Mergers and Acquisitions (M&A) stories
On its day of admitting bankruptcy, Tintri can now be brought back from the brink after Data Direct Networks made a bid for acquisition.
Nexion Networks finalises merger with Site2, acquiring Metro IX Data Center. This expansion enhances Nexion's local and global IT and telecom capabilities.
Plantronics finalises the USD $2 billion acquisition of Polycom, broadening its portfolio in Unified Communications and Collaboration technologies.
By acquiring a global hosted data centre services business, Ensono hopes to strengthen its presence in the UK and US, and establish one in India.
DDN acquires Intel's Lustre File System business, aiming to boost its HPC, analytics, and cloud portfolio with substantial investment in new features.
The company expects sales of ICT products and services to increase by more than 3% per annum in 2018 and 2019.
IBM acquires Oniqua to enhance its IoT capabilities for asset-heavy sectors, integrating MRO inventory optimisation to reduce downtime and boost efficiency.
The move extends Continuum's cybersecurity offerings and ability to enable IT service providers to meet the mounting security and compliance needs.
The new deal will add over 10,000 broadband subscribers to Superbb, the newly formed retail broadband division of Superloop.
TIBCO says the acquisition will allow them to deliver a single solution to address a wide range of integration scenarios.
The sale and purchase agreement included conditions, including regulatory conditions, which had to be satisfied prior to completion.
The company says the opportunity to employ an 'experienced consulting leader' has come about as a result of the M-Power acquisition.
The Magento Platform brings together digital commerce, order management and predictive intelligence into a unified commerce platform.
DataScience.com is a platform that enables data scientists to deliver business-changing insights while leveraging big data and ML.
Red Hat acquired CoreOS in January, describing them as an innovator and leader in Kubernetes and container-native solutions.
As a result of the deal, RENT is set to acquire the existing RentPay system as well as its website and customer base.
Inabox, an ASX-listed tech platform, has revealed it's weighed informal offers to buy part or all of its business, citing dynamic industry consolidation.
The merger further fulfils the company's ability to offer customers hybrid-cloud solutions and core SaaS applications such as Office 365.
A Kiwi video game developer known worldwide for 'Path of Exile' has announced a majority acquisition from Chinese giant Tencent.
Cirrus Networks' acquisition of Correct Communications yields over AUD $2 million in new bookings from key government agencies, boosting Canberra market growth.