Mergers and Acquisitions (M&A) stories
Databricks to acquire Tabular, aiming to bridge gaps in Delta Lake and Iceberg interoperability, enhancing its lakehouse architecture's open-source capabilities.
Boomi appoints Jessica Soisson as CFO, strengthening its leadership team with her extensive financial expertise to drive the company's next growth phase.
Swedish firm Omnia acquires LiveTiles, promising to revolutionise digital workplace solutions globally. CEO David Vander outlines bold expansion plans.
Cloudera acquires Verta Operational AI Platform to enhance its AI capabilities and meet the rising global demand for advanced AI solutions.
Harness, a provider of software delivery platforms, has acquired Split Software to enhance feature flag and experimentation capabilities, aiming for faster, reliable code deployment.
UK CEOs are increasingly optimistic about near-term growth and prioritise AI investments, per the latest EY CEO Pulse Survey, but face challenges in arguing for sustainability.
Cornerstone acquires SkyHive Technologies' workforce skills intelligence, enhancing its platform to support agile, skills-based organisations.
Xsolla's latest report spotlights game development trends, EU regulations favouring developers, and a 25% job growth prediction in the industry by 2032.
Netmore Group expands into APAC, aiming to meet increasing IoT demands, following acquisition of US-based Senet and significant European presence.
LogRhythm and Exabeam will merge, aiming to lead AI-driven security operations with enhanced threat detection, response, and a larger product portfolio.
ConnectWise appoints Rik Thorbecke as CFO ahead of the IT Nation Secure conference, aiming to harness his vast expertise to boost financial growth.
Boomi strengthens its API management with key acquisitions from APIIDA and Cloud Software Group, aiming to simplify and secure API ecosystems for enterprises.
Akamai Technologies announces plans to acquire API security firm, Noname Security, fortifying its API security suite and offering customers enhanced protection against digital threats.
Rocket Software ramps up its modernisation capabilities with a $2.275bn acquisition of OpenText's AMC division.
KnowBe4 plans to acquire Egress, enhancing its AI-driven cybersecurity platform to effectively manage human risk amid increasing email security threats.
Armis, an asset intelligence cybersecurity firm, acquires Silk Security for $150M, aiming to create a comprehensive cyber threat management platform and bridge the gap between threat identification and resolution.
Trustly's 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.
AP automation firm Basware acquires UK-based AP Matching, integrating accurate financial data and automated reconciliation to improve invoice processing and boost cost savings for clients.
Employment Hero acquires Employment Innovations and announces the creation of the world's first fully automated payroll process, which could save Australian SMEs as much as 80% in payroll admin time.
FPT Corporation lays out a new strategy targeting AI, Automotive, Semiconductors, Digital and Green Transformation, positioning Vietnam as a leading global hub for business and innovation.