Displaying items by tag: Acquire

US mobile network operator T‑Mobile has entered into a definitive agreement to acquire Vistar Media, a provider of technology solutions for digital-out-of-home (DOOH) advertisements.

Motorola Solutions (NYSE: MSI) has entered into a definitive agreement to acquire Theatro Labs, Inc. (“Theatro”), maker of AI and voice-powered communication and digital workflow software for frontline workers, based in Richardson, Texas. 

Arctic Wolf to enhance its Security Operations Aurora Platform with best-in-class endpoint prevention, detection, and response

COMPANY NEWS: Two global leaders in security software and services have announced they have entered into a definitive agreement for  Arctic Wolf to acquire  BlackBerry's  Cylance® endpoint security assets.

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• Atturra Limited (Atturra), through its subsidiary Cirrus Networks Holdings Pty Ltd (ACN 103 348 947), to acquire Morgan Holdco Limited (Company number: 6615254) (Plan B) (Acquisition), a leading cloud, network connectivity, data centre and managed services provider.
• The Acquisition strengthens Atturra’s base to expand its managed services, private cloud and overall offerings to all of New Zealand and will provide a highly predictable revenue stream.
• Plan B operates a national network of five primary data centres (DCs) across New Zealand’s North and South Islands. Atturra will acquire more than 1000 clients across ANZ through the acquisition. The upfront consideration is NZD20.0M in cash, with earn-out/post-completion consideration of up to NZD4.5M in cash subject to Plan B achieving performance hurdles based on audited EBITDA targets for FY25. The purchase price, including upfront and deferred consideration, is based on a multiple of 6.2x forecast EBITDA. Integration costs are expected to be approximately $AUD580,000.
• The upfront consideration in Australian Dollars is AUD19.43M in cash with earn-out/post-completion consideration of up to AUD4.09M in cash subject to Plan B achieving performance hurdles based on audited EBITDA targets for FY25. This is based on an approximate AUD:NZD currency exchange rate of 1:1.1015

COMPANY NEWS: Building energy optimisation company EP&T Global Limited (ASX: EPX) is pleased to announce it has entered into a binding agreement to acquire United Kingdom based, Coda Cloud Limited’s (‘Coda’) technology and business assets.

Cyberint’s AI-driven External Risk Management Solution Will Enhance the Check Point Infinity Platform, Delivering Collaborative, Actionable Intelligence Against Advanced Threats 

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• Atturra Limited, through its subsidiary Atturra Advisory Pty Ltd ACN 117 643 240 (“Atturra Advisory”), to acquire Exent Holdings Pty Ltd ACN 667 230 328 (“Exent”).

• Upfront consideration for Exent is $6m in cash, with earn-out/post-completion consideration of up to $2m in cash, subject to Exent achieving first half FY25 performance hurdles.

• Strategically aligned acquisition of Exent helps Atturra extend its advisory and consulting capabilities outside of Canberra and Defence and expand the practice nationally.

• The purchase price, including upfront and deferred consideration, is calculated on a multiple of 6.5x forecast EBITDA contribution to Atturra in FY25. 

Significantly expands access to the ~$190 billion rapidly growing, specialized
Engineering Research & Development services market

Immediately accelerates growth opportunity through presence in attractive
aerospace & defense sector with established blue-chip clients

Expected to deliver >$100 million in annual revenue synergies
within three years and to be accretive to 2026 EPS

Cognizant (NASDAQ: CTSH) (the "Company") today announced it has signed a definitive agreement to acquire Belcan, LLC ("Belcan"), a portfolio company of AE Industrial Partners and a leading global supplier of Engineering Research & Development (ER&D) services, at a purchase price of approximately $1.3 billion in cash and stock, subject to customary adjustments.

Addition of Egress’ cloud email security solution to KnowBe4’s comprehensive product suite will createthe largest, advanced AI-driven cybersecurity platform for managing human risk

New Zealand’s competition regulator The Commerce Commission has received an application from Evergreen NZ Holdings seeking clearance or authorisation to acquire 100% of the shares in ACM New Zealand Limited from ACM Holdings (NZ) Limited.

Australian BPO services and offshore contact centre operator Acquire has moved to diversify and expand its range of business processing services with the finalisation today of the acquisition of Philippine-based BPO Shore Solutions.