M&A

Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at $250m.

Ambac buys ArmadaCare for $250m to expand specialty insurance platform

Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at...
Manchester-based InsurTech Veridox has raised in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant LADbible, joining through his Solo Investments Holdings vehicle.

Radian acquires Inigo for $1.7bn to expand specialty insurance

Radian Group Inc., the US-listed mortgage insurance provider, has agreed to acquire London-based Inigo Limited, a specialty insurer operating within the Lloyd’s market, in...
Crowdstrike

CrowdStrike buys Pangea to secure enterprise AI lifecycle

CrowdStrike, a global cybersecurity leader, has signed an agreement to acquire Pangea, a company known for its AI security capabilities. The acquisition is aimed...
Visma

Visma acquires Alavie to boost Italian compliance software

Visma, a leading provider of mission-critical business software across Europe and Latin America, has acquired Alavie, an Italian regulatory compliance software company serving accounting...
Adapative Security

Adaptive Security raises $55m with OpenAI backing

Adaptive Security, a cybersecurity company specialising in AI-driven social engineering prevention, has announced an extension to its Series A funding round. The company has raised...
F5

F5 moves to buy CalypsoAI to strengthen AI guardrails

F5, a Nasdaq-listed company known for securing applications and APIs, has announced plans to acquire CalypsoAI, an enterprise AI security pioneer. F5, headquartered in...
Insurance AI boosted as Applied Systems buys Cytora

Insurance AI boosted as Applied Systems buys Cytora

Applied Systems has announced the acquisition of Cytora, a specialist in digital risk processing, as part of its push to expand AI-driven insurance solutions.
SentinelOne

SentinelOne acquires Observo AI to power autonomous SOC

SentinelOne has announced plans to acquire Observo AI, a specialist in data streaming and AI-native telemetry pipeline management. The acquisition aims to strengthen SentinelOne’s...
Cato Networks

Cato Networks acquires Aim Security to drive AI-safe SASE

Cato Networks, a leader in secure access service edge (SASE), has completed its first acquisition by purchasing Aim Security, a fast-growing AI security firm...
Position Green acquires Greenomy in ESG tech push

Position Green acquires Greenomy in ESG tech push

Position Green has acquired Greenomy, marking another major step in the consolidation of Europe’s sustainability technology market.

News Stories

Exante turns to AI to solve the developer performance puzzle

Exante turns to AI to solve the developer performance puzzle

Measuring developer performance has long been one of the hardest problems in software management, and traditional metrics are proving increasingly unreliable, according to Exante...
AI can't fix AML if no one checks what it actually catches

Why more AI alerts could mean better AML, not worse

Napier AI's Michael Joseph attended a recent ACAMS New Jersey chapter discussion on the shift from threshold-based transaction monitoring (TM) to AI-driven systems, alongside...
Interactive Brokers adds Bucharest Stock Exchange access

Interactive Brokers adds Bucharest Stock Exchange access

Interactive Brokers (IBKR), an automated global broker, has added access to the Bucharest Stock Exchange (BVB), giving eligible clients a route into one of...
Strata Credit Union taps Alkami for digital banking

Strata Credit Union taps Alkami for digital banking

Alkami Technology, a digital sales and service platform provider for financial institutions in the US, has partnered with Strata Credit Union, a full-service community...
Road safety shift threatens motor insurers

Road safety shift threatens motor insurers

Angelica Solutions, an insurance analytics and advisory business, has warned that a growing share of serious road casualties among pedestrians and cyclists could open...

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