Last week was a busy week for companies in the tech, media, and telecom (TMT) sector. PayPal made two acquisitions, HyperWallet and Simility, for a total of $520 million. Twitter improved its scam protection with its purchase of Smyte. Kepyr and Intelity merged to integrate their guest services platforms. Cisco is making improvements to its location intelligence services business in its buyout of July Systems. Finally, a Nebraska telecom firm, Great Plains Communications, was bought out by Grain Management, a Florida private equity firm.
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