Acquisition stories - Page 25

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.

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.

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.

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.

Princeton Digital Group has acquired Yahoo's SG3 data centre in Singapore, strengthening its infrastructure and expanding its footprint in the region.

Commvault has been named a Leader in the 2024 GigaOm Sonar Report for Cloud-Native Data Protection, earning top marks across 10 key characteristics.

StorMagic appoints Susan Odle as Chief Growth Officer to spearhead enterprise sales amidst its SvHCI market launch. Odle to develop key strategies.

Tenable has named Shai Morag as chief product officer to accelerate its cloud-first strategy. Morag, who joined via Ermetic's acquisition, brings extensive cybersecurity expertise.

Syfe secures USD $27 million in latest funding round, bringing total to USD $79 million, despite Asia's lowest investment levels since 2015.

HSO, expanding its global footprint in AI, acquires New Zealand-based Aware Group to enhance its business-relevant AI solutions using Microsoft Cloud technology.

Directed Technologies acquires Sofihub to bolster fleet safety solutions and expand into assisted living tech, enhancing services for fleet managers and vulnerable users.

Fortinet boosts its enterprise data protection portfolio by acquiring Next DLP, enhancing its DLP capabilities across SASE and endpoint deployments.

Infinigate's Q1 FY 2024-25 saw a 16% YoY revenue boost, driven by strong European growth and strategic acquisition of Wavelink in Australia and New Zealand.