Displaying items by tag: Mergers & Acquisitions M&A

Cloud communications company Twilio has completed its acquisition of customer data platform provider Segment, in a transaction valued at US$3.2 billion.

Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching US$376.5 million, a more than 150% increase from US$149.05 million in the corresponding period in 2019, with the growth coming despite a decline in merger activity, according to a new fintech report.

Technology industry M&A deals worth US$17.64 billion were completed in the US market in the second quarter of this year.

Australian-listed Internet service provider Spirit Telecom has secured an agreement to acquire Queensland voice, data and cloud services provider VPD Group for $14 million as part of its expansion into the NSW and Queensland markets, to create what it says is an “entirely new” wholesale business - Spirit Partners.

Two of Australia’s major games industry groups - the Game Developers Association of Australia (GDAA) and the Interactive Games and Entertainment Association (IGEA) - are merging their organisations to create one single association.

Global IT solutions provider Hyland has announced the acquisition of blockchain digital credentialing solutions provider Learning Machine.

Total technology industry merger & acquisition deals in December 2019 worth US$17.03 billion were announced globally, marking a decrease in value of 44.7% over the number of deals in the previous month - and a drop of 35.8% when compared with the last 12-month average of US$26.51billion.

Global venture capital (VC) funding in digital health, including private equity and corporate venture capital, declined in 2019 with US$8.9 billion raised in 615 deals, a 6% drop compared to US$9.5 billion in 698 deals in 2018, according to a new report.

Global email and data security company Mimecast has acquired digital threat protection vendor Segasec.

Australian enterprise IT management provider Epicon has acquired ServiceNow partner Service Potential as it moves to expand services across the country.

Australian IT training company NextTech, has acquired the franchisee assets of US-based information technology training services provider New Horizons.

Total technology industry merger & acquisition deals in the UK in the third quarter this year were worth US$3.25 billion, according to a new report.

Australian-listed telecommunications provider Vonex is to acquire wholesale data solutions provider 2SG.

Australia’s technology industry saw a rise of 30% in overall deal activity during the third quarter of 2019, when compared with the last four-quarter average, according to a new analyst report.

Australian-listed risk and safety technology vendor VaultIntelligence has announced the signing of an agreement for the purchase of Vault Solo subscriptions by Singapore communications providers M1.

CBL Markets (CBL) and Xpansiv have completed a merger to form Xpansiv CBL Holding Group (XCHG), a “first-of-its-kind platform” that uses authenticated production data to enable the creation and transaction of commodity products comprised of information that, until now, was invisible.

Management consulting and professional services firm Accenture is set to acquire Analytics8, a privately held Australian big data and analytics consultancy that specialises in data management, reporting and visualisation, data science and analytics services.

UK-headquartered robotic process automation software company Blue Prism has completed its acquisition of intelligent automation platform provider Thoughtonomy.

Motorola Solutions has acquired WatchGuard Video in a deal which it says adds new capabilities to its video security solutions portfolio.

New Zealand’s competition regulator, The Commerce Commission, has given the green light for the Infratil investment consortium to acquire up to 50% of the shares in Vodafone New Zealand.