M&A Updates on the Go!
The EU gives a nod to HPE’s USD 14 Billion acquisition of Juniper Networks
Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks has been given a green signal by the EU stating that the proposed transaction won’t raise any competition concerns in the European Economic Area. The acquisition aims to merge the companies' strengths in networking and IT infrastructure, encompassing servers, storage, routing, switching, security, and associated consulting services. Given the increasing importance of cloud infrastructure in the rapidly advancing AI sector, the merger is positioned as a strategy to accelerate AI-driven innovation.
Accenture acquires Logic to enhance its retail technology transformation capabilities
Founded in 1997 and HQ in Minneapolis, Minnesota, Logic has been acquired by Accenture for an undisclosed amount. Logic has strong capabilities?in merchandising, stores, digital, analytics, and cloud and through this acquisition, Accenture seeks to drive technology transformations for retail clients globally. Logic has offices in 11 countries and serves more than 150 retail clients worldwide. Logic’s digital, data, and cloud capabilities along with its deep industry experience, are expected to complement Accenture’s technology capabilities and deliver impactful results to the clients
领英推荐
Canva to acquire a GenAI content and research startup, Leonardo.ai
To broaden the scope of its AI tech stack, Canva acquires Leonardo.ai, a generative AI content and research startup. Founded in 2022, and HQ in Sydney, Leonardo.ai provides collaboration tools and a private cloud for model management, including video generation capabilities. It also offers APIs that allow customers to build their technological infrastructure on top of Leonardo.ai’s platform. All 120 Leonardo.ai's employees will be joining the Canva team including the executive members.
Axway acquires Sopra Banking Software
Axway, a leading provider of cloud-based integration and API management solutions, completed the acquisition of Sopra Banking Software. This strategic move positions Axway as one of France's top enterprise software publishers, solidifying its leadership in the banking and financial services sector. The acquisition brings together two industry leaders with complementary strengths, creating a powerful force in the market. Axway's expertise in integration and API management, combined with Sopra Banking Software's deep domain knowledge in banking and financial services, will enable the combined entity to offer comprehensive solutions to its customers.
?Interested in knowing more? Connect with us today and stay updated!