Acquisition stories - Page 23

Arrow Electronics has been appointed by Broadcom as the Cloud Commerce Manager for VMware Cloud Service Provider partners across 19 European countries.

Scottish tech firm Waracle wins multi-million-pound contract to enhance SP Energy Networks' digital initiatives, boosting EV chargers and more.

Teleport partners with TD Synnex to streamline and expand secure infrastructure access solutions, enhancing options for protection against identity-based cyber attacks.

Zoom Video Communications surpasses fiscal Q2 guidance with USD $1,162.5 million revenue, driven by AI-powered tools; records a 33.7% rise in operating cash flow.

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

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.

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.

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

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

Actica Consulting has acquired Ntegra to bolster its digital transformation and cybersecurity services, creating new cross-selling opportunities.

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.

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

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.

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

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.

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

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

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

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