Acquisition stories - Page 16

Camunda has appointed Barbie Brewer as Chief People Officer to enhance engagement within its growing remote workforce of over 500 employees.

HID has acquired Italian firm IXLA, enhancing its portfolio in secure credential issuance and expanding its reach in European and emerging markets.

SAS has acquired Hazy's synthetic data technology to boost its AI capabilities, aiming to enhance data privacy and analytics by early 2025.

James Saxton, VP of Products at Dayforce, is steering innovation and growth in the APJ region, with ambitions to reach USD $2 billion by next year.

Red Hat has acquired Neural Magic to enhance its generative AI capabilities, aiming to make AI more accessible across hybrid cloud infrastructures.

Softsource vBridge has acquired The Laptop Company in a bid to form one of New Zealand's largest privately-owned IT groups, boosting service capabilities.

CloudCasa has announced an expansion of its support for KubeVirt, enhancing backup solutions for VMs and container workloads in hybrid environments.

Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.

Canary Technology Solutions has acquired Wyntec, aiming to boost its Managed IT Services and strengthen its presence in Queensland's market.

Aston Barclay has engaged digital agency IDHL to enhance its marketing strategy, aiming to boost revenue and improve customer experience.

UBDS Group has acquired 3B Data Security to bolster its UK cyber security capabilities, integrating 23 employees while preserving the firm's brand identity.

Fergus has appointed Christina Knock as Vice President of Marketing and Adam Maddox as Head of Product, effective November 2024, to enhance growth.

Swoop has appointed Anthony Camilleri as Head of Infrastructure, aiming to enhance its Fibre Broadband services amid significant expansion in Australia.

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

A recent LinkedIn study reveals that 10% of new job roles in 2024 are those that didn't exist in 2000, signalling a significant workforce transformation.

Netmore Group has acquired Everynet, boosting its global IoT capabilities and expanding its network to 17 countries with over 2.3 million active devices.

Bain Capital has acquired an 80% stake in AQ Compute, aiming to bolster its sustainable data centre operations across Europe amid rising data demands.

Bugcrowd has appointed Trey Ford as Chief Information Security Officer for the Americas, aiming to enhance cybersecurity operations amid rapid growth.

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

Pure Storage has launched its Cloud for Microsoft Azure VMware Solution, promising seamless management and potential savings of up to 40% on costs.