Access Acquires Microdec, continues expansion of Recruitment Division
The Access Group, one of the UK’s leading providers of software to growing mid-market businesses, has announced the acquisition of Microdec, software supplier with over 35 years’ experience providing CRM software exclusively to the recruitment industry. The acquisition of Microdec, with revenues of over £5.3m, is a testament to Access’ commitment to the recruitment industry and demonstrates clear investment in fulfilling its ambitious plans for the future. In recent years, Access has significantly expanded its recruitment portfolio beyond its original flagship CRM product, Access RDB, to incorporate pay and bill and candidate screening after last year’s acquisition of Safe Computing. This has enabled it to help businesses with everything from sourcing, screening and attracting the right candidates, paying workers, contractors and candidates right through to billing clients and manging cash collection.
Microsoft company, LinkedIn, Agrees to Acquire Glint for $400 Million
Sunnyvale & Redwood City, California - 8th October 2018 - LinkedIn has signed an agreement to acquire Glint, an enterprise-grade, AI-driven, employee engagement platform, designed to help organizations do their best work, develop their skills and improve business results. LinkedIn sees the combination of LinkedIn and Glint offers a unique opportunity to transform the talent function in a way that will help their clients build great teams through visibility into the people they have, the people they need, and with the means to attract, develop and retain the best talent. Through Glint, executives have the tools to answer questions about the health and happiness of the talent they have, while giving managers at all levels the access and insight they need to improve and build thriving teams. This acquisition offers managers the ability to translate the specific feedback they get from their employees into a personalized LinkedIn learning experience, focused on the topics that will help them improve, thus making the feedback much more actionable.
Iron Mountain Acquires GRM's China Operations - Significantly Expands Presence in China
Shanghai, China – 8th October 2018 - Iron Mountain Incorporated a storage and information management services company, has announced the acquisition of GRM's Chinese operations, expanding Iron Mountain's presence in Beijing, Shanghai, Guangdong, Qingdao, Dalian, Chengdu and Wuhan (including over 2.5 million cubic feet of storage); 550 customers; and add 170 employees to its Chinese operations. "The acquisition of GRM China advances our strategy for expanding Iron Mountain's presence in faster growing Asian markets like China," said Ernest Cloutier, Executive Vice President and General Manager, International for Iron Mountain. "In Asia, we see a growing opportunity for records and information management outsourcing. We seek to capitalize on this opportunity, in part, by acquiring leading local providers that share our commitment to best-in-class service delivery, trust and security. This enables us to support our local, regional and global customers; enhance returns as we integrate these companies into our regional business; and ensure we are poised to make the most of the global trend of information management outsourcing."
Mercer Invests in Talent Assessment Market With Mettl Acquisition
India, New Delhi – 8th October 2018 - Mercer, a global consulting company in advancing health, wealth and career and a wholly-owned subsidiary of Marsh & McLennan Companies, inc, has agreed to acquire Mettl, a cloud-based technology and data sciences-driven talent assessments organisation, based in India. According to Ilya Bonic, Global President of Mercer’s Career line of business, the acquisition marks Mercer’s entry into the rapidly-growing global talent assessment market and further enhances its position as a trusted strategic talent advisor to companies. “Online talent assessment is a powerful tool that helps companies unlock the potential of their people. Mettl is a disruptive HR tech start-up that has pioneered a robust assessments platform,” said Anish Sarkar, CEO, India, Mercer. “The combination of Mercer’s pedigree and talent industry experience in India and Mettl’s leading-edge and scalable proprietary technology platform, will enable companies in India to improve their workforce as they prepare for the future of work amidst rapid digitization,” he added.
Stealthbits Technologies Partners with The Ponemon Institute to Reveal the Current State of Data Access Governance
Hawthorne, NJ – 8th October 2018 - STEALTHbits Technologies Inc., a cybersecurity software company focused on protecting an organization’s sensitive data and the credentials attackers use to steal that data, has announced their partnership with the Ponemon Institute to release a study on the current state of Data Access Governance. Organizations are increasingly vulnerable to risks created by the lack of oversight, visibility and controls over employees and other insiders who have access to confidential and high-value information assets. The 2018 Study on State of Data Access Governance, sponsored by STEALTHbits, reveals the importance of Data Access Governance as a means of effectively reducing the risk created by employees’ and privileged users’ accidental and conscious exposure of confidential data. “Very often the weakest link in an organization’s security posture is privileged access abuse,” said Dr. Larry Ponemon, chairman and founder of Ponemon Institute.
Epic Games Acquires Kamu, Game Security and Player Services Company
Cary, N.C. – 8th October 2018 – Epic Games has acquired Kamu, a Helsinki-based company supporting the live management of player satisfaction, community building and game integrity. Founded in 2013, Kamu offers a suite of services focusing on game security, game telemetry and game management. Kamu’s Easy Anti-Cheat service protects more than 80 games and is installed by over 100 million PC players globally. “Kamu’s team and tools have been key to building a vibrant Fortnite multiplayer experience that’s fair for all players,” said Tim Sweeney, founder and CEO of Epic Games. Simon Allaeys, CEO of Kamu said, “Joining the Epic family is not only a childhood dream come true, but a huge boost for our mission to help developers create beautiful gaming experiences. Battling cheating in games was just the start; today our products also help developers stay competitive by identifying player needs as quickly as they emerge.”
IT Lab Completes Acquisition of Content and Code
London, UK - 4th October 2018 - IT Lab, the technology services and solution provider behind McLaren F1 sports cars and the British Paralympics Association, has announced the acquisition of Microsoft 2018 Worldwide Partner of the Year, Content and Code. The new combined business has a turnover approaching £60 million, boosting the IT Lab team from 450 to more than 550 employees operating globally from London, Manchester and Cape Town, serving more than 700 mid-market and enterprise clients. IT Lab has been backed by private equity firm ECI Partners, which typically invests in deals valued up to £200 million and had acquired a majority stake in IT Lab in 2016. In May 2017, IT Lab followed this with the acquisition of cyber security specialist Perspective Risk, making Content and Code the second of a number of planned acquisitions.
MSX International Acquires Impetus Automotive, Significantly Expands Presence, Services in United Kingdom
Detroit – 4th October 2018 – MSX International (MSXI), a global business process outsourcing company, has announced it has acquired UK-based Impetus Automotive , an international consultancy that works with vehicle manufacturers from around the world to improve performance and grow business within retail dealerships. This acquisition more than doubles the size of MSXI’s footprint in the UK market, and brings new capabilities to the organization and greater access to serve leading OEM clients. “The acquisition of Impetus Automotive combines best-in-class experience from two market leaders in the UK, while providing a pathway for clients to extend services across MSXI’s global presence,” said Patrick Katenkamp, CEO of Retail Network Solutions at MSXI. “This acquisition strongly supports our strategy to gain scale in core training, sales, and service offerings as well as strengthen client relationships with major automotive manufacturers.”
Upland Software Acquires Rant & Rave for $65M – Largest Acquisition to-date
Austin, Texas – 3rd October 2018 - Upland Software, Inc. a company offering cloud-based Enterprise Work Management software, has announced it has acquired Rant & Rave, a provider of cloud-based customer engagement solutions. Rant & Rave is used by over 100 leading European and international brands to proactively communicate with and gather fast feedback from their customers. "Rant & Rave broadens our product portfolio, adds an established sales channel for Upland messaging solutions in Europe, and enables Upland to drive sales of Rant & Rave solutions in the United States," said Jack McDonald, Chairman and CEO of Upland Software. "Moreover, the transaction is immediately and meaningfully accretive to Adjusted EBITDA per share and takes Upland to a $168 million annualized revenue run rate.” He added, “As this transaction demonstrates, our acquisition pipeline is robust, and we are actively pursuing additional opportunities."