Mergers and Acquisitions (M&A) stories
EY has launched 'EY Competitive Edge', a cloud platform using AI to provide critical insights from a vast data pool for strategic business decisions.
TTC Group has appointed Roy Hastings as CFO to drive expansion into regulated training markets following strategic acquisitions including Miad Healthcare.
Bain and Company's latest report predicts AI market to grow to $990 billion by 2027, driven by generative AI and sovereign AI ecosystems.
ShopFully, MEDIA Central, and Flipp merge to form the largest global 'drive-to-store' marketing firm, serving 400 million shoppers across 27 markets.
Workday unveils twelve new Industry Accelerators, partnering globally to help customers modernise HR and finance across various sectors.
Xero acquires Syft Analytics for up to USD $70 million to boost its global analytics, reporting, and benchmarking capabilities for small businesses and accountants.
Progress to acquire ShareFile from Cloud Software Group for $875 million, enhancing its AI-powered collaboration services. Deal to close by 30 Nov 2024.
Syniti's data-first methodology is revolutionising digital transformations, driving efficiency and savings for global industries via tailored enterprise data management.
Veeam Software has topped Gartner's 2024 Enterprise Backup and Recovery Software market with a 15.1% share and USD $1.5 billion in revenue.
Swoop has reported a 15% rise in recurring revenues for Q1 FY25 and reaffirmed its bid for Vonex Limited amid ongoing growth in Australia.
Actica, supported by Sovereign Capital Partners, has acquired Gemba Advantage to strengthen its technology and cybersecurity capabilities for public sector clients.
ScaleWise has acquired Pug & Bear to combat declining UK startup graduation rates from Seed to Series A funding, which dropped from 12.5% to 4.5%.
Banked has acquired Australian payment technology firm Waave, aiming to dominate the real-time payments market and enhance the Pay by Bank experience.
Bluprintx has appointed Mark Humphries as Chair, aiming to boost its global growth following the recent acquisition of ITG Commerce.
SailPoint's latest report reveals that advanced identity security practices enhance value for organisations, with 83% experiencing fewer security issues in 2023.
People First Bank has reported a 29% net profit increase to USD $41.4 million in its first year post-merger, alongside significant technological advancements.
Logpoint has acquired Muninn to bolster its cybersecurity suite, integrating AI-driven NDR capabilities into its SIEM platform to enhance threat detection and response.
UK CEOs are growing optimistic and shifting towards proactive deals. Investment in tech and strategic transactions are key.
Swoop has made a non-binding offer to acquire Vonex, outbidding MaxoTel's June scheme with a $0.040 per share proposal, aiming to create a national telecom giant.
Hybrid Anchor, based in Coatbridge, has acquired Edinburgh tech support firm Off Canvas, creating 40 jobs over three years amid its expansion strategy.