Tuesday, July 22, 2025

US investment firm Carlyle agrees to acquire a majority stake in IT consultancy and services provider Adastra, sources say valuing it at $400M including debt (Swetha Gopinath/Bloomberg)

Swetha Gopinath / Bloomberg:
US investment firm Carlyle agrees to acquire a majority stake in IT consultancy and services provider Adastra, sources say valuing it at $400M including debt  —  Carlyle Group Inc. has agreed to acquire a majority stake in IT consultancy and services provider Adastra Group SE.



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...