AUSTIN: Vixul said on Thursday its portfolio company ScaleSec has been acquired by RKON Technologies, a move aimed at strengthening RKON’s cloud security capabilities. Under Vixul’s guidance, ScaleSec achieved financial maturity and operationalized customer acquisition strategies, resulting in stable revenue growth that positioned the firm for a successful transaction. Marsha Wilson, former co-founder and CEO…
Value Added Distributors LLC acquires L.T.L. Supply in first deal under Rotunda Capital partnership
POINT PLACE – Value Added Distributors LLC (VAD), a U.S.-based distributor of hoses, tubes, fabricated rubber products and hydraulic filtration solutions, said on Thursday it has acquired L.T.L. Supply, a Green Bay, Wisconsin manufacturer of custom wire harnesses. The deal marks VAD’s first acquisition since partnering with private equity firm Rotunda Capital Partners in 2024,…
Azul acquires Payara to expand enterprise Java platform reach
SUNNYVALE: California-based Azul Systems, the only company fully dedicated to Java, said on Thursday it has acquired Payara, a global provider of enterprise-grade Jakarta EE solutions, in a move aimed at accelerating application modernization and strengthening cloud-native deployments. The deal builds on nearly eight years of collaboration between the two firms, beginning with Azul Platform…
Baseten acquires reinforcement learning startup Parsed
SAN FRANCISCO: Baseten, a company powering inference for some of the world’s fastest-growing artificial intelligence products, said on Thursday it has acquired Parsed, a reinforcement learning startup specializing in post-training and continual learning for large models. The deal brings Parsed’s team of researchers and engineers into Baseten, unifying inference, data, evaluation and post-training in a…
POLYTEC divests UK operations to WHS Group, trims debt
HÖRSCHING: Austria’s POLYTEC Holding AG has sold its operational business in the United Kingdom to Britain’s WHS Group, a move aimed at sharpening its strategic focus and reducing debt. Under the agreement, WHS will take over POLYTEC’s ongoing UK operations and related assets, while POLYTEC will retain ownership of land and buildings, leasing them back…
OssDsign appoints Mark Waugh as new CEO
UPPSALA – OssDsign AB (publ.) today announced the appointment of Mark Waugh as Chief Executive Officer, effective 1st January 2026. He most recently served as Senior Vice President – Commercial at Medacta USA and has extensive experience in sales, marketing and commercial operations across all major orthopedic segments in global markets, including the USA and Europe….
Australian Oil Company acquires strategic Queensland assets; Eyes gas market expansion
SYDNEY: Australian Oil Company Limited (ASX: AOK) has signed binding agreements to acquire three petroleum leases and a pipeline license in Queensland’s Surat Basin, marking a strategic expansion into a region poised for increased gas demand. The assets, located near the town of Surat, include the producing Emu Apple Oil Field, the Riverslea Oil Field,…
StepChange to acquire ICT advisory firm BroadReach Group
PERTH, Australia – StepChange Holdings Limited (ASX: STH) has entered into a binding agreement to acquire BroadReach Group Pty Ltd, a Perth-based ICT advisory firm specializing in enterprise architecture, strategy, and digital transformation, the company announced on Wednesday. The acquisition will add approximately 40 senior consultants and strengthen StepChange’s capabilities in high-impact enterprise architecture and…
Symphal agrees to acquire Timms Group and L&D Contracting for $28 million to tap 2032 Olympics boom
SYDNEY – Australian infrastructure firm Symphal Group said on Wednesday it has agreed to buy two Queensland-based civil contracting and haulage businesses for A$28 million ($18.5 million), aiming to capture a wave of pre-Olympics construction in the state. Symphal will acquire the assets of Timms Group and L&D Contracting via an upfront cash payment from…
St Barbara sells 20% of Simberi Gold Project to Papua Guinea’s Kumul for $100 Million
PERTH – Australian miner St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project in Papua New Guinea to state-owned Kumul Mineral Holdings Limited for A$100 million ($66 million), the companies said on Wednesday. The binding deal follows a memorandum of understanding signed a year ago and supports the PNG…
Flight Centre to acquire UK’s Iglu in $155 million deal to boost cruise business
SYDNEY – Australia’s Flight Centre Travel Group said on Wednesday it agreed to acquire British online cruise agency Iglu for up to 127 million pounds ($155 million), accelerating its push into the high-margin global cruise market. The travel agency group will pay 100 million pounds upfront and up to 27 million pounds in performance-linked earnouts…
Netcall plc acquired Jadu Holdings, UK-based digital experience platforms for up to £19.2 million
LONDON: Netcall plc (AIM: NET), an enterprise software company that unites automation and customer engagement in one AI-powered platform, has acquired Jadu Holdings Limited, a UK-based provider of digital experience platforms. The total consideration is up to £19.2 million. The initial gross consideration is £15.2 million, comprising £11.2 million payable in cash from Netcall’s existing resources (with £0.6…