BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on…
Summit, a leading provider of virtual servers and cloud-based application hosting, has announced the acquisition of Deft, a provider of data center and managed cloud services. The deal combines two innovative and fast-growing companies that offer colocation, cloud, and network services to a diverse range of customers. The acquisition will allow the combined business…
The cinema software company posted a 25% increase in EBITDA and a 6% increase in revenue, driven by its cloud-based solutions and new client signings. WELLINGTON: Vista Group International Limited (NZX & ASX: VGL), a leading provider of cinema management, film distribution and customer analytics software to the global film industry, announced its full…
SYDNEY, AUSTRALIA: Objective Corporation, a leading provider of software solutions for the public sector, has announced its financial results for the first half of FY2024, showing continued growth in annual recurring revenue (ARR), profitability and customer value. The company’s ARR increased by 15% year-on-year to $82.6 million, driven by strong demand for its cloud-based…
SYDNEY, AUSTRALIA: Victor Group Holdings Ltd (ASX: VIG), a leading provider of cloud-based education solutions in China, has announced its strategic investment in LIT Technology Pty Ltd, an innovative fintech company with a strong presence in Vietnam. The deal, valued at AUD2,000,000.00, will be completed through the issuance of 80,000,000 shares at an issues…
Cloud repatriation is the process of moving some or all of your cloud-based workloads back to on-premises infrastructures. It may sound counterintuitive, but it is a growing trend among organizations that have experienced challenges or disappointments with their cloud projects. In this blog post, we will explore the drivers and experiences of cloud repatriation,…
Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, and Altium Limited, a global leader in electronics design systems, have agreed to a deal that will see Renesas acquire all outstanding shares of Altium for A$68.50 per share, valuing the company at A$9.1 billion. The acquisition will enable the two industry leaders to establish…
AUSTIN: SailPoint Technologies Holdings announced the completion of its acquisition of ERP Maestro, an early stage SaaS governance, risk and compliance (GRC) solution. With this acquisition, SailPoint unites identity security with separation of duties (SoD) access controls monitoring for an organization’s most critical applications, like SAP. This integrated approach addresses the growing risk of…
Lumen Technologies (formerly CenturyLink) is an American telecommunications company headquartered in Monroe, Louisiana, that offers communications, network services, security, cloud solutions, voice, and managed services. The company is a member of the S&P 500 index and the Fortune 500. Its communications services include local and long-distance voice, broadband, Multi-Protocol Label Switching (MPLS), private line…
SYDNEY: The Cipherpoint Board announced that it has entered into a global Reseller Agreement with the US based Nucleus Cyber Group. Cipherpoint will resell Nucleus Cyber’s NC.Protect solution for data security in the cloud. This will accelerate Cipherpoint’s ability to offer products across a wide range of enterprise platforms both on premises and in…
SAN JOSE: Samsung Electronics Co. Ltd., a world leader in advanced semiconductor technology, announced the launch of ‘Samsung Advanced Foundry Ecosystem (SAFE) Cloud Design Platform (CDP)’ for fabless customers, in collaboration with Rescale, a leader in high performance computing (HPC) applications in the cloud. The key highlight feature of Samsung foundry’s first SAFE™ Cloud…