Sunday, May 26, 2024
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Merger & Acquisition Digest

A roundup of this week’s mergers and acquisitions in B2B…

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Avanade announced it has acquired Infusion, a global software engineering, design and digital strategy firm that delivers digital business transformation for the enterprise with strong Microsoft technology expertise. The acquisition expands Avanade’s capabilities to deliver digital transformation services and reinforces its position as a leading digital innovator in the Microsoft ecosystem.

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Palo Alto Networks, the next-generation security company, announced its acquisition of LightCyber, a privately held cyber security company that has developed award-winning, highly automated and accurate behavioral analytics technology. Under the terms of the agreement, Palo Alto Networks has acquired LightCyber for $105 million in cash.

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Smart City Holdings, a leading telecommunications and technology services provider for the convention industry, has announced the acquisition of AppBurst, a mobile app company that specializes in developing mobile applications for the event and conference industry.

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Globant, a digitally native technology services company focused on creating digital journeys, announced the strategic acquisition of Ratio, a leading digital services company specialized on video streaming solutions. With this acquisition, Globant expands its US footprint and its expertise in the media and entertainment segment.

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Cognizant announced the acquisition of Brilliant Service Co. Ltd., an intelligent products and solutions company headquartered in Osaka, Japan, specializing in digital strategy, product design and engineering, the Internet of Things (IoT), and enterprise mobility.

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