Leading Microsoft Corporation (NASDAQ: MSFT) Cloud partner AvePoint is set to go public with a SPAC deal announced Monday. Don't have a Benzinga account? Koenig helped on 42 technology IPOs in 1999 that raised $9.6 billion. -Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com. Transaction includes a fully committed PIPE of $140 mm anchored by … The largest Microsoft 365 data management solutions provider is AvePoint. You can combine pdf for free. The customer base includes around 25% of the Fortune 500 companies. Enter the email you want to merge the Skype account with, and click Next. The SPAC Deal: AvePoint will go … Only then will you stop seeing "Demo Play". Microsoft Partner: Microsoft’s cloud revenue continues to grow, with a 28% market share in the cloud market, according to IDC. He was also part of the team that brought Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) to market in a $1.7 billion IPO. The SPAC Deal: AvePoint will go public via Apex Technology Acquisition Corporation (NASDAQ: APXT). It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. Under the terms of the merger agreement, APXT will acquire AvePoint through a reverse merger that will result in AvePoint becoming a publicly traded company. AvePoint Inc., a data management provider and Microsoft Corp. (MSFT) cloud partner, is going public through a merger with blank-check company Apex Technology Acquisition Corp. (APXT), in … AvePoint, Inc. ("AvePoint" or the "Company"), the largest data management solutions provider for the Microsoft cloud, announced today that it has entered into a … The volatility ratio for the week stands at 1.01% while the volatility levels for the past 30 days are set at 1.03% for Apex Technology Acquisition Corporation. See screenshots, read the latest customer reviews, and compare ratings for Merge PDF And Combine PDF Files & Pages Free : PDF Editor ,Reader. APXT Stock: Why Apex Shares Are Climbing Ahead of the AvePoint SPAC Merger Jan. 12, 2021 at 9:58 a.m. Microsoft Cloud Partner Play: APXT and AvePoint Merger. © Copyright 2021 Morningstar, Inc. All rights reserved. 2021-01-05 08:10:04 2 months ago Terms of Service apply. Leading Microsoft Corporation Cloud partner AvePoint is set to go public with a SPAC deal announced Monday. AvePoint, the Largest Microsoft 365 Data Management Solutions Provider, Announces $2bn Merger Transaction includes a fully committed PIPE of $140 mm … The five companies in the group are Atlassian Corporation (NASDAQ: TEAM), RingCentral (NYSE: RNG), ServiceNow (NYSE: NOW), ZoomInfo Technologies (NASDAQ: ZI) and Zoom Video Communications (NASDAQ: ZM). © 2021 Benzinga.com. With this app, you can merge two or more documents in one click. AvePoint is expected to trade under the symbol AVPT when the deal is closed in the first quarter of 2021. WITH Specifies the temporary named result set or view, also known as common table expression, that's defined within the scope of the MERGE statement. If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com. The company is forecasting revenue to hit $193 million and $257 million for fiscal 2021 and fiscal 2022, respectively. The impact of COVID-19 and the growth of Microsoft's cloud solutions, including Microsoft 365 and Microsoft Teams, have accelerated demand for our products," Jiang said. The SPAC raised about $305 million in a 2019 IPO. All rights reserved. Posted-In: AvePoint Microsoft 365 Microsoft cloudM&A News Small Cap Tech Trading Ideas Best of Benzinga, Thank you for subscribing! For more information, see WITH common_table_expression (Transact-SQL). "Going public now gives us the ability to meet this demand and scale up faster across product innovation, channel marketing, international markets, and customer success initiatives." Epstein helped Oracle complete over 20 acquisitions including the $8.5 billion purchase of BEA Systems and the $7.4 billion acquisition of Sun Microsystems. Once you see the message, please click Next. The deal values the company at $2 billion. You will see a message saying that "Your Skype account is now a Microsoft account". AvePoint is increasing its recurring revenue, providing predictable forecasting for its financial estimates. APXT stocks went down by -0.88% for the week, with a monthly drop of -2.12% and a quarterly performance of 1.00%. APXT & Avepoint merger date is announced, the exact date is not announced yet but the month is. Apex Technology shareholders will own 17.6% of the new company. A daily collection of all things fintech, interesting developments and market updates. AvePoint, the Largest Microsoft 365 Data Management Solutions Provider, Announces $2bn Merger. The company will be led by AvePoint co-Founder and Chief Executive Dr. Tianyi Jiang. This is a handy way to get your pdf merge … Under the terms of the merger agreement, APXT will acquire AvePoint through a reverse merger that will result in AvePoint becoming a public company traded … Microsoft’s data partner AvePoint is gearing up to go public through a reverse merger with Apex Technology Acquisition Corp. (APXT). Since you have two accounts, you have to log out of mojang in the top left and then switch to microsoft or vice versa. APXT … TOP ( expression ) [ PERCENT ] Specifies the number or percentage of affected rows. The rows r… Privacy Policy and Related Link: Microsoft Analysts: Q1 Shows Payoff From Cloud Shift, Azure Narrowing The Gap With AWS. About Apex Technology: Apex Technology is led by former Oracle Corporation (NYSE: ORCL) CFO Jeff Epstein and Brad Koenig, the former Head of Technology Investment Banking at Goldman Sachs (NYSE: GS). The company has over 7 million cloud users from Microsoft. The company is the largest Microsoft 365 data management solutions provider. About AvePoint: AvePoint sells directly to large and mid-market enterprises. Benzinga does not provide investment advice. AvePoint — an independent software vendor of SaaS solutions for migrating, managing, and protecting data in Microsoft 365 — announced it is going public through a merger with a special purpose acquisition company (SPAC) called Apex Technology Acquisition Corp. This site is protected by reCAPTCHA and the Google The result set derives from a simple query and is referenced by the MERGE statement. AvePoint Inc, a cloud data management company backed by investment firm Sixth Street, will go public via a merger with blank-check company Apex Technology Acquisition Corp, in … When we were looking for a company to merge with, we had five criteria. Of 212 public software companies, AvePoint joins a select group that has revenue of $150 million in 2020, year-over-year revenue growth of 25% or more and EBIT margins of 10% or more. We have achieved eight quarters of impressive growth,” said AvePoint CEO Dr. Jiang. The Microsoft partner will go public through a merger with SPAC Apex Technology Acquisition Corporation (NASDAQ:APXT) for a combined entity with a … Apex's stock rallied 2.7% in morning trading on volume of 4.7 million shares, which compares with the full-day average of about 119,000 shares. The SPAC Deal: AvePoint will go public via Apex Technology Acquisition Corporation (NASDAQ: APXT). Microsoft Relationship: AvePoint has a long relationship with Microsoft Corporation (NASDAQ: MSFT) and acts as the bridge between Microsoft and smaller companies, AvePoint's CEO said. Microsoft holds 13% share in the IaaS market, 11% in SaaS and 28% of productivity and collaboration. Terms and Conditions Privacy Center Disclosures Member User Agreement Corrections Cookies Accessibility. Microsoft CEO, Satya Nadella, added, “Our strategic alliance will combine Novartis’ life sciences expertise with the power of Azure and Microsoft AI. The company is going public at a time that the Renaissance IPO ETF (IPO) has hiked up 28.0% over the past three months while the S&P 500 has gained 5.6%. AvePoint will be the name of the combined company, and the stock will remain listed on the Nasdaq exchange, under a new ticker symbol "AVPT." Jeff Epstein discusses Avepoint's (AVPT) merger with a SPAC Apex Technology Acquisition Corporation (APXT). AvePoint’s 7 million customers represent a 3% share of Microsoft’s 250 million 365 users. Everything you need to know about the market - quick & easy. In the last 12 months, Microsoft Cloud revenue was $48.4 billion. Download this app from Microsoft Store for Windows 10, Windows 10 Mobile, Windows 10 Team (Surface Hub), HoloLens. AvePoint Inc., a data management provider and Microsoft Corp. (MSFT) cloud partner, is going public through a merger with blank-check company Apex Technology Acquisition Corp. (APXT), in deal valuing the equity value of the combined company at $2 billion. Price Action: Apex Technology shares are up 3% to $10.45. “We bridge the gap between what Microsoft Cloud offers and what the enterprise requires,” AvePoint said in the release. Each of the five companies in the select group are up more than 80% in 2020, with ZoomInfo seeing a strong 2020 IPO and Zoom Video up more than 500% on the year. Growth Ahead: AvePoint believes it has an addressable market size of $33 billion by 2022. AvePoint Inc., a data management provider and Microsoft Corp. MSFT, -0.23% cloud partner, is going public through a merger with blank-check company Apex Technology Acquisition Corp. APXT… Login using your Skype Name on the Microsoft website. Financials: AvePoint is estimating revenue to grow 26% year-over-year to $148 million for fiscal 2020. Today we announced AvePoint will go public via a $2.0 billion USD initial public merger with Apex Technology Acquisition Corporation (NASDAQ: APXT), a special-purpose acquisition company (SPAC). AvePoint co-founder and CEO Dr. Tiaryi Jiang and co-founder Kai Gong will remain with the company. The deal values the company at $2 billion. Guys, I do see APXT setting up soon for entry poin Apex Technology APXT Stock, Merger With AvePoint, Entry Point Setting Up Soon For Call Options Play! AvePoint, the Largest Microsoft 365 Data Management Solutions Provider, Announces $2bn Merger. This deal values the combined company at $2 billion. AvePoint, Inc. (“AvePoint” or the “Company”), the largest data management solutions provider for the Microsoft cloud, announced today that it has entered into a definitive business combination agreement with Apex Technology Acquisition Corporation (NASDAQ: APXT), a publicly traded special purpose acquisition company (“Apex”). Free PDF File Merging - Merge PDF Files for free. Everything you need to know about the latest SPAC news. I am honored to continue leading this wonderful team of passionate and agile forward-thinkers. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Microsoft Analysts: Q1 Shows Payoff From Cloud Shift, Azure Narrowing The Gap With AWS, Tech War With News Publishers Reaches US: Bloomberg, Datto Acquires Israel's Cyber Threat Detection Company BitDam For Undisclosed Sum, Oracle Earnings Later Today Could Give A Status Check On Business Software, Cloud Demand, GameStop To Exclusively Sell Monster Hunter Stories 2 Amiibo In US, GameStop Put On PS5, Xbox Series X For Sale But The Stock Didn't Last Long, IGEL And Wipro Collaborate To Fast-track Cloud Workspaces Delivery Within Hybrid Work Environments, Privacy Policy / Do Not Sell My Personal Data. DD. ET on InvestorPlace.com 5 SPAC Stock Mergers Recently Announced and … Reply Leading Microsoft Corporation (NASDAQ: MSFT) Cloud partner AvePoint is set to go public with a SPAC deal announced Monday. “The impact of Covid-19 and the growth of Microsoft’s cloud solutions, including Microsoft 365 and Microsoft Teams, have accelerated demands for our products. Jeff Epstein Talks Avepoint's Merger With APXT. Apex Technology Acquisition Corporation does not have significant operations. In late November of 2020, a press release announced the upcoming merger of Apex Technology Acquisition Corp. (Nasdaq:APXT) with AvePoint, which is a Microsoft data solutions provider. Follow the steps. Create one. Transcript of APXT merging with AvePoint “AvePoint is the leading cloud software company for data governance and management in the Microsoft Cloud ecosystem. The deal will provide $252 million to the combined company’s coffers. This is good news for AvePoint and for our customers. AvePoint says it is the largest data management solutions provider for the Microsoft (NASDAQ: MSFT) cloud. Real-time trade and investing ideas on Apex Technology Acquisition Corp - Ordinary Shares - Class A APXT from the largest community of traders and investors. AvePoint believes it can get to 10% share and Microsoft will hit 500 million users in the future, good for 50 million AvePoint future customers. By creating an account, you agree to theTerms of Service and acknowledge our Privacy Policy. PDF Merge is a very powerful tool that allows you to combine your pdf files together fast and easy. The company has rolled out software to help with SharePoint migration, automated Microsoft Teams management, and with the ability to migrate Microsoft Teams/Slack chats into a … Get pre-market outlook, mid-day update and after-market roundup emails in your inbox. expression can be either a number or a percentage of the rows.
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