Mergers and Acquisitions (M&A) stories - Page 13

LogicMonitor has secured an investment of USD $800 million, raising its valuation to approximately USD $2.4 billion to enhance its AI-driven observability platform.

LogicMonitor secures a USD $800 million investment, boosting its valuation to USD $2.4 billion and enhancing its AI-driven data centre solutions.

A study by Nemertes shows Alkira's infrastructure-as-a-service platform offers firms significant benefits, cutting network provisioning time by 96%.

Softsource vBridge has acquired The Laptop Company in a bid to form one of New Zealand's largest privately-owned IT groups, boosting service capabilities.

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

EY has launched 'EY Competitive Edge', a cloud platform using AI to provide critical insights from a vast data pool for strategic business decisions.

Bain and Company's latest report predicts AI market to grow to $990 billion by 2027, driven by generative AI and sovereign AI ecosystems.

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.

Yariv Dafna, with nearly 20 years of finance and business management experience, joins Infobip as CFO to help drive the company's continued growth.

AMD to acquire ZT Systems for USD $4.9 billion, enhancing its AI strategy and data centre capabilities. The deal, featuring contingent payments, closes H1 2025.

HSO, expanding its global footprint in AI, acquires New Zealand-based Aware Group to enhance its business-relevant AI solutions using Microsoft Cloud technology.

Zendesk appoints AI strategy expert Lila Tretikov to its Board of Directors, enhancing the company's focus on leveraging AI to boost customer experience.

Spinnaker Support launches global third-party support for VMware following Broadcom's acquisition and the shift to a costly subscription model.

ECI Software Solutions has acquired ProfitKey International to boost its ERP offerings for discrete manufacturers. Financial terms weren't disclosed.

DLA Piper has announced significant promotions, elevating Edward Eisdell-Moore and Kate Rogers to Special Counsel, with Mary McCartin now a Senior Associate.

Tricentis has acquired SeaLights to boost AI-powered quality engineering, enhancing insights into code and test integrations in the CI/CD pipeline.