News

Hewlett Packard Enterprise To Acquire OpsRamp

March 22, 2023

Deepak Singh

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Hewlett Packard Enterprise has announced that it has entered into a definitive agreement to acquire OpsRamp, an IT operations management (ITOM) company that monitors, observes, automates and manages IT infrastructure, cloud resources, workloads and applications for hybrid and multi-cloud environments, including the leading hyperscalers.  Gartner estimates ITOM to be an approximately $39 billion market. Integrating […]

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News

Cybersecurity VAD Macnica to acquire CyberKnight

March 13, 2023

Deepak Singh

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Macnica, Inc, part of Macnica Holdings Inc., a US$7.3 billion company, a global value-added distributor (VAD) and solution provider, has announced its intent to acquire a majority stake in Cyber Knight Technologies (CyberKnight). Headquartered in Shin-Yokohama, Japan, Macnica operates globally across Japan, USA, China, Southeast Asia, Australia, India, Brazil, Europe and focuses on AI, IIoT, […]

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News

Epicor Acquires Cloud-Based Financial Planning and Analysis Provider DSPanel

March 2, 2023

Deepak Singh

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Epicor has announced it has acquired DSPanel, a global provider of cloud-based Financial Planning and Analysis (FP&A) solutions and existing Epicor ISV partner. The acquisition extends the Epicor portfolio of best-in-class financial management solutions, helping makers, movers, and sellers worldwide streamline and simplify budgeting, planning, forecasting, scenario modeling, and financial reporting. Financial terms were not […]

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News

Atos sells unified communications unit Unify to Mitel

January 28, 2023

Deepak Singh

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Mitel Networks has announced it has entered exclusive negotiations with Atos to acquire Unify, the Unified Communications and Collaboration (UCC) and Communication and Collaboration Services businesses (CCS) of the Atos group. The proposed transaction is subject to the consultation of the relevant employee representative bodies and other customary regulatory approvals, with closing expected in H2 […]

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News

AVEVA announces completion of its acquisition

January 19, 2023

Subha Bhargavi

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AVEVA has announced the completion of its acquisition by Schneider Electric. Schneider Electric and AVEVA together, enable a holistic approach to digital transformation across a customer’s operations. They drive step-change improvements through a reduction in energy, carbon and resource intensity, accelerating customer journeys of efficiency and sustainability.

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News

Astra Tech acquires BOTIM

January 13, 2023

Subha Bhargavi

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Astra Tech (Astra) has successfully acquired BOTIM to relaunch into an Ultra app. The support of $500 million in fundraising, led by G42, is accelerating the relaunch of BOTIM into an ultra app serving the region’s everyday needs. This milestone addition to Astra’s portfolio is the most recent in a string of strategic acquisitions in […]

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Data center

Microsoft acquires Fungible to accelerate datacenter innovation

January 10, 2023

Deepak Singh

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Microsoft has announced the acquisition of Fungible Inc., a provider of composable infrastructure aimed at accelerating networking and storage performance in datacenters with high-efficiency, low-power data processing units (DPUs). Fungible’s technologies help enable high-performance, scalable, disaggregated, scaled-out datacenter infrastructure with reliability and security. The Fungible team will join Microsoft’s datacenter infrastructure engineering teams and will […]

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Data center

Equinix Announces $160mln data center investment in Johannesburg

December 15, 2022

Deepak Singh

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Equinix has announced plans to enter the South African market with a US$160 million data center investment in Johannesburg that augments its current footprint on the African continent in Nigeria, Ghana and Côte d’Ivoire. The new data center is expected to open mid-2024. With its South Africa expansion, Equinix is entering one of the largest […]

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News

Veracode Adds Advanced Dynamic Analysis Capability With Crashtest Security Acquisition

December 14, 2022

Deepak Singh

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Veracode has announced it has acquired Germany-based software security tool, Crashtest Security, a rising developer-oriented dynamic application security testing (DAST) product. The investment will enhance the existing DAST capabilities available as part of Veracode’s Continuous Software Security Platform and broaden customer access globally. Web applications are fast becoming the most exploited attack vector for cyber […]

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News

OutSystems acquires mobile app development company Ionic

November 8, 2022

Deepak Singh

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High-performance application development company OutSystems has announced that it has acquired Ionic, one of the most widely used platforms for building mobile and desktop applications using web technology. Together, OutSystems and Ionic will help IT leaders transform the way they build, deliver, and continuously update business-critical applications with a focus on quality, performance, security, and […]

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News

Lumen to sell EMEA business to Colt for $1.8B

November 3, 2022

Deepak Singh

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Lumen Technologies and Colt Technology Services have entered into an exclusive arrangement for the proposed sale of Lumen’s Europe, Middle East and Africa (EMEA) business to Colt for $1.8 billion. This represents a very attractive multiple (~11x) for Lumen’s EMEA business and will create additional value for its shareholders. The envisaged transaction is subject to […]

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News

Qualys Acquires Blue Hexagon’s AI/Machine Learning Platform

November 1, 2022

Deepak Singh

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Qualys has announced it acquired the assets of Blue Hexagon. This brings AI/machine learning (AI/ML) to the Qualys Cloud Platform to help convert petabytes of highly integrated data into meaningful insights for customers. This acquisition will enable Qualys to leverage its powerful Cloud Platform and its more than 10 trillion data points to uncover behavior […]

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