Zendesk confirms cut-price $10.2B buyout

Customer service software company Zendesk has announced it will be acquired for $10.2 billion by a group of investors led by private equity firm Hellman & Friedman and investment company Permira, as well as a wholly-owned subsidiary of the Abu Dhabi Investment Authority and GIC, a sovereign wealth fund from Singapore.The acquisition caps a tumultuous year for the Californian company and comes just two weeks after announcing that it would remain a “public, independent company”.In