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Australia

Australian Stories

Mergers and Acquisitions (M&A) stories

People First Bank sees growth in profit & loans post-merger
Fintech

People First Bank sees growth in profit & loans post-merger

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.

By Sean Mitchell • 2 min read • Tue, 8th Oct 2024
Swoop challenges MaxoTel with $0.040 per Vonex share offer
Unified Communications

Swoop challenges MaxoTel with $0.040 per Vonex share offer

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.

By Catherine Knowles • 2 min read • Fri, 6th Sep 2024
Directed Technologies acquires Sofihub, boosts safety solutions
Fleet Management

Directed Technologies acquires Sofihub, boosts safety solutions

Directed Technologies acquires Sofihub to bolster fleet safety solutions and expand into assisted living tech, enhancing services for fleet managers and vulnerable users.

By Catherine Knowles • 3 min read • Wed, 14th Aug 2024

Global Stories

Mergers and Acquisitions (M&A) stories

ShopFully, MEDIA Central, Flipp join forces in global merger
Marketing Technologies

ShopFully, MEDIA Central, Flipp join forces in global merger

ShopFully, MEDIA Central, and Flipp merge to form the largest global 'drive-to-store' marketing firm, serving 400 million shoppers across 27 markets.

By Catherine Knowles • 3 min read • Wed, 2nd Oct 2024
Workday debuts 12 Industry Accelerators to boost HR & finance
EduTech

Workday debuts 12 Industry Accelerators to boost HR & finance

Workday unveils twelve new Industry Accelerators, partnering globally to help customers modernise HR and finance across various sectors.

By Melania Watson • 3 min read • Tue, 24th 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
Progress to acquire ShareFile from Cloud Software for $875m
Unified Communications

Progress to acquire ShareFile from Cloud Software for $875m

Progress to acquire ShareFile from Cloud Software Group for $875 million, enhancing its AI-powered collaboration services. Deal to close by 30 Nov 2024.

By Catherine Knowles • 3 min read • Tue, 10th Sep 2024
Exclusive: How Syniti's data-first approach is driving digital success
Digital Transformation

Exclusive: How Syniti's data-first approach is driving digital success

Syniti's data-first methodology is revolutionising digital transformations, driving efficiency and savings for global industries via tailored enterprise data management.

By Melania Watson • 5 min read • Mon, 9th Sep 2024
Veeam tops enterprise backup market with $1.5 billion revenue
Software-as-a-Service

Veeam tops enterprise backup market with $1.5 billion revenue

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.

By Shannon Williams • 3 min read • Thu, 22nd Aug 2024
Infobip appoints Yariv Dafna as new Chief Financial Officer
Customer Experience

Infobip appoints Yariv Dafna as new Chief Financial Officer

Yariv Dafna, with nearly 20 years of finance and business management experience, joins Infobip as CFO to help drive the company's continued growth.

By Imee Dequito • 3 min read • Wed, 21st Aug 2024
AMD acquires ZT Systems in a USD $4.9 billion AI strategy move
Hyperscale

AMD acquires ZT Systems in a USD $4.9 billion AI strategy move

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.

By Sean Mitchell • 3 min read • Wed, 21st Aug 2024
Zendesk appoints Lila Tretikov to board of directors
Customer Relationship Management

Zendesk appoints Lila Tretikov to board of directors

Zendesk appoints AI strategy expert Lila Tretikov to its Board of Directors, enhancing the company's focus on leveraging AI to boost customer experience.

By Imee Dequito • 3 min read • Tue, 13th Aug 2024
Spinnaker Support launches global VMware support service
Digital Transformation

Spinnaker Support launches global VMware support service

Spinnaker Support launches global third-party support for VMware following Broadcom's acquisition and the shift to a costly subscription model.

By Catherine Knowles • 3 min read • Fri, 9th Aug 2024

Stories from Other Regions

Mergers and Acquisitions (M&A) stories

Logpoint acquires Muninn to bolster AI-driven cybersecurity
Security Information and Event Management

Logpoint acquires Muninn to bolster AI-driven cybersecurity

Logpoint has acquired Muninn to bolster its cybersecurity suite, integrating AI-driven NDR capabilities into its SIEM platform to enhance threat detection and response.

By Sean Mitchell • 3 min read • Wed, 2nd Oct 2024
UK CEOs optimistic on growth, shift to proactive deal strategies
Artificial Intelligence

UK CEOs optimistic on growth, shift to proactive deal strategies

UK CEOs are growing optimistic and shifting towards proactive deals. Investment in tech and strategic transactions are key.

By Shannon Williams • 3 min read • Tue, 24th Sep 2024
Hybrid Anchor acquires Off Canvas, creating 40 new jobs
Marketing Technologies

Hybrid Anchor acquires Off Canvas, creating 40 new jobs

Hybrid Anchor, based in Coatbridge, has acquired Edinburgh tech support firm Off Canvas, creating 40 jobs over three years amid its expansion strategy.

By Catherine Knowles • 3 min read • Fri, 30th Aug 2024
HSO acquires NZ's Aware Group to boost global AI capabilities
Generative AI

HSO acquires NZ's Aware Group to boost global AI capabilities

HSO, expanding its global footprint in AI, acquires New Zealand-based Aware Group to enhance its business-relevant AI solutions using Microsoft Cloud technology.

By Catherine Knowles • 3 min read • Wed, 14th Aug 2024