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Cumulocity flaunts new independence after Software AG carve-up

Germany-based Cumulocity, a pioneer brand in the industrial IoT space, has emerged from its long-time stewardship by business software and data analytics firm Software AG, including through its latter supervision by US private equity outfit Silver Lake, as an independent entity after a management...

Software AG takes €344m from US private equity group, plans US acquisition spree

Software AG has entered into a strategic partnership with global tech investment leader Silver Lake, supported by a Silver Lake investment of €344 million. It marks the first time a US technology investment firm has completed a private investment in public equity (PIPE) deal...