Mergers and Acquisitions (M&A) stories - Page 13

WiseTech agrees to buy US supply chain software group e2open in an all-cash deal worth USD $2.1 billion, funded entirely with new debt.

Siemens is set to acquire Excellicon to enhance its electronic design automation portfolio, boosting System-on-a-Chip design capabilities and workflow innovation.

Huma acquires US-based Aluna to enhance its digital respiratory care offerings and partners with Eckuity Capital to boost its global healthcare M&A strategy.

The Freedman Group has acquired US wireless audio maker Lectrosonics, enhancing its global portfolio with famed professional audio technology since 1971.

SmartBear appoints Nate Lewis as SVP of Corporate Development to lead M&A strategy and transform the company into an AI-native organisation.

Exabeam appoints Kiley LePage as Chief Legal Officer to lead legal strategy and support growth with nearly 30 years of tech sector experience.

A study reveals 86% of Professional Services firms find mergers slow due to outdated finance systems, urging tech upgrades for smoother integration and growth.

Generative AI use in professional services has nearly doubled in a year, reaching 22%, with 95% expecting it central to workflows within five years.

RadNet plans to acquire iCAD, integrating its AI breast imaging tech into DeepHealth to enhance breast cancer diagnostics globally, scaling to 10m mammograms yearly.

The 3D printer market faces a slowdown in Q4 2024, with major declines across segments, though entry-level systems show remarkable resilience amid economic challenges.

CloudBolt has acquired StormForge to bolster its Kubernetes optimisation capabilities within its FinOps platform, aiming to address rising cloud costs.

A new report from N-able projects the IT managed services market will reach an estimated USD $610 billion by 2025, spurred by cybersecurity and AI advancements.

N-able's latest MSP Horizons Report reveals a buoyant outlook for the managed services sector, with 59% of providers expecting revenue growth of 20% by 2025.

Analytics platform provider Alteryx has appointed Jon Pexton as Chief Financial Officer and Steven Birdsall as Chief Revenue Officer to strengthen its leadership team.

Monta has appointed James Eyton as Chief Financial Officer to enhance its executive team, aiming for significant growth across Europe and North America.

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

A recent Gartner survey reveals CFOs are broadening their roles, now heavily involved in data analytics, risk management, and AI strategies, enhancing enterprise profitability.

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

Mission Critical Group has completed the full integration of Mission Critical Facilities International, enhancing its manufacturing capabilities across the US.

TTC Group has appointed Roy Hastings as CFO to drive expansion into regulated training markets following strategic acquisitions including Miad Healthcare.