Acquisition stories - Page 16

A Gartner report forecasts that 30% of enterprises will automate more than half of their network activities by 2026, leveraging AI and intelligent automation.

Veeam appoints former Alcion co-founder Niraj Tolia as new CTO to drive product strategy, integrating AI-driven solutions to bolster data resilience.

Rimini Street has reported a surge in global clients opting for its VMware support services, enabling them to extend the life of their VMware licenses.

Patrick Morley, ex-CEO of Carbon Black, joins Bugcrowd's board as the company grows, securing USD $102 million funding and 130 new customers in 2024's first half.

Xero acquires Syft Analytics for up to USD $70 million to boost its global analytics, reporting, and benchmarking capabilities for small businesses and accountants.

Vertiv has named Frank Poncheri as Chief Human Resources Officer, with a mission to strengthen the company's culture and strategic priorities.

ColorTokens acquires PureID to enhance its Xshield Microsegmentation Platform with advanced identity-based segmentation, boosting security for IoT, cloud, and user environments.

Cloudera is enhancing its AI strategy by capitalising on over a decade of data expertise, aiming to streamline AI integration for enterprises globally.

Ericsson has unveiled an Enterprise 5G portfolio to accelerate 5G adoption in businesses, offering private and neutral host solutions for enhanced connectivity and efficiency.

Trading app downloads soar by 47% in 2024, with 7.3 million new users added, reports SplitMetrics. Trade Republic leads new user gains, Robinhood tops lifetime downloads.

ECI Software Solutions appoints Ray Wizbowski as chief marketing officer, to drive brand growth and enhance customer engagement.

Businesses must navigate complexities to unlock the ROI in AI and automation, focusing on data management, security, and strategic implementation.

Oracle and Imagene launch CanvOI, a pan-cancer model on Oracle Cloud, aiming to revolutionise global cancer diagnosis and treatment with AI-driven oncology intelligence.

SugarCRM appoints David Roberts as new CEO, succeeding Craig Charlton. Roberts to drive global growth and innovation as Charlton becomes Chairman.

DoorDash leverages Oracle NetSuite for growing over 37 million active consumers monthly in 30+ countries, connecting buyers with 500,000+ local businesses.

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.

Logicalis has appointed Arissa Wong as Vice President of Human Resources for the APAC region, aiming to enhance employee experience and talent strategies.

Absolute Security acquires Syxsense to boost its Cyber Resilience platform, aiming to secure and manage PC endpoints from firmware level, targeting markets worth USD $35 billion.

StackAdapt appoints Cassandra Hudson as CFO, its first female in the role, to solidify market position with her extensive finance and tech experience.