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The spending spree is a show of force as the company looks to maintain its grip on cloud services, where it holds about twice the share of No. 2 player Microsoft.
While executives credit Schwartz for earning the founders’ trust, some worry he may be building consensus at the expense of making more dramatic changes at a PE firm that has fallen behind.
In today’s complex, highly competitive dealmaking environment, it’s critical to deploy state-of-the-art technology for M&A and other high-value strategic pursuits.