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In this week's Monday Morning Minutes we look at the biggest tech news for last week including these large transactions:
- Broadcom's $10.7bn acquisition of Symantec's enterprise security business
- iPipeline (provider of cloud-based software solutions for the Insurance and Financial Services industries) to be acquired by Roper Technologies for US$1.6bn on August 8 th
- Klarna (Swedish payments provider) raises US$460mm on August 6 th, becomes Europe's second most valuable VC-backed company at US$5.5bn post-money valuation
- Babylon Health (developer of AI-powered telehealth software) raised US$550mm at a US$2bn+ valuation on August 2 nd from Saudi Arabia's Public Investment Fund
Tune in each week on Monday morning for the latest in tech news.
Brought to you by Sampford Advisors, Canada's leading mid-market tech M&A advisor.
The Monday Morning Minute is brought to you by Sampford Advisors and quickly reviews the latest technology M&A transactions, the latest news and expectations for the week ahead.
In our first Monday Morning Minute we look at the latest M&A transactions in the tech space including Thoma Bravo's $1.8bn acquisition of JD Power and the London Stock Exchange's acquisition of Refinitiv from Blackstone from $27bn. We also discuss the Federal Reserve's quarter point cut in interest rates and Apple's 2Q earnings.
Lastly, we review the upcoming week which will be busy on the earnings front with Lyft, Uber and Dropbox all reporting results.
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