Displaying items by tag: Mergers & Acquisitions

Rapid digitisation has forced fashion brands to reimagine how shopping in the digital world takes place, but a more interconnected retail experience has increased the number of cyberattacks on fashion businesses in Australia, according to exposure management company Tenable.

Global cybersecurity company Sophos has acquired New York headquartered runtime visibility, detection and response for Linux production servers and containers provider Capsule8.

Former Telstra executive Cyrus Adaggra has joined Equinix to take up the role of Vice President of Corporate Development.

Australian-listed Spirit Technology Solutions - formerly known as Spirit Telecom - is acquiring cyber security services business Intalock for $15 million.

Energy provider TasNetworks arose out of the merger of Transend Networks and Aurora Energy’s electricity distribution business. The combined business inherited a myriad of duplicated IT platforms, data centres and applications. Salvation came in the form of NetApp's intelligent storage.

The number of deals in Australia’s technology industry dropped by 31% in the second quarter of this year, with 60 deals worth $748.4 million completed compared to the last four-quarter average of 87 deals, according to a new report.

Professional services firm Deloitte has boosted its cyber analytics team with the founder and staff of boutique risk consulting business, Converging Data Australia, joining the firm.

Email hosting provider FastMail has acquired the IC Group of companies comprising email services businesses Pobox and Listbox.

BlackBerry has completed the acquisition of Good Technology and will integrate Good’s software solutions and services with its own software suites to offer what it claims is the industry’s most complete end-to-end solution that secures the entire mobile enterprise, across all platforms and applications while protecting personal privacy.

The Inabox Group expects to break even by the end of June on its acquisition of Anittel, attributing a “turnaround’ of the IT services provider to growth in the HCS (Hosted Collaboration Solutions) business, new sales initiatives and labour productivity gains.

Accounting software vendor MYOB has taken up a minority stake in Australian Point-of-Sale start-up Kounta and will offer an integrated accounting and POS solution to the market.

Global IT recruitment group, Talent International, has entered the IT services market in Australia by acquiring Western Australia IT consultancy, Agile Logic, in a move designed to diversify the company’s business model.

Global customer experience systems and services vendor Amdocs is acquiring network management and optimisation solutions provider Celcite for $129 million in cash.