Sunday, May 26, 2024

Merger & Acquisition Digest

A roundup of the weekly acquisitions and mergers in B2B…


Upskill (formerly APX Labs), a leader in enterprise software for augmented reality (AR) devices, announced the acquisition of Pristine, a leading software-as-a-service (SaaS) provider of AR collaboration and video streaming software. Pristine’s remote assistance and knowledge capture solutions will complement Upskill’s existing Skylight industrial AR platform to offer the most comprehensive product offering in the industry, making it easier for customers to meet their operational needs and IT requirements.


KPMG International has announced the acquisition of Matchi, a leading global fintech innovation and matchmaking platform that connects financial institutions, including banks and insurance companies, with leading-edge financial services technology solutions and companies worldwide. The Matchi platform includes more than 700 curated fintech solutions and a database of more than 2,500 fintech companies that financial institutions can work with to apply innovative fintech capabilities to solving their business problems and pursuing new market opportunities.


CLX Communications, a leading provider of global cloud-based communication solutions, announced the acquisition of the global mobile messaging and security services provider Dialogue Group Ltd for £32 million GBP on a cash and debt-free basis. The acquisition of Dialogue will help CLX to fast track entry into key markets within the Asia-Pacific region, while adding many additional mobile operators to its Tier One Super Network, which currently exceeds 200 carrier partners.


WidePoint Corporation, a leading provider of Managed Mobility Services (MMS) specializing in Cybersecurity and Telecommunications Lifecycle Management (TLM) solutions, announced that it has acquired the assets of Probaris’ Probaris ID Identity Management System software suite (Probaris ID®). The strategic purchase adds biometric capture and identity vetting capabilities to WidePoint’s intellectual property along with new contracts, partners, and other related assets. WidePoint’s proprietary identity management offerings are enhanced by the acquisition of Probaris ID, which can serve as a registration authority for enterprises and government agencies that need to issue and manage digital identities.


F-Secure announced it has acquired Digital Assurance – a UK based security consultancy firm offering information security assessment services to governments and companies in the financial, petrochemical, retail, communication, and defense industries. The acquisition will allow F-Secure to combine its award-winning endpoint protection and new cyber security solutions and services with Digital Assurance’s current offerings.


Happiest Minds Technologies, a next-generation digital transformation, infrastructure, security and product engineering services company, announced the acquisition of Cupola Technology – a specialized IoT services company with innovative solutions across the IoT lifecycle. This strategic acquisition is in-line with Happiest Minds’ vision to expand upon its already thriving IoT business by bringing in complimentary frameworks, ready-to-use solutions and marquee customers.


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B2BNN Newsdesk
B2BNN Newsdesk
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