Acquisition stories - Page 9

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

Arctic Wolf has acquired BlackBerry's Cylance to boost its Aurora platform, integrating advanced AI-driven security capabilities for enhanced endpoint protection.

Syrenis has appointed Adam Binks as CEO, bringing his expertise from SysGroup to lead the company's growth in the booming consent management market.

NFON has unveiled its ambitious NFON NEXT 2027 strategy, aiming for market leadership in AI-driven business communications and significant revenue growth.

Co-op has partnered with Dentsu to pre-install its membership app on over 20,000 Samsung devices in the UK, enhancing user engagement and convenience.

Retailers are gearing up for a recovery in 2025 by leveraging AI to harness customer data, aiming to tailor their offerings amidst changing consumer habits.

Mirantis has unveiled Rockoon, an open-source toolset aimed at simplifying OpenStack management on Kubernetes amidst rising interest following Broadcom's VMware acquisition.

Funding for UK FinTech startups dipped 2% to USD $4.9 billion in 2024, marking a five-year low amidst growing regulatory challenges and economic concerns.

A recent survey reveals a pivotal shift in customer experience's significance, with 96% of CX leaders reporting corporate recognition as a revenue driver.

BackBox has launched its Network Cyber Resilience Platform and reported record profits in 2024, marking a historic financial success for the firm.

DoiT has secured two prestigious Microsoft partner designations, boosting its capabilities in Modern Work and Digital & App Innovation on Azure.

A new study by SplitMetrics reveals a remarkable 60% increase in new Android VR game users, with 13 million joining in 2024, marking record growth.

Vistage reports a shocking drop in SME confidence across the UK and Ireland, with leaders now wary of profitability amidst declining economic conditions.

LG Electronics has acquired a controlling 51% stake in Bear Robotics, enhancing its AI-driven robotics capabilities as part of a strategic growth initiative.

Innovative cybersecurity solutions will be unveiled at London's CyberASAP Demo Day, showcasing 14 projects from the accelerator programme backed by GBP £40 million alumni success.

Retailers face a survival battle in 2025, with economic pressures and customer expectations reshaping the eCommerce landscape following a strong 2024 peak season.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

Clay has raised USD $40 million in Series B funding, boosting its valuation to USD $1.25 billion following impressive revenue growth and strategic acquisitions.

SmartBear has appointed Vineeta Puranik as its new Chief Technology Officer, aiming to enhance its technology strategy amid rapid AI advancements.

Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.