Acquisition stories - Page 26

STRYDE has secured 11 new seismic data processing contracts across diverse sectors and six countries since July 2023, indicating a growing influence.

Tricentis has acquired SeaLights to boost AI-powered quality engineering, enhancing insights into code and test integrations in the CI/CD pipeline.

Equinix will acquire three data centres in the Philippines from Total Information Management, marking its entry into the Filipino market.

CommScope will sell its Outdoor Wireless Networks and Distributed Antenna Systems units to Amphenol for USD $2.1 billion, aiming to streamline operations by 2025.

Deel, a global HR and payroll firm valued at USD $12 billion, has acquired Hofy, a London startup, to enhance its remote working solutions and launch Deel IT.

Sendcloud appoints Christopher Dughieri as CPTO to bolster its European shipping platform, with a focus on enhancing delivery options for merchants and consumers.

The global campaign management software market is set to soar to USD$4.8 billion by 2024 and may reach USD$10.2 billion by 2034, driven by AI and cloud innovations.

Chronos Agency has expanded into Australia, appointing Nina Jung as Chief Revenue Officer, as demand grows for sustainable ecommerce strategies focused on customer retention.

The move is pioneering a cloud-agnostic, cloud-native approach, and boosts integration for on-premises data centres with cloud services.

Device Technologies Group has acquired Venusys and Infinity, marking its first Southeast Asia expansion into Malaysia and Singapore.

Pivotel has finalised its acquisition of wholesale voice and messaging firm VoiceHub from Swoop, enhancing its services across Australia and New Zealand.

As the digital landscape evolves, CFOs must increasingly collaborate with IT to manage cloud costs and maximise efficiency, driving strategic ROI.

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

Acquiring IntegrationWorks will add 80 integration consultants to Fusion5's team and expand its reach across Australia and the UK.

Infor finalises its acquisitions of Albanero and Acumen to boost data-driven growth strategies, integrating data management and specialised consulting into its CloudSuite.

Armis achieves Protected classification through IRAP assessment, bolstering cybersecurity offerings for Australian public sector entities amidst rising foreign threats.

Digital asset platform Haruko secures USD $6 million for Southeast Asia expansion, led by White Star Capital and MMC Ventures, boosting its total funding to USD $16 million.

Nicolas Schwarzpaul has been appointed CEO of dataglobal Group, effective 1 July 2024, succeeding Dr Christian Uhl, who steps down at his request.

Weel has promoted Damon Hauenstein to CFO and COO as the company scales up, aiming to further accelerate its growth trajectory, processing AUD $500 million annually.

GoCardless and ICE InsureTech collaborate to streamline bank payment collections for insurance firms in Australia and New Zealand, enhancing efficiency and reducing costs.