Acquisition stories - Page 20

Rimini Street's VMware support service, launched in May, is gaining traction globally. It aids clients in optimising their VMware perpetual licences amidst Broadcom's new subscription model, evading significant fee hikes.

Patrick Morley, ex-CEO of Carbon Black, joins Bugcrowd's board as the company grows, securing USD $102 million funding and 130 new customers in 2024's first half.

Verne appoints Anne Katrine Vestergaard Jensen as Head of Marketing to bolster its sustainable data centre services across Northern Europe amidst rising demand.

Rome2Rio names travel industry veteran Wendy Olson Killion as new CEO to spearhead its vision for global trip planning and platform growth.

Xero acquires Syft Analytics for up to USD $70 million to boost its global analytics, reporting, and benchmarking capabilities for small businesses and accountants.

Vertiv has named Frank Poncheri as Chief Human Resources Officer, with a mission to strengthen the company's culture and strategic priorities.

Swoop acquires a 16.99% stake in Vonex at AUD $0.04 per share, positioning itself as a superior contender against Maxo Telecommunications' offer.

ColorTokens acquires PureID to enhance its Xshield Microsegmentation Platform with advanced identity-based segmentation, boosting security for IoT, cloud, and user environments.

Cloudera attests to the imperative for any AI initiative to be underpinned by robust data infrastructure as the company rolls out its own AI innovation in the form of assistants and AMPs.

Access4 acquires Channel UC to bolster cloud communications, expanding its portfolio and partner base. Channel UC execs join Access4 to drive innovation.

Ericsson has unveiled an Enterprise 5G portfolio to accelerate 5G adoption in businesses, offering private and neutral host solutions for enhanced connectivity and efficiency.

Trading app downloads soar by 47% in 2024, with 7.3 million new users added, reports SplitMetrics. Trade Republic leads new user gains, Robinhood tops lifetime downloads.

ECI Software Solutions appoints Ray Wizbowski as chief marketing officer, to drive brand growth and enhance customer engagement.

SQR has been acquired by UK-based SQRx, aiming to boost digital identity growth. Entrepreneur Grahame Chilton, SQRx’s largest shareholder, sees it as a 'groundbreaking' move.

WM5G expands its Site Finder service, targeting better mobile connectivity in underserved UK regions by promoting shared telecoms sites, accelerating infrastructure deployment.

Businesses must navigate complexities to unlock the ROI in AI and automation, focusing on data management, security, and strategic implementation.

Oracle and Imagene launch CanvOI, a pan-cancer model on Oracle Cloud, aiming to revolutionise global cancer diagnosis and treatment with AI-driven oncology intelligence.

SugarCRM appoints David Roberts as new CEO, succeeding Craig Charlton. Roberts to drive global growth and innovation as Charlton becomes Chairman.

DoorDash leverages Oracle NetSuite for growing over 37 million active consumers monthly in 30+ countries, connecting buyers with 500,000+ local businesses.

Aspire Technology Solutions reports a 23.6% revenue increase to nearly GBP £40 million, driven by a 97% surge in cybersecurity services.