PARIS: Dassault Systèmes announced Tuesday that its subsidiary Centric Software, a leader in Product Lifecycle Management (PLM), has signed an agreement to acquire Contentserv, a prominent provider of product information management (PIM) and product experience management (PXM) solutions, for an enterprise value of €220 million. Centric Software specializes in innovative enterprise solutions that help plan, design, develop,…
All posts tagged acquires
Fortescue acquires over 90% of Red Hawk Mining
SYDNEY: Fortescue Ltd. (ASX: FMG) has acquired more than 90% of Red Hawk Mining Limited (ASX: RHK), paving the way for a compulsory acquisition of the remaining shares, Red Hawk announced on Wednesday. Through its wholly owned subsidiary, FMG Pilbara Pty Ltd., Fortescue has secured 90.09% of Red Hawk’s shares. The company issued a compulsory…
CyberArk acquires Zilla Security for $165 million
CyberArk (NASDAQ: CYBR), the global leader in identity security, announced today it has acquired Zilla Security for an enterprise value of $165 million in cash, with an additional $10 million earn-out contingent on milestone achievements. Zilla Security is renowned for its innovative, AI-powered Identity Governance and Administration (IGA) solutions. Zilla’s advanced IGA capabilities will enhance CyberArk’s…
EssilorLuxottica acquires Canadian start-up Cellview Imaging Inc.
PARIS: EssilorLuxottica, a leading global eyewear company, has acquired Cellview Imaging Inc., a Canadian start-up specializing in innovative retinal diagnostic imaging, as part of its ongoing commitment to elevate industry standards and improve the quality of vision care. The acquisition aims to expand EssilorLuxottica’s portfolio of ophthalmic instruments and solutions, marking a significant step in its…
Corient acquires Rootstock Advisors to expand UHNW client services
MIAMI: Corient, one of the nation’s largest and fastest-growing national wealth advisors, announced on Thursday that it has acquired Rootstock Advisors, a Pennsylvania-based registered investment advisory firm with approximately $600 million in assets under management as of January 31, 2025. This acquisition bolsters Corient’s ability to serve ultra-high-net-worth (UHNW) clients and extends its presence in…
Veris Limited acquires Spatial Vision Innovations for up to $3 million
SYDNEY: Veris Limited (ASX: VRS) announced Thursday the acquisition of Melbourne-based Spatial Vision Innovations Pty Ltd for up to $3.0 million, aiming to enhance its digital solutions and advisory services. The acquisition is expected to be finalized by early March 2025, subject to conditions precedent. Spatial Vision, founded in 1999, provides spatial solutions and GIS…
Serco Inc. acquires Northrop Grumman’s MT&S Business for $327 million
LONDON: Serco Inc., a subsidiary of Serco Group plc, has announced its agreement to acquire Northrop Grumman’s mission training and satellite ground network communications software business (MT&S) for $327 million in cash. The acquisition aims to enhance Serco’s scale, capabilities, and growth potential in the U.S. defense market, supporting programs across the U.S. Army, Space…
hVIVO acquires CRS units for €10 million
LONDON: hVIVO plc, a leading human challenge clinical trials organization, has acquired two clinical research units from German CRO CRS Clinical Research Services Management GmbH for €10 million. The Mannheim and Kiel units, known for cardiometabolic, immunology, and renal trials, add 120 beds to hVIVO’s capacity. The acquisition enhances hVIVO’s Phase I and II trials…
KKR acquires Dawsongroup to advance sustainable growth
LONDONH: Dawsongroup, a leading independent asset leasing business, and KKR, a global investment firm, announced today that KKR has entered into a binding agreement to acquire Dawsongroup. The acquisition is part of KKR’s Global Climate strategy aimed at scaling net-zero solutions and decarbonizing higher emitting assets, aligning closely with Dawsongroup’s sustainability goals. Established in 1935…
Tritax Big Box acquires Heathrow data center site, forms power JV
LONDON: Tritax Big Box REIT plc has announced the acquisition of a 74-acre site within the Slough Availability Zone near Heathrow Airport. The site, known as the Manor Farm site, is a key location for data centers within the EMEA region. Simultaneously, Tritax has secured a 50% stake in a joint venture with a leading…
DiscoverIE acquires German sensor manufacturer Burster Group for €30.6 million
LONDON: DiscoverIE Group plc, a leading international designer and manufacturer of customized electronics, has announced the acquisition of German-based specialist sensor manufacturer Burster Group for €30.6 million (£25.9 million) in an initial cash consideration. The deal will be funded from DiscoverIE’s existing debt facilities and includes an earn-out of up to €12.4 million (£10.5 million),…
IG Group Holdings acquires Freetrade for £160 million
LONDON: IG Group Holdings plc has announced the acquisition of Freetrade, a fast-growing, commission-free, self-directed investment platform, for £160 million. This acquisition aims to strengthen IG’s UK trading and investments offerings and provide access to new customer segments and capabilities. Breon Corcoran, CEO of IG, stated that this acquisition presents a rare opportunity to enhance…