Mergers and Acquisitions (M&A) stories
At the Snowflake Summit 2024, Snowflake unveiled key advancements to its AI Data Cloud platform, enhancing data flexibility, interoperability, and performance.
Incubeta has acquired Persuasion Technologies, a prominent Google Cloud Platform partner, to bolster its marketing analytics and cloud tech capabilities, enhancing campaign optimisation.
IFS has signed an agreement to acquire Copperleaf Technologies, aiming to finalise by Q3 2024. The move enhances IFS's AI-driven asset management capabilities.
Ultra Commerce has acquired Comestri, aiming to merge Comestri's SaaS eCommerce platform with Ultra Commerce's broad solutions suite, enhancing client services.
In a strategic expansion, arch.law acquires Conexus Law, a data centre sector specialist, including its 14-strong London team, strengthening its global footprint.
SAP is set to acquire WalkMe for USD $1.5 billion in an all-cash deal, enhancing its business transformation toolkit and boosting AI capabilities.
Databricks to acquire Tabular, aiming to bridge gaps in Delta Lake and Iceberg interoperability, enhancing its lakehouse architecture's open-source capabilities.
Boomi appoints Jessica Soisson as CFO, strengthening its leadership team with her extensive financial expertise to drive the company's next growth phase.
Swedish firm Omnia acquires LiveTiles, promising to revolutionise digital workplace solutions globally. CEO David Vander outlines bold expansion plans.
Cloudera acquires Verta Operational AI Platform to enhance its AI capabilities and meet the rising global demand for advanced AI solutions.
Harness, a provider of software delivery platforms, has acquired Split Software to enhance feature flag and experimentation capabilities, aiming for faster, reliable code deployment.
UK CEOs are increasingly optimistic about near-term growth and prioritise AI investments, per the latest EY CEO Pulse Survey, but face challenges in arguing for sustainability.
Cornerstone acquires SkyHive Technologies' workforce skills intelligence, enhancing its platform to support agile, skills-based organisations.
Xsolla's latest report spotlights game development trends, EU regulations favouring developers, and a 25% job growth prediction in the industry by 2032.
Netmore Group expands into APAC, aiming to meet increasing IoT demands, following acquisition of US-based Senet and significant European presence.
LogRhythm and Exabeam will merge, aiming to lead AI-driven security operations with enhanced threat detection, response, and a larger product portfolio.
KPMG Law partners with Shieldpay to streamline legal transactions across the UK, using TPMA technology to enhance security and efficiency for corporate and real estate clients.
Everfox agrees to acquire London's Garrison Technology, aiming to enhance its cybersecurity solutions with Garrison's hardware-enforced security capabilities.
Cegid names Bruno Vaffier as COO, marking a strategic move to enhance AI-driven innovation and expand operational efficiency across global markets.
Trustly's 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.