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Acquisition stories

Canary Technology Solutions acquires Wyntec to expand reach
Mergers and Acquisitions

Canary Technology Solutions acquires Wyntec to expand reach

Canary Technology Solutions has acquired Wyntec, aiming to boost its Managed IT Services and strengthen its presence in Queensland's market.

By Shannon Williams • 3 min read • Thu, 7th Nov 2024
Swoop names Anthony Camilleri Head of Infrastructure
Unified Communications

Swoop names Anthony Camilleri Head of Infrastructure

Swoop has appointed Anthony Camilleri as Head of Infrastructure, aiming to enhance its Fibre Broadband services amid significant expansion in Australia.

By Imee Dequito • 3 min read • Thu, 7th Nov 2024
LinkedIn unveils AI tools to transform HR & sales roles
Generative AI

LinkedIn unveils AI tools to transform HR & sales roles

A recent LinkedIn study reveals that 10% of new job roles in 2024 are those that didn't exist in 2000, signalling a significant workforce transformation.

By Shannon Williams • 3 min read • Wed, 6th Nov 2024

Global Stories

Acquisition stories

Red Hat acquires Neural Magic to boost AI portfolio
Hybrid Cloud

Red Hat acquires Neural Magic to boost AI portfolio

Red Hat has acquired Neural Magic to enhance its generative AI capabilities, aiming to make AI more accessible across hybrid cloud infrastructures.

By Sean Mitchell • 3 min read • Wed, 13th Nov 2024
CloudCasa expands KubeVirt support for integrated backup
Virtualisation

CloudCasa expands KubeVirt support for integrated backup

CloudCasa has announced an expansion of its support for KubeVirt, enhancing backup solutions for VMs and container workloads in hybrid environments.

By Catherine Knowles • 3 min read • Fri, 8th Nov 2024
Aston Barclay partners with IDHL for digital expansion
Customer Experience

Aston Barclay partners with IDHL for digital expansion

Aston Barclay has engaged digital agency IDHL to enhance its marketing strategy, aiming to boost revenue and improve customer experience.

By Catherine Knowles • 3 min read • Thu, 7th Nov 2024
Fergus appoints new marketing & product division leads
Software Development

Fergus appoints new marketing & product division leads

Fergus has appointed Christina Knock as Vice President of Marketing and Adam Maddox as Head of Product, effective November 2024, to enhance growth.

By Imee Dequito • 2 min read • Thu, 7th Nov 2024
CrowdStrike to acquire Adaptive Shield for cloud security
Cloud Security

CrowdStrike to acquire Adaptive Shield for cloud security

CrowdStrike plans to acquire Adaptive Shield, enhancing its capabilities in identity-based protection across the cloud amidst rising cybersecurity threats.

By Sean Mitchell • 2 min read • Thu, 7th Nov 2024
Netmore Group acquires Everynet, expands global presence
Unified Communications

Netmore Group acquires Everynet, expands global presence

Netmore Group has acquired Everynet, boosting its global IoT capabilities and expanding its network to 17 countries with over 2.3 million active devices.

By Catherine Knowles • 3 min read • Tue, 5th Nov 2024
Bugcrowd appoints Trey Ford & reveals new services
DevOps

Bugcrowd appoints Trey Ford & reveals new services

Bugcrowd has appointed Trey Ford as Chief Information Security Officer for the Americas, aiming to enhance cybersecurity operations amid rapid growth.

By Imee Dequito • 2 min read • Tue, 5th Nov 2024
IFS reports record growth in Q3 2024 with key acquisitions
Manufacturing

IFS reports record growth in Q3 2024 with key acquisitions

IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.

By Kaleah Salmon • 3 min read • Tue, 5th Nov 2024
Pure Storage launches cloud solution for Azure VMware
Storage

Pure Storage launches cloud solution for Azure VMware

Pure Storage has launched its Cloud for Microsoft Azure VMware Solution, promising seamless management and potential savings of up to 40% on costs.

By Kaleah Salmon • 4 min read • Tue, 5th Nov 2024
Lucanet acquires Causal to enhance planning solutions
Software-as-a-Service

Lucanet acquires Causal to enhance planning solutions

Lucanet has acquired UK-based Causal to enhance its Financial Planning and Analysis services, marking the third acquisition in two years.

By Sean Mitchell • 4 min read • Tue, 5th Nov 2024

Stories from Other Regions

Acquisition stories

Infinigate reports GBP £1.2 billion revenue, 14% growth
Software-as-a-Service

Infinigate reports GBP £1.2 billion revenue, 14% growth

Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.

By Shannon Williams • 3 min read • Fri, 8th Nov 2024
UBDS Group acquires 3B Data Security to bolster UK cyber
Semiconductors

UBDS Group acquires 3B Data Security to bolster UK cyber

UBDS Group has acquired 3B Data Security to bolster its UK cyber security capabilities, integrating 23 employees while preserving the firm's brand identity.

By Catherine Knowles • 3 min read • Thu, 7th Nov 2024
Bain Capital acquires 80% stake in AQ Compute venture
Hyperscale

Bain Capital acquires 80% stake in AQ Compute venture

Bain Capital has acquired an 80% stake in AQ Compute, aiming to bolster its sustainable data centre operations across Europe amid rising data demands.

By Catherine Knowles • 3 min read • Tue, 5th Nov 2024
Siemens to acquire Altair Engineering for USD $10 billion
Manufacturing

Siemens to acquire Altair Engineering for USD $10 billion

Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.

By Kaleah Salmon • 3 min read • Tue, 5th Nov 2024