Industry Deals

We've scoured the airwaves and assembled a list of the latest financial transactions in technology and communications.

Investment Group Led by The Pritzker Organization to Acquire Hargray

HILTON HEAD ISLAND, S.C. & CHICAGO–(BUSINESS WIRE)–Hargray Communications Group, Inc. (“Hargray”) and The Pritzker Organization, L.L.C. (“TPO”) announced today that the Tom Pritzker Family Business Interests (“PFBI”) advised by TPO, along with Redwood Capital Investments, Stephens Capital Partners, and management have agreed to acquire Hargray in an all-cash transaction.

Palo Alto Networks Wraps LightCyber Acquisition

PRESS RELEASE — SANTA CLARA, Calif., Feb. 28, 2017 /PRNewswire/ — Palo Alto Networks® (NYSE: PANW), the next-generation security company, today announced its acquisition of LightCyber®, a privately held cybersecurity company that has developed award-winning, highly automated and accurate behavioral analytics technology.

Wireless Telecom Group Announces Acquisition of CommAgility, Ltd.

PARSIPPANY, N.J.–(BUSINESS WIRE)–Wireless Telecom Group, Inc. (NYSE MKT: WTT), a leader in advanced wireless communications solutions, announced today it has acquired CommAgility, Ltd., a privately-held developer of embedded signal processing and RF modules, LTE PHY/stack software for 4G/5G mobile networks and related applications.

Fuze Wraps Astounding $104 Million Funding Round

PRESS RELEASE — CAMBRIDGE, Mass.–(BUSINESS WIRE)–Fuze, the leading cloud-based communications solution for the modern global enterprise, today announced it has closed $104 million in financing led by Wellington Management Company LLP.

CloudJumper Expands Channel Via Acquisition

Workspace-as-a-service platform (WaaS) provider CloudJumper on Tuesday announced the acquisition of a competitor’s IT services business unit that will expand the company’s channel with more than 50 MSPs and ISVs.

RapidScale, PlanetOne Form Partnership

PRESS RELEASE — SCOTTSDALE, Ariz., Jan. 26, 2017 — PlanetOne Communications, the IT and telecom industry’s preferred connectivity partner, today welcomed RapidScale, a leader in managed cloud services, to its growing portfolio of preferred providers.

Rackspace Cloud Sites Buyer LiquidWeb to Acquire WiredTree

PRESS RELEASE — LANSING, Mich.– Jan. 19, 2017 – Liquid Web, LLC (www.liquidweb.com), a $100 million managed hosting provider focused on web-reliant professionals, today announced the acquisition of Chicago-based managed web hosting company, WiredTree.