Mergers and Acquisitions (M&A) stories - Page 17

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.

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

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

Siemens has reached an agreement to acquire Altair Engineering for an enterprise value of approximately USD $10 billion, enhancing its industrial software capabilities.

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

Actica, supported by Sovereign Capital Partners, has acquired Gemba Advantage to strengthen its technology and cybersecurity capabilities for public sector clients.

ScaleWise has acquired Pug & Bear to combat declining UK startup graduation rates from Seed to Series A funding, which dropped from 12.5% to 4.5%.

TTC Group has appointed Roy Hastings as CFO to drive expansion into regulated training markets following strategic acquisitions including Miad Healthcare.

Bluprintx has appointed Mark Humphries as Chair, aiming to boost its global growth following the recent acquisition of ITG Commerce.

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

ShopFully, MEDIA Central, and Flipp merge to form the largest global 'drive-to-store' marketing firm, serving 400 million shoppers across 27 markets.

Logpoint has acquired Muninn to bolster its cybersecurity suite, integrating AI-driven NDR capabilities into its SIEM platform to enhance threat detection and response.

UK CEOs are growing optimistic and shifting towards proactive deals. Investment in tech and strategic transactions are key.

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.

Hybrid Anchor, based in Coatbridge, has acquired Edinburgh tech support firm Off Canvas, creating 40 jobs over three years amid its expansion strategy.

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.