🔥 Hot Takes Tuesday for 2025-05-27
Tech stocks shifted post-Memorial Day, highlighted by two long-awaited acquisitions.
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Two hot takes on the market.
Tuesday arrived with tech stock movement after Monday markets being closed for observance of Memorial Day.
Tuesday also arrived with two acquisitions that were long overdue: Red Canary and Informatica
Techmeme: Zscaler agrees to acquire Red Canary, a provider of managed detection and response services, for an undisclosed sum; the deal is expected to close in August (Greg Otto/CyberScoop)
By Greg Otto / CyberScoop. View the full context on Techmeme.
Techmeme: Salesforce agrees to acquire cloud data management company Informatica for ~$8B, set to close in its FY 2027, one year after an earlier deal fell through (Bloomberg)
From Bloomberg. View the full context on Techmeme.
Note: Some images via Unsplash
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