Acquisition stories - Page 27

A new AI survey reveals 85% of UK tech leaders hail their AI skills but face budget, talent, and complexity barriers, with mixed ROI views.

Broadcom's acquisition of VMware has led to increased costs and operational hurdles for nearly 70% of users, pushing many to consider alternative cloud providers.

IFS acquires EmpowerMX, enhancing AI-driven aviation MRO solutions for major airlines. This merger promises bolstered capabilities, innovation, and industry leadership.

Lion Parcel partners with Salesforce to enhance customer service using generative AI, reducing case resolution times by 73%.

Atturra forecasts FY24 revenue to exceed AUD $240 million, up 35%, with EBITDA between AUD $25 million and AUD $26 million. Exent acquisition aims to boost consulting capabilities.

ArisGlobal has unveiled its LifeSphere Regulatory platform, touting over 50% efficiency gains with integrated regulatory solutions and advanced GenAI features.

AMD plans to acquire Silo AI, Europe's largest private AI lab, for USD $665 million, bolstering its AI strategy and capabilities.

HR Path has secured a landmark EUR €500 million investment from Ardian, fuelling its expansion and service enhancement in the Asia Pacific region.

Workday and AWS deepen their relationship to bolster generative AI solutions, aiming to transform customer experiences, enhance productivity, and streamline business processes.

Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.

Salus Ventures has appointed Archie Judd to bolster its investment team, enhancing Australia's national resilience through deep technology.

Tollring has appointed Hilary Oliver as Chief Customer Officer to spearhead its customer success strategy, enhancing customer experience and retention.

Northern Data Group partners with Supermicro to acquire NVIDIA H200 GPUs, making its Taiga Cloud the first CSP in Europe to offer this cutting-edge hardware.

Aleph Group has completed its acquisition of Entravision Global Partners, expanding its reach in over 140 countries and enhancing access to key digital platforms.

Heymax.ai has secured USD $2.6 million in seed funding led by January Capital, aiming to expand its loyalty platform across the APAC region.

Australian startup DingGo has transformed into a fleet accident management platform, partnering with SG Fleet and achieving a 166% revenue boost over the past year.

Valeo and Seeing Machines team up in a strategic collaboration, transferring Valeo's driver monitoring software to Seeing Machines and leveraging Berlin-based Asaphus’ deep-learning tech.

MoEngage launches a new platform in Australia, aimed at helping financial institutions tackle inefficiencies and deliver personalised customer experiences in real time.

MACH – Microservices, API-first, Cloud-native, and Headless – transcends tech jargon, offering organisations the agility and scalability needed in modern MarTech stacks.

Priscila Bernardes has been appointed CEO of Lancom Technology, succeeding Waruna Kirimetiyawa, who will now serve as Lancom Group Managing Director and ANZ CEO for Lyra Technology Group.