Acquisition Stories - Page 39

Asian Stories

Acquisition stories

Singapore firms predict AI talent demand, face local hiring issues

Deel's latest survey reveals 86% of large Singaporean firms expect AI demand to rise, yet 39% face challenges in sourcing qualified AI talent locally.

By Kaleah Salmon • 3 min read • Thu, 22nd Aug 2024

Artificial Intelligence

LG invests USD $10 million in SBVA's Alpha Intelligence Fund

LG Electronics pledges USD $10 million to SBVA's Alpha Intelligence Fund, targeting AI and deep-tech startup growth and future business innovation.

By Kaleah Salmon • 3 min read • Thu, 22nd Aug 2024

Yahoo

Princeton Digital acquires Yahoo's Singapore data centre SG3

Princeton Digital Group has acquired Yahoo's SG3 data centre in Singapore, strengthening its infrastructure and expanding its footprint in the region.

By Kaleah Salmon • 2 min read • Fri, 16th Aug 2024

Global Stories

Acquisition stories

Software-as-a-Service

Apromore appoints Brandee Sanders as new chief marketing officer

Apromore names Brandee Sanders as new CMO, underscoring its commitment to growth and innovation in the AI and process mining space.

By Catherine Knowles • 3 min read • Fri, 23rd Aug 2024

Artificial Intelligence

Exclusive: Greenbox's CEO discusses e-waste, AI, and future growth

Ross Thompson, CEO of Greenbox, targets a global shift in e-waste management, leveraging AI and sustainability to drive future growth in the circular economy.

By Melania Watson • 5 min read • Fri, 23rd Aug 2024

Software-as-a-Service

Veeam tops enterprise backup market with $1.5 billion revenue

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.

By Shannon Williams • 3 min read • Thu, 22nd Aug 2024

Hyperscale

AI success—and what data storage has to do with it

Cloud services and AI innovations are transforming data storage demands. Hard drives remain vital, offering cost-efficiency over flash in data centres.

By Jason Feist • 6 min read • Thu, 22nd Aug 2024

EduTech

Exclusive: A look at HPE Aruba Networking's Wi-Fi 7, AI solutions

HPE Aruba Networking unveils AI-powered, security-first solutions and upcoming Wi-Fi 7 technology, aiming to meet diverse regional demands and drive innovation.

By Melania Watson • 5 min read • Thu, 22nd Aug 2024

Security Information and Event Management

Splunk named leader in Gartner Magic Quadrant for 2024

Splunk continues to dominate in observability as it secures its place as a Leader in the 2024 Gartner Magic Quadrant, following notable integration of Cisco AppDynamics.

By Kaleah Salmon • 2 min read • Thu, 22nd Aug 2024

DevOps

Umbraco acquires Dutch firm uMarketingSolutions for CMS enhancement

Umbraco acquires uMarketingSolutions to integrate advanced analytics, personalisation, and marketing automation into its CMS platform, enhancing user engagement and conversion.

By Catherine Knowles • 3 min read • Wed, 21st Aug 2024

Customer Experience

Infobip appoints Yariv Dafna as new Chief Financial Officer

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

By Imee Dequito • 3 min read • Wed, 21st Aug 2024

Hyperscale

AMD acquires ZT Systems in a USD $4.9 billion AI strategy move

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.

By Sean Mitchell • 3 min read • Wed, 21st Aug 2024

Software-as-a-Service

AppOmni appoints Joel Wallenstrom as new General Manager

AppOmni appoints Joel Wallenstrom as General Manager to spearhead its SaaS security initiatives, integrating Product, Engineering, and Customer Success disciplines.

By Imee Dequito • 3 min read • Wed, 21st Aug 2024

EduTech

D2L acquires H5P Group, launches AI-powered D2L Lumi

D2L acquires H5P Group and launches D2L Lumi, an AI-powered tool designed to enrich learning experiences and streamline educational content creation.

By Melania Watson • 3 min read • Wed, 21st Aug 2024

EduTech

Exclusive: Entrust discusses future of digital identity and security

Entrust has revealed their strategic focus on evolving digital security, with a keen eye on zero trust and digital identity initiatives.

By Melania Watson • 4 min read • Tue, 20th Aug 2024

Microsoft

Lumify Group acquires Wizard Corporate Training to expand portfolio

Lumify Group has acquired Wizard Corporate Training, expanding its portfolio with 25 new professional development courses to enhance training solutions across Australasia.

By Imee Dequito • 2 min read • Tue, 20th Aug 2024

Software-as-a-Service

CVC acquires significant stake in global software firm Epicor

CD&R and CVC will co-own Epicor, a leader in enterprise SaaS, under a new agreement enhancing SaaS migration and global expansion; financial terms undisclosed.

By Catherine Knowles • 4 min read • Fri, 16th Aug 2024