Flexera completes acquisition of Snow Software
The finalisation of the deal was announced in a Flexera blog post following the reveal of their intention to acquire Snow back in November.
The finalisation of the deal was announced in a Flexera blog post following the reveal of their intention to acquire Snow back in November.
The European Commission joins antitrust watchdogs in the US and UK in reviewing the multibillion-dollar tech alliance.
Adobe will pay a $1 billion breakup fee to the design software maker, amid greater antitrust scrutiny of mergers.
Broadcom have said they will lay off more than 400 VMware employees; and that’s just the first wave of workers to be let go.
Company executives are scrambling to address EU and UK antitrust fears, but heavy remedies could be required to get the worldwide green light.
“This acquisition is a big win for the customers and partners of both companies,” said Jim Ryan, President and CEO of Flexera.
Big Blue announced its intention to buy the US-based cloud and IT management company back in June of this year.
The Sweden based SAM solutions company currently generates an annual revenue of approximately $175 million.
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Software Asset Management is a business practice that involves managing and optimising the life cycle of software within an organisation.
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