Mergers and Acquisitions (M&A) stories
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Swoop challenges MaxoTel with $0.040 per Vonex share offer
2 days ago
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uc
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telco
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westpac
Swoop has made a non-binding offer to acquire Vonex, outbidding MaxoTel’s June scheme with a $0.040 per share proposal, aiming to create a national telecom giant.
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Hybrid Anchor acquires Off Canvas, creating 40 new jobs
Last week
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software development
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martech
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m&a
Hybrid Anchor, based in Coatbridge, has acquired Edinburgh tech support firm Off Canvas, creating 40 jobs over three years amid its expansion strategy.
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Veeam tops enterprise backup market with $1.5 billion revenue
Last month
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saas
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dr
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open source
Veeam Software has topped Gartner's 2024 Enterprise Backup and Recovery Software market with a 15.1% share and USD $1.5 billion in revenue.
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Infobip appoints Yariv Dafna as new Chief Financial Officer
Last month
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cx
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martech
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iot
Yariv Dafna, with nearly 20 years of finance and business management experience, joins Infobip as CFO to help drive the company's continued growth.
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AMD acquires ZT Systems in a USD $4.9 billion AI strategy move
Last month
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hyperscale
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dc
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ai
AMD to acquire ZT Systems for USD $4.9 billion, enhancing its AI strategy and data centre capabilities. The deal, featuring contingent payments, closes H1 2025.
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HSO acquires NZ's Aware Group to boost global AI capabilities
Last month
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ai
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m&a
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nz
HSO, expanding its global footprint in AI, acquires New Zealand-based Aware Group to enhance its business-relevant AI solutions using Microsoft Cloud technology.
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Directed Technologies acquires Sofihub, boosts safety solutions
Last month
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fleet management
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apac
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m&a
Directed Technologies acquires Sofihub to bolster fleet safety solutions and expand into assisted living tech, enhancing services for fleet managers and vulnerable users.
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Zendesk appoints Lila Tretikov to board of directors
Last month
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crm
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cx
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martech
Zendesk appoints AI strategy expert Lila Tretikov to its Board of Directors, enhancing the company's focus on leveraging AI to boost customer experience.
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Spinnaker Support launches global VMware support service
Last month
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digital transformation
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it automation
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casb
Spinnaker Support launches global third-party support for VMware following Broadcom's acquisition and the shift to a costly subscription model.
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ECI Software Solutions acquires ProfitKey International
Last month
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fintechs
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erp
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m&a
ECI Software Solutions has acquired ProfitKey International to boost its ERP offerings for discrete manufacturers. Financial terms weren't disclosed.
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IntelligenceBank acquires Red Marker to boost AI compliance tools
Last month
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martech
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physical security
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risk & compliance
IntelligenceBank acquires Red Marker to bolster AI-driven marketing compliance, aiming to slash regulatory fines and speed time to market for global brands.
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DLA Piper announces key promotions including two to special counsel
Wed, 31st Jul 2024
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data protection
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data privacy
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cybersecurity
DLA Piper has promoted Edward Eisdell-Moore and Kate Rogers to Special Counsel, while Mary McCartin has been elevated to Senior Associate, acknowledging their exemplary contributions.
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Analytic Partners acquires Magic Numbers to boost UK presence
Mon, 29th Jul 2024
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data analytics
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market
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branding
Analytic Partners has acquired UK-based Magic Numbers to boost its presence in the UK and EMEA markets. The move aims to integrate their analytics expertise and enhance global outreach.
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Tricentis acquires SeaLights to bolster software quality intelligence
Thu, 25th Jul 2024
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saas
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ai
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software development
Tricentis has acquired SeaLights to boost AI-powered quality engineering, enhancing insights into code and test integrations in the CI/CD pipeline.
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Research highlights customer discontent after Broadcom-VMware deal
Tue, 16th Jul 2024
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cx
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martech
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it automation
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.
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IFS acquires EmpowerMX to enhance aviation maintenance AI
Tue, 16th Jul 2024
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digital transformation
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risk & compliance
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airlines
IFS acquires EmpowerMX, enhancing AI-driven aviation MRO solutions for major airlines. This merger promises bolstered capabilities, innovation, and industry leadership.
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Atturra projects 35% revenue jump, acquires Exent for AUD $6m
Mon, 15th Jul 2024
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asx
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m&a
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atturra
Atturra forecasts FY24 revenue to exceed AUD $240 million, up 35%, with EBITDA between AUD $25 million and AUD $26 million. Exent acquisition aims to boost consulting capabilities.
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Salus Ventures 'delighted' with Archie Judd's appointment
Thu, 11th Jul 2024
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ai
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australian
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national security
Salus Ventures has appointed Archie Judd to bolster its investment team, enhancing Australia's national resilience through deep technology.
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Northern Data acquires NVIDIA H200 GPUs in deal with Supermicro
Thu, 4th Jul 2024
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hpc
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ai
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supermicro
Northern Data Group, in partnership with Supermicro, acquires NVIDIA H200 GPUs to boost its HPC and Generative AI capabilities. Deployment begins Q4 2024.
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Excite expands cyber security with CBIT Digital Forensic acquisition
Mon, 1st Jul 2024
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it services
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australian government
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m&a
Excite Technology Services acquires CBIT Digital Forensic Services for AUD $14 million, enhancing its cyber security and digital forensics capabilities.