Acquisition stories - Page 24

CommScope will sell its Outdoor Wireless Networks and Distributed Antenna Systems units to Amphenol for USD $2.1 billion, aiming to streamline operations by 2025.

Deel, a global HR and payroll firm valued at USD $12 billion, has acquired Hofy, a London startup, to enhance its remote working solutions and launch Deel IT.

Sendcloud appoints Christopher Dughieri as CPTO to bolster its European shipping platform, with a focus on enhancing delivery options for merchants and consumers.

The global campaign management software market is set to soar to USD$4.8 billion by 2024 and may reach USD$10.2 billion by 2034, driven by AI and cloud innovations.

The move is pioneering a cloud-agnostic, cloud-native approach, and boosts integration for on-premises data centres with cloud services.

As the digital landscape evolves, CFOs must increasingly collaborate with IT to manage cloud costs and maximise efficiency, driving strategic ROI.

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

Infor finalises its acquisitions of Albanero and Acumen to boost data-driven growth strategies, integrating data management and specialised consulting into its CloudSuite.

Digital asset platform Haruko secures USD $6 million for Southeast Asia expansion, led by White Star Capital and MMC Ventures, boosting its total funding to USD $16 million.

Nicolas Schwarzpaul has been appointed CEO of dataglobal Group, effective 1 July 2024, succeeding Dr Christian Uhl, who steps down at his request.

Optimise your eCommerce site for Black Friday, Cyber Monday, and Amazon Prime Day to capture shoppers and boost sales with data-driven strategies.

Raiffeisen Bank has partnered with Fivetran to transform its data infrastructure, enhancing real-time marketing across 11 countries in Central and Eastern Europe.

UK and European banks ramp up AI recruitment to boost workforce productivity, with a 12% rise in AI roles in UK banks and Deutsche Bank and Santander leading efforts.

A new AI survey reveals 85% of UK tech leaders hail their AI skills but face budget, talent, and complexity barriers, with mixed ROI views.

Broadcom's acquisition of VMware has led to increased costs and operational hurdles for nearly 70% of users, pushing many to consider alternative cloud providers.

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

ArisGlobal has unveiled its LifeSphere Regulatory platform, touting over 50% efficiency gains with integrated regulatory solutions and advanced GenAI features.

AMD plans to acquire Silo AI, Europe's largest private AI lab, for USD $665 million, bolstering its AI strategy and capabilities.

Workday and AWS deepen their relationship to bolster generative AI solutions, aiming to transform customer experiences, enhance productivity, and streamline business processes.

Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.