Acquisition stories
IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.
Pure Storage has launched its Cloud for Microsoft Azure VMware Solution, promising seamless management and potential savings of up to 40% on costs.
Lucanet has acquired UK-based Causal to enhance its Financial Planning and Analysis services, marking the third acquisition in two years.
As the race for customer loyalty intensifies, Australian and New Zealand banks must modernise rapidly to meet soaring digital expectations.
Kaseya has launched Kaseya 365 User and acquired SaaS Alerts, bolstering cybersecurity features for managed service providers aiming to enhance profitability.
EY has launched 'EY Competitive Edge', a cloud platform using AI to provide critical insights from a vast data pool for strategic business decisions.
Epicor has acquired Acadia Software, enhancing its commitment to providing advanced digital tools and insights to frontline workers in manufacturing.
Logpoint has been named a Leader in IDC MarketScape's Worldwide SIEM for SMB 2024, highlighting its advanced capabilities for cyber threat detection.
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
Proofpoint is set to acquire Normalyze, enhancing its Data Security Posture Management capabilities with AI technology by November 2024.
DigitalBridge has unveiled plans to acquire Yondr Group, a key player in hyperscale data centres, amid rising demand driven by AI advancements.
Cohesity has appointed Vasu Murthy as Senior Vice President and Chief Product Officer to enhance its data security portfolio amid substantial growth.
Proofpoint is set to acquire Normalyze for an undisclosed sum, targeting enhanced data security through AI-driven DSPM technology by November 2024.
Dayforce has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites, marking its fifth consecutive year of achievement.
Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.
Academia has acquired Smartdesc for GBP £9 million, aiming to enhance its Technical Services portfolio and expand in the managed services sector.
Teradata has appointed Louis Landry as Chief Technology Officer, harnessing his decade-long experience to enhance the company's tech vision and innovation.
Sovereign Cloud has rebranded to AUCyber, launching AUCloud and AUCyber to meet Australia's evolving digital and security needs.
Swoop has reported a 15% rise in recurring revenues for Q1 FY25 and reaffirmed its bid for Vonex Limited amid ongoing growth in Australia.
Cornerstone has appointed Annee Bayeux as its new International Workforce Agility Officer, enhancing its focus on adapting to the modern workforce landscape.
