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Acquisitions, more than IPOs, will create Africa’s early startup successes

April 20, 2019 admin 0

Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week. The stock offering made Jumia the first upstart operating in Africa to list on a major global exchange. This raises expectations for unicorns and IPOs to create the continent’s first wave of startup moguls. […]

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CloudBees acquires Electric Cloud to build out its software delivery management platform

April 18, 2019 admin 0

CloudBees, the enterprise continuous integration and delivery service (and the biggest contributor to the Jenkins open-source automation server), today announced that it has acquired Electric Cloud, a continuous delivery and automation platform that first launched all the way back in 2002. The two companies did not disclose the price of the acquisition, but CloudBees has […]