Mergers and Acquisitions (M&A) stories - Page 19

In a bid to simplify Gen AI development, DataStax is set to acquire AI startup, Logspace, developer of the open-source framework, Langflow.

Global PropTech provider REdirect Consulting collaborates with SAY Property Consulting to streamline services in the UK's evolving Rental Living market.

Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.

In a move marking the first M&A in the Threat Exposure Management (TEM) space, global leader Flare acquires US firm Foretrace, boosting their capabilities against cyber threats.

Health and wellbeing providers Vivup and Perkbox reveal a merger backed by Great Hill Partners, striving for an all-in-one solution for UK employee benefits and wellbeing.

ServiceNow acquires 4Industry and EY's Smart Daily Management application to boost its operational technology capabilities, promoting efficiency and heightening experiences for connected workers.

The global digital remittance market is set to exceed USD $64 billion by 2032, driven by an escalated demand for cross-border remittances through digital platforms, according to Fact.MR.

Cloudflare's new product, Magic Cloud Networking, provides unified network management by leveraging Nefeli's technology.

The role of chief financial officers (CFOs) is radically evolving, heavily driven by complexities in ESG matters and corporate strategy. 82% of CFOs report significant role growth.

Deel acquires people enablement platform Zavvy, bringing AI-driven performance management and learning and development functionalities.

Nemetschek Group reveals merger of its AEC brands, ALLPLAN, FRILO, and SCIA, to heighten data-driven design-to-build workflows under the ALLPLAN umbrella and boost productivity in the construction sector.

HiBob takes major leap in UK payroll services with Pento acquisition, integrating the cloud-based automation platform with its HR offering 'Bob' to tackle payroll complexities.

Motorola Solutions acquires UK-based Silent Sentinel, a leading provider of advanced video surveillance solutions, in a strategic move that enhances its video security portfolio.

Global print management provider PaperCut secures the prestigious ISO 27001 Certification, marking a significant milestone in their Information Security Management System.

Cohesity and Veritas Data Protection Business are set to merge, ushering in a new leader in AI-powered data security and management, under CEO Sanjay Poonen, with revenues estimated at $1.6 billion.

Vertiv, a global digital infrastructure provider, reports over 100% capacity expansion since its 2021 acquisition of E&I Engineering and PowerBar Gulf, with future plans to double these figures by 2025.

French telecom giant, ACOME Group, has beefed up its European presence by acquiring Danish microduct manufacturer, LYNDDAHL Telecom, in a strategic push to dominate the fibre network materials sector.

In 2023, GRC SaaS company Diligent observed a record high of 21,784 new sanctions and a decline in FCPA enforcement actions.

Encompass Corporation acquires CoorpID and Blacksmith KYC from ING, in a strategic move to establish a revolutionary Corporate Digital Identity platform.

M&A activity in Q4-2023 witnessed a record low due to factors like inflation and geopolitical instability, making deal numbers slide 27% globally.