Category: Acquisitions

Regional office region: Apple ups its Portland ante and Square takes out significant square footage

Rick Turoczy on January 28, 2020

There’s an argument that headquarters define the viability of a business community. And Portland has done okay in that regard. But I always felt that we could adjust the conversation. To promote the viability of a community by the regional offices it hosted. I mean, one of our largest employers is a regional office. So it what if we focused on that? Playing to our strengthens, as it were.

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Another week, another Portland startup acquisition. This one for nearly half a billion dollars. All in cash.

Rick Turoczy on May 29, 2019

There has been a recent spate of acquisitions here in Portland. Some Portland companies acquiring. Some Portland companies getting acquired. This is one of the latter. With recent Portland transplant Twistlock getting acquired for $410 million.

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Daimler’s moovel which is being merged with BMW’s ReachNow acquires Validated, a startup accelerated by Jaguar Land Rover

Rick Turoczy on May 22, 2019

Stick with me here. Long story short, this is a good Portland story. So there’s that. But it may get a little twisty and turny. Let’s see… where shall we begin…?

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A new reality: Portland Augmented Reality startup Streem acquires London AR startup Selerio

Rick Turoczy on May 21, 2019

Portland startup Streem, itself the second chapter for a founder who went through an acquisition with his company ONtheGO Platforms, today announced that they are acquiring Selerio, a London startup focused on the AR space.

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Quintessential Portland startup Cloudability to be acquired by Seattle area Apptio

Rick Turoczy on May 16, 2019

There are any number of amazing Portland startups. (Clearly. That’s why I’ve been writing about them on this blog for nearly a dozen years.) But every once in a while, a startup comes along that becomes the center of gravity — the proverbial Cinderella story — for a generation of startups around here. Cloudability was very much one of those startups. And today, the denouement of that startup story begins, in the best of ways, with an exit. Cloudability has announced an agreement to be acquired by Apptio.

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Snuggling up: Scroll acquires Nuzzel

Rick Turoczy on February 7, 2019

Another day, another acquisition with potential Portland impact. Scroll, the “invite only and I don’t have an invite but appears to be working to make online content both profitable and ad free” startup that has its CTO and an office in Portland, is acquiring the news aggregation service Nuzzel.

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Mmmmmmmm accounting: inDinero gobbles up mAccounting to expand its offering and establish a Midwest office

Rick Turoczy on February 5, 2019

InDinero, a Y Combinator and 500 Startups alum that relocated its headquarters to Portland, has snapped up outsourced accounting service mAccounting, according to Malia Spencer over at the Portland Business Journal.

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Rounding up the news on Akamai’s acquisition of Janrain

Rick Turoczy on January 9, 2019

In case you missed it, Portland’s Janrain was acquired by Akamai. Given that it was the first real Monday following the holidays, I can totally appreciate that you might have missed it. So I thought I would round up some content to help get you up to speed on the deal.

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Portland’s Janrain has been acquired by Akamai

Rick Turoczy on January 7, 2019

Remember how I said that one of the issues with creating a self-sustaining ecosystem in Portland was the irregularity of liquidity events? Well, I don’t want to get my hopes up, but… we just started the third month in a row with a liquidity event. This time, it’s Janrain getting acquired by Akamai.

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Reflecting on why the Cozy and Radar exits are important for the Portland startup community

Rick Turoczy on November 14, 2018

Startup exits—or “liquidity events” as they call them in the biz—are great. And when the exits are multiples of the amount of capital a company has raised, they’re great for both the founders and the investment community. But sometimes the impact of those exits and their impact on the Portland startup community can be a little more nuanced. So I thought I’d share some thoughts on why the recent Cozy and Radar exits are important to our community.

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