“Adding property tax content and software to our global compliance portfolio extends Avalara’s footprint into a large and exciting new tax type.“
The cash-and-stock transaction values the new company at $160 a share.
The deal would have been Zoom's biggest move yet to expand beyond its core videoconferencing business.
“Bringing Zimit into the Workday community is a natural fit and aligns with our mutual goal to automate complex finance processes.”
The data analytics firm, which was valued at $4 billion in June, is betting on investor enthusiasm for its digital optimization software.
The $625 million deal supports Bill.com's “strategy to invest in our platform to be a one-stop shop solution for businesses."
The deal is Zoom's biggest move yet in its effort to build on the growth it experienced during the pandemic.
The $2.5 billion deal will enable Bill.com to offer expense management software and smart corporate cards to its more than 115,000 customers.
The private equity giant is making its biggest bet on cloud software amid forecasts of rapid growth in the security-as-a-service market.
Tipalti said the deal would enable it to offer automation of the entire accounts payable cycle from procurement through to payment.
The acquisition of the provider of digital tools for health care processes advances Microsoft's industry-specific cloud strategy.
During Murphy’s three-year tenure, Adobe’s revenue grew from over $7 billion in 2017 to over $12 billion in 2020 and the company made several acquisitions.
