Mergers and Acquisitions (M&A) Stories - Page 35

Global Stories

Mergers and Acquisitions (M&A) stories

IFS acquires EmpowerMX to enhance aviation maintenance AI

IFS acquires EmpowerMX, enhancing AI-driven aviation MRO solutions for major airlines. This merger promises bolstered capabilities, innovation, and industry leadership.

By Catherine Knowles • 3 min read • Tue, 16th Jul 2024

Storage

Snowflake reveals major platform advances at 2024 Summit

At the Snowflake Summit 2024, Snowflake unveiled key advancements to its AI Data Cloud platform, enhancing data flexibility, interoperability, and performance.

By Catherine Knowles • 3 min read • Thu, 20th Jun 2024

Data Analytics

Incubeta acquires Persuasion Technologies to enhance analytics

Incubeta has acquired Persuasion Technologies, a prominent Google Cloud Platform partner, to bolster its marketing analytics and cloud tech capabilities, enhancing campaign optimisation.

By Sean Mitchell • 3 min read • Tue, 18th Jun 2024

Power / Energy

IFS to acquire Copperleaf Technologies for asset management boost

IFS has signed an agreement to acquire Copperleaf Technologies, aiming to finalise by Q3 2024. The move enhances IFS's AI-driven asset management capabilities.

By Catherine Knowles • 3 min read • Fri, 14th Jun 2024

Software-as-a-Service

Ultra Commerce acquires Comestri to expand eCommerce solutions

Ultra Commerce has acquired Comestri, aiming to merge Comestri's SaaS eCommerce platform with Ultra Commerce's broad solutions suite, enhancing client services.

By Catherine Knowles • 2 min read • Tue, 11th Jun 2024

Hyperscale

Arch.law acquires Conexus Law to boost international reach

In a strategic expansion, arch.law acquires Conexus Law, a data centre sector specialist, including its 14-strong London team, strengthening its global footprint.

By Catherine Knowles • 3 min read • Tue, 11th Jun 2024

Robotic Process Automation

SAP to acquire WalkMe for USD $1.5 billion in all-cash deal

SAP is set to acquire WalkMe for USD $1.5 billion in an all-cash deal, enhancing its business transformation toolkit and boosting AI capabilities.

By Sean Mitchell • 3 min read • Fri, 7th Jun 2024

Data Analytics

Databricks to acquire Tabular to boost data interoperability

Databricks to acquire Tabular, aiming to bridge gaps in Delta Lake and Iceberg interoperability, enhancing its lakehouse architecture's open-source capabilities.

By Catherine Knowles • 3 min read • Thu, 6th Jun 2024

Digital Transformation

Boomi promotes Jessica Soisson to Chief Financial Officer

Boomi appoints Jessica Soisson as CFO, strengthening its leadership team with her extensive financial expertise to drive the company's next growth phase.

By Imee Dequito • 2 min read • Thu, 6th Jun 2024

Workplace

Omnia acquires LiveTiles to reshape digital workplace solutions

Swedish firm Omnia acquires LiveTiles, promising to revolutionise digital workplace solutions globally. CEO David Vander outlines bold expansion plans.

By Kaleah Salmon • 3 min read • Thu, 6th Jun 2024

Generative AI

Cloudera acquires Verta AI to enhance enterprise AI capabilities

Cloudera acquires Verta Operational AI Platform to enhance its AI capabilities and meet the rising global demand for advanced AI solutions.

By Catherine Knowles • 3 min read • Tue, 4th Jun 2024

DevOps

Harness acquires Split Software to enhance feature management

Harness, a provider of software delivery platforms, has acquired Split Software to enhance feature flag and experimentation capabilities, aiming for faster, reliable code deployment.

By Catherine Knowles • 3 min read • Thu, 30th May 2024

Stories from Other Regions

Mergers and Acquisitions (M&A) stories

ASX

Atturra projects 35% revenue jump, acquires Exent for AUD $6m

Atturra forecasts FY24 revenue to exceed AUD $240 million, up 35%, with EBITDA between AUD $25 million and AUD $26 million. Exent acquisition aims to boost consulting capabilities.

By Sean Mitchell • 4 min read • Mon, 15th Jul 2024

Artificial Intelligence

Salus Ventures 'delighted' with Archie Judd's appointment

Salus Ventures has appointed Archie Judd to bolster its investment team, enhancing Australia's national resilience through deep technology.

By Melania Watson • 3 min read • Thu, 11th Jul 2024

High Performance Computing

Northern Data acquires NVIDIA H200 GPUs in deal with Supermicro

Northern Data Group, in partnership with Supermicro, acquires NVIDIA H200 GPUs to boost its HPC and Generative AI capabilities. Deployment begins Q4 2024.

By Catherine Knowles • 3 min read • Thu, 4th Jul 2024

IT services

Excite expands cyber security with CBIT Digital Forensic acquisition

Excite Technology Services acquires CBIT Digital Forensic Services for AUD $14 million, enhancing its cyber security and digital forensics capabilities.

By Imee Dequito • 4 min read • Mon, 1st Jul 2024

Payment Technologies

KPMG Law partners with Shieldpay to centralise transactions in UK

KPMG Law partners with Shieldpay to streamline legal transactions across the UK, using TPMA technology to enhance security and efficiency for corporate and real estate clients.

By Kaleah Salmon • 3 min read • Tue, 25th Jun 2024

Cybersecurity

Everfox to acquire Garrison Technology, enhancing cybersecurity

Everfox agrees to acquire London's Garrison Technology, aiming to enhance its cybersecurity solutions with Garrison's hardware-enforced security capabilities.

By Sean Mitchell • 2 min read • Tue, 18th Jun 2024

Customer Experience

Cegid appoints Bruno Vaffier as new Chief Operating Officer

Cegid names Bruno Vaffier as COO, marking a strategic move to enhance AI-driven innovation and expand operational efficiency across global markets.

By Imee Dequito • 3 min read • Tue, 18th Jun 2024

Fintech

Trustly reports robust growth with US$58 billion in transactions

Trustly's 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.