Acquisition stories - Page 39

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.

Employment Hero aims to reduce payroll processing times for Australian SMEs by up to 80% through the integration of advanced AI and automation technologies.

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

Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.

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

Australian supply chain firm, Peacock Bros., acquires leading identification solutions company, insignia, boosting its product offerings and regional presence.

Employment Hero acquires Employment Innovations and announces the creation of the world's first fully automated payroll process, which could save Australian SMEs as much as 80% in payroll admin time.

ITC Infotech announces plans to acquire Pune-based cloud services specialist Blazeclan Technologies, aligning with strategic objectives to boost Multi-Cloud capability and fast-track client digital transformations.

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

UK retailer The Range partners with one of Europe's largest dropshipping platforms, Virtualstock, in a strategic move to elevate online sales and streamline operations.

AI-powered retail personalisation is stepping up. Aiming for true one-to-one custom experiences, the industry leans into predictive AI, driven by robust data, to stay competitive.

Despite the proven benefits, the untapped potential of data and AI within the mining industry remains overlooked due to traditional mindset, uncertain ROI and a lack of skills and expertise.

Data and AI firm Databricks experiences a 70% YoY increase in its EMEA operations, driven by surging demand for data and AI capabilities.

Cisco responds to pressing cyber threats by launching Cisco Hypershield, a first-of-its-kind, AI-native security solution, set to redefine and fortify data centres and clouds.

Westpac partners with NextGen to streamline home loan applications across its brands via Open Banking, marking a significant innovation in Australia's banking sector.

Anastasia Nyrkovskaya charts history at Fortune Media, becoming the first female CEO and spearheading the media giant's digital transformation and global expansion.

Armis, an asset intelligence cybersecurity firm, acquires Silk Security for $150M, aiming to create a comprehensive cyber threat management platform and bridge the gap between threat identification and resolution.

Colt DCS is set to expand its hyperscale services with the acquisition of land in Hayes, West London, to extend its existing facility, boosting the IT capacity.

FPT Corporation lays out a new strategy targeting AI, Automotive, Semiconductors, Digital and Green Transformation, positioning Vietnam as a leading global hub for business and innovation.