Acquisition stories - Page 7

Key 7 Investment has acquired StoryFile, enhancing its AI-powered video platform's growth potential while concluding its Chapter 11 process.

Chaos has acquired EvolveLAB, enhancing its design-to-visualisation solutions for the AEC industry, particularly through innovative AI technologies.

LexisNexis Risk Solutions has acquired IDVerse, enhancing its AI-powered risk and fraud solutions to bolster identity verification and onboarding processes.

Senetas has sold its subsidiary Votiro to Menlo Security for USD $37.5 million, a strategic move expected to enhance its position in the cybersecurity market.

Tusk Logistics has unveiled its innovative Tusk Operations Platform, backed by $2 million in funding, aiming to revolutionise shipping management for users.

Lantronix has acquired NetComm, enhancing Sapply's offerings with advanced IoT products, poised to boost their market positioning significantly.

Arctic Wolf has announced the completion of its acquisition of Blackberry's Cylance, integrating its advanced security capabilities into the Aurora platform.

Amadeus has appointed Carol Borg as Chief Financial Officer, effective 5 May, bringing over 30 years of finance expertise to the travel tech leader.

SolarWinds has struck a deal to be acquired by Turn/River Capital for around USD $4.4 billion, offering shareholders a premium of 35% per share.

KOMI Group has announced a remarkable 45% rise in annual turnover, bolstered by a 77% surge in Q4 revenues, as the Manchester-based digital media firm plans US expansion.

DoiT has acquired PerfectScale, a Kubernetes optimisation platform, to bolster its ability to manage and secure containerised workloads more efficiently.

AttackIQ has acquired DeepSurface to enhance its cybersecurity services, aiming to improve risk management and bolster protections against cyber threats.

Appfire has acquired Flow, a prominent Software Engineering Intelligence platform, from Pluralsight, aiming to boost support for engineering teams.

Databricks has acquired BladeBridge to simplify enterprise data warehouse migrations, aiming to enhance efficiency and performance for over ten thousand customers.

inploi has seen a remarkable 150% growth in 2024, expanding partnerships with well-known brands and gearing up for significant international expansion.

UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.

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

A recent report from Nest Commerce reveals a 38% boost in year-on-year conversion rates for ecommerce brands using full-funnel strategies, amidst a £100 million media spend.

Aligned Data Centers has reshuffled its executive team with four key appointments aimed at enhancing strategic growth and operational efficiency.

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