Virtusa Acquires BRIGHT

Siemens AG Acquires Brightly Software from Clearlake Capital

August 4, 2022

Cloud & SaaS

Siemens AG, via its Smart Infrastructure division, agreed to acquire Brightly Software, a U.S.-based cloud-native enterprise asset management SaaS provider, from Clearlake Capital for $1.575 billion in upfront cash plus up to $300 million in earn-outs. The acquisition strengthens Siemens' digital building and infrastructure software capabilities and expands its SaaS footprint, while Brightly will benefit from Siemens' global scale.

Speqta AB Acquires BrightBid AB

July 3, 2023

Marketing & Advertising

Speqta AB (publ) has completed the acquisition of BrightBid AB, an AI-based search advertising SaaS provider. The transaction was paid via an issue in kind of 17,621,411 new Speqta shares (approximately 72% on a fully diluted basis); BrightBid brings ~SEK 48 million in trailing revenues, ~420 customers and offices in Stockholm, Oslo, Copenhagen and London.

Bright Data Acquires Market Beyond and Launches Bright Insights

September 12, 2022

Data & Analytics

Bright Data has acquired eCommerce insights provider Market Beyond and launched a new division, Bright Insights, to combine web data collection with digital shelf analytics and actionable intelligence. Market Beyond's team will join Bright Data to deliver retail and eCommerce analytics to enterprise customers, expanding Bright Data's product offerings and capabilities in eCommerce intelligence.

Cognizant Acquires Bright Wolf to Strengthen Industrial IoT Capabilities

October 22, 2020

IT Services

Cognizant has agreed to acquire Bright Wolf, a privately held Industrial Internet of Things (IIoT) systems-integration and technology services provider, to expand its smart products and Industry 4.0 expertise. The Bright Wolf team will form the core of a new IoT innovation lab in the Raleigh–Durham, North Carolina research triangle; financial terms were not disclosed.

Sole Source Capital Acquires Brite

January 12, 2026

Cybersecurity

Sole Source Capital LLC has acquired Brite, a cybersecurity and managed IT services provider headquartered in Victor, New York, marking Sole Source's first platform investment from SSC Partners Fund III. The deal positions Brite as a buy-and-build platform to pursue consolidation in the fragmented cybersecurity managed services market; financial terms were not disclosed and Brite's existing management team will remain in place.

Brightworks IT (Cloud Equity Group) Acquires Key Technology Solutions

December 5, 2022

IT Services

Cloud Equity Group-backed Brightworks IT has acquired Key Technology Solutions, a Michigan-based managed service provider (MSP). The deal is an add-on acquisition as part of Cloud Equity Group and Brightworks IT's roll-up strategy to consolidate managed IT services firms, expand geographic coverage, and strengthen technical capabilities.