Acquisition stories - Page 8

Arctic Wolf has agreed to acquire Cylance from BlackBerry for USD $160 million, integrating its AI-powered security into the Aurora Platform.

Neo4j is backing the creation of DXC Technology's Career Navigator, enhancing employee skill management and improving retention from 24% to under 15%.

Loop has acquired Wonderment to improve eCommerce operations, offering Shopify merchants enhanced order tracking and returns management tools.

Voluntas Elevate and Afinico have teamed up to support New Zealand businesses in scaling from $1 million to $100 million in annual revenue.

LexisNexis Risk Solutions has announced plans to acquire IDVerse, aiming to enhance its fraud management capabilities with AI-powered technology.

Cohesity has acquired Veritas' data protection business, becoming the largest provider in the sector with a valuation above $7 billion and over 12,000 clients.

Loop has acquired Wonderment to enhance its commerce operations for Shopify merchants, combining AI insights with real-time shipment tracking.

AppsFlyer’s 2024 report reveals a shift towards hybrid monetization in apps, essential for optimising revenue as user acquisition costs rise.

Jamie Cairns of Fluent Commerce anticipates that 2025 will see a surge in AI utilisation and a stronger focus on customer loyalty in retail.

Forrester's latest report reveals over 80% of business buyers are unhappy with their providers, highlighting pressing challenges in B2B purchasing.

A new analysis reveals that 50% of cybersecurity incidents during M&A processes in 2024 were non-malicious, highlighting significant security challenges.

Orbus Software has acquired Sydney-based Capsifi to enhance its OrbusInfinity platform, aiming for a more robust enterprise transformation solution.

Equinix has appointed Cyrus Adaggra as President for the Asia-Pacific region, a role vital for addressing customer demands in a tech-driven landscape.

A recent survey reveals that 79% of VMware customers are satisfied with their software but are concerned about rising costs and licence changes post-Broadcom acquisition.

Titania has appointed Victoria Dimmick as CEO, aiming to enhance its proactive cybersecurity offerings amid rising threats to critical national infrastructure.

Wildstone has appointed Stuart Smith as its new Chief Financial Officer to oversee financial activities amid its international expansion efforts.

BillingPlatform has been named the overall Leader in the 2024 SPARK Matrix for Subscription & SaaS Billing Management Applications, marking its second consecutive year at the top.

TeamViewer has announced the acquisition of London-based 1E for USD $720 million, aiming to enhance its digital workplace offerings by 2025.

Cohesity has completed its merger with Veritas' data protection division, becoming the largest global provider in the sector and valued at over USD $7 billion.

TeamViewer has announced its largest acquisition to date, acquiring 1E for USD $720 million to enhance its digital employee experience solutions.