Mergers and Acquisitions (M&A) stories
IBM acquires Red Hat for USD $34 billion, aiming to redefine the cloud market with a robust hybrid multicloud platform based on open source technologies.
GTT Communications to acquire KPN International for €50m in cash, helping to expand its network reach and client base across Europe.
PayU, part of Naspers, has acquired a majority stake in Singapore's Red Dot Payment for USD $65 million, marking its expansion into Southeast Asia.
HCL Technologies has finalised its acquisition of IBM's products in security, marketing, and commerce sectors, introducing the new HCL Software division.
The merger will include some of NTT's biggest businesses, including NTT Communications, NTT Security, and Dimension Data.
The business operations of Transition Systems will continue as a distinct Unified Communications business unit under the Exclusive Networks banner.
Blue Prism announces plans to acquire Thoughtonomy, aiming to enhance its cloud strategy and provide more robust intelligent automation solutions globally.
The man behind the popular breach checking website Have I Been Pwned is stepping down from his esteemed post as sole manager of the site.
As a channel-first security provider, Sophos will deliver the new MDR services through its network of approximately 47,000 channel partners worldwide.
Intel announced its intent to acquire Barefoot Networks, an ethernet switch and data center software firm, to bolster its data center market position.
Insight Partners has acquired Recorded Future in a $780m deal, the largest threat intelligence acquisition to date.
DDN has finalised its acquisition of Nexenta, enhancing their AI and multi-cloud solutions and solidifying their stance in the 5G and IoT markets.
Infratil seeks approval from the Commerce Commission to acquire up to 50% of Vodafone New Zealand, with Brookfield Asset Management to own the rest.
Hewlett Packard Enterprise (HPE) is set to acquire Cray for $1.3bn in cash, in a move to expand its high-performance computing portfolio.
AI-driven innovations are fuelling unprecedented growth in mergers and acquisitions, with the market poised to hit USD $190 billion by 2025.
Infratil and Brookfield Asset Management have jointly acquired Vodafone New Zealand for NZD $3.4 billion, edging out rivals like KKR and TPG Capital.
The Enex Carbon team will join Kroll's Cyber Risk practice and will be led by managing director and Asia Pacific leader Paul Jackson.
The merger makes One Technology the country's largest collaboration of business data and managed service providers.
New Zealand IT service providers Base 2 and Ginger are merging to enhance their capabilities in delivering IT support for small-to-medium businesses.
Clients will get simpler billing and a broader service offering after the deal, as the combined group expands nationwide scale in specialist demolition and asbestos removal.