Coupa Software Inc. has agreed to a buyout by Thoma Bravo for $6.15 billion in cash.
Coupa said that the enterprise value of the deal, which includes debt and cash on its balance sheet, is $8 billion.showing a net loss of that it loss of $84.1 million despite a 17% increase in total revenue to $217.3 million. It posted a net loss of about $88 million in the corresponding quarter last year.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves in the premarket: Horizon Therapeutics, Coupa Software, Rivian and moreThe stocks making the biggest moves in premarket trading include Horizon Therapeutics, Coupa Software, Rivian, and more.
Source: CNBC - 🏆 12. / 72 Read more »
PS27 announces investment into R&D platform specialistsNotedSource has already partnered with Microsoft, Nike, Unilever and Johnson & Johnson to utilize their software.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Alice Technologies CEO René Morkos is using AI to save time and money in the construction industry - San Francisco Business TimesRené Morkos fled war as a kid and chose to work in it as an adult. Now he wants to cut costs and save time in the trillion dollar construction sector with his company Alice Technoliogies.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »