In today's tech industry landscape, buyers are increasingly reluctant to engage in large-scale acquisitions, a stark contrast to the eagerness seen just a few years ago. This shift in behavior is driven primarily by two key factors: the decline in revenue multiples and the increase in
The rapid adoption of Software as a Service (SaaS) has revolutionized the way businesses operate, offering unmatched flexibility and productivity. However, this extensive use of SaaS applications also introduces a host of challenges, including escalating costs, security risks, and governance
The startup ecosystem within the Nordic and Baltic regions has been marked by remarkable dynamism and innovation. Recent developments have showcased a flurry of funding milestones, strategic investments, leadership overhauls, and market expansion activities fueling the growth of startups. As the
Infosys, a global IT services leader, is making strategic moves to bolster its position in the booming sectors of data analytics and Software as a Service (SAAS). The company’s CEO, Salil Parekh, has articulated a clear vision for growth through targeted acquisitions, especially in the European and
The recent acquisition of WSO2, a leading independent software provider specializing in open-source API management, integration, and identity and access management (IAM) products, by EQT, a global investment organization, marks a significant development in the tech industry. Announced first in May
The strategic collaboration between the fintech SaaS startup Zaggle and the Open Network for Digital Commerce (ONDC) marks a significant step toward revolutionizing prepaid payment instruments. This partnership aims to streamline the issuance process and enhance the reward mechanisms for ONDC’s c
