Displaying items by tag: merger

COMPANY NEWS:  The combined organisation will empower customers with a best-of-breed, AI-driven security operations platform fortified with high-integrity data ingestion

COMPANY NEWS: Australian cyber security business CSO Group and xAmplify, Australia's leading automation systems and artificial intelligence (AI) integrator, today announced that they intend to merge. The merger will create the nation's largest Australian-owned and operated integrator of AI, cyber security, technology and business automation services, to bring a sophisticated suite of solutions to digitally advance and protect government and corporate clients.

The combined company will bring together two cybersecurity SIEM and UEBA innovation leaders with renowned and demonstrated track records in serving customers with effective threat detection, investigation, and response (TDIR)

Hewlett Packard Enterprise (HPE / HPE Aruba) and Juniper Networks have announced a definitive agreement under which HPE will acquire Juniper in an all-cash transaction for $US 40 per share, representing an equity valuation of approximately $US 14 billion. HPE says the acquisition will accelerate its AI-driven innovation.

Global commerce network CommerceHub has hired Gordana Redzovski as Managing Director for the Asia Pacific region to lead the company’s “ambitious growth plans”.

Microsoft has moved a step closer to completing its acquisition with games company Activision Blizzard after the British regulator, the Competition and Markets Authority, said a revised offer made by Redmond addressed concerns it had about the deal.

The proposed merger of Australia’s two largest providers of cash-in-transit services in Australia, Linfox Armaguard and Prosegur Australia, has been given the green light, with the competiion watchdog, the ACCC, granting conditional auhorisation.

The year began with Microsoft announcing its acquisition of Activision Blizzard; the year ends with the deal still incomplete due to US regulator complaints and now with gamers also seeking to block the deal.

The ACCC has finally reached a verdict not to authorise the proposed regional mobile network arrangements between telecommunication giants Telstra and TPG Telecom.

The competition watchdog the ACCC has commenced its formal consideration of ANZ Banking Group’s proposed acquisition of the banking arm of Suncorp.

Telco giants TPG Telecom and Telstra have lodged submissions anew to the ACCC and cited competition experts in its report to rebut misleading and incorrect statements made by Optus in its submissions and recent advertising campaigns.

Former NSW Premier and now Optus managing director enterprise, business, and institutional Gladys Berejiklian says she's seen first-hand the devastating impact of floods and fires on regional communities and says if the Telstra/TPG merger proceeds customers will have less choice, be subject to higher prices, and be more vulnerable during natural disasters.

The proposed Telstra/TPG merger under review by the ACCC is drawing strong opinions from the industry, with Commpete chair Michelle Lim accusing Telstra of dishonesty and says the concentration of spectrum assets in fewer hands will have worrying consequences for regional Australians.

Optus has called on The Australian Competition and Consumer Commission (ACCC) to oppose the effective merger of Telstra and TPG’s regional and rural mobile networks.

Rogers Communications and Shaw Communications were notified of the Canadian Commissioner of Competition’s intention to file applications to the Competition Tribunal opposing Rogers’ proposed merger with Shaw.

New Zealand’s consumer competition regulator The Commerce Commission has received an application for clearance for a transaction that would see the merger of the Vocus Group with 2degrees.

Melbourne based digital marketing agency Smith Brothers Media (SBM) has completed a merger with Brisbane creative digital agency Follow.

Australian cybersecurity consultancies Privasec, Solista, CXO Security and Naviro have merged to form Sekuro.

The Australian competition watchdog has given the go-ahead for the proposed merger of BPAY Group and its subsidiaries eftpos and New Payments Platform Australia.

The competition regulator and enforcement agency the ACCC is seeking views on a court enforceable undertaking which has been offered by Industry Committee Administration (ICA), the company representing three Australian payment services providers seeking to merge.