In keeping with our mission to provide comprehensive advertising analysis, MediaRadar puts together a report of the most important mergers and acquisitions news each week. Stay in the loop, whether you sell advertising space or focus on business development.
This week, software giant VMWare makes another multibillion dollar acquisition, Northstar Travel Group adds new B2B travel brands to its portfolio and Merck acquires Versum Materials.
The software company VMWare has completed its acquisition of cyber-security company Carbon Black for approximately $2.1 billion.
The deal runs in tandem with VMware’s recent acquisition of Pivotal for $2.7 billion. These two major acquisitions address separate aspects of VMWare’s overall business strategy.
Pivotal, a cloud-native platform provider, brings in a new developer platform to make it easier for developers to write, test, and deploy applications. Carbon Black provides the security backbone to ensure clients’ applications are protected.
Dell Technologies is a majority shareholder of VMWare, which provides cloud computing and virtualization software and services.
Travel industry B2B information and marketing solutions leader, Northstar Travel Group, has announced its acquisition of travAlliance, a marketing services, digital media, event and information company that serves the North American retail travel market.
The acquisition includes travAlliance’s media brands: TravelPulse.com, Agent at Home, Travel Agent Academy, and Agent Studio.
Northstar Travel Group President Bob Sullivan commented: “The travAlliancemedia portfolio is a perfect strategic fit with Nortstar’s core information and marketing services brands serving the retail travel industry.”
Northstar already owns brands several notable travel brands including Travel Weekly, TravelAgeWest, Business Travel News, and Web in Travel.
Merck Group has completed its acquisition of Versum Materials Inc. for $6.4 billion.
Versum is a specialty materials supplier that manufactures chemical-mechanical polishes, semiconductor materials, and provides delivery systems and services for the semiconductor industry.
The Arizona-based company reports annual sales of approximately $1.4 billion and employs a staff of 2,300 across 14 major facilities in Asia and North America.
The company’s addition to Merck is expected to create a leading electronic materials player focused on the semiconductor and display industries. The acquisition will also allow Merck to better benefit from long-term growth trends in the electronic materials industry.
These are some other notable deals and developments from the past week: