Global Stories

Sophos acquires Secureworks for USD $859 million

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

By Sean Mitchell • 3 min read • Thu, 6th Feb 2025

Malware

Sophos acquires Secureworks for USD $859 million

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

By Kaleah Salmon • 3 min read • Thu, 6th Feb 2025

Data Analytics

Databricks secures USD $10bn funding, USD $5.25bn credit

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.

By Shannon Williams • 3 min read • Thu, 23rd Jan 2025

Investment

CVC & CD&R finalise investment in Epicor software firm

CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.

By Kaleah Salmon • 3 min read • Fri, 8th Nov 2024

Unified Communications

Progress to acquire ShareFile from Cloud Software for $875m

Progress to acquire ShareFile from Cloud Software Group for $875 million, enhancing its AI-powered collaboration services. Deal to close by 30 Nov 2024.

By Catherine Knowles • 3 min read • Tue, 10th Sep 2024

Banks reveal increased AI usage in response to shareholder demand

Nearly one-third of the world's largest banks now disclose AI use cases and ROI, with UK banks like Barclays and NatWest tripling AI references over the past year.

By Catherine Knowles • 3 min read • Fri, 6th Sep 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

Health Technologies

Quality Engineering Forum unveils new charter to fix tech fails

The Quality Engineering Forum has launched the first Quality Engineering Charter, aiming to mitigate tech failure risks and enhance reliability.

By Shannon Williams • 3 min read • Fri, 7th Jun 2024

Strategy

Barclays report warns of AI blind spots in buoyant investment climate

A new Barclays report warns of potential blind spots in the buoyant AI investment landscape, stressing the need to balance optimism with readiness to tackle emerging challenges until 2025.

By Kaleah Salmon • 3 min read • Thu, 28th Mar 2024

Risk & Compliance

eFlow Global reveals expansion plans to strengthen US presence

Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.

By Catherine Knowles • 3 min read • Thu, 18th Jan 2024

Stories from Other Regions

Marketing Technologies

AI-managed data will help retailers avoid another sales slump in 2025

Retailers are gearing up for a recovery in 2025 by leveraging AI to harness customer data, aiming to tailor their offerings amidst changing consumer habits.

By Matthew Biboud-Lubeck • 6 min read • Fri, 31st Jan 2025

Risk & Compliance

Citi & Barclays invest in Validis for banking innovation

Citi and Barclays have invested in Validis to boost banking innovation, focusing on automated data standardisation for improved lending processes.

By Kaleah Salmon • 2 min read • Fri, 17th Jan 2025

Artificial Intelligence

GaiaLens wins ESG innovation funding for anti-greenwashing

GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.

By Catherine Knowles • 2 min read • Tue, 15th Oct 2024

HSBC

UK banks lead AI talent hiring surge as Europe catches up

UK and European banks ramp up AI recruitment to boost workforce productivity, with a 12% rise in AI roles in UK banks and Deutsche Bank and Santander leading efforts.

By Shannon Williams • 3 min read • Tue, 16th Jul 2024

AI Security

UK businesses hit hard by AI-driven cyber threats, says report

A Darktrace report reveals that 71% of UK businesses have faced AI-powered cyber threats, with 95% feeling unprepared. Firms like Barclays and HSBC are at risk.

By Shannon Williams • 3 min read • Tue, 16th Jul 2024

Unified Communications

Barclays partners with Microsoft to enhance digital security

Barclays is teaming up with Microsoft to boost its security systems, leveraging AI to enhance detection and protection, securing trust in their digital framework.

By Kaleah Salmon • 2 min read • Thu, 27th Jun 2024

DevOps

High-street stores' software failures: A wake-up call for retail

Repeated software failures at major UK retailers, resulting in delivery hiccups and incorrect payments, highlight an urgent need for improved system maintenance and quality assurance.

By Stephen Johnson • 3 min read • Thu, 9th May 2024

Customer Experience

Zally bolsters leadership team ahead of anticipated Beta launch

Manchester's Zally boosts leadership team with ex-Barclays' Paul Wilshaw and former MiQ CTO, Prabhu Prakash Ganesh, as it gears up for beta launch and ambitious drive into continuous authentication.

By Sean Mitchell • 3 min read • Tue, 23rd Jan 2024