It’s been a while, but its time for a quick update on what’s been happening from an M&A perspective in the industry these past couple of months.
Unlike the past two years’ flurry of game-changing product announcements such as Box Sign, Box Shield, Box Governance, and Box Shuttle, Box Works 2022 was short on “new” and long on “we’re now in GA with all the stuff we said we would do”. This will be good news for Box’s enterprise license customers who seem eager to deploy the new tools.
It’s worth noting that all this activity is occurring in a harsh economic climate, but not so tough for some as Google, Microsoft, Oracle, and Amazon have seen their cloud revenues soar recently. The broader economy may have issues, but software and services to automate and bring order to business chaos are still thriving.
Today, UIPath announced that it is to acquire UK-based Re:Infer, and quite frankly, it’s one of the most interesting deals of recent few years. Deep Analysis came across Re:Infer late in 2021 and subsequently met with and wrote about them earlier this year, and in that report stated that it would be a good acquisition candidate.
Technology that automates repetitive tasks and cost-cutting go hand in hand, so with a looming recession, it’s logical to expect RPA tools to do well. Overall, they are doing well, but in recent conversations with buyers, systems integrators, and resellers, things are not going as well as they should be.
It’s been quite a busy month in Information Management & Automation, our home, out there on the edge of the technology sector. Despite doom and gloom in the economy and geopolitical unrest, a sharp decline in IPO’s plenty of deals big and small are still active in our corner of the world. Below is a …
At Deep Analysis, we undertake technical and market due diligence for Private Equity, Investment Banks, and Vendors looking to acquire. Hence we keep a close eye on what is happening in the broader Information Management and Enterprise Automation market. May, except for the massive Kofax deal (our analysis here), has been relatively quiet, but a few deals this month did catch our attention….