Bring Out the Salsa! We’ve Got a Spicy M&A Fiesta Going On!
Swipe Right, it’s M&A Season
Good morning, tech junkies! Here’s a hot choco and a summary of your week: In an overall snooze-fest of a year, the recent couple of months turned up the heat and transformed it into the M&A version of “Hot Ones” show: Atlassian sealed the deal with Loom, Cisco gave the ‘yes’ card to Splunk, and Microsoft finally put a ring on Activision.
M&A Love Letters
Let’s talk briefly about these techno-love unions. Atlassian and Loom are like the popular high-school couple everyone saw coming, it’s the power couple we deserve. Cisco and Splunk? More like the odd couple that just clicks: Cisco, the seasoned tech old-timer, finds a sweet spot with Splunk, the trendy data darling. And of course, we have to mention Microsoft and Activision, the billion-dollar arranged matrimony that finally concluded its long engagement.
Hot Take:
Here’s the hot take folks – these tech remarriages are turning up the heat in an otherwise chilly market. It’s like watching an episode of “The Bachelor” where Atlassian, Cisco, and Microsoft hand out their roses to Loom, Splunk, and Activision respectively. Expect more heated moments in the tech dating world as we approach the exciting season finale!
Original article: https://techcrunch.com/2023/10/27/tc-roundup-how-to-successfully-buy-another-company/