Francisco Partners is nearing a deal to buy Sumo Logic, an analytics software company, for $1.7 billion, The Wall Street Journal reported Wednesday. The takeover would value Sumo Logic by about $12 to $13 per share, the report said. The Information earlier reported that private equity firms including Francisco Partners had approached Sumo Logic about a possible buyout. Sumo Logic has...
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Twitter Used to Make Us Smarter
A handful of months into Twitter’s new management and it’s clear an era has ended. For the site’s power users, which include academics, journalists and lawmakers, the sudden changes in the social network’s policies, practices and culture have destroyed years of careful network building. What that will cost us in the future in terms of relationships never forged and...
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