Mergers and Acquisitions (M&A) stories - Page 3

MSP sector faces consolidation surge with CGT changes
Fri, 22nd Nov 2024
#
hyperscale
#
microsoft
#
servicenow
The Managed Service Provider sector is facing an M&A surge, driven by tax changes and private equity strategies, raising concerns about integration challenges.

Ciphr expands with acquisition of employee benefits firm Avantus
Fri, 22nd Nov 2024
#
martech
#
hcm
#
personalisation
Ciphr has acquired Avantus to enhance its services with employee benefits, marking its third acquisition in 18 months to boost HCM offerings.

LogicMonitor secures USD $800m to advance AI initiatives
Thu, 21st Nov 2024
#
saas
#
data analytics
#
digital transformation
LogicMonitor has secured an investment of USD $800 million, raising its valuation to approximately USD $2.4 billion to enhance its AI-driven observability platform.

LogicMonitor secures USD $800m for AI data centre boost
Thu, 21st Nov 2024
#
saas
#
data analytics
#
digital transformation
LogicMonitor secures a USD $800 million investment, boosting its valuation to USD $2.4 billion and enhancing its AI-driven data centre solutions.

Alkira platform delivers major efficiency gains for firms
Wed, 20th Nov 2024
#
network infrastructure
#
m&a
#
agility
A study by Nemertes shows Alkira's infrastructure-as-a-service platform offers firms significant benefits, cutting network provisioning time by 96%.

Decision Inc. acquires ProQuest to enhance AI & Salesforce
Tue, 19th Nov 2024
#
digital transformation
#
cx
#
martech
Decision Inc. has acquired ProQuest Consulting, enhancing its consultancy offerings and boosting its team in Australia to nearly 400 employees.

Softsource vBridge acquires TLC to form major IT group
Mon, 11th Nov 2024
#
personal computing devices
#
it services
#
ict
Softsource vBridge has acquired The Laptop Company in a bid to form one of New Zealand's largest privately-owned IT groups, boosting service capabilities.

Canary Technology Solutions acquires Wyntec to expand reach
Thu, 7th Nov 2024
#
m&a
#
it support
#
business transformation
Canary Technology Solutions has acquired Wyntec, aiming to boost its Managed IT Services and strengthen its presence in Queensland's market.

CrowdStrike to acquire Adaptive Shield for cloud security
Thu, 7th Nov 2024
#
cloud security
#
ai security
#
cybersecurity
CrowdStrike plans to acquire Adaptive Shield, enhancing its capabilities in identity-based protection across the cloud amidst rising cybersecurity threats.

Siemens to acquire Altair Engineering for USD $10 billion
Tue, 5th Nov 2024
#
it in manufacturing
#
digital transformation
#
data science
Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.

EY launches cloud platform for strategic decision-making
Fri, 1st Nov 2024
#
data analytics
#
genai
#
ai
EY has launched 'EY Competitive Edge', a cloud platform using AI to provide critical insights from a vast data pool for strategic business decisions.

Swoop reports strong Q1 growth, reaffirms Vonex bid
Thu, 31st Oct 2024
#
uc
#
fintech
#
telco
Swoop has reported a 15% rise in recurring revenues for Q1 FY25 and reaffirmed its bid for Vonex Limited amid ongoing growth in Australia.

Actica acquires Gemba Advantage to boost tech capabilities
Fri, 25th Oct 2024
#
data analytics
#
cybersecurity
#
software development
Actica, supported by Sovereign Capital Partners, has acquired Gemba Advantage to strengthen its technology and cybersecurity capabilities for public sector clients.

ScaleWise acquires Pug & Bear to boost UK startup growth
Wed, 23rd Oct 2024
#
m&a
#
funding
#
capital raising
ScaleWise has acquired Pug & Bear to combat declining UK startup graduation rates from Seed to Series A funding, which dropped from 12.5% to 4.5%.

TTC Group appoints Roy Hastings as new Chief Financial Officer
Wed, 16th Oct 2024
#
cfo
#
m&a
#
nhs
TTC Group has appointed Roy Hastings as CFO to drive expansion into regulated training markets following strategic acquisitions including Miad Healthcare.

Banked acquires Waave to expand Pay by Bank in Australia
Tue, 15th Oct 2024
#
payment technologies
#
market
#
m&a
Banked has acquired Australian payment technology firm Waave, aiming to dominate the real-time payments market and enhance the Pay by Bank experience.

Mark Humphries appointed Chair to boost Bluprintx growth
Fri, 11th Oct 2024
#
digital transformation
#
martech
#
cdp
Bluprintx has appointed Mark Humphries as Chair, aiming to boost its global growth following the recent acquisition of ITG Commerce.

Identity security maturity brings higher value & growth
Wed, 9th Oct 2024
#
data analytics
#
genai
#
ai
SailPoint's latest report reveals that advanced identity security practices enhance value for organisations, with 83% experiencing fewer security issues in 2023.

People First Bank sees growth in profit & loans post-merger
Tue, 8th Oct 2024
#
fintech
#
martech
#
cdp
People First Bank has reported a 29% net profit increase to USD $41.4 million in its first year post-merger, alongside significant technological advancements.

AI market poised to reach $990B by 2027, report says
Fri, 4th Oct 2024
#
semiconductors
#
genai
#
ai
Bain and Company's latest report predicts AI market to grow to $990 billion by 2027, driven by generative AI and sovereign AI ecosystems.