Acquisition stories
Lumify Group has announced a major executive reshuffle to optimise growth, integrating EdventureCo's soft skills units and forming new business divisions.
StorMagic secures investment from Palatine Growth Credit Fund, aiming to boost growth with its new SvHCI product, offering a cost-effective alternative to VMware.
Cohesity's James Blake has revealed the company's strategy for data resilience and cybersecurity, with a focus on countering cyber threats.
STRYDE has secured 11 new seismic data processing contracts across diverse sectors and six countries since July 2023, indicating a growing influence.
Tricentis has acquired SeaLights to boost AI-powered quality engineering, enhancing insights into code and test integrations in the CI/CD pipeline.
Deel, a global HR and payroll firm valued at USD $12 billion, has acquired Hofy, a London startup, to enhance its remote working solutions and launch Deel IT.
CommScope will sell its Outdoor Wireless Networks and Distributed Antenna Systems units to Amphenol for USD $2.1 billion, aiming to streamline operations by 2025.
The global campaign management software market is set to soar to USD$4.8 billion by 2024 and may reach USD$10.2 billion by 2034, driven by AI and cloud innovations.
The move is pioneering a cloud-agnostic, cloud-native approach, and boosts integration for on-premises data centres with cloud services.
Pivotel has finalised its acquisition of wholesale voice and messaging firm VoiceHub from Swoop, enhancing its services across Australia and New Zealand.
Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.
Affinidi unveils the Affinidi Iota Framework at WeAreDevelopers World Congress, transforming data sharing with explicit consent and enhanced user control.
PMT Security expands with new South Australia office, larger Brisbane premises, following Quest Security acquisition and new hires for its Communications division.
Thailand is set to capitalise on shifting supply chains over the next decade, with JLL highlighting the country's growth in manufacturing investment opportunities.
Analytic Partners has acquired UK marketing analytics firm Magic Numbers to strengthen its presence in the UK and EMEA markets, enhancing their analytics capabilities.
Equinix will acquire three data centres in the Philippines from Total Information Management, marking its entry into the Filipino market.
Sendcloud appoints Christopher Dughieri as CPTO to bolster its European shipping platform, with a focus on enhancing delivery options for merchants and consumers.
Chronos Agency has expanded into Australia, appointing Nina Jung as Chief Revenue Officer, as demand grows for sustainable ecommerce strategies focused on customer retention.
Device Technologies Group has acquired Venusys and Infinity, marking its first Southeast Asia expansion into Malaysia and Singapore.
As the digital landscape evolves, CFOs must increasingly collaborate with IT to manage cloud costs and maximise efficiency, driving strategic ROI.