Press Releases

PTC to acquire leading SaaS product development platform provider Onshape

PTC announced that it has signed a definitive agreement to acquire Onshape, creators of the first Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) with powerful data management and collaboration tools, for approximately $470 million (€423 million), net of cash acquired. (more…)

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October 25, 2019

Posted by: Anasia D'mello

WeDo Technologies’ WeMeet Americas conference addresses 5G fraud, security and revenue assurance concerns

WeDo Technologies, a specialist in Revenue Assurance and Fraud Management, continued its global series of user group conferences by hosting customers, prospects, and partners at its annual Americas event to discuss the latest trends and challenges facing the telecom industry. (more…)

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October 10, 2019

Posted by: Anasia D'mello

Shift in buyer pool as tech giants join the race to own the vehicle of the future, says Hampleton Partners’ report

The first half of 2019 has seen automotive technology deal-making news led by major tech giants challenging traditional OEMs for ‘ownership’ of the vehicles of the future, says Hampleton Partners’ latest report on Automotive Technology M&A (mergers & acquisitions). (more…)

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September 26, 2019

Posted by: Anasia D'mello

Xcelerator unites core Siemens Digital Industries software portfolio with Mendix

Siemens has announced Xcelerator, an integrated portfolio of software, services and application development platform that can be personalised and adapted to fit customer and industry-specific needs to help companies of all sizes become digital enterprises. (more…)

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September 9, 2019

Posted by: Anasia D'mello

Telco and edge cloud portfolio expanded by VMware for better connectivity and automation for CSPs and enterprises

VMware, Inc., an innovator in enterprise software, announced that it has expanded its Telco and Edge Cloud portfolio to drive real-time intelligence for telco networks, as well as improved automation and security for telco, Edge and IoT applications. (more…)

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August 30, 2019

Posted by: Anasia D'mello

PROS drives Digital Transformation shift in airline industry with acquisition of Travelaer SAS

PROS, a provider of AI-powered solutions that optimise selling in the digital economy, announced it has acquired Travelaer SAS, a digital innovator for the travel industry, for approximately $12 million (€10.8 million). (more…)

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August 26, 2019

Posted by: Anasia D'mello

IBM demonstrates commitment to open hardware movement

IBM announced at The Linux Foundation Open Source Summit that it will be contributing implementation rights to key technologies to the open community, further building upon IBM’s long legacy of open source development. (more…)

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August 22, 2019

Posted by: Anasia D'mello

California-based Mobileum to acquire roaming, fraud and revenue management firm WeDo Technologies

Two specialists in roaming, revenue assurance, and fraud management are joining forces to strengthen their solutions and support for the telecommunications industry. Cupertino, California-based Mobileum Inc., a global provider of analytics-based roaming and risk management solutions, is to acquire WeDo Technologies. (more…)

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August 16, 2019

Posted by: Anasia D'mello

Cisco announces intent to acquire Voicea

Cisco announced its intent to acquire privately-held Voicea, headquartered in Mountain View, CA. Voicea is the creator of real-time solution that provides meeting transcription, voice search, and meeting highlights/action items, with robust data privacy. (more…)

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August 8, 2019

Posted by: Anasia D'mello

Accenture acquires Northstream, Stockholm-based consultancy to communications service providers

Accenture has acquired Northstream, a Stockholm-based consultancy to communications service providers (CSPs) and networking services vendors. Terms of the transaction were not disclosed. (more…)

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August 5, 2019

Posted by: Anasia D'mello