Applexus Technologies Acquires Lavendel Consulting

Lumon Acquires Abacus FX

September 2, 2024

Financial Services

Lumon has agreed to acquire Abacus FX, an international payments specialist with a presence in London and Portugal, to expand its corporate international payments and hedging capabilities. The deal is the sixth acquisition since Pollen Street Capital invested in Lumon in 2018 and is intended to accelerate Lumon's corporate division growth across the UK and Europe.

Applexus Technologies Acquires Absoft Limited

May 30, 2024

IT Services

Applexus Technologies, a Seattle-area SAP consulting firm, has acquired Absoft Limited, a UK-based SAP implementation and managed services provider. The deal strengthens Applexus' SAP capabilities and expands its presence in the UK and Europe, creating a combined organization with broadened S/4HANA, analytics, cloud and managed-service offerings.

Databricks Acquires Lilac to Strengthen Data Quality for Generative AI

March 19, 2024

AI & Machine Learning

Databricks has acquired Boston-based Lilac, an applied research startup that builds tools to explore, cluster and curate unstructured text datasets for generative AI workflows. Lilac's team and technology will be integrated into Databricks' Mosaic AI and data intelligence platform to improve dataset quality, monitoring, and preparation for RAG, fine-tuning and pre-training of LLMs; terms were not disclosed.

SAP SE to Acquire LeanIX GmbH

September 8, 2023

Software

SAP SE has entered into an agreement to acquire LeanIX GmbH, an enterprise architecture management (EAM) software company. The planned acquisition is intended to expand SAP’s business transformation portfolio by combining LeanIX’s IT landscape clarity with SAP Signavio and AI-enabled process optimization capabilities.

SAP Acquires Askdata

July 21, 2022

Data & Analytics

SAP SE has acquired Askdata, a search-driven analytics startup that applies AI and natural-language processing to let users query live data via plain-language search. Askdata's IP will be integrated into SAP Business Technology Platform and SAP Analytics Cloud to provide a lightweight, conversational analytics experience; financial terms were not disclosed.

Dentsu Group / Merkle Acquires Pexlify

June 15, 2022

IT Services

Dentsu Group has agreed to acquire Pexlify, a UK & Ireland-based Salesforce consultancy, which will join Merkle to strengthen its Salesforce implementation and CXM capabilities. The acquisition adds roughly 150 employees and expands Merkle's Salesforce services across the UK, Ireland and other European locations, enhancing Sales, Service and Experience Cloud offerings.