SAN FRANCISCO: Salesforce announced Tuesday it is buying cloud data management firm Informatica in an $8 billion deal as the enterprise software giant expands its push into artificial intelligence. The acquisition will integrate Informatica’s data catalog, integration and governance services with Salesforce’s…
Mayville Engineering Company (NYSE: MEC), a leading provider of design and manufacturing solutions, announced Monday it has reached a definitive agreement to acquire Accu-Fab, LLC, a contract metal fabricator, from Tide Rock Holdings for $140.5 million. The deal, expected to…
LONDON: CapAI plc (LSE: CPAI) announced Tuesday that it has entered into a strategic alliance agreement with U.S.-based venture capital firm R42 Group, Inc., in a move aimed at expanding early-stage artificial intelligence (AI) development opportunities. The AI alliance, effective June 1,…
JAKARTA: The Indonesian Coast Guard (Bakamla) has officially launched its National Maritime Security System (NMSS) project, a €167 million initiative in partnership with SRT Marine Systems plc, the company announced Tuesday. The project, which is set to unfold over two…
WASHINGTON: Serco Inc., the U.S. subsidiary of Serco Group, has finalized its acquisition of Northrop Grumman’s Mission Training and Satellite Ground Network Communications Software (MT&S) business following regulatory approvals, the company announced Tuesday. MT&S provides advanced mission training services and…
LONDON: Defence Holdings PLC, trading as Defence Technologies, announced the release of its Five-Year Strategic Plan, outlining its strategy to expand in drone warfare, artificial intelligence, information operations and critical infrastructure defense to meet Europe’s evolving security needs. The company…
LONDON: Elementis plc, a global specialty chemicals company, today announced that it has simultaneously signed and completed the sale of its Talc business to IMI Fabi S.p.A, a global talc manufacturer, for an enterprise value of $121 million, with net…
LONDON: Private equity firm HGGC, LLC confirmed Tuesday that it is in advanced discussions with Inspired Plc over a possible cash offer of 81 pence per share, a bid that could result in a full acquisition of the company. HGGC,…
LONDON: M&C Saatchi announced the signing of an agreement to acquire Dune 23 Sport & Entertainment Sports Events Marketing Co. L.L.C. (Dune 23). Dune 23 is an award-winning sports agency in Dubai and Abu Dhabi which, as a strategic bolt…
SYDNEY: Assetora Limited (ASX:AOH) announced the launch of the Australian Homeowner Equity Fund, a new investment vehicle aimed at helping Australians enter the property market while offering wholesale investors access to a diversified residential property portfolio. The fund, which follows…
SYDNEY: Atturra Limited, a leading Australian technology services provider, announced plans to acquire DalRae Solutions, a premier SAP consultancy, in a deal worth up to $20 million. The acquisition aims to strengthen Atturra’s expertise in SAP’s Business Technology Platform (BTP),…
SYDNEY: Teaminvest Private Group Limited (ASX:TIP) announced Tuesday the termination of its agreement to acquire Enva Australia Pty Ltd and Enva Holdings Pty Limited, citing unresolved conditions for the deal. The company initially disclosed the conditional acquisition on March 6,…