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…
PITTSBURGH – Wabtec Corporation (NYSE: WAB) has completed the acquisition of Austria’s Frauscher Sensor Technology Group GmbH, a global leader in advanced railway sensing and signaling, for an enterprise value of €675 million in cash, the companies announced today. The deal significantly expands Wabtec’s Digital Intelligence portfolio by adding Frauscher’s complementary train detection, axle counting,…
HELSINKI – Enento Group Plc’s Board of Directors has appointed Teppo Paavola (born 1967) as the new Chief Executive Officer of Enento Group. He will start in the position on 7 January 2026. Paavola will succeed interim CEO Elina Stråhlman, who will continue in her role as the company’s CFO. Teppo Paavola brings deep…
LONDON: Lloyds Banking Group is today announced the acquisition of Curve, a London based fintech operating an innovative digital wallet platform. The acquisition of Curve is a strategic move to broaden and accelerate Lloyds Banking Group’s digital transformation. Curve operates a pioneering digital wallet platform that brings all cards and alternative payment sources into…
SYDNEY — Vection Technologies Ltd (ASX:VR1) said on Tuesday it will acquire Hong Kong and Singapore-based digital marketing agency Monogic Limited in a scrip-only deal aimed at accelerating its expansion across the Asia-Pacific region. The acquisition, expected to close by Dec. 31 pending regulatory and shareholder approvals, will see Vection issue up to A$1.6…
Verbrec to acquire Alliance Automation for $5.5 million, divests Competency Training business SYDNEY: Australian engineering services firm Verbrec Limited (VBC.AX) said on Wednesday it has agreed to acquire automation and control company Alliance Automation from Telstra Group Limited (TLS.AX) for an upfront cash consideration of A$5.5 million ($3.6 million). The acquisition, outlined in a share…
TOKYO – Japan’s NEC Corporation (TSE: 6701) said on Wednesday it will acquire U.S.-based software company CSG Systems International, Inc. (NASDAQ: CSGS) for approximately $2.89 billion in cash, a move aimed at significantly expanding its footprint in the North American telecom technology market. The deal, one of the largest overseas acquisitions by a Japanese tech…
TOKYO: Japanese distributors ARATA CORPORATION and PALTAC CORPORATION, along with data exchange firm PLANET, INC., said on Monday they will establish a new company to centralize product information management for the consumer goods industry. The new venture, Product Registry Services, Inc., aims to create a single, standardized source for product data – such as…
SOUTHFIELD: Stefanini Group, a $1 billion global technology company specializing in digital solutions, announced today the initiation of its merger with Cyber Smart Defense, a Romanian cybersecurity company, which will enable Stefanini to strengthen its cybersecurity capabilities in Europe. Effective today, Stefanini Group will acquire 100% of Cyber Smart Defense’s Romanian operations, solidifying a…
DUBAI: Cybersecurity firm Rapid7 Inc. (NASDAQ: RPD) announced on Wednesday the launch of a local entity and a United Arab Emirates-based instance of its security platform, a strategic move underscoring its commitment to the Gulf region’s growing digital economy. The expansion, which includes a new office in Dubai, is a direct response to the…
PERTH: Australian technology firm Vection Technologies Ltd said on Monday it has agreed to acquire digital transformation company Digital Experience Labs Pty Ltd (DXLabs) in an all-scrip deal, aiming to strengthen its earnings and expand its footprint in the Asia-Pacific region. The acquisition, which is expected to close by Oct. 31, will add approximately A$3.5…