Zendesk agreed to be acquired by a group of private equity firms led by Permira and Hellman & Friedman for $9.2 billion in cash, or $77.50 a share. The sale follows pressure from activist investor Jana Partners against Zendesk’s board over the past few months. But whether Jana will be happy with the sale deal is unclear. The offer price is at a big premium to the $57.95 closing price of...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Briefing markets startups
Sequoia, Andreessen and Bessemer’s Beating and Snap’s Selfie Drone
Is anybody else pumped for some appointment streaming this weekend? The first episode of HBO’s “House of Dragon,” the hotly anticipated prequel series to “Game of Thrones,” premieres Sunday night. Then, 12 days later, Amazon will debut its own fantasy series, “The Lord of the Rings: The Rings of Power,” on Sept. 2. It’s fair to say HBO and its debt-laden parent company, Warner Bros....
Apple Warns Mac, iPhone, iPad Users of Critical Security Flaws
Snap Halts Development on Its Selfie Drone Pixy
China Lashes Out Against New U.S. Chips Act
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Bought and Sold media/telecom
Meet Axios’ New Owners: Old-Money Atlanta Billionaires Hungry for the Next Big Thing
Exclusive startups enterprise
How a Former Sequoia Capital Partner Cornered the Israeli Security Startup Market