Storage firm Object First has reported a 167% YoY increase in global bookings for Q1 2025. That includes 835% growth in EMEA, fuelled by “soaring demand” for “ransomware-proof” backup storage built on zero trust principles.
Object First is behind Ootbi, a plug-and-play immutable storage appliance purpose-built for Veeam backup and data resiliency software.
Major partner expansions in the quarter included CDW in North America and Arrow ECS across EMEA.
-DXC Technology has reported its fourth quarter and FY 2025 results, which showed continued revenue decline.
Total sales for Q4 were $3.17 billion, down 6.4% year-over-year. For the full fiscal year, revenue reached $12.87 billion, which was a 5.8% fall on the previous year.
-Sage reported a solid first six months of the year, with sales up 9% to £1.24 billion. The operating profit grew 16% to £288m.
The firm increased its interim dividend by 7% to 7.45p, and has extended its share buyback programme by up to £200m.
-Cisco reported overall strong growth in the third quarter, with sales reaching $14.1 billion, an 11% annual increase. Product revenue rose 15% to $10.4 billion, with services revenue up 3% to $3.8 billion.
-FibreNest has been acquired from Persimmon Homes and will become part of OFNL's group, under the ownership of BUUK Infrastructure, subject to regulatory approval being obtained.
Founded in 2006 and part of the BUUK Infrastructure Group, OFNL is a player in UK-based telecoms infrastructure, specialising in providing full-fibre broadband networks for new-build residential and commercial developments.
FibreNest was established by Persimmon Homes in 2018, and has provided full fibre to Persimmon housing developments across the UK.
-Databricks, the data and AI company, has announced its intent to acquire Neon, a leading serverless Postgres company.
As the $100 billion-plus database market braces for unprecedented disruption driven by AI, Databricks plans to continue innovating and investing in Neon’s database and developer experience for existing and new Neon customers and partners.
The acquisition will also strengthen Databricks’ ability to serve developers building agentic and AI-native applications.
-Bytes Technology Group has reported good results for its 12 months ended February 2025.
Gross invoiced income broke through the £2 billion barrier on the back of growth of over 15%, to hit £2.09 billion. Annual revenue was up 4.9% to £217.1m, with gross profit growing at 12% to £163.3m.
-Retail SaaS specialist itim Group reported revenue for the twelve months ended 31 December at £17.9m, up 11% annually. itim’s adjusted EBITDA rose by 260% year-on-year, changing a £900,000 loss in 2023 to a £200,000 profit this time.
-NAKIVO, a vendor of data protection solutions for physical, virtual, cloud, and SaaS environments, announced strong operational results for Q1 2025.
Compared to the same period last year, the company achieved a 14% increase in overall revenue, grew its MSP partner network by 31%, and expanded its global customer base by 10%.
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