COMPANY NEWS by Brad Rosairo, Director, Asia-Pacific, BitTitan: Anyone who has moved a household knows that without preparation and planning, it can be a chaotic experience. There are different considerations when moving regarding what to keep, how to pack your various possessions, how to prioritise what to move, and how to protect your valuables.
Australian cybersecurity consultancies Privasec, Solista, CXO Security and Naviro have merged to form Sekuro.
Amazon has agreed to acquire MGM for US$8.45 billion.
Australian-listed telecommunications services provider Hubify has appointed former chief financial officer of Hearing Australia, Nick Fitzgerald, as chief financial officer and company secretary.
Australian-listed health fund nib Group has launched a new specialist healthcare data science and services company in a joint venture with global health services provider Cigna Corporation.
Australian-listed internet service provider Spirit Telecom has acquired managed services provider Phoenix Austec, in a $1.6 million deal.
Security vendor BlackBerry has agreed to purchase Cylance — which focuses on the application of AI to cyber security — for US$1.4 billion.
New Zealand’s competition regulator The Commerce Commission has sent a letter of issue to defence contractor Thales over its proposed acquisition of fellow data encryption hardware and software provider Gemalto, raising concerns about the impact of the deal on product prices and quality.
Global entertainment and film giant Walt Disney is buying the Rupert Murdoch owned 21st Century Fox business for US52.4 billion in a move which both companies say sets them up to better compete in the growing internet streaming entertainment market.
Back in March, Extreme Networks announced it had bid US$100 million to acquire Avaya’s networking business, and that deal has now officially completed.
Integration, API management, and analytics vendor Tibco Software has acquired microservices specialist nanoscale.io.
Software platform vendor Progress has acquired backend as a service (BaaS) provider Kinvey for US$49 million.
Cyber security concerns rank high on the list when corporates and private equity firms consider mergers and acquisitions of software companies, according to a survey conducted by the legal firm West Monroe Partners and Mergermarket, an intelligence tool used for tracking mergers and acquisitions.
The new company to be formed by the proposed merger of CSC and the enterprise services business of Hewlett Packard Enterprise will be called DXC Technology.
Payroll specialist Ascender has acquired the Australia and New Zealand business of NGA Human Resources.
The media is littered with news of mergers and acquisitions (M&A), and the return on investment (ROI) comes down to well documented IP (Intellectual Property) and BPM (business process management/mapping).
The head of Australia's competition watchdog has warned against blindly accepting the conventional wisdom that concentration of industries will be of benefit to a country, but not advocated any position on mergers and acquisitions.
Opponents of the US$85.4 billion AT&T acquisition of Time Warner from both ends of the political spectrum in the US have publicly called for the deal to be quashed.
Dell's acquisition of EMC has been completed.
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