Acquisition stories - Page 25

Red Hat allies with Stability AI to integrate open GenAI models into Red Hat's OpenShift AI, offering clients easier access to large language models for AI use case development.

Lumify Work becomes a VCF Authorised Education Delivery Partner for VMware by Broadcom in Australia and New Zealand.

Abi Nourai named new Regional Vice President for ANZ at tech giant MongoDB, set to accelerate AI adoption and business growth in the region following his strategic success in the UK.

Jitesh S. Ghai, a veteran in AI, data and cloud technologies, is set to become Hyland's next President and CEO, succeeding Bill Priemer.

Former Splunk and Datto leader, Brooke Cunningham, with over 25 years in IT observability software leadership, joins SaaS-based platform LogicMonitor as chief marketing officer, driving international expansion.

Celonis maintains market lead in the Process Mining Platforms sector for the second year running, excelling in vision and execution.

Barracuda Networks taps nine-year veteran Neal Bradbury as Chief Product Officer, strengthening its cybersecurity platform development with his comprehensive industry knowledge and customer-focused approach.

Dynatrace enhances platform with Kubernetes Security Posture Management capabilities for heightened observability-driven security, following successful integration of Runecast technology.

Red Hat announces the expansion of AI-infused Red Hat Lightspeed across its platforms, leveraging generative AI to boost user productivity and streamline complex tasks in its hybrid cloud portfolio.

Automation leader Nintex bolsters global expansion strategy with the promotion of two in-house veterans, Christian Lucarelli and Tony Thomas, to lead Partner Strategy and Customer Success.

Qualys unveils CyberSecurity Asset Management 3.0, enhancing its External Attack Surface Management solution, reducing false positives by 60% and uncovering 34% more assets in an initiative to tackle hidden cyber risk.

In a move to bolster its software solutions, Rocket Software completes the $2.275 billion acquisition of OpenText's Application Modernisation and Connectivity business, tripling its customer base and increasing revenues by 60%.

GlobalLogic, part of the Hitachi Group, is recognised as an industry front-runner in the Everest Group's Software Product Engineering Services 2024 PEAK Matrix assessment.

Rocket Software ramps up its modernisation capabilities with a $2.275bn acquisition of OpenText's AMC division.

Gellify partners with CAST Imaging to accelerate digital innovation, creating new middleware to optimise legacy data in a major insurance banking institution.

Epicor has acquired AI-focused inventory planning pioneer, Smart Software, advancing their delivery of AI-integrated ERP solutions.

Exposing the myth that retail digital strategies demand three years to yield results – it's time to favour return on value in a timely 3-6 month window for growing online presence and customer engagement.

Dennis Woodside takes the reins as CEO of Freshworks, succeeding company founder Girish Mathrubootham who becomes Executive Chairman, guiding the firm to its next chapter of global growth.

ERP systems evolve as game-changers in the print management sector, helping firms streamline operations while alleviating challenges related to inventory and financial management, claims ECI Software Solutions' account executive Josh McHugh-Cullen.

Glen White, former Executive GM of Kordia Solutions, has been promoted to Executive GM - Cyber Security for telecommunications provider Kordia, tasked with fortifying its robust cybersecurity business.