Technology Fortnightly – Atos to acquire Paladion
30 Jun, 2020
In this edition, we discuss about Atos' acquisition of Paladion. On June 24, 2020, Atos announced its intent to acquire Paladion, a leading managed security services provider (MSSP). It provides cloud-native managed detection and response (MDR) services as well as a proprietary cloud-native, AI-driven MDR platform, AIsaac. Paladion clocked a revenue of over $29m in 2019.
Technology Fortnightly – Are SaaS companies in India finally taking off?
15 Jun, 2020
In this edition, we discuss about the growing Indian SaaS sector. This month, API development platform Postman raised $150m from a group of investors including Insight Partners, CRV and Nexus Venture Partners at a valuation of c.$2bn, as per news reports. Postman joins a growing club of Indian SaaS startups, such as Freshworks, Druva, and Zoho to join the “unicorn” club in terms of billion dollar plus valuations. It seems that enterprise software firms – more importantly investments in such firms – is finally taking off India which may provide the much-needed boost to the Indian technology industry.
Sign up for The Chesapeake Group's publication of the Technology Services Fortnightly. It provides an overview of recent transactions and public valuations in the information technology services space. In addition, it also covers major developments and articles conveying our view of the digital world.