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LinkedIn has announced that it will acquire Lynda.com, a subscription online education service that offers hundreds of thousands of educational videos and over 6,000 online courses to its customers. LinkedIn stated that the purchase will expand LinkedIn’s ability to offer professional development services to its members.
Epiq acquires Iris Data for $134 million
By Linn Foster Freedman on April 30, 2015
Epiq Systems Inc. recently announced that it has acquired Iris Data Services for $134 million. Epiq, which provides a range of services to the legal industry including data breach response, bankruptcy and class action and mass tort settlement administration, stated that the acquisition of Iris, an e-discovery managed service provider, will enable Epiq to also…
Playtech Enters Foreign Exchange Market
By Linn Foster Freedman on April 9, 2015
Posted in Mergers & Acquisitions
Online gaming software company Playtech Ltd. has announced that it is purchasing TradeFX for close to $499 million, representing just over 91% of TradeFX’s worth. Playtech’s acquisition of TradeFX, which operates the site markets.com, will launch it into the foreign exchange world as TradeFX offers a trading platform for foreign currencies, binary options and deliverables.…
Informatica snagged by private equity group and pension investment board for $5.3 billion
By Linn Foster Freedman on April 9, 2015
Posted in Mergers & Acquisitions
Proving that big data and digital companies continue to intrigue big investors, big data analytics company Informatica has been purchased by private equity group Permira and the Canada Pension Plan Investment Board for $5.3 billion. It is reported as being the largest leveraged buyout thus far in 2015. Informatica, which provides analytics, cloud computing and…
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Robinson+Cole is a law firm serving regional, national and global clients from nine offices throughout the Northeast. Our Data Privacy + Security Team brings together lawyers from the firm’s Intellectual Property and Technology, Commercial Litigation, and E-Commerce Groups.
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