CFOtech Canada - Technology news for CFOs & financial decision-makers

Acquisition stories - Page 7

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Nextiva survey reveals CX's growing importance for revenue

Fri, 31st Jan 2025
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cx
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martech
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ai
A recent survey reveals a pivotal shift in customer experience's significance, with 96% of CX leaders reporting corporate recognition as a revenue driver.
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BackBox unveils network platform, reports record profits

Fri, 31st Jan 2025
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data protection
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business continuity
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backbox
BackBox has launched its Network Cyber Resilience Platform and reported record profits in 2024, marking a historic financial success for the firm.
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DoiT earns dual Microsoft partner designations for Azure

Fri, 31st Jan 2025
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hyperscale
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cx
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martech
DoiT has secured two prestigious Microsoft partner designations, boosting its capabilities in Modern Work and Digital & App Innovation on Azure.
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VR mobile games on Android see 60% growth, 13 million new users

Thu, 30th Jan 2025
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gaming
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digital entertainment
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ar, vr & metaverse
A new study by SplitMetrics reveals a remarkable 60% increase in new Android VR game users, with 13 million joining in 2024, marking record growth.
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LG acquires majority of Bear Robotics to boost AI robots

Wed, 29th Jan 2025
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robots
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digital transformation
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supply chain
LG Electronics has acquired a controlling 51% stake in Bear Robotics, enhancing its AI-driven robotics capabilities as part of a strategic growth initiative.
Rob hango zada  co founder and co ceo  shippit  1

Battle for survival: Turning peak season learnings into 2025 strategies

Tue, 28th Jan 2025
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data analytics
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cx
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martech
Retailers face a survival battle in 2025, with economic pressures and customer expectations reshaping the eCommerce landscape following a strong 2024 peak season.
Wayne johnson ceo co founder

Real-time KYC: Tipping the balance in corporate banking's digital revolution

Tue, 28th Jan 2025
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data analytics
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digital transformation
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fintech
As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.
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Clay secures USD $40 million, valued at USD $1.25 billion

Fri, 24th Jan 2025
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cx
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martech
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agentic ai
Clay has raised USD $40 million in Series B funding, boosting its valuation to USD $1.25 billion following impressive revenue growth and strategic acquisitions.
Vineeta puranik  smartbear cto

Vineeta Puranik appointed as CTO at SmartBear

Fri, 24th Jan 2025
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ai
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cybersecurity
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software engineering
SmartBear has appointed Vineeta Puranik as its new Chief Technology Officer, aiming to enhance its technology strategy amid rapid AI advancements.
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Databricks secures USD $10bn funding, USD $5.25bn credit

Thu, 23rd Jan 2025
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data analytics
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genai
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ai
Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.
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Global clickstream analytics market to reach USD $4.84bn

Thu, 23rd Jan 2025
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uc
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data analytics
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digital transformation
The global clickstream analytics market is set to expand from USD $1.71 billion in 2025 to USD $4.84 billion by 2033, driven by rising eCommerce and smart analytics.
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HR software market to reach USD $30 billion by 2032

Thu, 23rd Jan 2025
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data analytics
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hcm
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workforce technology
The HR software market is projected to grow from USD $20.16 billion in 2024 to USD $30 billion by 2032, driven by demand for innovative, cloud-based solutions.
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EPAM Systems expands partnership with Google Cloud for AI

Thu, 23rd Jan 2025
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data analytics
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digital transformation
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power / energy
EPAM Systems is expanding its partnership with Google Cloud to deliver AI-powered solutions across media, energy, and retail sectors, driving digital transformation.
Teranode ceo  giuliano di vitantonio

Teranode Group launch with focus on enterprise blockchain

Thu, 23rd Jan 2025
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martech
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physical security
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cisco
The newly established Teranode Group has launched to offer enterprise blockchain solutions, appointing Giuliano Di Vitantonio as its CEO.
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Teranode Group launched to lead blockchain innovation

Wed, 22nd Jan 2025
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martech
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physical security
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cisco
The Teranode Group has officially launched to spearhead blockchain innovation, uniting industry expertise to deliver scalable, cost-effective solutions.
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Boba Mint acquires 50% stake in Werd Studios for USD $2.55M

Tue, 21st Jan 2025
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investment
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distributed ledger technology
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venture capital
Boba Mint Holdings plans to acquire a 50% stake in Toronto's Werd Studios for USD $2,550,000, aiming to enhance its blockchain gaming initiatives.
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Nu E Power considers acquiring Blu Dot Systems for CAD $4.59m

Tue, 21st Jan 2025
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clean technologies
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shares
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renewable energy
Nu E Power has announced plans to acquire Blu Dot Systems, exchanging 8,500,000 shares valued at CAD $0.54 each, as part of its renewable energy strategy.
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AvePoint completes acquisition of Ydentic to boost MSP growth

Tue, 21st Jan 2025
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cybersecurity
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avepoint
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it management
AvePoint has completed its acquisition of Ydentic to enhance its MSP platform, aiming for increased efficiency and new security revenue streams.
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Cryptocurrency investments rise in anticipation of Trump era

Tue, 21st Jan 2025
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crypto
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blockchain
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cartech
Cryptocurrency investments are surging globally as investors anticipate Donald Trump's inauguration, coinciding with a bullish outlook on digital assets.
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Employment Hero acquires Humi for over CAD $100 million

Thu, 9th Jan 2025
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hcm
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workforce technology
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global expansion
Employment Hero has acquired Canadian platform Humi for over CAD $100 million, aiming to expand into Canada's SME market with tailored employment solutions.