acquisition - News, Features, and Slideshows

News

• Stagnant growth spurs IT service providers towards M&A

  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

  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

  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

  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

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

• F5 Networks acquires Telstra-backed Nginx for $670M

  F5 Networks has entered into a definitive agreement to buy Telstra-backed web server Nginx in a deal valued at US$670 million.

• Okta to pay $74.5M for workflow automation provider

  Okta has entered into an agreement to acquire Azuqua, a cloud-based business application integration and workflow automation provider, for up to $74.5 million.

• Veritas acquires analytics provider Aptare

  Data protection vendor Veritas has acquired US-headquartered Aptare, a provider of analytic solutions for hybrid cloud environments.

• BlackBerry completes acquisition of Cylance

  BlackBerry has completed its US$1.4 billion acquisition of machine-learning specialists Cylance.

• Cisco buys Singularity Networks in service provider play

  Cisco has unveiled plans to acquire network infrastructure analytics company Singularity Networks.

• EY acquires Plaut IT, deepens SAP expertise

  EY has acquired specialist SAP consulting and technical services provider Plaut IT along with its local subsidiary EchoJunction and Malaysian subsidiary, Baseliner.

• Microsoft acquires open source specialists, Citus Data

  Microsoft announced the acquisition of open source PostgreSQL extension provider Citus Data for an undisclosed sum.

• OpenText extends cloud play with Liaison Technologies acquisition

  OpenText has closed the acquisition of Liaison Technologies in an all-cash transaction worth approximately US$310 million.

• Red Hat sets date for stockholders to vote on IBM merger

  Red Hat has set a special meeting on 16 January for stockholders to consider and vote on IBM's proposed acquisition of the company.

• JCurve acquires Singapore-based Spectrum Partner Group

  JCurve Solutions has acquired Spectrum Partner Group, a specialist ​Oracle NetSuite partner based in Singapore.