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SendGrid, which went public in November 2017 with a market cap around $725 million, will soon join Twilio at valuation around $2 billion.

$7.2 billion Twilio is spending $2 billion to buy one of its publicly-traded partners

Twilio will acquire SendGrid in an all-stock deal set to close in the first half of 2019.
Broadcom CEO Hock Tan

Broadcom says there’s a ‘fraudulent’ memo about it circulating among Senators that’s not really from the Pentagon

The Department of Defense said the memo circulating among Senate members is "likely a fraudulent document."

Lactalis buys Nestle Malaysia’s chilled dairy business in $40 million deal

The deal will take effect next January.
Models present creations at the Versace show during Milan Fashion Week Spring 2019 in Milan, Italy.

Michael Kors is reportedly zeroing in on a $2 billion bid for Versace

Michael Kors is close to acquiring Versace, the iconic Italian designer, for $2 billion. A deal would allow the Versace family to maintain a role in the company after the deal, according to Bloomberg.
Marketo CEO Steve Lucas

It’s official: Adobe will acquire Marketo for $4.75 billion

Marketo, a marketing automation company, is strategic in Adobe's quest to challenge Salesforce's dominance in the marketing space.

A CEO who sold his company for $365 million describes how one of the most humiliating moments of his life transformed his business into a huge success...

BI PRIME: Twelve years ago, Weebly CEO David Rusenko was told told by a prominent tech CEO that his idea for his company was "the worst idea ever."

Meet the 11 new tech billionaires that emerged in 2018

The tech industry has already created 11 newly minted billionaires in the first half of 2018 to join prestigious lists like the Bloomberg Billionaires Index and Forbes' World's Billionaires.

Susan Wojcicki convinced Larry Page, Sergey Brin, and the Google board to buy YouTube, and it all started with ‘a purple Muppet singing a nonsen...

Susan Wojcicki saw the potential for user-generated videos when Google launched Google Videos, Google's own free video-sharing website, and saw an investment opportunity in YouTube when it scaled faster than Google Videos but couldn't afford to stand on its own.
Cisco CEO Chuck Robbins

Cisco is buying a startup that uses WiFi to gather data from people as they move around malls and airports

July Systems, last valued at $45 million, has partnered with Cisco for several years on indoor location services for better customer insight and visitor engagement programs. Now, Cisco is snapping it up.

Square sinks after Paypal acquires iZettle to better compete in payments

Square tumbles after Paypal announced it will acquire iZettle, a European competitor of Square. Fintech startup iZettle will further Paypal's plans for an international omni-channel payments solution and increase competition in the point-of-sale market.