$31 billion Atlassian just revamped its M&A term sheet to take on more risk in the acquisition process and make it less stressful for founders to sell their companies

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The developer software company Atlassian spent $1 billion on acquisitions. Now the company is trying a new way to make big tech deals.

On Monday, Atlassian made an unprecedented move to, giving potential acquisitions — and everybody else — a deep look into exactly what they're getting themselves into when they enter in to the deal-making process.

"They're coming into this process super excited that they're going to sell the company, but it becomes very arduous for them mentally and emotionally," Hect said.Investors used to balk at startups for software developers — but after Microsoft bought GitHub for $7.5 billion, they're all in For one, Hect and Kennedy wanted to close the risk gap, which their analysis found protects acquirers beyond what is necessary.

Escrow terms mean that part of the proceeds of the sale are held by a third party until both parties agree that the sale is satisfactory, almost like a security deposit.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Shares of cancer-therapy companies skyrocket after Pfizer acquisition newsShares of gene-therapy companies shot up on Monday after Pfizer Inc. announced it would acquire cancer drug maker Array BioPharma Inc. in a deal worth up to... What’s bitcoin doing if these are skyrocketing?
La source: MarketWatch - 🏆 3. / 97 Lire la suite »