Tuesday, October 15, 2024
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Merger & Acquisition Digest

A look at Mergers and Acquisitions in B2B this week…

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Bitdefender, an innovative security software solutions provider, has acquired Profil Technology of France to rapidly bolster its global presence. The acquisition will be the largest in Bitdefender’s 15-year history and it will boost the company’s enterprise revenue and strengthen its position in the European and global markets.

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Ricoh announced the acquisition of Avanti Computer Systems Limited, a leading provider of Print MIS (Management Information System) targeted for the production print market. This acquisition enables Ricoh to further expand the value its production print workflow delivers to customers, as well as to help improve management efficiency and productivity of customers in the production printing market.

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Datavail, North America’s largest provider of managed services for data integration, management and database administration, announced the acquisition of Navantis, a 200-person Microsoft Premier Partner based in Toronto, Canada.

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Oracle announced that it has signed an agreement to acquire Apiary, whose pioneering APIFlow solution provides the framework and tools for developing application programming interfaces (APIs) that share enterprise services and data and help create modern, cloud-based applications and experiences.

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Liquid Web, LLC, a $100 million managed hosting provider focused on web-reliant professionals, announced the acquisition of Chicago-based managed web hosting company, WiredTree. This acquisition follows the completed purchase of Rackspace’s Cloud Sites business unit late last year.

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Wix.com Ltd. announced it has entered into an agreement to acquire flok, a customer loyalty and engagement platform. flok’s solutions are designed to increase customer value, generate organic referrals and boost small and medium businesses’ online presence and reputation. The move supports Wix’s strategic plan to further increase its portfolio of business technology solutions to give small and medium businesses easy ways to engage and reward their customers.

 

Feature image source: CEO Advisor

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