Amazon is asking corporate employees to test their VPNs on March 5 to ensure its systems can handle people working from home on a wide scale, according to an email viewed by The Information. Meanwhile, Amazon has told employees it may let people work from home through the end of March, depending on their team. Amazon’s communication is the latest sign of big companies preparing for the...
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Private Equity Firms’ Secret Weapon for Big Software Buyouts
When Thoma Bravo was drawing up the financing of its $8 billion acquisition of Coupa Software last year, the private equity giant didn’t turn to a bank, and it didn’t get a traditional loan. Instead, it tapped a group of non-bank lenders including Sixth Street for a relatively obscure type of financing—one that has been making its way into more and more multibillion dollar...
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