IT Brief Asia - Technology news for CIOs & IT decision-makers

Private Equity stories - Page 7

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Epicor acquired by investment firm in huge US$4.7 billion transaction
Thu, 3rd Sep 2020
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it in manufacturing
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erp
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epicor
Clayton, Dubilier and Rice (CD-R) has acquired Epicor in a $4.7bn deal, with plans to drive growth in the manufacturing and distribution sectors.
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Tech Data to invest $750 million in digital transformation initiatives
Mon, 6th Jul 2020
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digital transformation
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investment
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tech data
Tech Data plans to invest USD $750 million in digital transformation over five years, following its acquisition by Apollo Global Management.
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Remote working trend bolsters cybersecurity investment - but downturn predicted
Wed, 24th Jun 2020
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firewalls
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network infrastructure
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network security
A new report from Canalys indicates investment in cybersecurity has increased 9.7% - but worsening economic conditions could turn the statistic around.
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Global technology industry deals total $34.4bn in April 2020
Wed, 27th May 2020
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martech
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commerce systems
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supply chain & logistics
Technology industry deals worldwide reach USD $34.4bn in April 2020, a 33.8% increase from March, driven largely by Asia Pacific activity.
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How a cyber-gang with a posh name stole millions from private equity firms
Fri, 24th Apr 2020
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phishing
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email security
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cybersecurity
The gang succeeded in its campaign by manipulating email correspondences, registering lookalike domains, and cashing out in phases.
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Cloudscene recruits AWS, Netflix, Digital Realty execs to advisory board
Wed, 8th Apr 2020
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hyperscale
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public cloud
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dc
Cloudscene bolsters its advisory board with execs from AWS, Netflix, Digital Realty, and NEXTDC, aiming to revolutionise the digital procurement landscape.
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New investor partnership to unlock $6bn for NZ business
Thu, 2nd Apr 2020
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partner programmes
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grant thornton international
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investment
New partnership between Neu Capital and Grant Thornton set to unlock USD $6 billion in funding for New Zealand's medium and small businesses.
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Sophos acquired for US$3.9 billion in cash
Tue, 3rd Mar 2020
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firewalls
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network infrastructure
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network security
In a 168% premium to its IPO share price in June 2015, Sophos stockholders now receive $7.40 per share, according to the company.
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Private equity deals in tech sector hit $11.79bn
Thu, 13th Feb 2020
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verint
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logmein
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thoma bravo
Private equity deals in the global technology sector surged to USD $11.79 billion in December 2019, a 17.05% increase from the previous month.
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Forecast: Ecosystm’s top 6 cybersecurity trends for 2020
Thu, 12th Dec 2019
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iot security
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data privacy
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ai
Australian IT professionals brace for heightened cybersecurity threats in 2020, as Ecosystm’s forecast highlights six key trends set to reshape the sector.
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Cyxtera spins out cybersecurity business into AppGate
Tue, 12th Nov 2019
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cloud security
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unified threat management
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cyxtera technologies
AppGate brings together a set of differentiated cloud- and hybrid-ready security and analytics products and services.
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Rubicon invests in inventory management software Cin7
Fri, 18th Oct 2019
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martech
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commerce systems
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supply chain & logistics
The funding will be used to accelerate Cin7’s global growth strategy through product innovation, sales expansion and continued investment in customer success.
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Jasper raises $2.3m led by European real estate investment giant
Mon, 23rd Sep 2019
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jasper wireless
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property market
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investment
Proptech startup Jasper has raised $2.3 million in a funding round led by pan-European investment and asset management firm M7 Real Estate.
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Application shielding startup RedShield raises $14m
Tue, 17th Sep 2019
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redshield
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capital raising
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startups
RedShield CEO and co-founder Andy Prow says that taking capital from a New Zealand private equity player was a strategic choice.
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DXC appoints new leader following Mike Lawrie retirement
Thu, 12th Sep 2019
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digital transformation
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recruitment
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accenture
DXC Technology has appointed Mike Salvino as its new CEO, following the retirement of Mike Lawrie, effective December 31.
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Queensland taps iseek for DCaaS on ICT panel
Wed, 17th Jul 2019
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hyperscale
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dc
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colocation
iseek’s growing number of Australia-based data centres has won it an appointment to the Queensland Government’s ICT supplier panel.
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We explain Magento in 17 key facts
Sat, 30th Mar 2019
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martech
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commerce systems
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adobe
Adobe's Magento cements lead in eCom; $155bn sales annually with vast partner network, new AI and cloud updates.
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Apax Partners wins bidding war for Trade Me buyout
Fri, 14th Dec 2018
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trade me
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m&a
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digital marketplace
Apax Partners secures the win to buy Trade Me for NZD $6.45 per share after Hellman and Friedman withdraws, valuing the company at NZD $2.56 billion.
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5c more per share: Trade Me bidding war heats up
Fri, 7th Dec 2018
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trade me
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m&a
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digital marketplace
Hellman and Friedman escalates the bidding war for Trade Me with a higher offer of NZD $6.45 per share, surpassing Apax Partners' NZD $6.40 bid.
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Trade Me receives $2.54 billion takeover bid
Wed, 21st Nov 2018
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trade me
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digital economy
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private equity
Trade Me's shares surged after receiving a NZD $2.54 billion takeover bid from Apax Partners, offering a 25.5% premium per share.