Portfolio News Room
May 26, 2021 - UserTesting, a leading provider of on-demand human insights, today announced it has been named to the Fortune Magazine Best Workplaces in Technology list and, for the second consecutive year, earning a spot on the Financial Times Americas’ Fastest-Growing Companies 2021 list. In addition, UserTesting was recognized as one of San Francisco Business Times Best Places to Work; Bay Area Workplace Wellness Award recipients for midsized companies.
May 17, 2021 - Siemens has signed an agreement to acquire Supplyframe, a leading Design-to-Source platform for the global electronics value chain, for USD 0.7 billion. The transaction unlocks significant value for customers of Supplyframe and Siemens, providing seamless and quick access to both Siemens’ offerings and Supplyframe’s marketplace intelligence. This will help customers to reduce costs, increase agility and make highly informed decisions. The acquisition also strengthens the Siemens portfolio through Software as a Service (SaaS) – not only in the field of Electronic Design Automation (EDA) and Printed Circuit Boards (PCB), but also scaling into other domains and technology fields.
December 16, 2020 - Vroom, an innovative online used-vehicle retailer, has entered into a definitive agreement to acquire CarStory, a leader in artificial intelligence-powered analytics and digital services for car dealers and associated clients. The transaction includes the acquisition of CarStory's parent, Vast Holdings, Inc. The new deal demonstrates how important data science has become to used-car retailing, an area of commerce that has often been described as the last bastion of old-school horse-trading.