Acquisition stories - Page 24

Infinigate's Q1 FY 2024-25 saw a 16% YoY revenue boost, driven by strong European growth and strategic acquisition of Wavelink in Australia and New Zealand.

Lentra joins the AWS ISV Accelerate Program, aiming to enhance digital lending for banks with its cloud-powered solutions, having processed USD $20 billion in loans.

Visa Cross-Border Solutions, in partnership with Currencycloud, is revolutionising B2B payments in Australia by enhancing multi-currency transactions.

Zendesk appoints AI strategy expert Lila Tretikov to its Board of Directors, enhancing the company's focus on leveraging AI to boost customer experience.

Crunchyroll surpasses 15 million monthly paying subscribers, marking a milestone for the company and the global anime industry, reflecting its growing appeal.

impact.com launches impact.com/advocate in Southeast Asia to boost brand trust through customer referrals and social media influence, addressing modern consumer behaviour.

Spinnaker Support launches global third-party support for VMware following Broadcom's acquisition and the shift to a costly subscription model.

DXC Technology has completed integrating an SAP S/4Hana ERP system at Whitehaven Coal's Daunia and Blackwater mines, doubling their operational capacity.

Canva has acquired Leonardo.AI, a cutting-edge AI content platform, to boost its design tools, enhancing capabilities for over 190 million users.

Cashrewards has acquired Little Birdie, aiming to bolster its cashback platform with advanced product search and price comparison tools in time for Black Friday.

Bugcrowd's new CASPT solution aims to enhance security insights and provide continuous compliance, reducing organisations' exposure to external threats.

Centuria Capital to acquire a 50% stake in ResetData for USD$21 million, aiming to expand revenue through LIC technology and boost property valuations.

ECI Software Solutions has acquired ProfitKey International to boost its ERP offerings for discrete manufacturers. Financial terms weren't disclosed.

SentinelOne has named Alex Stamos as CISO. Stamos, formerly with Meta and Yahoo!, aims to drive secure system development amidst rising cyber threats.

Optimizely promotes Shafqat Islam to President, strengthening ties between product, marketing, and engineering; annual recurring revenue tops USD $400 million.

IBM Cloudability has been named a leader in cloud cost management by Forrester Research, excelling in 20 of 25 criteria within the Q3 2024 Forrester Wave report.

Atturra completes acquisition of Exent for up to AUD $8 million, enhancing its advisory and consulting capabilities and expanding its national reach.

Tollring inks a strategic equity alliance with Amity Solutions to enhance its voice analytics with Generative AI, aiming for global expansion.

Incubeta names Ash Rane as APAC Client Director for Data, bolstering its expertise post-Persuasion acquisition and Sam Shennan's promotion to Regional CEO.

LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).