These mergers are a must-know in the field of data science

The world of technology is currently driven by data and data science is becoming popular more than ever. Here are some of the top acquisitions and mergers taking place in the field of data science.

Packable Merges with Highland Transcend

Packable, a U.S. e-commerce firm backed by Carlyle Group Inc (CG. O), said on Thursday that it has agreed to merge with Highland Transcend Partners I Corp (HTPA.N), a special purpose acquisition company (SPAC), in a deal that values the combined company at US$1.55 Billion. The deal includes $180 million of private investment in public equity (PIPE) financing led by Fidelity Management & Research Company, with participation from Lugard Road Capital, Luxor Capital, Park West Asset Management, and Morningside. Packable, which operates third-party retailer Pharmapacks, was valued at about US$1.1Billion when Carlyle invested US$250 Million to acquire its stake in November last year.

Okta to get Auth0 for $6.5B

Okta declared to acquire fellow identity management specialist Auth0 for $6.5 billion in an all-stock arrangement. That cost addresses a critical premium, as Auth0 was last valued at $1.92 billion secretly in the wake of bringing $120 million up; that investment was driven by Salesforce Ventures.

Microsoft Acquires ReFirm Labs

Microsoft is very active in Artificial Intelligence acquisitions for providing better customer service in this tech-driven world in June 2021. The aim of Microsoft is to enhance IoT security and chip-to-cloud protection for the firmware with the help of ReFirm Labs. ReFirm Labs have started enriching firmware analysis and security capabilities from the intelligent edge as well as IoT. This acquisition has brought together top-notch expertise in firmware security and the Centrifuge firmware platform. The customers can easily discover, protect and assess cyber threats at the firmware as well as the network label.

AWS to Acquire Wickr

AWS acquired Wickr in June 2021 to provide benefits to customers and partners with advanced security features that are not available with traditional communications services. Wickr is an innovative company that brings the industry's most secure and end-to-end encrypted communication technology in this digital world. AWS required this acquisition due to the hybrid work environment amidst the pandemic. This acquisition will help organizations adapt to the new ecosystem and collaborate more to offer new products and services to customers and partners.

Atlassian Procures Chartio

Atlassian declared that it's procuring the famous data visualization tool Chartio for an undisclosed sum. The Australian software-as-a-service organization will hope to join Chartio's cooperative dashboards and reports into its own analytics tools and to give clients of tools like Jira and Confluence better insight into their information.

Cision Secures Brandwatch for $450M

The UK media scenario moved in February when the media monitoring and PR data set Cision gained Brandwatch, the online consumer intelligence, and social media listening platform, for $450 million in a combined stock and cash deal. Situated in Brighton on the English south coast, Brandwatch deals in social listening that permits brands to find out about buyer sentiment. Cision desires to unite this with its media and PR smarts to give customers a better image of how consumers see their brand.

Cashmere Joins with Media.Monks

S4Capital (SFOR.L), the tech-led, new age/new era digital advertising and marketing services company, announces a merger between Cashmere and Media.Monks, which significantly expands the capabilities of both its content practice in the USA and global cultural strategy. Cashmere is the premier culture and creative marketing agency, founded in Los Angeles in 2003, by Ted Chung and Seung Chung. With over 150 team members, Cashmere specializes in creating authentic, culturally relevant content and campaigns for clients like Google, Instagram, Facebook, BMW, WarnerMedia, Adidas, Netflix, Disney, Amazon, and Apple. In August, Cashmere was appointed as the first-ever "Culture Agency of Record" by Taco Bell.