Acquisition stories - Page 6

Chaos has acquired EvolveLAB, enhancing its design-to-visualisation solutions for the AEC industry, particularly through innovative AI technologies.

LexisNexis Risk Solutions has acquired IDVerse, enhancing its AI-powered risk and fraud solutions to bolster identity verification and onboarding processes.

Senetas has sold its subsidiary Votiro to Menlo Security for USD $37.5 million, a strategic move expected to enhance its position in the cybersecurity market.

Tusk Logistics has unveiled its innovative Tusk Operations Platform, backed by $2 million in funding, aiming to revolutionise shipping management for users.

Arctic Wolf has announced the completion of its acquisition of Blackberry's Cylance, integrating its advanced security capabilities into the Aurora platform.

Amadeus has appointed Carol Borg as Chief Financial Officer, effective 5 May, bringing over 30 years of finance expertise to the travel tech leader.

SolarWinds has struck a deal to be acquired by Turn/River Capital for around USD $4.4 billion, offering shareholders a premium of 35% per share.

KOMI Group has announced a remarkable 45% rise in annual turnover, bolstered by a 77% surge in Q4 revenues, as the Manchester-based digital media firm plans US expansion.

DoiT has acquired PerfectScale, a Kubernetes optimisation platform, to bolster its ability to manage and secure containerised workloads more efficiently.

AttackIQ has acquired DeepSurface to enhance its cybersecurity services, aiming to improve risk management and bolster protections against cyber threats.

Appfire has acquired Flow, a prominent Software Engineering Intelligence platform, from Pluralsight, aiming to boost support for engineering teams.

Databricks has acquired BladeBridge to simplify enterprise data warehouse migrations, aiming to enhance efficiency and performance for over ten thousand customers.

UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.

Sophos has acquired Secureworks for USD $859 million, solidifying its position as a top cybersecurity provider with enhanced comprehensive services.

A recent report from Nest Commerce reveals a 38% boost in year-on-year conversion rates for ecommerce brands using full-funnel strategies, amidst a £100 million media spend.

Employment Hero has surpassed AUD $250 million in annualised recurring revenue, bolstering its mission to streamline employment processes for over 300,000 global businesses.

Sophos has acquired Secureworks for USD $859 million, enhancing its Managed Detection and Response services for over 28,000 global organisations.

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

Arctic Wolf has acquired BlackBerry's Cylance to boost its Aurora platform, integrating advanced AI-driven security capabilities for enhanced endpoint protection.

Mirantis has unveiled Rockoon, an open-source toolset aimed at simplifying OpenStack management on Kubernetes amidst rising interest following Broadcom's VMware acquisition.