Tracker Ventures Corp. Announces LOI to Acquire Majority Stake in Contakt World, an Emerging Digital Contact Tracing Company

Letter of Intent Designed to Strengthen its Technology and Resources through proposed 80.5% Acquisition of Contakt World

VANCOUVER, BC / ACCESSWIRE / October 6, 2020 / Tracker Ventures Corp. (“Tracker” or the “Company”) (CNSX:TKR)(OTC PINK:TLOOF)(FRA:B2I), an analytics software company listed on the Canadian Stock Exchange, is pleased to announce that it has entered into an arm’s length non-binding letter of intent (the “LOI”) to acquire a majority interest in Contakt LLC (“Contakt World”), a technology company modernizing the contact tracing process through next-gen data integrations, strategic health partnerships and respect for user privacy to empower and build mutual trust within communities (the “Acquisition”). The Acquisition is expected to close on or before December 31, 2020, subject to customary closing conditions.

Contakt World’s unique platform acts as a “sole source” provider of digital contact tracing and ethical health surveillance for government agencies, institutions, enterprises, and small businesses. It meets and exceeds

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Tracker Ventures Corp. Announces LOI to Acquire Majority Stake in Contakt World, an Emerging Digital Contact Tracing Company – Press Release

Letter of Intent Designed to Strengthen its Technology and Resources through proposed 80.5% Acquisition of Contakt World

VANCOUVER, BC / ACCESSWIRE / October 6, 2020 / Tracker Ventures Corp. (“Tracker” or the “Company“) (CNSX:TKR)(OTC PINK:TLOOF)(FRA:B2I), an analytics software company listed on the Canadian Stock Exchange, is pleased to announce that it has entered into an arm’s length non-binding letter of intent (the “LOI“) to acquire a majority interest in Contakt LLC (“Contakt World“), a technology company modernizing the contact tracing process through next-gen data integrations, strategic health partnerships and respect for user privacy to empower and build mutual trust within communities (the “Acquisition“). The Acquisition is expected to close on or before December 31, 2020, subject to customary closing conditions.

Contakt World’s unique platform acts as a “sole source” provider of digital contact tracing and ethical health surveillance for government

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Real estate brokerage Compass to acquire Seattle-based home closing startup Modus

Modus CEO Alexander Day; co-founder Jai Sim; and Abbas Guvenilir. (Modus Photo)

New York-based real estate brokerage and tech company Compass will acquire Modus, a Seattle startup that automates the title and escrow phase of closing on a home.

Compass plans to integrate Modus’ software into its tech-fueled platform used by more than 18,000 real estate agents across 165-plus U.S. cities. The Modus brand will continue to exist and its 60-plus employee team will join Compass, which employs more than 2,000 people.

Founded in 2018, Modus digitizes the home closing process. Last year it raised a $12.5 million round co-led by NFX and Felicis Ventures. Other backers include Liquid 2 Ventures; Mucker Capital; Hustle Fund; 500 Startups; Rambleside; and Cascadia Ventures. The company has raised $14 million to date.

“Compass’s customer-first approach is right in line with the way we think about our business – since day one we have

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Nintex to acquire K2 Software, bolstering process automation offering

Nintex CEO Eric Johnson. (Nintex Photo)

Bellevue, Wash.-based workflow automation company Nintex will acquire fellow Seattle-area company K2 Software.

Both companies sell process automation software. Founded in 2000, K2 counts 30% of the Fortune 100 as customers and has 1.5 million users across 84 countries. The company raised more than $100 million in 2015 from private equity powerhouse Francisco Partners.

Nintex said it will have more than 10,000 customers and generate more than $200 million in revenue after the deal is closed. Investment firm Thoma Bravo purchased a majority stake in Nintex two years ago. It’s the third acquisition for Nintex since the Thoma Bravo deal. Nintex has 500 employees globally, and more than 100 in the Seattle region.

“We are excited to be bringing together leading innovators in the digital process automation software market,” Nintex CEO Eric Johnson said in a statement. “Upon closing, Nintex and K2 customers and

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VMware to acquire automation software provider SaltStack

VMware said Tuesday that it plans to acquire SaltStack, makers of event-driven automation software, to bolster its cloud portfolio. Financial terms of the deal were not immediately disclosed. 

VMware announced the acquisition alongside a bevy of platform and product updates timed to the company’s virtual VMworld event this week.

SaltStack is the company behind the hugely popular Salt open-source software, which is used by IT admins to handle a range of remote execution tasks. By acquiring SaltStack, VMware said it will be able to extend its automation capabilities beyond infrastructure to the software and packages inside virtual machines and containers. 

The company also intends to use SaltStack to enhance its vRealize cloud management software suite with end-to-end automation and integrated configuration management.

“These software configuration management capabilities will help us address the full spectrum of customers’ automation needs and further strengthen customers’ ability to automate the deployment and configuration of

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EnPro Industries to Acquire Alluxa, Inc.

  • Strengthens and expands EnPro’s materials science exposure in specialty optical filters and thin-film coatings technology, bolstering EnPro’s existing thin-film product offering with a focus on serving the most challenging applications in high-growth markets, primarily industrial technology, life sciences, and semiconductor

  • Adds proprietary technology platform, processes, and capabilities with a highly differentiated product suite and service offering, including proprietary advanced SIRRUS™ automated plasma deposition software

  • Aligns with EnPro’s growth strategy and acquisition criteria with attractive growth opportunities, comprehensive technical capabilities, compelling financial performance, and a proven and experienced management team

EnPro Industries, Inc. (NYSE: NPO), a leading technology company which uses materials science to push the boundaries of the semiconductor, life sciences, and other technology industries, today announced that it has entered into an agreement to acquire Alluxa, Inc., a privately held, California-based company. Alluxa is an industrial technology company that provides specialized optical filters and thin-film coatings for the most

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CrowdStrike to acquire Preempt Security for $96 million

CrowdStrike on Wednesday announced that it will acquire Preempt Security, providers of zero trust and conditional access technology, for approximately $96 million. 

CrowdStrike, which offers endpoint and cloud protection solutions, said it plans to use the deal to bolster its Falcon platform with conditional access technology. The Falcon platform includes threat detection, incident response, and enterprise architecture visibility tools, and is CrowdStrike’s flagship offering. 

CrowdStrike said the acquisition will also the company to offer enhanced zero trust security capabilities to customers. 

“With the addition of Preempt Security’s capabilities, the CrowdStrike Falcon platform will provide enhanced protection against identity-based attacks and insider threats,” said CrowdStrike CEO George Kurtz. “Combining Preempt’s technology with the CrowdStrike Falcon platform will help customers achieve end-to-end visibility and enforcement through identity, behavior and risk-based decisions to stop attacks in real time.”

As a somewhat newer player in the cybersecurity space, CrowdStrike went public in 2019 and

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Color Star Technology Enters into MOU to Acquire South Korean Artist Agency and Live Entertainment Company

NEW YORK, Sept. 23, 2020 /PRNewswire/ — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the “Company”, “we” or “HHT”), a company engaged in the businesses of providing online and offline knowledge-paid services for music and entertainment industries globally, today announced that it, through its wholly owned subsidiary, Color China Entertainment Co., Ltd., entered into a memorandum of understanding (the “MOU”) on September 21, 2020 with FENT Co. Ltd. (“FENT”), a South Korean K-pop entertainment and artist agency service company, to acquire 100 percent equity interest in FENT (the “Proposed Transaction”).

FENT, also known as Fascino Entertainment, is a South Korean-based live entertainment company that engages in: i) talent development and management in the music, film and fashion industries; ii) live concerts and events; iii) music and video production, distribution, and licensing; iv) public relations, media outreach and brand management. FENT also sells cosmetics (e.g., lipsticks) and fashion products

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Compass Diversified to Acquire Performance Fit Innovator BOA Technology

The MarketWatch News Department was not involved in the creation of this content.

WESTPORT, Conn. and DENVER, Sep 22, 2020 (GLOBE NEWSWIRE via COMTEX) —
Further Expands CODI’s Best-In-Class Portfolio of Niche Market Leading Brands

CODI’s Resources and Deep Consumer Sector Expertise to Support Industry Pioneer’s Continued Product Innovation and Global Growth

Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today announced that it has entered into a definitive agreement to acquire BOA Technology Inc. (“BOA”), creators of the award-winning BOA(R) Fit System, delivering superior fit and performance in the Outdoor, Athletic, Workwear and Medical Bracing markets worldwide, for a purchase price of $454 million (excluding working capital and certain other adjustments upon closing).

BOA was founded in 2001 with a revolutionary performance fit system that transformed how snowboarders “dialed in” their boots and offered a superior alternative to the traditional lace system.

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HCL Technologies Announces Intent to Acquire Leading Australian IT Solutions Company, DWS Limited

Strengthens leadership position as strategic innovation partner of choice in Australia and New Zealand market

HCL Technologies, (HCL), a leading global technology company, today announced its intent to acquire DWS Limited (ASX: DWS), a leading Australian IT, business and management consulting group. As the IT industry continues to evolve and the growing demand for digital strategies increases, DWS, with over 700 employees and offices in Melbourne, Sydney, Adelaide, Brisbane, and Canberra, delivers business and technology innovation to large clients across a spectrum of verticals.

The DWS Group, with FY20 revenue at A$ 167.9 million, provides a wide range of IT services including Digital Transformation, Application development & support, Program & Project Management and Consulting. The acquisition of DWS will strongly enhance HCL’s contribution to Digital initiatives in Australia and New Zealand while strengthening HCL’s client portfolio across key industries.

“We are excited for this expansion of HCL Technologies in Australia

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