As the holiday season approaches, we want to wish everyone a safe and Happy Thanksgiving. Despite a myriad of challenges in 2020, there is still much to be thankful for and the potential to end the year on a high note.
Read MoreThe United States Postal Service (USPS) reported its fiscal Q1 ’20 results this week for the quarter ending December 31, 2019. Accompanying the news was monthly trial balance data for December, which revealed a 20.4% Y/Y increase in PC Postage revenue and a 10.1% Y/Y increase for the quarter.
Read MoreSharpSpring (SHSP) acquired Marin Software’s (MRIN) Perfect Audience business for $4.6 million in cash. For Marin, the sale enables the company to focus on its enterprise brands across search, social and e-commerce advertising, and reduces Q4 revenue and non-GAAP operating income by $0.5 million and $0.2 million, respectively.
Read MoreFollowing a 13D/A filing by controlling shareholder Dell Technologies (DELL) disclosing merger discussions, Pivotal Software (PVTL) confirmed that the company is negotiating an agreement to be acquired by VMware (VMW) for $15.00 per share in cash, representing a premium of nearly 81% to the close price prior to the disclosure.
Read MoreAfter an on-again, off-again courtship, Broadcom (AVGO) and Symantec (SYMC) finally sealed the deal, albeit on a more limited basis than first rumored. Rather than acquiring the company outright, Broadcom will acquire Symantec’s Enterprise Security assets, including the Symantec brand, for $10.7 billion in cash.
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