GTT to acquire Interoute €1.9 billion

GTT Communications, Inc., the global cloud networking provider to multinational clients, announced a definitive purchase agreement to acquire Interoute, operator of one of Europe’s largest independent fibre networks and cloud networking platforms, for approximately €1.9 billion ($2.3 billion) in cash.

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PassivSystems Limited seeks crowdfunding investment to accelerate UK and overseas growth

PassivSystems Limited has launched a fundraising campaign on Crowdcube that will enable the company to accelerate its growth strategy. The initial target of £650,000 will provide additional working capital to support faster deployment of its smart energy management services for utility companies, solar PV asset managers and the fast-growing district heating markets.

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Itron spends $830m on Silver Spring to accelerate smart grid and smart city innovation and growth

Itron, Inc and Silver Spring Networks, Inc. have signed a definitive agreement for Itron to acquire all outstanding shares of Silver Spring for $16.25 (€13.55) per share in cash.

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Strong tech M&A activity in second half of 2017, market report from Hampleton Partners

Hampleton Partners, an international mergers and acquisitions (M&A) and corporate advisory firm for technology companies, issued 11 technology M&A market reports for 2H 2017 in the key business segments of artificial intelligence (AI), augmented reality/virtual reality (AR/VR), automotive technology,

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ScanSource announces agreement to acquire Intelisys

ScanSource Inc., a global provider of technology products and solutions, announced a definitive agreement to acquire Intelisys Communications, Inc., the technology services distributor of business telecommunications and cloud services.

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Telit’s 2015 results show EBITDA up 31% to $45.3m, CEO expects further benefits of scale

Telit Communications PLC, a global enabler of the Internet of Things (IoT), has published its preliminary results for the year to December 31, 2015. Revenues for the year rose 13.4% to US$333.5 million (2014: $294 million).

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