Top Boston Tech Hires and M&A in May | Asimov Raises $4.7M

KG: Hi folks, today Dylan’s out on vacation, so Lucy and I will be hosting this edition of the Beat. If you like it, forward it.

KG: As we do at the end of every month, we publish a recap of the Boston tech startups that were acquired or shut down.

Lucy: May 2017 will be remembered as the month of major cybersecurity deals, with Microsoft reportedly buying Hexadite for $100M and CyberArk confirming it has acquired Conjur for $42M. One of the other big May deals was the private equity acquisition of SmartBear Software, which was reportedly sold for $410M. In the edtech arena, Quickhelp has been acquired by San Francisco startup Yup for an undisclosed amount.

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