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H.I.G. Capital Completes Purchase of Vision Integrated Graphics

Also changing hands: Vision Integrated Graphics, which avoids the word “printer” on its Web site but produces direct mail and other real-word marketing materials for what it describes as “tech-enabled marketing solutions”. They were just acquired by private equity firm H.I.G. Capital. So some smart money thinks print has a future, too.

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Catalina Bankruptcy Erases $1.6 Billion in Debt

December 13, 2018

So far this week, you haven’t been interested in funding or acquisitions, Dear Reader. Let’s try a nice bankruptcy: Catalina, best known for supermarket cash register coupons, filed for Chapter 11 yesterday to erase $1.6 billion of its $1.9 billion debt. The pre-packaged restructuring will let the company focus on digital media and selling its vast trove of consumer data. Catalina is owned by private equity firms Berkshire Partners LLC and Hellman & Friedman LLC.

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Forge.AI Announces $11 Million Series A to Conquer Unstructured Data

December 11, 2018

Finally, we have the headline “Forge.AI Raises $11M to Decode the World’s Unstructured Data” which delightfully suggests a tiny investment could achieve a huge task. Forge.AI uses natural language processing to extract structured information fro data such as news reports, social posts, and financial filings. Not exactly a new idea – which makes their claim even more charming.

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IT Teams Build Sloppy Automations: TeamDynamix Survey

August 17, 2022

IT teams spend lots of time on repetitive requests from business users, finds this TeamDynamix survey.  You might think the implication is IT should let users do more for themselves.  But the main time-wasters are things like password resets, employee on-boarding, and managing credentials, which can’t really be delegated.  And here’s the kicker: IT professionals automate those tasks by building sloppy, insecure, undocumented scripts, just like the non-professionals.   Fun fact: 53% of teams manage 100 or more applications.

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