Infinigate has delivered €2.7 billion in revenue in financial year 2024-2025, marking an increase of 17.5% year-over-year, helped by markets outside Europe.
“Despite an unstable macro-economic background, Infinigate delivered strong results for the last financial year, putting the company on track for its €5 billion revenue target for financial year 2027-2028,” said the international distributor.
Growth across Europe reached 9% despite those unstable macro-economic conditions. In the Middle East and Africa, Infinigate company Starlink “outpaced the market” with 26% growth compared to the previous year, establishing itself as a “clear leader in the region”, the firm said.
In Asia-Pacific, Infinigate company Wavelink reported a strong growth trajectory of +35%, compared to the previous year.
-Salesforce has announced it will acquire data management and analytics specialist Informatica for around $8 billion in equity value, net of its current investment.
The deal, enhancing Salesforce’s AI offer, is already approved by both company boards, and supported by major shareholders, and is expected to close in “early fiscal 2027”, pending regulatory approval.
Salesforce says it sees significant opportunities in sectors like healthcare, life sciences, and the public sector.
Salesforce plans to embed Informatica’s technology into its broader platform, enhancing products like its Data Cloud, MuleSoft, Tableau, and its new Agentforce AI suite.
“Together, Salesforce and Informatica will create the most complete, agent-ready data platform in the industry,” said Marc Benioff, CEO of Salesforce.
-Zscaler, the cloud security specialist, has signed a definitive agreement to acquire Red Canary, a managed detection and response (MDR) player.
With over 10 years of expertise in SecOps, Red Canary says it has enabled its customer base to investigate threats “up to 10 times faster” with “99.6% accuracy”.
Combined with Zscaler’s “high quality data”, and global intelligence from its ThreatLabz Security Research team, the combination will deliver a “unified, agentic Security Operations Centre”, said Zscaler.
-AuditBoard, the connected risk management platform that “transforms” audit, risk management and compliance, is expanding its offering with a base in Germany, delivering solutions tailored specifically for the German market.
The new office launched will be headed up by Philipp Verhoeven, who is solely responsible for overseeing the “new, growing team on the ground”. “With this step, Germany is the latest European market to be served by AuditBoard with local support for customers,” said the provider.
The company's UK headquarters, in London, were originally set up in March 2022 to act as a regional support base for customers across Europe and the Middle East. However, despite the London-based team growing to serve a “rapidly expanding” client roster of over 10,000 users across 12 European countries, AuditBoard said it recognised the need for a German office to meet EU channel demand.
-TD SYNNEX has been appointed as a UK distributor for Cohesity, “offering new potential for partners to grow their business”, said TD SYNNEX, to deliver cloud-native data management and protection solutions to their end customers.
The agreement will also provide “stability and consistency” for Veritas partners as they transition to the Cohesity partner programme, after the latter acquired Veritas.
TD SYNNEX will continue to support Veritas NetBackup and Alta Data Protection partners.
-Infinigate and Torq, the autonomous security operations player, have sealed a European channel distribution partnership.
Infinigate will distribute Torq HyperSOC, a purpose-built solution that harnesses the power of the AI-driven Torq Hyperautomation Platform, to automate, manage, and monitor critical SOC responses at machine speed.
It uses Natural Language Processing (NLP) to initiate and accelerate security event investigation, triage, and remediation at scale, deliver comprehensive case management capabilities with “unprecedented ease”, and automate complex processes.
Torq HyperSOC also delivers “cutting edge” agentic AI capabilities, including a “comprehensive” OmniAgent capable of deep research, planning, and execution. Torq HyperSOC harnesses this OmniAgent to coordinate and collaborate with multiple AI agents to deliver “near human-level” critical analysis and precision auto-remediation, we are told.
-To accelerate its technological and commercial growth across Europe, Dastra, a SaaS provider specialising in data governance and regulatory compliance management, has announced a €4.3m fundraising round.
The investment is the largest funding round to date for a GDPR-focused SaaS platform in France, claims Dastra.
-Kiteworks, which empowers organisations to effectively manage risk in “every send, share, receive, and use of private data”, and Kite Distribution recently announced a strategic partnership to deliver enhanced data protection solutions to the UK channel.
Send Markets news to: a_savvas@yahoo.co.uk
