Acquisition stories - Page 8

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

Arctic Wolf has acquired BlackBerry's Cylance to boost its Aurora platform, integrating advanced AI-driven security capabilities for enhanced endpoint protection.

Sectigo has acquired Entrust's public certificate business, doubling its operations and enhancing its market presence in the rapidly evolving digital security landscape.

Mirantis has unveiled Rockoon, an open-source toolset aimed at simplifying OpenStack management on Kubernetes amidst rising interest following Broadcom's VMware acquisition.

A recent survey reveals a pivotal shift in customer experience's significance, with 96% of CX leaders reporting corporate recognition as a revenue driver.

BackBox has launched its Network Cyber Resilience Platform and reported record profits in 2024, marking a historic financial success for the firm.

DoiT has secured two prestigious Microsoft partner designations, boosting its capabilities in Modern Work and Digital & App Innovation on Azure.

Tenable has confirmed its acquisition of Vulcan Cyber for an estimated USD $147 million, enhancing its Exposure Management platform with advanced capabilities.

A new study by SplitMetrics reveals a remarkable 60% increase in new Android VR game users, with 13 million joining in 2024, marking record growth.

DYOR has partnered with Ava Labs to enhance the Avalanche blockchain experience, capitalising on a dramatic 96% cut in gas fees.

LG Electronics has acquired a controlling 51% stake in Bear Robotics, enhancing its AI-driven robotics capabilities as part of a strategic growth initiative.

Retailers face a survival battle in 2025, with economic pressures and customer expectations reshaping the eCommerce landscape following a strong 2024 peak season.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

AccuWeather has acquired TOA Systems' lightning network, enhancing global lightning detection capabilities and aiming to improve safety and preparedness.

Clay has raised USD $40 million in Series B funding, boosting its valuation to USD $1.25 billion following impressive revenue growth and strategic acquisitions.

SmartBear has appointed Vineeta Puranik as its new Chief Technology Officer, aiming to enhance its technology strategy amid rapid AI advancements.

Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.

The HR software market is projected to grow from USD $20.16 billion in 2024 to USD $30 billion by 2032, driven by demand for innovative, cloud-based solutions.

The global clickstream analytics market is set to expand from USD $1.71 billion in 2025 to USD $4.84 billion by 2033, driven by rising eCommerce and smart analytics.

EPAM Systems is expanding its partnership with Google Cloud to deliver AI-powered solutions across media, energy, and retail sectors, driving digital transformation.