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Robert F. Smith has launched what is billed as the world's first enterprise AI inference cloud, backed by a $3.5 billion compute commitment to SambaNova.
A former stockholder is suing Robert F. Smith's Vista Equity in Delaware, claiming it sold Integral Ad Science to escape a $270 million insider trading liability.
Delaware's Chancery Court dismissed a stockholder challenge to Robert F. Smith's Vista Equity over its $4.6 billion take-private of cybersecurity firm KnowBe4.
One large investor triggered the redemption cap at Robert F. Smith's Vista Credit fund, cutting other investors' quarterly payouts to about 50 percent.
Robert F. Smith has opened Vista Equity Partners' first Middle East office in Abu Dhabi, positioning his $107 billion software firm to tap Gulf sovereign wealth capital.
Billionaire Robert F. Smith controls a tech empire through Vista Equity Partners. Here are seven major companies currently under his vast influence.
Robert F. Smith built Vista Equity Partners into a $107 billion software powerhouse. He is the wealthiest Black person in the United States.
Vista Equity Partners closed its $800 million purchase of Omnitracs and moved the same day to acquire fleet software maker Roadnet Technologies.
Robert F. Smith's Vista Equity Partners is deepening its bet on aviation software company Portside and installing a new chief executive to lead its expansion.
Vista and Intel are co-leading a $350 million plus round for SambaNova, resetting the company after an Intel takeover did not happen.
Vista Equity has started exploring a possible $1 billion plus sale of AlertMedia, a Texas crisis messaging firm with big brand customers.
Robert F. Smith sees private software companies driving the next wave of AI growth, with Vista Equity at the forefront.
Jaggaer, backed by Robert F. Smith’s Vista, will expand in Hyderabad with plans to grow its workforce to 500 employees.
Robert F. Smith’s Vista Equity pursues $200 million savings by swapping costly private debt for syndicated loans.
The sale comes a year after Blackstone took Cvent private in a $4.6 billion acquisition, finalizing its full ownership of the event software company.
The technology-focused firm raised $2.7 billion in fresh capital, alongside $2.2 billion from existing flagship funds.