Acquisition stories - Page 25

GlobalLogic, part of the Hitachi Group, is recognised as an industry front-runner in the Everest Group's Software Product Engineering Services 2024 PEAK Matrix assessment.

In a move to bolster its software solutions, Rocket Software completes the $2.275 billion acquisition of OpenText's Application Modernisation and Connectivity business, tripling its customer base and increasing revenues by 60%.

Epicor has acquired AI-focused inventory planning pioneer, Smart Software, advancing their delivery of AI-integrated ERP solutions.

Exposing the myth that retail digital strategies demand three years to yield results – it's time to favour return on value in a timely 3-6 month window for growing online presence and customer engagement.

Dennis Woodside takes the reins as CEO of Freshworks, succeeding company founder Girish Mathrubootham who becomes Executive Chairman, guiding the firm to its next chapter of global growth.

ERP systems evolve as game-changers in the print management sector, helping firms streamline operations while alleviating challenges related to inventory and financial management, claims ECI Software Solutions' account executive Josh McHugh-Cullen.

SmartBear integrates GenAI-powered, no-code test automation into its Jira-native platform, Zephyr Scale, improving test management and boosting efficiency.

Mitel, a global business communications leader, unveils strategic enhancements in hybrid cloud solutions, deep vertical integrations, and multimodal capabilities, set to propel company growth and increase customer value.

Artificial intelligence (AI) is prompting 75% of Australian businesses to significantly change operational strategies within four years, a shift greater than the last 20 years, according to HubSpot.

Digital trust leader DigiCert bolsters executive leadership with new CMO Atri Chatterjee, adding to its ambitious drive to reach over $1bn in annual recurring revenue.

HID, a global leader in trusted identity solutions, has been named a 'Leader' in the 2024 Gartner Magic Quadrant for Indoor Location Services, reflecting its strong vision and strategic acquisitions in the industry.

GumGum integrates Playground xyz's media portfolio to strengthen its APAC business, advancing AI-driven ad solutions.

Singapore fintech startup, Qashier, secures in-principle approval for a Major Payment Institution licence from the Monetary Authority of Singapore, paving the way for diversified payment offerings.

Sitecore has confirmed Dave O'Flanagan as CEO, driving a 'marketer-first' AI strategy andspearheading the unveiling of generative AI capabilities for personalised marketing experiences.

Trend Micro upends traditional cyber risk management tools with AI-driven features in Trend Vision One platform.

Cayosoft reports a 56% surge in annual recurring revenue in 2023, driven by rising need for its AD recovery solution amidst a 172% increase in AD outages since 2021.

KnowBe4 plans to acquire Egress, enhancing its AI-driven cybersecurity platform to effectively manage human risk amid increasing email security threats.

Basware has launched an AI-based solution, AP Protect, aimed at helping companies shield from invoice fraud and errors.

Akamai Technologies' API Security product has achieved PCI DSS 4.0 compliance, enhancing security for businesses storing or processing card data.

Wireless Logic gains authorised reseller status for SpaceX's Starlink, enhancing global IoT deployment capabilities by incorporating Low Earth Orbit satellite connectivity.