Acquisition stories - Page 37

HID, a global leader in trusted identity solutions, has been named a 'Leader' in the 2024 Gartner Magic Quadrant for Indoor Location Services, reflecting its strong vision and strategic acquisitions in the industry.

GumGum integrates Playground xyz's media portfolio to strengthen its APAC business, advancing AI-driven ad solutions.

Singapore fintech startup, Qashier, secures in-principle approval for a Major Payment Institution licence from the Monetary Authority of Singapore, paving the way for diversified payment offerings.

Sitecore has confirmed Dave O'Flanagan as CEO, driving a 'marketer-first' AI strategy andspearheading the unveiling of generative AI capabilities for personalised marketing experiences.

Trend Micro upends traditional cyber risk management tools with AI-driven features in Trend Vision One platform.

Trellis Data and CCL Solutions Group form a pioneering partnership to revolutionise law enforcement with an integrated platform offering AI-enhanced digital forensics capabilities.

Cayosoft reports a 56% surge in annual recurring revenue in 2023, driven by rising need for its AD recovery solution amidst a 172% increase in AD outages since 2021.

KnowBe4 plans to acquire Egress, enhancing its AI-driven cybersecurity platform to effectively manage human risk amid increasing email security threats.

Employment Hero aims to reduce payroll processing times for Australian SMEs by up to 80% through the integration of advanced AI and automation technologies.

Basware has launched an AI-based solution, AP Protect, aimed at helping companies shield from invoice fraud and errors.

Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.

Akamai Technologies' API Security product has achieved PCI DSS 4.0 compliance, enhancing security for businesses storing or processing card data.

Australian supply chain firm, Peacock Bros., acquires leading identification solutions company, insignia, boosting its product offerings and regional presence.

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.

ITC Infotech announces plans to acquire Pune-based cloud services specialist Blazeclan Technologies, aligning with strategic objectives to boost Multi-Cloud capability and fast-track client digital transformations.

Wireless Logic gains authorised reseller status for SpaceX's Starlink, enhancing global IoT deployment capabilities by incorporating Low Earth Orbit satellite connectivity.

UK retailer The Range partners with one of Europe's largest dropshipping platforms, Virtualstock, in a strategic move to elevate online sales and streamline operations.

AI-powered retail personalisation is stepping up. Aiming for true one-to-one custom experiences, the industry leans into predictive AI, driven by robust data, to stay competitive.

Despite the proven benefits, the untapped potential of data and AI within the mining industry remains overlooked due to traditional mindset, uncertain ROI and a lack of skills and expertise.

Data and AI firm Databricks experiences a 70% YoY increase in its EMEA operations, driven by surging demand for data and AI capabilities.