article thumbnail

The Most Acquisitive Acquihirers in Software

Tom Tunguz

I reviewed the roughly 560 US software acquisitions under $400m since January 1, 2020. ServiceNow tops the list with 5 acquisitions. Recruiter.com prefers small acquisitions: 4 purchases during the period, totalling less than $12m in value. Number of Acquisitions. To answer the question. So did Medallia.

article thumbnail

The Largest Software Acquisition in History

Tom Tunguz

Yesterday, Broadcom announced it will acquire VMWare for $70b, the largest software acquisition in history. This merger also suggests a wave of acquisitions may punctuate 2022, in particular, take-privates. Software companies haven’t been this cheap to buy for a decade. before the acquisition. Growth Rate.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the $6B Coupa Acquisition Means for Software Startups

Tom Tunguz

The acquisition is notable for three reasons. Third, it’s the most substantive acquisition to announce this year after Figma’s announced its sale to Adobe. Third, it’s the most substantive acquisition to announce this year after Figma’s announced its sale to Adobe. Average Software Public Value.

article thumbnail

The Fastest Growing Software Sectors in 2024

Tom Tunguz

The fastest growing software category in the public markets is security. These two software categories lead buyers’ priorities & are expected to grow at twice the pace of the overall software market. For now, software buyers view security & data products as highest priority. Data follows.

article thumbnail

How to Develop a Recession-Proof Product-Led Strategy

Speaker: Wes Bush, Author of "Product-Led Growth"

Zoom, Stripe, and Airtable are all examples of software companies with strong PLG strategies. As PMs, we all know the importance of building a successful product-led growth strategy. But what else do they have in common? What features do their strategies have that allow them to see continued success in this ever-changing market?

article thumbnail

Acquisitions — If You Do Sell, Try to Make Sure It’s At a Local Maximum

SaaStr

And it reminded me of a stretch when over 6 months or so, I met with a series of entrepreneurs that turned down pretty attractive acquisition offers, relatively early in their lifecycle: SaaS Co. #1 Anyone can build software these days. Every Big Tech company has a budget for sub-$100m acquisitions. Vaguely. But Not Really.

article thumbnail

Do PE Acquisitions of Public Startups Imply We've Hit a Pricing Bottom?

Tom Tunguz

This year, private equity firms have acquired five public software companies, totalling $38b in value. Since these transactions’ details are public, we can use them to infer how the private software market values companies. The more free cash the company produces, the lower the acquisition multiple. Thoma Bravo.