Israeli cybersecurity company Cato Networks acquires Aim Security, sources say for ~$350M, its first acquisition, says it passed $300M in ARR, and raised $50M
Steven Scheer / Reuters :
Sources: Cursor maker Anysphere has reached ~$300M in ARR and declined an acquisition offer from OpenAI, which now aims to buy rival Windsurf, with $100M in ARR
Anysphere, maker of AI coding assistant Cursor, is growing so quickly that it's not in the market to be sold, even to OpenAI …
Source: Cisco is paying ~$650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent raised a $40M Series B at a ~$250M valuation in September 2022
Anissa Gardizy / The Information : X: @anissagardizy8 . LinkedIn: Timothy Snow X: Anissa Gardizy / @anissagardizy8 : scoop: Cisco plans to buy cloud networking startup Isovalent for ~$650mm in cash $...
Sources: The Washington Post explores a spinoff or sale of its Arc XP publishing tool, which has 250 staff globally and could generate $200M+ in ARR by 2027
Company has embraced digital experimentation under tech-billionaire owner; spinoff of ‘Arc’ business also possible
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M
Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma for $20B, nor that Wal...
Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR
Laura Cooper / Wall Street Journal :