Zendesk drama concludes with $10.2 billion private equity acquisition

Zendesk has had a difficult time over the last several months. It has been hounded by activist investors, Jana Partners. It turned down a $17 billion acquisition in February believing it was worth more. Its investors turned down a deal to buy Survey Monkey’s parent company, Momentive the same month.
Today, the drama concluded when Zendesk was acquired for $10.2 billion by a consortium of private equity firms, well below that original offer.
But the SaaS market has shifted dramatically over the last few months, and Zendesk has been caught in the middle of it in a maelstrom of investor dra

リンク元