Industry Deals

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

Quorum Software Acquires Archeio Technologies

HOUSTON–(BUSINESS WIRE)–Quorum Software (Quorum), a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced today that it has acquired Dallas-based Archeio Technologies, the leading provider of oil and gas document classification and smart search technology.

Zebra Technologies Completes Acquisition of Profitect Inc.

LINCOLNSHIRE, Ill.  Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, today announced that it has completed its acquisition of Profitect Inc., a privately-held, leading provider of prescriptive analytics for the retail and consumer packaged goods (CPG) industries.

Akash Systems Raises $14.5 Million Series A

SAN FRANCISCO–(BUSINESS WIRE)–Akash Systems, Inc., a San Francisco-based startup focused on resolving the explosive growth of data collected from space by enabling faster, cheaper and ubiquitous satellite communications, has announced $14.5 million in Series A funding, including $10 million in new equity funds, and an additional $4.5 million converted from prior convertible notes.

Colotraq Acquired by Publicly Traded Holding Company

CHANNEL PARTNERS CONFERENCE & EXPO — Colotraq, the sourcing advisory firm and data-center infrastructure master agency, is being acquired by Aluf Holdings, a firm focused on the identification, acquisition, management and growth of companies in the biometrics and blockchain technologies.