Category: Wire

BERLIN: Warburg Pincus, the pioneer of private equity global growth investing, today announced the commencement of a dedicated European defence investment platform, reflecting the firm’s view that the sector is benefiting from sustained structural tailwinds and long-term policy support across the region. MEAG, as asset manager of Munich Re Group, will support the strategy as…

BOSTON: Wasabi Technologies, the hot cloud storage company, today announced it has acquired the Lyve Cloud business from Seagate Technology (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate received equity in Wasabi and became a shareholder of the company. Additional financial terms were not disclosed. “This acquisition…

NEW YORK: Hawkeye Systems Inc. (OTC: HWKE), a technology holding company, said that an investment group led by crypto industry veteran David Wachsman has acquired a controlling interest in the firm, setting the stage for a strategic overhaul into a global private equity and corporate advisory business. Wachsman, founder and CEO of strategic communications firm…

ROCHESTER: Transcat Inc. (Nasdaq: TRNS), a leading provider of test measurement, control and calibration, today announced the acquisition of SCM Metrology and Laboratories S.A. (SCM), a privately-held calibration services provider based in Costa Rica. The transaction closed effective April 9, 2026. The acquisition price of approximately $13 million was paid in cash and is subject…

CHICAGO: Pello Companies LLC, an open finance innovation firm, has agreed to acquire ByAllAccounts, a financial data aggregation technology provider, from Morningstar Inc. (Nasdaq: MORN). Financial terms were not disclosed. The deal, expected to close in the first half of 2026 subject to customary conditions, will see ByAllAccounts operate as a standalone company following the…

LAKE FOREST: Assertio Holdings, a drug company, has agreed to be bought by another company called Garda Therapeutics. Under the deal, Garda will pay $18 per share in cash. That adds up to a total of $125.1 million. Shareholders will also get a special future payment, called a “contingent value right,” tied to one of…

BOSTON: A company called Dynatrace, which helps businesses monitor their computer systems, says it is buying another company named Bindplane. The deal is meant to help companies deal with a modern problem: too much data. As more businesses use cloud computing and artificial intelligence (AI), their computer systems produce a huge amount of signals. These…

SYDNEY: Canva, the visual communication platform used by more than 265 million people monthly, said it has acquired Simtheory, an AI collaboration and agent management platform, and Ortto, a customer data and marketing automation company, in a move to expand beyond design into end-to-end workflow and campaign management. The acquisitions are part of Canva’s ongoing…

SYDNEY: Arlington Capital Partners, a private investment firm focused on government regulated industries, said Tuesday it has agreed to acquire Eptec Defence, a provider of remediation and new build preservation services for Australian naval vessels. The transaction, whose terms were not disclosed, is subject to customary closing conditions and regulatory approvals. Eptec Defence operates as…

LONDON – Truespeed Communications and Freedom Fibre have signed an agreement to combine their businesses, creating a scaled, capital-efficient full fibre platform. The combined entity will play a leading role in the ongoing consolidation of the UK alternative network (altnet) sector. This merger brings together two highly complementary, effectively unlevered, businesses with a combined footprint…

SAN FRANCISCO: Data analytics software company Databricks said Monday it has raised $5 billion in new funding and secured $2 billion in additional debt capacity, solidifying a valuation of $134 billion. The privately held company also reported that its annualized revenue exceeded $5.4 billion for the January quarter, a 65% increase from the same period…