Mergers and Acquisitions

PARC Capital has invested $21 million in Australian hybrid cloud service provider NEXION Group to help the company grow.

Communications and digital infrastructure company Upstack has acquired Signal Technology Group, an independent tech advisory firm.

Graph database and analytics provider Neo4j hired 11 full-time specialists from DTA to expand its global cloud managed services capability.

Communications and digital infrastructure company Upstack, backed by private equity firm Berkshire Partners, has acquired the network and cloud sourcing business of LinkSource Technologies

The acquisition by private equity firm HKW is part of CMIT’s strategy to double systemwide revenue to $200 million by 2028.

Private equity firm Novacap has acquired All West Communications, a telecommunications provider

Vuzix, a provider of smart glasses & augmented reality (AR) technology, acquires Moviynt -- an SAP ERP software partner & mobile technology specialist.

Wavestone acquires Coeus Consulting & PEN Partnership. Combined companies seek to be "a leading player in the UK consulting market."