Acquisitions and Milestones - March 2012 'Net Briefs
■ eBay has acquired BillSafe, a purchase-on-invoice technology
provider. The technology will be combined with PayPal in
Germany. Purchase-on-invoice is the most popular form of
payment in Germany, according to eBay, and BillSafe will work
with merchants of all sizes in the country — where there are
already more than 15 million PayPal accounts.
■ PayPal division president, Scott Thompson, has been named Yahoo’s new CEO. This will be Yahoo’s fourth CEO within the past five years. The company has lost ground to both Google and Facebook with regard to online advertising revenues, and its stock hasn’t topped $20 in nearly three years.
■ IBM has announced a definitive agreement to acquire Green Hat, a provider of software quality and testing solutions for the cloud and other environments. Upon the close of the acquisition, the company will join IBM’s Rational Software business for Collaborative Lifecycle Management. An IBM spokesperson said that the acquisition will change the way that enterprises can manage software development cost, test-cycle time and risk.
■ ThreatMetrix has acquired TrustDefender, a secure browsing technology to stop man-in-browser (MitB) attacks and provide malware protection. The combined companies will address the growing global malware threat and will allow ThreatMetrix to address fraud prevention and malware protection as a single problem, while delivering benefits to customers at a lower cost.
■ LogMeIn announced that it has completed the acquisition of the assets of Bold Software, a leading provider of Web chat and customer communications software. The move is part of a larger strategy to expand LogMeIn’s portfolio of Web-based services aimed at customer care organizations — call centers, external help desks and customer service teams.
■ Nielsen and comScore have settled their patent disputes by entering into a cross-licensing agreement. Additionally, Nielsen acquired about $19 million in comScore restricted common stock with neutral voting requirements, which Nielsen agreed to hold for a minimum of one year. Both companies also agree not to bring any patent action against the other for the next three years.
■ TPG Growth and Survey Monkey have acquired Market- Tools, a provider of software and services for market research and enterprise feedback management. TPG Growth will expand on some products from the MarketTools transaction, and will give the rest of the products to Survey Monkey in exchange for a minority stake in the company.