Acquisition stories - Page 6

UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.

Sophos has acquired Secureworks for USD $859 million, solidifying its position as a top cybersecurity provider with enhanced comprehensive services.

A recent report from Nest Commerce reveals a 38% boost in year-on-year conversion rates for ecommerce brands using full-funnel strategies, amidst a £100 million media spend.

Employment Hero has surpassed AUD $250 million in annualised recurring revenue, bolstering its mission to streamline employment processes for over 300,000 global businesses.

Sophos has acquired Secureworks for USD $859 million, enhancing its Managed Detection and Response services for over 28,000 global organisations.

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

Arctic Wolf has acquired BlackBerry's Cylance to boost its Aurora platform, integrating advanced AI-driven security capabilities for enhanced endpoint protection.

SAS has been named a category leader in Chartis Research's Model Risk Management Solutions 2024 report for the 11th consecutive year, showcasing its dominance in model governance.

Mirantis has unveiled Rockoon, an open-source toolset aimed at simplifying OpenStack management on Kubernetes amidst rising interest following Broadcom's VMware acquisition.

BackBox has launched its Network Cyber Resilience Platform and reported record profits in 2024, marking a historic financial success for the firm.

DoiT has secured two prestigious Microsoft partner designations, boosting its capabilities in Modern Work and Digital & App Innovation on Azure.

Exabeam has appointed Andrew Balestrieri as Regional Sales Manager for Australia and New Zealand, bringing 30 years of IT and cybersecurity experience.

LG Electronics has acquired a controlling 51% stake in Bear Robotics, enhancing its AI-driven robotics capabilities as part of a strategic growth initiative.

New Zealand stands on the brink of becoming a global tech leader, but it must cultivate more sustainable start-ups rather than focusing solely on unicorns.

Retailers face a survival battle in 2025, with economic pressures and customer expectations reshaping the eCommerce landscape following a strong 2024 peak season.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

Clay has raised USD $40 million in Series B funding, boosting its valuation to USD $1.25 billion following impressive revenue growth and strategic acquisitions.

SmartBear has appointed Vineeta Puranik as its new Chief Technology Officer, aiming to enhance its technology strategy amid rapid AI advancements.

Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.

The HR software market is projected to grow from USD $20.16 billion in 2024 to USD $30 billion by 2032, driven by demand for innovative, cloud-based solutions.