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Intermix, the 30-unit multi-brand specialty store, appears to be on the verge of being sold. According to sources, Regent, L.P., the Beverly Hills, California, private equity firm, has signed a deal to acquire Intermix from Altamont Capital Partners, the Palo Alto-based private equity firm. Regent’s investments include Club Monaco, Escada, DiamondBack, La Senza, Sassoon, Lillian Vernon, Plainville Farms, and Sunset Magazine, among other brands.
Splunk Inc SPLK reported third-quarter revenue growth of 40% year-on-year to $930 million, beating the consensus of $847 million. Cloud revenue grew 54% to $374 million Y/Y. Customers with a total ARR greater than $1 million grew 19% to 754 Y/Y. The non-GAAP gross margin expanded by 540 bps to...