Mergers and Acquisitions (M&A) stories
LogRhythm and Exabeam will merge, aiming to lead AI-driven security operations with enhanced threat detection, response, and a larger product portfolio.
ConnectWise appoints Rik Thorbecke as CFO ahead of the IT Nation Secure conference, aiming to harness his vast expertise to boost financial growth.
Boomi strengthens its API management with key acquisitions from APIIDA and Cloud Software Group, aiming to simplify and secure API ecosystems for enterprises.
Akamai Technologies announces plans to acquire API security firm, Noname Security, fortifying its API security suite and offering customers enhanced protection against digital threats.
Rocket Software ramps up its modernisation capabilities with a $2.275bn acquisition of OpenText's AMC division.
KnowBe4 plans to acquire Egress, enhancing its AI-driven cybersecurity platform to effectively manage human risk amid increasing email security threats.
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.
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.
In a bid to simplify Gen AI development, DataStax is set to acquire AI startup, Logspace, developer of the open-source framework, Langflow.
Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.
Cybersecurity giant, Exclusive Networks, unveils plans to fully acquire channel services firm, NEXTGEN Group, boosting its market presence across the Asia-Pacific region.
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.
T4 Group bolsters its position in the co-location market with the strategic acquisition of the East Tāmaki Data Centre, offering businesses secure and cost-effective data solutions.
Health and wellbeing providers Vivup and Perkbox reveal a merger backed by Great Hill Partners, striving for an all-in-one solution for UK employee benefits and wellbeing.
ServiceNow acquires 4Industry and EY's Smart Daily Management application to boost its operational technology capabilities, promoting efficiency and heightening experiences for connected workers.
AP automation firm Basware acquires UK-based AP Matching, integrating accurate financial data and automated reconciliation to improve invoice processing and boost cost savings for clients.
Employment Hero acquires Employment Innovations and announces the creation of the world's first fully automated payroll process, which could save Australian SMEs as much as 80% in payroll admin time.
FPT Corporation lays out a new strategy targeting AI, Automotive, Semiconductors, Digital and Green Transformation, positioning Vietnam as a leading global hub for business and innovation.
Sydney-based Software Combined Group acquires Auckland's Activate, a specialist in self-service automation, marking its first expansion into the New Zealand market.
Global PropTech provider REdirect Consulting collaborates with SAY Property Consulting to streamline services in the UK's evolving Rental Living market.