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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...

Vantage Data Centers lands $6.4b investment driven by ‘unprecedented cloud and AI demand’

Vantage's longtime financial backers lead the investment, driven by anticipated need for more data center capacity Vantage Data Centers has garnered $6.4 billion in equity investment, lead by digital infrastructure investment company DigitalBridge and tech backer Silver Lake, that the data center company says will...

IBM to buy Software AG’s integration businesses for €2.1 billion

Software AG, the second biggest Germany-based provider of business software after SAP, has agreed the sale of its StreamSets and webMethods businesses to IBM for €2.13 billion ($2.3 billion). The firm, sold to private equity group Silver Lake in October for €2.6 billion, retains...

Software AG completes €2.6bn sale to US private equity firm Silver Lake

US private equity firm Silver Lake has secured over 85 percent of the share capital and voting rights of Software AG, the second biggest Germany-based provider of business software after SAP. A press note from Software AG put its total share in the firm...

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...