Topic: industry consolidation

  • Veeam Buys Securiti AI in $1.7 Billion Data Security Deal

    Veeam Buys Securiti AI in $1.7 Billion Data Security Deal

    Veeam has acquired Securiti AI for $1.725 billion to enhance data management and protection, integrating its technology into Veeam's data resilience solutions by early December. The acquisition aligns with Veeam's strategy to expand its capabilities in data security and AI readiness, following a ...

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  • EA Buyout Stuns Gaming Industry: Key Reactions

    EA Buyout Stuns Gaming Industry: Key Reactions

    A private-equity consortium, including Saudi Arabia's PIF, Silver Lake, and Affinity Partners, has acquired Electronic Arts in a $55 billion leveraged buyout, marking a major shift in the gaming industry. The deal raises concerns about creative control, increased soft power for state-controlled f...

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  • Cuscal's Acquisition of Indue Gets Green Light

    Cuscal's Acquisition of Indue Gets Green Light

    Australia's competition regulator approved Cuscal Limited's acquisition of Indue Limited, concluding it won't significantly harm market competition after an extensive review. The ACCC found that despite both companies being major providers, customers have multiple alternative suppliers and indust...

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  • 2025 Tech Layoffs: The Complete List

    2025 Tech Layoffs: The Complete List

    The technology sector has seen over 22,000 job cuts in 2025, driven by companies prioritizing AI integration and operational efficiency, with February alone accounting for more than 16,000 layoffs. Major tech firms like Google, Microsoft, and Amazon conducted significant workforce reductions, oft...

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  • Advent Partners Takes Majority Stake in Efex

    Advent Partners Takes Majority Stake in Efex

    Advent Partners has acquired a majority stake in efex, an Australian managed IT services provider, to support its expansion, enhance service offerings, and continue its strategic acquisition model under founder and CEO Nick Sheehan. efex serves 7,500 customers across Australia with a comprehensiv...

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  • Samsung's Audio Empire: Now Home to Denon, Marantz & More

    Samsung's Audio Empire: Now Home to Denon, Marantz & More

    Samsung's subsidiary Harman has finalized the acquisition of Sound United for $350 million, significantly expanding its portfolio of audio brands. The deal brings legendary hi-fi brands like Denon, Marantz, Bowers & Wilkins, and Polk Audio under Samsung's control, joining existing brands such as ...

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  • Fivetran and dbt Labs Merge in Major Data Infrastructure Shift

    Fivetran and dbt Labs Merge in Major Data Infrastructure Shift

    Fivetran and dbt Labs have merged in an all-stock deal to create an open data infrastructure platform that integrates data movement, transformation, and activation, aiming to simplify workflows and support various tools and AI models. The merger reinforces a commitment to open-source development,...

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  • Supermetrics Buys Real-Time CDP Relay42 to Boost Analytics

    Supermetrics Buys Real-Time CDP Relay42 to Boost Analytics

    Supermetrics acquires Relay42, combining its data integration strengths with Relay42's real-time personalization technology to offer unified customer insights for marketers. The merger enhances Supermetrics' platform with Relay42's enterprise-grade CDP capabilities, enabling personalized customer...

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  • LevelBlue Acquires Cybereason to Boost Global Security Services

    LevelBlue Acquires Cybereason to Boost Global Security Services

    LevelBlue has acquired Cybereason to enhance its global cybersecurity services by combining advanced MDR solutions with Cybereason's XDR platform, threat intelligence, and DFIR capabilities. The acquisition introduces new investors like SoftBank and Liberty Strategic Capital, with former U.S. Tre...

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