Acquisition stories - Page 44

Leading software firm Symbio Holdings ushers in a new era of innovation under the leadership of Michael Omeros, the newly appointed CEO, amidst its strategic growth efforts as part of Aussie Broadband Group.

Global recruitment company, The IN Group, confirms Charlotte Roberts as their new Chief People Officer to cultivate employee engagement and guide global people strategy.

Workday reports 17% YoY fiscal growth and outlines plans to acquire AI-backed talent orchestration firm, HiredScore, to enhance its CFO solutions portfolio.

Indonesian digital finance platform JULO achieves over USD $120 million in annual recurring revenue, adds a 50% rise in loan disbursement and records breakeven point, underpinning its mission of financial inclusion.

Entry-level omnichannel capabilities reported in just 11% of firms, in spite of those companies with strong strategies seeing a 9.5% annual income increase and a 7.5% reduction in contact costs.

In a major digital expansion, Australasian advisory firm Findex has acquired the Microsoft Business Applications practice from FiveP.

FranConnect enhances its position as a market leader by acquiring RizePoint, an international QMS provider, marking its third take-over in four years in its ongoing expansion strategy.

Mobile app installs globally rose by 4% in 2023, marking a recovery in the industry and highlighting the potential for returns, according to a report by analytics firm Adjust and AppLovin.

Jersey Telecom’s acquisition of Australian tech company Spectrum bolsters the fight against online payment fraud, reinforcing security on a global scale.

Amid a period of substantial growth, Nest Commerce appoints former Dentsu Managing Director, Chris Howard, as their new Chief Operating Officer to propel ecommerce clientele into further expansion.

Colt Technology Services, in collaboration with Versa Networks, delivers its 1,000th SD-WAN service across 55 countries, significantly reducing global customers' connection time and enhancing network security.

Tufin acquires network monitoring firm AKIPS, strengthening its capability to provide comprehensive network visibility and bolstering its position in cloud security management.

In a bid to boost its eCommerce capabilities, Target Darts has enlisted the expertise of digital media company Brave Bison following a surge in popularity and expansion.

App installs worldwide witnessed a 4% increase in 2023, revitalising sectors like fintech, gaming, and e-commerce, despite a downward trend last year, according to a report by Adjust and AppLovin.

China's international B2B MNCs are using social media as a primary marketing channel, with 70% planning to increase their marketing budget in 2024, according to KAWO's recent report.

The Cloud Security Alliance has released new guidance on utilising DevSecOps for a secure cloud computing system, underscoring collaboration as key to its success.

Nib New Zealand reports a robust H1 FY24 financial performance with a significant 3.7% growth in private health insurance policyholders.

Delinea's impending acquisition of Fastpath is set to disrupt the privileged access control landscape, driving a new era in identity security through an AI-driven authorisation security platform.

Internet pioneer Scott Hicks is now CEO of digital infrastructure group iseek, following the firm's acquisition of his business, YourDC. Hicks plans to boost iseek's growth trajectory.

Australian logistics software firm WiseTech Global outstrips forecasts with a 32% surge in half-year revenue to AUD $500.4 million, buoyed by the robust performance of the CargoWise platform.