Barclays stories - Page 2

SolarWinds has struck a deal to be acquired by Turn/River Capital for around USD $4.4 billion, offering shareholders a premium of 35% per share.

Sophos has acquired Secureworks for USD $859 million, solidifying its position as a top cybersecurity provider with enhanced comprehensive services.

Sophos has acquired Secureworks for USD $859 million, enhancing its Managed Detection and Response services for over 28,000 global organisations.

Retailers are gearing up for a recovery in 2025 by leveraging AI to harness customer data, aiming to tailor their offerings amidst changing consumer habits.

Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.

Citi and Barclays have invested in Validis to boost banking innovation, focusing on automated data standardisation for improved lending processes.

CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.

GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.

Progress to acquire ShareFile from Cloud Software Group for $875 million, enhancing its AI-powered collaboration services. Deal to close by 30 Nov 2024.

Nearly one-third of the world’s largest banks now disclose AI use cases and ROI, with UK banks like Barclays and NatWest tripling AI references over the past year.

CD&R and CVC will co-own Epicor, a leader in enterprise SaaS, under a new agreement enhancing SaaS migration and global expansion; financial terms undisclosed.

UK and European banks ramp up AI recruitment to boost workforce productivity, with a 12% rise in AI roles in UK banks and Deutsche Bank and Santander leading efforts.

A Darktrace report reveals that 71% of UK businesses have faced AI-powered cyber threats, with 95% feeling unprepared. Firms like Barclays and HSBC are at risk.

Barclays is teaming up with Microsoft to boost its security systems, leveraging AI to enhance detection and protection, securing trust in their digital framework.

The Quality Engineering Forum has launched the first Quality Engineering Charter, aiming to mitigate tech failure risks and enhance reliability.

Repeated software failures at major UK retailers, resulting in delivery hiccups and incorrect payments, highlight an urgent need for improved system maintenance and quality assurance.

A new Barclays report warns of potential blind spots in the buoyant AI investment landscape, stressing the need to balance optimism with readiness to tackle emerging challenges until 2025.

Manchester's Zally boosts leadership team with ex-Barclays' Paul Wilshaw and former MiQ CTO, Prabhu Prakash Ganesh, as it gears up for beta launch and ambitious drive into continuous authentication.

Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.

Barclays has initiated the Eagle Labs Academy, a free digital platform to foster and equip UK's future tech entrepreneurs.