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Accenture Seals Deal for Acquisition of New Zealand’s Solnet

Global professional services company Accenture has completed its acquisition of Solnet, a New Zealand IT services provider. The Accenture press release on the latest acquisition did not disclose the terms of the acquisition but noted that it adds over 100 cloud technology professionals to Accenture New Zealand, which maintains offices in Auckland and Wellington. Solnet,...

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UAE’s Edge Group Acquires Majority Stake in Swiss VTOL Maker Anavia

Abu Dhabi-based Edge Group has acquired 52 percent majority shares of Swiss vertical takeoff and landing system manufacturer Anavia.  The move makes Edge a leader in VTOL.  “The acquisition of a majority share in Anavia is an important step in Edge’s strategy of bolstering its advanced autonomous aerial vehicle capabilities as it rapidly expands its...

Thales Acquires Australia’s Tesserent as It Looks to Strengthen Its Global Cybersecurity Portfolio
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Thales Acquires Australia’s Tesserent as It Looks to Strengthen Its Global Cybersecurity Portfolio

French defense and aerospace company Thales has finalized its acquisition of Australian cybersecurity firm Tesserent, a deal that it said will contribute to building its cybersecurity business worldwide. Tesserent’s full suite of cybersecurity solutions and services delivered a 2022 turnover of $117.4 million, making it one of the leading industry players in the country. Its...

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Scan Global Logistics Set to Acquire Portuguese Defense and Government Logistics Company

Scan Global Logistics has signed an agreement to acquire Portugal-based company Freight & Logistics Solutions.  The deal is the latest in a series of acquisitions SGL has made in 2023. The multinational logistics provider recently acquired Sand Road Freight, ETS Transport & Logistics,  ETS Fulfillment and Belglobe. FLS, founded in 2014, specializes in defense and government...

UK Regulator Clears Broadcom Plan to Acquire VMware
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UK Regulator Clears Broadcom Plan to Acquire VMware

The Competition and Markets Authority in the U.K. said it has given the green light for U.S.-based computer chip and software maker Broadcom’s acquisition of cloud technology company VMware after determining that the deal does not weaken market competition. Reports said regulators launched an investigation over concerns that the combination of the two technology companies...

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