IT Brief India - Technology news for CIOs & IT decision-makers

Mergers and Acquisitions (M&A) stories - Page 13

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Armis acquires Silk Security for a total of $150M

Thu, 18th Apr 2024
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breach prevention
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cybersecurity
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data breach
Armis, an asset intelligence cybersecurity firm, acquires Silk Security for $150M, aiming to create a comprehensive cyber threat management platform and bridge the gap between threat identification and resolution.
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INSHUR announces Clayton Carol as its first CFO

Thu, 11th Apr 2024
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fintech
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cfo
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leadership
After a year of significant growth, global embedded insurance provider INSHUR has appointed Clayton Carol, former VP of Finance at Better, as its first CFO.
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DataStax acquires AI startup Logspace to boost Gen AI development

Fri, 5th Apr 2024
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martech
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ai
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software development
In a bid to simplify Gen AI development, DataStax is set to acquire AI startup, Logspace, developer of the open-source framework, Langflow.
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Data centre containment solutions market to hit $3.17bn

Wed, 3rd Apr 2024
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datacentre infrastructure
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data analytics
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hyperscale
Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.
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Exclusive Networks acquires NEXTGEN Group to bolster APAC presence

Fri, 29th Mar 2024
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data analytics
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ai
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cybersecurity
Cybersecurity giant, Exclusive Networks, unveils plans to fully acquire channel services firm, NEXTGEN Group, boosting its market presence across the Asia-Pacific region.
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Flare acquires Foretrace marking TEM arena's notable M&A

Fri, 29th Mar 2024
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advanced persistent threat protection
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genai
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ai
In a move marking the first M&A in the Threat Exposure Management (TEM) space, global leader Flare acquires US firm Foretrace, boosting their capabilities against cyber threats.
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ServiceNow acquires 4Industry & EY's app to boost smart industrial workflow

Wed, 20th Mar 2024
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digital transformation
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digitisation
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servicenow
ServiceNow acquires 4Industry and EY's Smart Daily Management application to boost its operational technology capabilities, promoting efficiency and heightening experiences for connected workers.
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Digital remittance market to exceed USD $64bn by 2032 says report

Fri, 15th Mar 2024
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m&a
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market growth
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moneygram
The global digital remittance market is set to exceed USD $64 billion by 2032, driven by an escalated demand for cross-border remittances through digital platforms, according to Fact.MR.
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Cloudflare launches Magic Cloud Networking following new acquisition

Wed, 13th Mar 2024
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casb
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sase
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zero trust security
Cloudflare's new product, Magic Cloud Networking, provides unified network management by leveraging Nefeli's technology.
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CFO role evolving with ambitions for CEO positions, reveals survey

Mon, 11th Mar 2024
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cfo
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m&a
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dei
The role of chief financial officers (CFOs) is radically evolving, heavily driven by complexities in ESG matters and corporate strategy. 82% of CFOs report significant role growth.
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Deel acquires Zavvy to enhance payroll, HR services

Fri, 8th Mar 2024
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hcm
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ai
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payroll systems
Deel acquires people enablement platform Zavvy, bringing AI-driven performance management and learning and development functionalities.
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FranConnect bolsters position with RizePoint acquisition

Thu, 29th Feb 2024
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risk & compliance
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m&a
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integration
FranConnect enhances its position as a market leader by acquiring RizePoint, an international QMS provider, marking its third take-over in four years in its ongoing expansion strategy.
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Nemetschek Group's ALLPLAN, FRILO, & SCIA brands merge in AEC sector overhaul

Thu, 22nd Feb 2024
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clean technologies
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productivity
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sustainability
Nemetschek Group reveals merger of its AEC brands, ALLPLAN, FRILO, and SCIA, to heighten data-driven design-to-build workflows under the ALLPLAN umbrella and boost productivity in the construction sector.
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Motorola acquires London surveillance firm Silent Sentinel

Mon, 19th Feb 2024
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motorola solutions
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m&a
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aviation
Motorola Solutions acquires UK-based Silent Sentinel, a leading provider of advanced video surveillance solutions, in a strategic move that enhances its video security portfolio.
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PaperCut earns prestigious ISO 27001 Certification for security

Thu, 15th Feb 2024
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certification
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m&a
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papercut
Global print management provider PaperCut secures the prestigious ISO 27001 Certification, marking a significant milestone in their Information Security Management System.
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Cohesity & Veritas combine to form new AI data security titan

Fri, 9th Feb 2024
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advanced persistent threat protection
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genai
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ai
Cohesity and Veritas Data Protection Business are set to merge, ushering in a new leader in AI-powered data security and management, under CEO Sanjay Poonen, with revenues estimated at $1.6 billion.
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Aparajitha set to acquire Allsec Technologies' labour law business

Thu, 8th Feb 2024
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risk & compliance
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law
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labour
Aparajitha Corporate Services is set to bolster its market leadership in compliance solutions with the acquisition of Allsec Technologies' 'labour law' compliance arm, valued at Rs 27 crore.
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Fusemachines to be listed on Nasdaq, valued at $200M

Fri, 26th Jan 2024
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ai
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digital journey
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m&a
Fusemachines is set to be listed on Nasdaq following a deal with CSLM Acquisition Corp. This marks the first listing of a Nepalese company on Nasdaq.
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Encompass acquires CoorpID & Blacksmith KYC for digital identity goal

Wed, 17th Jan 2024
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risk & compliance
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m&a
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encompass
Encompass Corporation acquires CoorpID and Blacksmith KYC from ING, in a strategic move to establish a revolutionary Corporate Digital Identity platform.
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Global M&A hits low in Q4 2023 amid economic challenges

Wed, 10th Jan 2024
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inflation
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m&a
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wtw
M&A activity in Q4-2023 witnessed a record low due to factors like inflation and geopolitical instability, making deal numbers slide 27% globally.