SeeUnity Acquired – Our Thoughts
But, this past week, fellow cloud file migration vendor, SeeUnity (based in Colorado), was acquired by Boston, based private equity-backed legal tech firm Anaqua.
ECM
Mobius & UIPath take off – Our Thoughts
All in all quite month of activity, but all of course, overshadowed by the UIPath IPO. It will be interesting to see how this impacts the enterprise automation market in the short and long term. Undoubtedly some of the money raised, possibly much of the money, will go toward multiple acquisitions.
How to Turn an Aircraft Carrier: A Review of OpenText World 2021
We attended OpenText World Europe this April to learn where the ship is headed. OpenText made it very clear that it is staking its content management future on the cloud. The company announced Cloud Editions 21.2, an all-encompassing, all-in effort to achieve that long turn away from on-premise legacy software. Mark Barranchea, CEO, pledged an R&D investment of over $1 billion in R&D in their diverse stable of products. For a company with $3 billion in sales last year, that is a very impressive number.
Financial vs Industry Analysts and Box
My take was that this investment was a good move for Box. It provides longer-term stability and some protection against an activist investor who may well have wanted to control or flip the company. My interest is in the industry as a whole, buyers, users, and builders of technology.
MFiles Acquire Hubshare – Our Thoughts
Today MFiles, the USA/Finnish ECM company, announced that it had acquired London-based collaboration/filesharing firm Hubshare. It’s only the second acquisition that MFiles has made, the last being the 2017 buy of Aprento and AI/NLP vendor.
Dropbox acquires DocSend – Our Thoughts
Today Dropbox announced that it is to acquire San Francisco-based DocSend, a VC-backed startup that has been around since 2013 and raised a little over $15m in funding. DocSend is an interesting little firm with an innovative approach to tracking and securing external messages and documents.
Hyland acquires Nuxeo – Our Thoughts
For existing customers and community members of Nuxeo, Hylands continued approach to managing the open-source community and all that stands for will also be something to watch closely. Probably the most intriguing acquisition of the last year for us, it’s an odd one for sure, and very likely not the last of 2021.
File Migration – A Spark Plug for the Cloud
Cloud File Migration vendors are the spark plugs to grow file-based cloud applications, nobody gives them much attention, but without them, nothing happens.
Microsoft Viva EXP Launch – Our Thoughts
This week Microsoft launched Viva, its employee experience platform, building on the foundational work of Project Cortex. Microsoft describes Viva as an organizing layer across 365 leveraging teams. Nothing too surprising there, but where it does get interesting is its ability to co-ordinate insights, alerts, and information across the enterprise.
Box acquires SignRequest – Our Thoughts
Today Box announced that it had acquired Dutch eSignature firm SignRequest. This deal is of significant market interest for two reasons.