Mergers and Acquisitions (M&A) stories - Page 16

ShopFully, MEDIA Central, and Flipp merge to form the largest global 'drive-to-store' marketing firm, serving 400 million shoppers across 27 markets.

Workday unveils twelve new Industry Accelerators, partnering globally to help customers modernise HR and finance across various sectors.

Xero acquires Syft Analytics for up to USD $70 million to boost its global analytics, reporting, and benchmarking capabilities for small businesses and accountants.

Progress to acquire ShareFile from Cloud Software Group for $875 million, enhancing its AI-powered collaboration services. Deal to close by 30 Nov 2024.

Syniti's data-first methodology is revolutionising digital transformations, driving efficiency and savings for global industries via tailored enterprise data management.

Swoop has made a non-binding offer to acquire Vonex, outbidding MaxoTel's June scheme with a $0.040 per share proposal, aiming to create a national telecom giant.

Veeam Software has topped Gartner's 2024 Enterprise Backup and Recovery Software market with a 15.1% share and USD $1.5 billion in revenue.

Yariv Dafna, with nearly 20 years of finance and business management experience, joins Infobip as CFO to help drive the company's continued growth.

AMD to acquire ZT Systems for USD $4.9 billion, enhancing its AI strategy and data centre capabilities. The deal, featuring contingent payments, closes H1 2025.

Directed Technologies acquires Sofihub to bolster fleet safety solutions and expand into assisted living tech, enhancing services for fleet managers and vulnerable users.

Zendesk appoints AI strategy expert Lila Tretikov to its Board of Directors, enhancing the company's focus on leveraging AI to boost customer experience.

Spinnaker Support launches global third-party support for VMware following Broadcom's acquisition and the shift to a costly subscription model.

ECI Software Solutions has acquired ProfitKey International to boost its ERP offerings for discrete manufacturers. Financial terms weren't disclosed.

IntelligenceBank acquires Red Marker to bolster AI-driven marketing compliance, aiming to slash regulatory fines and speed time to market for global brands.

DLA Piper has announced significant promotions, elevating Edward Eisdell-Moore and Kate Rogers to Special Counsel, with Mary McCartin now a Senior Associate.

Tricentis has acquired SeaLights to boost AI-powered quality engineering, enhancing insights into code and test integrations in the CI/CD pipeline.

Broadcom's acquisition of VMware has led to increased costs and operational hurdles for nearly 70% of users, pushing many to consider alternative cloud providers.

IFS acquires EmpowerMX, enhancing AI-driven aviation MRO solutions for major airlines. This merger promises bolstered capabilities, innovation, and industry leadership.

Atturra forecasts FY24 revenue to exceed AUD $240 million, up 35%, with EBITDA between AUD $25 million and AUD $26 million. Exent acquisition aims to boost consulting capabilities.

Salus Ventures has appointed Archie Judd to bolster its investment team, enhancing Australia's national resilience through deep technology.