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News about acquisition

Stagnant growth spurs IT service providers towards M&A

By Sasha Karen | 09 March, 2022 10:30

Enterprise service providers are struggling to grow beyond their established customer base as they scale in size, which is spurring them towards mergers and acquisitions (M&A).
Tech Mahindra boosts A/NZ presence with Momenton and Tenzing acquisitions

By Julia Talevski | 27 October, 2020 14:28

Tech Mahindra is building up its A/NZ digital services presence with the double acquisition of Melbourne-based Momenton and New Zealand’s Tenzing.
Sophos board backs US$3.9B acquisition deal

By Leon Spencer | 15 October, 2019 09:16

US equity firm Thoma Bravo has made a US$3.9 billion acquisition bid for Sophos, with the cyber security solutions vendor’s board unanimously recommending the offer.
Atlassian acquires AgileCraft in $166M deal

By Samira Sarraf | 19 March, 2019 10:45

Australian-founded software powerhouse Atlassian has entered into an agreement to acquire enterprise agile planning software provider AgileCraft in a deal valued at US$166 million.
Deloitte snaps up Sydney-based Splunk specialists

By Samira Sarraf | 14 March, 2019 09:24

Deloitte has acquired Converging Data Australia, a Sydney-based risk consulting business with expertise in Splunk technologies.

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