Acquisition stories - Page 38

Australian start-up SourseAI partners with South African telecoms innovator Melon Mobile, expanding its global reach, following recent Series A funding.

ThoughtSpot enhances its AI functions to spur 'Data Renaissance', placing humans at the core of data-driven decisions, elevating efficiency and innovation.

Tricentis, a global specialist in testing and quality engineering, reports record growth in its application testing partnership with SAP, with a 46% YoY revenue surge and a 40% rise in new customers in 2023.

Assured Data Protection appoints seasoned finance professional Paul Dix as its CFO, reinforcing their growth strategy amid an increased demand for cloud data protection solutions.

SoftIron revolutionises private cloud infrastructure with its new HyperCloud offering, promising universal scalability.

Veeam Software's new Cyber Secure Program offers comprehensive cyber defence tools and rapid recovery support as global cyberattack threats escalate.

Nexxen appoints former Siprocal executive Gretchen Johnson as Chief People Officer, emphasising talent development and company culture.

Software giant IFS reports a six-year streak of exceptional double-digit growth with cloud and software revenue surging in 2023.

Wasabi Technologies acquires Curio AI from GrayMeta to launch AI-powered intelligent storage for the media sector, anticipated to debut by mid-2024.

Jenn McAuliffe joins SmartBear, a top software development tools provider, as Senior VP of Enterprise Sales, aiming to boost major B2B growth.

CIBC Innovation Banking funds global legal software firm Actionstep's acquisition of Soluno, marking a pivotal investment in digitalising legal firm workflows.

SecurityBridge, a global SAP security provider, experienced some remarkable growth in 2023, doubling its revenue.

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SmartBear Software, the software testing solutions provider, has acquired AI-based no-code testing platform, Reflect, set to bring faster test written via text prompts, advancing and diversifying SmartBear's AI strategy.

French telecom giant, ACOME Group, has beefed up its European presence by acquiring Danish microduct manufacturer, LYNDDAHL Telecom, in a strategic push to dominate the fibre network materials sector.

CMS leader Storyblok has teamed up with Lokalise, an AI-driven translation provider, enabling firms to effortlessly convert content into diverse languages.

SmartRecruiters teams up with Mercer | Mettl to revolutionise digital workforce hiring, combining advanced assessment tools and talent measurement, enhancing global recruitment processes.

Uncertainty clouds VMware's future following its £61bn acquisition by Broadcom, forcing many clients to contemplate alternate measures amidst concerns of staff layoffs and price hikes.

Alibaba International pilots 'Aidge', an AI-powered toolkit targeting SMEs' global expansion, tackling challenges of language, marketing costs, and access to talent.

Westcon-Comstor boosts its cloud capabilities with the acquisition of London-based AWS cloud consultancy Rebura, enhancing its services to partners.