Acquisition stories - Page 49

Auctane has bolstered its executive team, appointing sales veteran Matt Schurk as Chief Sales Officer and HR expert Sara Feulner as Chief Human Resources Officer.

FPT surpasses $1bn in global IT service revenue, amid successful acquisitions and the launch of new automotive tech subsidiary.

Colt Technology Services positions Yasutaka Mizutani as its Asia Pacific President, in a move to intensify the UK-based executive's responsibility over the company's operations in Asia.

BW Digital is set to launch commercial 400GbE services on the Hawaiki transpacific cable, tapping Ciena's GeoMesh Extreme network solution.

M&A activity in Q4-2023 witnessed a record low due to factors like inflation and geopolitical instability, making deal numbers slide 27% globally.

Australian ed-tech startup Getmee secures funding led by Access Capital Ventures to facilitate its AI-supported English coaching platform's expansion.

Indosat and BDx Indonesia intensify partnership for digital evolution with the procurement of a portfolio of carrier-neutral colocation and edge sites across key Indonesian cities.

Zendesk enhances its customer experience (CX) solutions by acquiring AI firm Klaus, aiming to optimise agent performance and increase customer interaction quality.

Hewlett Packard Enterprise (HPE) has agreed to acquire AI-native networks leader Juniper Networks for $14bn, a move set to double HPE's networking business and strengthen its edge-to-cloud strategy.

Security firm Delinea acquires key cloud-based identity threat detection player Authomize, aiming to bolster its Privileged Access Management solutions and improve defences against identity-based attacks.

CommScope concludes divestiture of its Home Networks Business to Vantiva, gaining a 25% stake and potential $100m earn-out, set to minimally affect 2024 EBITDA outlook.

Calabrio acquires AI and virtual agent performance solutions firm, Wysdom, aimed at optimising their customer service with enhanced AI and machine learning.

Virtualstock urges retail companies to use strategic M&A activities to bolster their supply chains, in light of rising volatility.

Alienware has launched the Pro Wireless Mouse and Keyboard, its first peripherals aimed at competitive gaming, which debuted at CES 2024 and was inspired by professional esports athletes.

Gamma Communications cements its leadership in Europe's communication services by acquiring EnableX Group, integrating further value into their UCaaS space and bolstering partner growth opportunities.

Hitachi Payment Services bolsters its position in India's payments industry with the acquisition of Writer Corporation’s Cash Management Business, now rebranded as Hitachi Cash Management Services.

SonicWall has expanded its cloud security capabilities with the takeover of Banyan Security, known for its innovative Security Service Edge solutions.

RELEX Solutions bolsters its supply chain optimisation capabilities by acquiring Optimity, offering a unified platform for production and distribution planning.

Satellite Internet of Things technology is emerging as a key tool in global environmental sustainability initiatives, according to Ground Control.

AI-led security firm SentinelOne reveals plan to acquire cloud protection provider PingSafe, aiming to redefine cloud safety by integrating advanced AI and CNAPP capabilities.