"We really wanted to focus on the best tech," Morley said. "We didn't want a new platform to bring in and absorb. That's what we found with Octarine. They're a very strong team...They're not a huge team, but it's very strategic."
"It will give them interesting technology to interact with their core products," Chandrasekaran told Business Insider. "That's how I would think about it."The process for acquiring Octarine began just before much of the coronavirus outbreak happened, Morley says. Still, most of it ended up being conducted remotely.
While tech companies are unlikely to reopen their offices by the time the deal closes by early summer, Morley says onboarding Octarine remotely also shouldn't be an issue.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sir Martin Sorrell names agencies S4 might acquire in internal memos - Business InsiderIn leaked memos, Sir Martin Sorrell frames the pandemic as an opportunity to acquire 'distressed' ad agencies and reveals that his firm S4 Capital has applied for government subsidies Quite a mouthful of a tweet - so he's applying for government subsidies so he can acquire distressed ad agencies? Capitalism at its finest for sure. Recessions and depressions are exactly how power and money are consolidated further towards few companies. All that death and distress - these guys are as happy as pigs in shit.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Startup founders with the most to lose in a recession are working moms - Business InsiderThe looming economic crisis could wipe out female founders' gains in male-dominated Silicon Valley. Experts say childcare is the key in making sure that doesn't happen. If women are upset that they could lose more money than men perhaps knowing that the virus disproportionately kills more men wil cheer them up.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Q&A with Veritone One's head of podcasting - Business Insider - Business InsiderThe head of podcasting at Veritone One spoke to Insider Intelligence about how advertisers have shifted priorities in light of the pandemic's impact on podcast listening
Source: BusinessInsider - 🏆 729. / 51 Read more »
Slack is down — it's not just you - Business InsiderSlack is currently experiencing an outage, according to the company's status page. It is 'investigating and will provide an update shortly.' phew Did you try restarting your computer? ☹️😔
Source: BusinessInsider - 🏆 729. / 51 Read more »
FBI seizes Richard Burr phone in investigation of possible insider trading - Business InsiderThe FBI seized Republican Sen. Richard Burr's cell phone as part of an investigation into potential insider trading related to coronavirus Deep state thug who should resign.....Now ObamaGate
Source: BusinessInsider - 🏆 729. / 51 Read more »
7 steps to safely reopen your business, according to an expert - Business InsiderDevelop a plan that prioritizes health and safety, and assign someone from your team to make sure it gets carried out, says business coach Bob Prosen. Number 1: Don't.
Source: BusinessInsider - 🏆 729. / 51 Read more »