Odds and Ends 

HPE is buying Cray for $1.3 billion

HPE announced it was buying Cray for $1.3 billion, giving it access to the company’s high-performance computing portfolio, and perhaps a foothold into quantum computing in the future. The purchase price was $35 a share, a $5.19 premium over yesterday’s close of $29.81 a share. Cray was founded in the 1970s and for a time represented the cutting edge of super computing in the United States, but times have changed, and as the market has shifted, a deal like this makes sense. Ray Wang, founder and principal analyst at Constellation…

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SurveyMonkey acquires web survey company Usabilla for $80M

SurveyMonkey announced today that it has acquired Usabilla, an Amsterdam-based website and app survey company, for $80 million in cash and stock. Zander Lurie, CEO at SurveyMonkey, said Usabilla filled in a missing piece in its survey toolkit. “A key product that we identified that we really wanted to add to the portfolio, which is really adjacent to our VOC (voice of the customer) solution is a website feedback collector helping people on the web or on mobile apps really understand what users are doing on their site,” Lurie told…

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Adobe to acquire Magento for $1.68B

Adobe announced today that it was acquiring Magento for $1.68 billion. The purchase gives Adobe a missing e-commerce platform piece that works in B2B and B2C contexts and should fit nicely in the company’s Experience Cloud. It should also help Adobe compete with Salesforce, which offers its own marketing, sales and service offerings in the cloud and which bought Demandware for more than $2 billion in 2016 to provide a similar set of functionality. Brent Leary, who owns CRM Essentials and keeps a close eye on the intersection between marketing and…

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Giant companies that wont buy your startup

Joanna Glasner is a reporter for Crunchbase. More posts by this contributor: CrunchBase Spotlight: Data hints at down rounds, but not wipeout, for marketplace lending Huge companies in fast-changing, technology-intensive businesses buy startups. After all, they have the money and need fresh entrepreneurial talent to tap new markets and stay abreast of disruption. Thats the collectivewisdom about M&A in venture capital and startup circles. Its also how the venture business survives. Though IPOs may iQIYI. Its also entered into licensing deals with a long list of Hollywood studios, including NBC Universal…

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Troubled travel startup Zozi gets acquired by Peek

Zozi, the drama-filled travel industry startup whose former CEO recently sued its board, has been acquired by Peek, a rival in the tours and activities business where Zozi also competes. Terms of the deal were not disclosed, but the two companies will be joining forces, with the assets and team from Zozi heading over toPeek. The news was reported by Skift, which notes that Peek is basically hiring the Zozi employees and bringing its customers on board, while the Zozi brand and marketplace will be phased out. This is a…

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