Acquisition stories - Page 16

AMD to acquire ZT Systems for USD $4.9 billion, enhancing its AI strategy and data centre capabilities. The deal, featuring contingent payments, closes H1 2025.

AppOmni appoints Joel Wallenstrom as General Manager to spearhead its SaaS security initiatives, integrating Product, Engineering, and Customer Success disciplines.

Lumify Group has acquired Wizard Corporate Training, expanding its portfolio with 25 new professional development courses to enhance training solutions across Australasia.

CD&R and CVC will co-own Epicor, a leader in enterprise SaaS, under a new agreement enhancing SaaS migration and global expansion; financial terms undisclosed.

Commvault has been named a Leader in the 2024 GigaOm Sonar Report for Cloud-Native Data Protection, earning top marks across 10 key characteristics.

StorMagic appoints Susan Odle as Chief Growth Officer to spearhead enterprise sales amidst its SvHCI market launch. Odle to develop key strategies.

Tenable has named Shai Morag as chief product officer to accelerate its cloud-first strategy. Morag, who joined via Ermetic's acquisition, brings extensive cybersecurity expertise.

Fortinet boosts its enterprise data protection portfolio by acquiring Next DLP, enhancing its DLP capabilities across SASE and endpoint deployments.

Lentra joins the AWS ISV Accelerate Program, aiming to enhance digital lending for banks with its cloud-powered solutions, having processed USD $20 billion in loans.

Zendesk appoints AI strategy expert Lila Tretikov to its Board of Directors, enhancing the company's focus on leveraging AI to boost customer experience.

Spinnaker Support launches global third-party support for VMware following Broadcom's acquisition and the shift to a costly subscription model.

Canva has acquired Leonardo.AI, a cutting-edge AI content platform, to boost its design tools, enhancing capabilities for over 190 million users.

Bugcrowd's new CASPT solution aims to enhance security insights and provide continuous compliance, reducing organisations' exposure to external threats.

SentinelOne has named Alex Stamos as CISO. Stamos, formerly with Meta and Yahoo!, aims to drive secure system development amidst rising cyber threats.

Optimizely promotes Shafqat Islam to President, strengthening ties between product, marketing, and engineering; annual recurring revenue tops USD $400 million.

IBM Cloudability has been named a leader in cloud cost management by Forrester Research, excelling in 20 of 25 criteria within the Q3 2024 Forrester Wave report.

Incubeta names Ash Rane as APAC Client Director for Data, bolstering its expertise post-Persuasion acquisition and Sam Shennan's promotion to Regional CEO.

SS&C Blue Prism's CMO, Paul Taylor, reveals how automation and AI are driving business growth, efficiency, and innovation in an exclusive interview.

Lineaje secures USD $20 million in Series A funding to enhance AI-driven software supply chain security, boosting its total funding to USD $27 million.

Fiverr has acquired AutoDS, boosting its eCommerce capabilities by integrating advanced dropshipping tools and expanding its reach to thousands of entrepreneurs.