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.
The deal will enable Citrix to boost its presence in the collaborate work management space amid the shift to "distributed work."
The software company has been shifting to remote work, which "means we require fewer resources to support our in-office environment.”
The deal “could provide businesses and customers with more support for interactions that occur on Facebook and its other apps."
The rights issue to finance the deal would be the largest this year from a U.K. company.
The cloud-based data warehouse company is “one of the world’s most valuable former startups that is still private."
