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 aRead More…
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 datacenterRead More…
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 isRead More…
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 mostRead More…
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 focusRead More…
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. TheRead More…
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 trillionRead More…
MDS System Integration has completed the acquisition of Maloomatia Arabian Gulf Trading. Maaloomatiia is a regional leader specializing in data-driven digital transformation for enterprises. Established in 2012 and headquartered in Dubai, UAE, with additional operations in Lebanon and India, MAG today has over 40 professionals in Data Consultancy, Data Engineering,Read More…
Adobe has announced it has entered into a definitive merger agreement to acquire Figma, a web-first collaborative design platform, for approximately $20 billion in cash and stock. The combination of Adobe and Figma will usher in a new era of collaborative creativity. Figma’s mission is to help teams collaborate visuallyRead More…
HelpSystems announced the acquisition of Outflank, a well-regarded IT security leader with deep expertise in adversary simulation; specialist cyber security trainings; and a unique cloud-based software offering for red teams, Outflank Security Tooling (OST).Read More…
NTT DATA has acquired the majority in the Natuvion Group through NTT DATA Business Solutions AG. Natuvion is an SAP Data Transformation Partner well respected around the world. Through its international network of offices and subsidiaries, the Natuvion Group provides support to companies with the relocation of business-critical data andRead More…
Leading African technology infrastructure and services provider Liquid Intelligent Technologies, a business of Cassava Technologies (Cassava), has announced the finalisation of its 100% acquisition and delisting of Telrad, an Israeli-based technology company. Telrad has a significant presence in 13 countries across the Middle East, South America, United Sates, Eastern Europe,Read More…
