It's the last M&A roundup of 2020, folks. We've tallied up all the mergers, acquisitions, splits and shutdowns that took place in Massachusetts last month.
Just one startup shut down, by our count: fintech company Quantopian. Several Quantopian employees, including co-founders John Fawcett and Jean Bredeche, headed to Silicon Valley investments startup Robinhood.
Meanwhile, the startup formerly known as Carbon Relay acquired both a company and its name. The startup purchased Germany-based StormForger GmbH and immediately rebranded as StormForge.
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Here are the highlights from November 2020.
Clearlake Capital Group agreed to acquire Burlington-based Endurance International Group Holdings, provider of cloud-based platform solutions for small and medium-sized businesses, in an all-cash transaction valued at approximately $3 billion including debt.
Westwood-based Coretelligent, a provider of managed IT, security and unified cloud management services, and a portfolio company of private equity firm VSS Capital Partners, jointly acquired managed services IT firm Soundshore Technology Group. Financial terms were not disclosed.
Andover-based cloud service provider Navisite announced its acquisition of Dickinson + Associates, an SAP consulting firm based in Chicago. No financial terms were disclosed.
TELUS International agreed to acquire Boston-based Lionbridge AI, a 24-year-old provider of crowd-based training data and annotation platform solutions used in the development of AI algorithms to power machine learning, for about $935 million.
Eze Castle Integration, a portfolio company of PE firm HIG Capital and a specialist in technology solutions, acquired Boston-based digital transformation firm NorthOut. No financial terms were disclosed.
Quantopian, once one of the most heralded financial services technology startups in Boston, shut down on Nov. 14 as its co-founders and some employees joined Silicon Valley-based financial app maker Robinhood.
Bain Capital Tech Opportunities acquired and merged Lafayette, Calif.-based HST Pathways and Boston-based Casetabs, both providers of cloud-based practice management software for ambulatory surgery centers. Nexxus Holdings also invested. No financial terms were disclosed.
SoftBank reportedly entered talks to sell Boston Dynamics, maker of two- and four-legged robots that have captivated the internet, to Hyundai. The transaction could be valued at up to $1 billion, per Bloomberg.
Carbon Relay went all in on cloud-native application performance testing and optimization by acquiring StormForger GmbH, a 10-person startup in Germany that has developed a "performance-testing-as-a-service" platform. Carbon Relay is also acquiring the startup's name: It's rebranding as StormForge.
Bedford-based Aware, a provider of biometrics software products, solutions and services, acquired the AFIX suite of biometric products from Maxar Technologies for an undisclosed amount. AFIX provides turnkey face and fingerprint biometric matching and forensic analysis software for small and medium-sized law enforcement and government agencies.
Woburn-based Access, a privately-held integrated information management services provider, closed six U.S. acquisitions: Hansen Records Management (Milwaukee); SafeGuard Destruction (Boston); the records storage business of DataSafe (Portland, Oregon); PRIMCO (Beaumont, Texas); Insight Storage Solutions (Minneapolis); and the records storage business of Beverly Hills Transfer & Storage (Los Angeles).
Martech-focused Spiceworks Ziff Davis acquired Boston-based Aberdeen, a provider of behavioral-based marketing solutions. No financial terms were disclosed.
Dassault Systèmes, a French 3D design software company with a local office in Waltham, announced plans to acquire the reminder of the equity of Cambridge-based database provider NuoDB. Dassault Systèmes, which already had a 16 percent ownership interest in NuoDB, was the leading investor in NuoDB's funding round in 2014. Financial terms were not disclosed.
