly bring new services to market and operate them seamlessly and more securely across a hybrid cloud environment.

Tech Mahindra acquires BORN Group

IT services firm Tech Mahindra Ltd has acquired BORN Group, a New York based digital content and production agency for $95 Million in a cash deal. BORN Group’s services include consulting, content creation, maintenance and hosting services, digital and social marketing, among others. Its clients include Google, Tata, Red Bull and Tag Heuer.

BORN currently has offices in New York City, London, Hong Kong, Singapore and India and employs over 1100 people. The company is owned by private equity firm True North and Zodius Capital. True North acquired a controlling stake in the company in 2011, when it was known as Group FMG. In 2012 Group FMG acquired New York-based creative digital agency Pod1 Inc. The company rebranded itself as BORN Group in 2014.

BORN recorded a revenue of $50 million in calendar year 2018, compared to $39 million and $36 million in the preceding two years. Tech Mahindra Ltd will acquire the Indian subsidiary of Born Group, while Tech Mahindra Pte., the IT firm’s Singapore arm will acquire all other entities of Born, with the transaction expected to close by November 15, 2019.

While the enterprise value of the company has been pegged at $95 million, the transaction also includes a future pay-out of $25 million linked to achievement of financial targets for the financial year ending 31 December 2019. 

HubSpot acquires PieSync

HubSpot, a leading growth platform has acquired PieSync, the fastest-growing real-time intelligent customer data synchronization platform. PieSync is one of the iPaaS offerings that provide both a current and historical two-way sync of customer data that operates in the background, freeing up precious time so companies can focus their energy on their customers instead of their software.

To grow today, companies need to put their customers at the center of their entire operation. That can be hard to do when customer data is spread across disparate solutions, the average employee uses at least eight apps on any given day. Even when the software is integrated, customer data can become out-of-date and inconsistent across tools, leading to complexity and friction for internal teams and customers alike. PieSync enables companies to have a consistent view of their customers across every piece of technology they use. 

PieSync was launched in 2014 with a startup investment from accelerator program Imec.istart and investor Dirk Vermunicht. In 2016, the company raised an additional seed round from AAAF, PMV, Luc Burgelman, and an additional investor. Subsequently in 2018, the company raised a Series A funding led by Fortino Capital and all existing investors.

HubSpot is a leading growth platform. Since 2006, HubSpot has been on a mission to make the world more inbound. Today, over 64,500 total customers in more than 100 countries use HubSpot's award-winning software, services, and support to transform the way they attract, engage, and delight customers. Comprised of Marketing Hub, Sales Hub, Service Hub, and a powerful free CRM, HubSpot gives companies the tools they need to Grow Better.