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Acquisition Stories - Page 32

Australian Stories

Acquisition stories

Swoop buys 16.99% of Vonex, proposes higher acquisition price
Westpac

Swoop buys 16.99% of Vonex, proposes higher acquisition price

Swoop acquires a 16.99% stake in Vonex at AUD $0.04 per share, positioning itself as a superior contender against Maxo Telecommunications' offer.

By Kaleah Salmon • 3 min read • Tue, 17th Sep 2024
Access4 acquires Channel UC to boost cloud communications
BlueChip Infotech

Access4 acquires Channel UC to boost cloud communications

Access4 acquires Channel UC to bolster cloud communications, expanding its portfolio and partner base. Channel UC execs join Access4 to drive innovation.

By Imee Dequito • 3 min read • Mon, 16th Sep 2024

Global Stories

Acquisition stories

GoCardless appoints Daliņš as VP, boosts Riga operations
Fintech

GoCardless appoints Daliņš as VP, boosts Riga operations

GoCardless has named Pēteris Daliņš as VP of Operations and head of its Riga office, bolstering its leadership and footprint in Latvia's fintech sector.

By Imee Dequito • 2 min read • Fri, 20th Sep 2024
Gartner study: 30% of enterprises to automate network by 2026
IT Automation

Gartner study: 30% of enterprises to automate network by 2026

A Gartner report forecasts that 30% of enterprises will automate more than half of their network activities by 2026, leveraging AI and intelligent automation.

By Sean Mitchell • 3 min read • Thu, 19th Sep 2024
Veeam names Niraj Tolia new CTO after acquiring Alcion
Software-as-a-Service

Veeam names Niraj Tolia new CTO after acquiring Alcion

Veeam appoints former Alcion co-founder Niraj Tolia as new CTO to drive product strategy, integrating AI-driven solutions to bolster data resilience.

By Imee Dequito • 2 min read • Thu, 19th Sep 2024
Rimini Street's VMware support gains global traction
Alcatel-Lucent Enterprise

Rimini Street's VMware support gains global traction

Rimini Street has reported a surge in global clients opting for its VMware support services, enabling them to extend the life of their VMware licenses.

By Melania Watson • 3 min read • Thu, 19th Sep 2024
Patrick Morley joins Bugcrowd board after Carbon Black success
AI Security

Patrick Morley joins Bugcrowd board after Carbon Black success

Patrick Morley, ex-CEO of Carbon Black, joins Bugcrowd's board as the company grows, securing USD $102 million funding and 130 new customers in 2024's first half.

By Imee Dequito • 3 min read • Thu, 19th Sep 2024
Xero acquires Syft Analytics for USD $70 million
Financial Systems

Xero acquires Syft Analytics for USD $70 million

Xero acquires Syft Analytics for up to USD $70 million to boost its global analytics, reporting, and benchmarking capabilities for small businesses and accountants.

By Sean Mitchell • 2 min read • Wed, 18th Sep 2024
Vertiv appoints Frank Poncheri as new CHRO
Human Capital Management

Vertiv appoints Frank Poncheri as new CHRO

Vertiv has named Frank Poncheri as Chief Human Resources Officer, with a mission to strengthen the company's culture and strategic priorities.

By Imee Dequito • 2 min read • Wed, 18th Sep 2024
ColorTokens acquires PureID to enhance Xshield capabilities
Multi-factor authentication

ColorTokens acquires PureID to enhance Xshield capabilities

ColorTokens acquires PureID to enhance its Xshield Microsegmentation Platform with advanced identity-based segmentation, boosting security for IoT, cloud, and user environments.

By Sean Mitchell • 2 min read • Tue, 17th Sep 2024
Cloudera's AI play is all about data, leveraging a decade of experience
Data Protection

Cloudera's AI play is all about data, leveraging a decade of experience

Cloudera is enhancing its AI strategy by capitalising on over a decade of data expertise, aiming to streamline AI integration for enterprises globally.

By Catherine Knowles • 6 min read • Mon, 16th Sep 2024
Ericsson launches enterprise 5G portfolio for efficiency boost
AIOps

Ericsson launches enterprise 5G portfolio for efficiency boost

Ericsson has unveiled an Enterprise 5G portfolio to accelerate 5G adoption in businesses, offering private and neutral host solutions for enhanced connectivity and efficiency.

By Melania Watson • 3 min read • Fri, 13th Sep 2024
Trading app downloads surge 47% year-on-year in 2024
Google

Trading app downloads surge 47% year-on-year in 2024

Trading app downloads soar by 47% in 2024, with 7.3 million new users added, reports SplitMetrics. Trade Republic leads new user gains, Robinhood tops lifetime downloads.

By Shannon Williams • 3 min read • Thu, 12th Sep 2024
ECI Software appoints Ray Wizbowski as new chief marketing officer
Software-as-a-Service

ECI Software appoints Ray Wizbowski as new chief marketing officer

ECI Software Solutions appoints Ray Wizbowski as chief marketing officer, to drive brand growth and enhance customer engagement.

By Imee Dequito • 2 min read • Thu, 12th Sep 2024
SAP Concur highlights complexities in return on investment in AI
Artificial Intelligence

SAP Concur highlights complexities in return on investment in AI

Businesses must navigate complexities to unlock the ROI in AI and automation, focusing on data management, security, and strategic implementation.

By Melania Watson • 4 min read • Wed, 11th Sep 2024

Stories from Other Regions

Acquisition stories

SQR acquired by SQRx to drive digital identity innovation
Cybersecurity

SQR acquired by SQRx to drive digital identity innovation

SQR has been acquired by UK-based SQRx, aiming to boost digital identity growth. Entrepreneur Grahame Chilton, SQRx's largest shareholder, sees it as a 'groundbreaking' move.

By Catherine Knowles • 3 min read • Thu, 12th Sep 2024
WM5G expands Site Finder to boost UK mobile connectivity
Network Infrastructure

WM5G expands Site Finder to boost UK mobile connectivity

WM5G expands its Site Finder service, targeting better mobile connectivity in underserved UK regions by promoting shared telecoms sites, accelerating infrastructure deployment.

By Catherine Knowles • 3 min read • Thu, 12th Sep 2024