Salesforce pulls out of £8.8 billion Informatica deal

Salesforce has pulled out of its £8.8 billion deal to snap up data management software maker Informatica.
The two couldn’t agree on the deal’s details and have now stopped chinwagging, as reported by several news hounds, including The Wall Street Journal and Reuters. more»

 

Datech partners with Unity on tools

Datech, the design software and part of TD SYNNEX, has teamed up with Unity, a creator of real-time gaming, apps, and creation tools.
The move is part of a deal to bring Unity Pro and Unity Industry to North America and Europe, adding to what they already offer in Asia Pacific and Japan. more»

 

Version 1 snaps up Farsight

IT service provider Version 1 has acquired UK-based Farsight Consulting.
The transaction adds roughly £17.2 million in extra revenue and 133 employees to Version 1’s team.
Farsight is adept at executing digital transformation initiatives for public sector entities.
This acquisition enhances a pre-existing collaboration between the two firms, having partnered on several government projects. more»

 

Econocom goes on a recruiting drive

B2B digital services outfit Econocom plans to recruit 100 elite sales agents over three years.
The announcement aligns with One Econocom’s strategic roadmap, which aims to expand its “unique network of independent sales agents across Europe.”
The firm aims to achieve a revenue of £3.44 billion over the next five years, a significant jump from its current turnover of £2.4 billion. more»

 

Salesforce adds new features to Cloud

Salesforce is rolling out a bunch of nifty new features in the latest update to its Data Cloud platform to make data more accessible across its CRM apps.
In the newest release of its Data Cloud platform, Salesforce is offering a fresh set of features that improve data accessibility across its CRM apps and other business systems. more»

 

ConnectWise lays off staff

ConnectWise is strategically reducing its workforce to streamline operations and focus more on partner growth, claiming that this reflects the company’s long-term vision and commitment to its partners.
The company said the redundancies were  limited organisational changes to improve operations and ensure resources align with our partners’ growth opportunities.” more»

 

UK set for tech gold rush as GenAI sparks surge

According to a recent Gartner forecast, global IT spending will reach £4.1 trillion in 2024, an increase of eight per cent from 2023.
The beancounters at Big G say the forecast indicates a rise from the previous quarter’s predicted 6.8 per cent growth, suggesting that worldwide IT spending is set to exceed the £8 trillion mark well before 2030. more»

 

Tech giant Westcoast snaps up Spire Tech

Westcoast has acquired the share capital of Dorset-based IT components distributor Spire Technology.
The distributor will join Westcoast but continue operating as a separate entity, maintaining its current structure and management team.
Westcoast MD  Alex Tatham said that one of the main drivers for the acquisition was the lack of crossover with vendors. more»

 

Aqua Security announces 60 per cent growth in UK channel driven revenue

Cloudy security outfit Aqua Security has declared yet another year of remarkable channel growth – reaching more than 60 per cent.
The Aqua Advantage programme, spearheaded by Jeannette Lee Heung, Senior Director of Global Channel & Alliances, has played a pivotal role in propelling this positive trend. more»

 

Tech titans take charge of Saepio to fuel European expansion.

Security outfit Saepio has been snapped up by industry heavyweights Amir Nooriala and Daniel Cardenas-Clark. The duo, known for their tech prowess, have joined forces as co-CEOs following a meticulous investor search. They are set to co-pilot the company’s ascent in Europe. more»