A News Digest on Cloud Technologies, Startups and Investments

Amazon confirms it has acquired Australian e-commerce startup Selz, a 7-year-old startup that helps entrepreneurs sell products online, a Shopify competitor that employs less than 50 people and has raised $11M www.geekwire.com/2021/amazon-acquires-selz-shopify-competitor-helps-small-e-commerce-businesses/

Matillion, a startup that helps companies sort and clean up data before sending it to the cloud data center for analysis, said on Tuesday it had raised $100 million in its latest funding round but declined to share the firm’s valuation. www.reuters.com/article/us-matillion-funding/cloud-data-analytics-startup-matillion-raises-100-million-idUSKBN2AG1MF

Private equity investor Permira is selling 12 million shares in German software company TeamViewer through an accelerated bookbuild offering, the book-runner on the deal said on Tuesday. www.reuters.com/article/us-teamviewer-stocks/permira-selling-12-million-shares-in-germanys-teamviewer-says-bookrunner-idUSKBN2AG26L

The U.S. Justice Department’s Antitrust Division has asked Salesforce and Slack for more information ahead of Salesforce’s plan to buy the smaller software company for $27 billion, Salesforce said Tuesday. The development could indicate greater scrutiny into prominent technology transactions under the Biden Administration. Even with the additional layer of evaluation, Salesforce still expects to close its deal for Slack in the quarter that ends on July 31, according to a regulatory filing. The review, known as a second request, is not unprecedented: GE’s 2017 Baker Hughes acquisition, Charles Schwab’s 2020 TD Ameritrade deal, and Anheuser-Busch’s 2020 transaction with Craft Brew Alliance, which involved the sale of Kona Brewing’s Hawaii operations to another company, all faced similar requests. www.cnbc.com/2021/02/16/salesforce-slack-deal-doj-requests-more-info.html

Where is Flashpoint’s new $200m SaaS fund looking to invest? Construction sites, schools, clothes shops, and call centers will all see change during the software boom, Flashpoint predicts sifted.eu/articles/flashpoint-200m-saas-fund/