Tech▌
Pacific Yield closes $340M Tessera Cloud deal Friday; CTO has 90 days to consolidate two stacks.
Pacific Yield (SF) closed its acquisition of Tessera Cloud Friday at 6 PM ET. Combined org is 480 engineers. Mark Devine (CTO, formerly Tessera) takes the consolidated role Monday. No incumbent vendor for the combined entity.
Mark, congrats on the Tessera close Friday. Montgomery Group is a sales-advisory practice working with 80+ B2B firms across the West Coast.
Worth 30 minutes before you lock the vendor list? No pitch on the call.