282 posts and columns on M&A
News Byteagreed to acquire OrderMotion, a cloud software firm based in Burlington, Mass., that specializes in order management. Financial terms were not disclosed. NetSuite said it will put OrderMotion’s expertise to work to augment its own order-management capabilities. NetSuite shares rose slightly to $89.90 a share by mid-morning Eastern time.
News Byteagreed to be acquired by a group of four private equity firms. Together, Bain Capital, Golden Gate Capital, GIC Special Investments and Insight Venture Partners have offered to take BMC private at $46.25 a share, a deal that values the company at $6.9 billion, which amounts to a premium of less than 2 percent over BMC’s closing share price on Friday.