Deltix Announces Acquisition by EPAM Systems, Inc.
20th March 2020 - Deltix, Inc. has announced that it has been acquired by EPAM Systems, Inc. global a provider of digital platform engineering and software development solutions. As part of EPAM, Deltix will form a real-time computing lab that provides a center of excellence for industry-leading, real-time event processing and analytics. The lab will focus on capital marketing trading, risk and market data, as well as crypto trading, IoT and real-time signal processing. “We are pleased to welcome Deltix to EPAM. Deltix’s deep experience in quantitative research, algorithmic trading and execution analysis will be a valuable addition to EPAM’s growing FinTech practice, while also enabling us to expand these capabilities to other industries where real-time event processing is critical,” said Balazs Fejes, EVP, Co-Head of Global Business, EPAM Systems, Inc. “With our combined expertise, we look forward to helping our global customers gain actionable intelligence through event-driven data analytics.”
Ethos Group Acquires Pinnacle Document Solutions Group.
London - 19th March 2020 - The acquisition of the Welsh organisation further expands the Ethos Group's Managed Print business. Based in Cardiff, Wales, Pinnacle is a leading print and document solutions provider in the UK and Europe with over 30 years’ experience and supporting over 3,500 managed devices. As a fellow Xerox Platinum and HP Silver Partner, the acquisition of Pinnacle helps expand the Ethos Group’s print portfolio, further enhancing the bespoke service that Ethos can offer its customers whilst complementing and expanding its geographical reach. With a combined workforce of over 200 employees, annualised Group turnover will be in excess of £42M by the end of the next financial year whilst looking to maintain EBITDA at 18% of turnover. Barry Matthews, CEO of Ethos, and Clive Hamilton, Managing Director of Pinnacle, will continue to work together to support the Group’s ambitious growth plans. Ethos, CEO, Barry Matthews, commented: "The acquisition of Pinnacle, together with Clive and his staff represents a strategic growth opportunity providing a solid platform in South Wales and the South West of England to build upon..”
Alfresco Acquires Content Services Specialist - Technology Services Group
Boston – 17th March 2020 – Alfresco Software, an open source content services provider, has announced a strategic move to acquire long term partner, Technology Services Group (TSG), a Chicago based, Enterprise Content Management software and services firm. TSG provides expert advice, services and solutions – including strategic advisory, application development, software engineering, and software products – to many prestigious clients in North America. Jay Bhatt, Chief Executive Officer, Alfresco noted: “We are delighted to welcome TSG to the Alfresco family. This acquisition will add more industry specialists and technical resources to our team, who will serve our global customer base. TSG's 24-year experience in the Content Services market coupled with their experience with the Alfresco Digital Business Platform makes them the perfect complement to our growing business.”
Sabio Group has acquired DVELP, a cloud software product and consultancy company
London - 16th March 2020 - Call centre solutions provider, Sabio, has acquired, London-headquartered, cloud software product and consultancy company, DVELP. Sabio, which is on a run of acquisitions having taken on Team vision in January, intends to become the premier independent customer experience and contact centre innovator, integrator and thought leader. Commenting on the transaction, Sabio Group CEO, Jonathan Gale, said: “CX focussed organisations have more technology choice than ever before. The contact centre and CRM spaces are rapidly evolving through the adoption of emerging technologies such as Google’s Contact Center AI and Twilio Flex. Adding this capability and product set to our portfolio allows us to combine our partners’ solutions and our own IP to deliver greater flexibility and innovation. We anticipate a significant migration of CX and CC technology to the cloud over the coming years and believe that DVELP will be instrumental in helping Sabio clients to benefit from the democratisation of world-class NLU and AI technologies.”
FusionCharts acquired by Idera Inc
Wipro Digital Acquires Rational Interaction, Enhancing Customer Experience Offerings and Boosting Digital Marketing Capabilities
Bangalore - 14th March 2020 - The acquisition will scale Wipro Digital’s offering for Chief Marketing Officers, connecting Rational Interaction’s ability to map and orchestrate the customer journey with Wipro Digital’s ability to design and build experiences at global scale. Together, the companies will provide bespoke and effective solutions for the marketing suite. The combined offerings from Wipro Digital and Rational Interaction will address this and help CMOs scale for the future. Rational Interaction’s expertise in digital marketing and experience management complements Wipro Digital’s capabilities across digital engineering, architecture and design. Rational Interaction’s deep CX expertise and Wipro’s global scale and industry expertise will provide companies and their CMOs with the comprehensive digital programs and journeys needed in today’s customer-centric world. “This acquisition comes at a time when companies increasingly compete solely on CX, and the market for CX spending is growing exponentially,” said Rajan Kohli, President and Head, Wipro Digital, Wipro Limited. “Discovering, refining and optimizing the customer experience from first impression through repeat sale requires best-in-class talent, unique marketing technologies and methodologies, and the ability to scale and demonstrate payback quickly.”
Epic Games Acquires UK Facial Mapping Start-Up Cubic Motion
Cary, North Carolina - 13th March 2020 - Epic Games has announced that it has agreed to acquire Cubic Motion, a computer vision start-up that’s been building out a platform for capturing more realistic facial animations with a complex camera rig and software platform. The game studio behind Fortnite and the Unreal Engine has already collaborated with the UK-based start-up, creating a number of tech demos over the past several years that have centered on translating an actor’s facial movements into a digital character in real-time. The start-up’s Persona product, which launched last year, bundles both its software and motion capture hardware rig. Cubic Motion’s technology has been used in recent blockbuster gaming titles such as Sony Interactive Entertainment’s “God of War” and Insomniac Games’ “Spider-Man”. The start-up will continue serving existing customers while also accelerating integrations between the company’s tech and Unreal Engine, the companies said in a press release. Terms of the deal weren’t disclosed.
SHOUT OUT TO TECH HELPING HANDS
Facebook Small Business Grants Program
Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where we operate. We’ll share more details as they become available.
Qualtrics: The ongoing development of Coronavirus (COVID-19) is changing the way we work
Beginning immediately, we are making the Qualtrics Remote Work Pulse publicly available and free for all organizations. We hope this helps each of you move forward during this difficult time.
Zoom Commitment to User Support & Business Continuity During the Coronavirus outbreak
We believe every business has the social responsibility to contribute back to the community and to society, and it’s critically important during times of crisis. With this tenet in mind, Zoom is doing everything we can to provide resources and support to those navigating the coronavirus outbreak, including:
- For our Basic (free) users in China, we’ve lifted the 40-minute limit on meetings with more than two participants, providing unlimited time to collaborate.
- We’re proactively monitoring servers to ensure maximum reliability amid any capacity increases, as uptime is paramount.
- We’re scheduling informational sessions and on-demand resources so anyone can learn how to use the Zoom platform with ease — and at their convenience.