Zuora, Inc. has agreed to be acquired by Silver Lake and GIC for $1.7 billion, offering shareholders $10.00 per share in cash.

Information on the Target

Zuora, Inc. (NYSE: ZUO), headquartered in Redwood City, California, is a premier provider of a monetization suite tailored for modern subscription-based businesses. The company has positioned itself as a leader in the Subscription Economy, offering innovative technological solutions that facilitate the monetization of products and services. Ensuring that its clients can adapt to complex revenue models, Zuora serves over 1,000 customers worldwide, enabling them to unlock and enhance customer-centric business strategies.

In light of evolving market demands, Zuora has emphasized the importance of agile monetization tools in driving business success. With a focus on enhancing its software capabilities, Zuora aims to sustain its competitive edge and continue its growth trajectory, especially as shifting business models increasingly favor subscription frameworks.

Industry Overview in the United States

The United States subscription-based economy has witnessed substantial growth in recent years as businesses across various sectors embrace recurring revenue models. This shift has not only transformed how companies generate revenue but has also imp