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Vista & Blackstone To Acquire Smartsheet For $8.4 Billion

Vista Equity Partners, an American private equity firm founded in 2000 that specializes in investments in software, data, and technology-enabled businesses along with Blackstone has announced plans to acquire Smartsheet, a collaboration software maker for $8.4 billion USD. According to reports, this all-cash transaction values Smartsheet at $56.50 per share and will accelerate the vision…