UserTesting to be Acquired by Thoma Bravo and Sunstone Partners for $1.3Bn
UserTesting, Inc. (NYSE: USER), a leader in video-based human insight, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, and Sunstone Partners for $7.50 per share, in an all-cash transaction valued at approximately $1.3 billion. The offer represents a premium of approximately 94% over UserTesting’s closing stock price on October 26, 2022 and a premium of approximately 97% over the volume weighted average price (VWAP) of UserTesting’s shares for the 30 trading days ended October 26, 2022.
Prove Announces the Launch of Prove Auth™ to Deliver Next-Generation Passwordless Identity Authentication
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced the launch of Prove Auth™, a next-generation solution for passwordless login and omnichannel authentication. Prove Auth enables enterprises to reduce reliance on passwords and one-time passcodes (OTPs) and empowers consumers to frictionlessly authenticate in all channels including phones, desktops and call centers with a solution that is simple, cost-effective, and secure.
Code42 Incydr Supports Leading Desktop-as-a-Service Offerings and Virtual Desktop Infrastructure Solutions
Code42 Software, Inc., the Insider Risk Management (IRM) leader, today announced its Incydr product fully supports all major Desktop-as-a-Service (DaaS) and Virtual Desktop Infrastructure (VDI) environments. The Code42® Incydr™ product detects when valuable and sensitive files are moved to untrusted locations, including personal email and cloud accounts, and removable media – and allows security teams to quickly respond in order to stop data leaks and theft.
Conviva’s Breakthrough Streaming Analytics Innovation Recognized With Two ACM SIGCOMM Innovation Awards
Conviva, the leading global streaming analytics platform, has been recognized by the Association for Computing Machinery’s Special Interest Group on Data Communications (ACM SIGCOMM) with two prestigious innovation awards: the ACM SIGCOMM Test of Time Award and the SIGCOMM Networking Systems Award. Both awards honor the vision and impact of Conviva’s commitment to data and analytics technology innovation that began with the founding team of Hui Zhang, Aditya Ganjam, Jibin Zhan (Conviva) and Ion Stoica (Conviva, Databricks) defining standards that pushed the industry forward.
Code42 to Accelerate Insider Risk Management Solutions with CrashPlan Spin-Off
Code42 Software, Inc., the Insider Risk Management (IRM) leader, today announced that it has closed a transaction with Mill Point Capital to spin off its CrashPlan business. The new entity, to be known as CrashPlan Group (CPG), includes more than 100 employees, all CrashPlan solutions and CrashPlan customers. Code42 will use the proceeds of the transaction to accelerate the growth of the Code42 Incydr™ product and the Code42 Instructor™ microlearning solution, and further develop its team domestically and internationally.
Mirantis Acquires amazee.io, the Only ZeroOps Application Delivery Hub Built by Developers for Developers
amazee.io is the only ZeroOps application delivery hub built by developers to free them from cloud deployment, migrations, and operations work. The company was founded in 2017 to improve the developer experience by fully automating application and infrastructure operations and integration tasks for application builders.
Prove Joins Visa Ready for BNPL to Enable an Authenticated and Frictionless User Onboarding Experience
(“Prove”), the leader in digital identity, announced today it has joined the Visa Ready for BNPL (Buy Now, Pay Later) program. Prove will enable Visa’s BNPL clients to streamline account opening and registrations while creating a seamless user experience through its Prove Pre-Fill onboarding solution. Powered by Prove’s Phone Identity Network (PIN), Prove’s Pre-Fill solution expedites the digital onboarding process by pre-populating a form with verified identity information tied to a phone number, while mitigating fraud.
Prove Partners with All Access NFT to Power Enhanced Customer Experiences and Prevent Fraud in Booming NFT Space
(“Prove”), the leader in digital identity, today announced a new partnership with All Access NFT, which provides premium NFT collectibles, and changes the way people collect, invest, and redeem real-world rewards. All Access NFT leverages its partnerships throughout the sports world, allowing users to support their favorite athletes, collect sets for a once in a lifetime experience, and bridge the gap between blockchain and real-world utility. The innovative NFT company will be using Prove’s Trust Score, Verify, and Pre-Fill offerings to protect its users from fraud and make their customer experience faster and easier. In the larger digital asset landscape, Prove’s technology is used by 2 of the top 3 cryptocurrency exchanges today.
3 Ways NBCUniversal’s Streaming Measurement Certification of Conviva Impacts the Industry
This week’s announcement by NBCUniversal sparks the beginning of an innovative, new—and extremely exciting—multi-currency measurement era. We are honored to have been chosen from more than 120 companies as NBCU’s certified streaming measurement partner. For the first time ever, the complex, fragmented world of streaming measurement is unified. It’s comprehensive, census-level, interoperable, continuously measured, and transparent. Advertisers will now understand the independent value of streaming audience and the incremental reach of streaming audiences through cross-platform currencies based on Conviva’s certified Continuous Measurement Analytics technology.
DailyPay Secures $300 Million Credit Facility From Barclays in a Landmark Deal for the On-Demand Pay Industry
DailyPay, a leading technology platform, today announced it has secured a $300 million revolving credit facility from Barclays. The revolving credit facility will provide DailyPay access to significant capital to service its ever-growing roster of partners, which includes America’s leading employers.