With 2015 being a tough year for initial public offerings, Fitbit (FIT) and Atlassian (TEAM) were lauded by research firm PitchBook in a listing of winners and losers. Square (SQ) and Box (BOX) had the misfortune of being listed among the biggest losers. PitchBook’s listing was based on the valuation of a company at the time of its IPO compared with its previous private valuation. Fitbit topped the list of winners. The maker of wearable fitness
Compuware, taken private in late 2014 in a $2.5 billion deal, has disclosed what it calls a “far-reaching partnership and integration” with enterprise software vendors Splunk (SPLK) and Atlassian (TEAM) to help traditional mainframe proprietors manage their data with modern tools. Compuware also said that it has purchased ISPW BenchMark Technologies. Terms were not disclosed. Detroit-based Compuware’s effort would help make traditional Cobol
Alphabet (GOOGL) entered 2016 with an investor mandate to prove that its formidable roster of far-flung startups have potent revenue potential and that the company’s core Google search business has what it takes to stay No. 1. Part of the answer to where Alphabet stands on both fronts will emerge when it reports fourth-quarter and full-year 2015 earnings this month. In its former life as Google, the company was known for its deep pockets,