Datatonic Announces Acquisition of Syntio to Expand Global Services and Delivery Capabilities
LONDON--(BUSINESS WIRE)--Datatonic, a leading cloud data and AI solutions provider, today announced the acquisition of Syntio, a specialist in data engineering.
The strategic acquisition significantly bolsters Datatonic's enterprise service offerings and global delivery capabilities with deep data engineering skills including data ingestion, data transformation and business intelligence. Syntio also adds a customer base which covers telcos, central banks and retailers across Europe to Datatonic's growing global client list.
Syntio was listed in the Financial Times as one of Europe's fastest-growing companies for three years in a row. Datatonic's acquisition brings together two highly complementary organizations, working on the toughest of data challenges, who share values and a commitment to delivering exceptional client outcomes.
For customers, combining Datatonic's expertise in Generative AI and AI Platforms with Syntio's deep technical specialization in data engineering, means the combined company now offers the broadest range of high-impact solutions and deep expertise to its clients.
"We are thrilled to welcome Syntio to the Datatonic family," said Scott Eivers, CEO at Datatonic. "This acquisition is a key step in our strategy to expand our global reach and enhance our service capabilities. Syntio's talented team and specialized expertise will be invaluable as we continue to deliver innovative data and AI solutions to our clients."
"Joining Datatonic at this stage in the evolution of AI and data engineering is an exciting opportunity for Syntio," said Davorin Cetto, CEO of Syntio. "The scale of offerings, the geographic coverage and our combined expertise mean our customers now have the best technology options as they navigate towards a cloud data and AI-centric future. "
Datatonic is backed by Perwyn, a leading European private equity investor, which transforms businesses through its value-added, hands-on engagement with management teams.
Mike Rothwell, Investment Manager at Perwyn added: 'We are very proud of this deal. The acquisition of Syntio expands Datatonic's global footprint as well as adding the high quality team that Davorin and Tomislav have built. This will augment the business' capabilities across generative AI, machine learning and data analytics. We will continue to support the growth of the business and its position as a market leading data and AI consultancy.'
About Datatonic
Datatonic, 10 X Google Cloud Partner of the Year, is the leading cloud data and AI consultancy for industry-leading organizations, delivering tangible business impact at the cutting edge of Google Cloud.
As leaders in Generative AI, Datatonic provides high-impact, ROI-driven solutions that enhance decision-making, optimize operations, and revolutionize customer experiences. Our expertise extends beyond AI, offering comprehensive cloud data migration and marketing analytics solutions, training and managed services that empower businesses to unlock the full potential of their data.
For more information, visit https://datatonic.com/.
Syntio is a specialist in data engineering, providing expert services to help organizations modernize their data infrastructure and develop advanced data platforms.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
The Brattle Group Welcomes Financial Services Expert Idan Rubin as Senior Consultant
LONDON, June 10, 2025 /PRNewswire/ -- The Brattle Group has welcomed Idan Rubin to its London office as a Senior Consultant in the firm's Bankruptcy & Restructuring, Alternative Investments, and Credit, Derivatives & Structured Products practices. With a diverse background in hedge funds, asset management, and investment platform development that spans geographies and asset classes, Mr. Rubin brings over 15 years of experience in the financial services sector to the firm. At Brattle, Mr. Rubin will focus on a wide range of financial services matters, from mergers and acquisitions (M&As) to fund-related disputes, such as those involving fees and performance, investor disclosures, misrepresentation and fraud claims, and regulatory compliance issues. He has extensive expertise in valuations, hedge fund structuring, portfolio construction, risk management, investor relations, trading strategies and signals, and working with cross-asset classes, including cryptocurrency and non-fungible tokens (NFTs). "With his broad industry experience, entrepreneurial mindset, and analytical rigor, Idan brings a unique skill set and background to Brattle that will greatly enhance our ability to support clients in high-stakes financial services disputes in the UK and across Europe," said Torben Voetmann, Brattle President & Principal. With experience establishing two successful quant hedge funds – overseeing the process from capital process to operations and trading – and advising on the launch of another, Mr. Rubin has extensive practical knowledge of hedge fund operations, management, policies, and practices. He also has an asset management background, spanning numerous strategies across both public and private markets, and has used his technical expertise to develop and analyze artificial intelligence (AI) signals, strategies, and models. "I look forward to collaborating with colleagues in London and beyond to help grow Brattle's UK and European presence in commercial litigations and to help clients solve complex challenges related to damages, insolvency, and M&A and fund disputes," said Mr. Rubin. Prior to joining Brattle, Mr. Rubin was a Senior Equities Analyst at an investment advisory firm specializing in emerging markets equities, and previously worked as a Portfolio Manager at a market-making hedge fund focused on European government bonds. In 2017, he co-founded Sayer Capital, a US equities quantitative market-making fund backed by a blue-chip investor, and served as CEO and Portfolio Manager – leading the organization's research and development, investor relations, budgeting, and portfolio construction – until 2021. To learn more about Mr. Rubin, please see his full bio at ABOUT BRATTLEThe Brattle Group answers complex economic, finance, and regulatory questions for corporations, law firms, and governments around the world. We are distinguished by the clarity of our insights and the credibility of our experts, which include leading international academics and industry specialists. Brattle has 500 talented professionals across four continents. For more information, please visit View original content to download multimedia: SOURCE The Brattle Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 minutes ago
- Yahoo
Is Boeing's Growth Still Shackled by Continued Problems in Its 737 Program?
The Boeing Company BA has successfully weathered much of the turbulence in its commercial aerospace segment since the pandemic, steadily charting a path toward recovery in recent quarters. However, its 737 MAX program remains under intense scrutiny as we progress in 2025, with the aerospace giant still grappling with lingering challenges that have constrained its growth trajectory. Following the January 2024 door-plug detachment incident involving Alaska Airlines Flight 1282, the Federal Aviation Administration ('FAA') imposed a cap of 38 737 jets per month. Boeing only reached this rate for the first time in May 2025. While CEO Kelly Ortberg has expressed confidence (as per major media reports) in raising production to 42 jets per month and eventually 47 by year-end, these targets appear too optimistic amid ongoing industry headwinds like labor shortages and parts supply constraints. Notably, Spirit AeroSystems SPR, Boeing's primary supplier of 737 fuselages, continues to face financial strain, operational inefficiencies and quality control issues, all of which had previously affected Boeing's output and could once again delay production. And even if we assume that these industry challenges do not worsen any further, the FAA's increased oversight and stringent inspection regime add another layer of complexity. Whether Boeing will secure regulatory clearance in time to ramp up production thus remains uncertain. While it is encouraging that Boeing delivered more 737s in first-quarter 2025 — boosting its commercial unit's revenue by 56.7% — questions remain about the sustainability of this growth under the shadow of regulatory, labor and supplier-related risks. The supply-chain constraints hampering the aerospace industry have affected almost all the industry players, with Boeing's arch-rival, Airbus Group EADSY, being no exception. This European plane maker had to slash its production target for 2024, citing supply-chain issues as the prime reason behind it. However, recently Airbus appears to be managing supply-chain disruptions more effectively than Boeing, as reflected in its higher aircraft deliveries in first-quarter 2025. Notably, Airbus delivered 136 commercial aircraft in the first quarter compared with Boeing's 130. Shares of Boeing have risen 20.6% year to date compared with the Zacks aerospace-defense industry's growth of 25.5%. Image Source: Zacks Investment Research From a valuation standpoint, BA is currently trading at a forward 12-month sales multiple of 1.80X, a roughly 17.4% discount when stacked up with the industry average of 2.18X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for BA's 2025 and 2026 sales implies a year-over-year uptick of 25.6% and 16.2%, respectively. The EPS estimates for 2025 and 2026 have been trending higher over the past 60 days. Image Source: Zacks Investment Research BA stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Spirit Aerosystems Holdings, Inc. (SPR) : Free Stock Analysis Report Airbus Group (EADSY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
19 minutes ago
- Yahoo
Russian billionaire and Putin critic launches AI data centres in the UK
A Russian billionaire and critic of Vladimir Putin is preparing to invest hundreds of millions of pounds in artificial intelligence (AI) data centres in the UK. Nebius, a technology company headquartered in the Netherlands, will invest £200m to establish an 'AI factory' in Britain, deploying 4,000 graphics-processing chips designed to power the latest generation of machine-learning technology. The $12bn (£9bn) business is assessing potential data centre sites in the South East. Nebius was formed as part of a carve-up of Yandex, a company known as 'Russia's Google'. Arkady Volozh, a Russian entrepreneur worth a reported $2bn, founded Yandex in 1997 as a Russian rival to the US search engine. The business later listed in New York and in 2021 was valued at more than $30bn. However, its shares were suspended in 2022 after Russia's invasion of Ukraine and Mr Volozh was sanctioned by the European Union. Over the years Yandex faced growing pressure from the Kremlin to censor online news and search results, and the company was accused by Brussels of helping to spread Kremlin propaganda. In 2023, Mr Volozh labelled Vladimir Putin's invasion 'barbaric' and said he was 'horrified' by the war. He said: 'I am categorically against it. Although I moved to Israel in 2014, I have to take my share of responsibility for the country's actions. 'There were reasons to stay silent during this long process. While there will anyway be questions about the timing of my statement today, there should be no questions about its essence. I am against the war.' The European Union removed its sanctions of Mr Volozh last year. Nebius was formed as part of a carve-up of Yandex, which spun off its Russian search division in a $5bn deal to Russian investors. Nebius, which is listed in the US, is made up of the remaining European, US and Israeli assets, including several data centres powered by Nvidia microchips and its self-driving car technology. Mr Volozh, Nebius's chief executive, said: 'The UK is where AI is being built, tested, and deployed at scale across industries from fintech to life sciences. Being here puts us closer to the start-ups, researchers, and enterprise leaders shaping what's next.' Nebius's UK investment comes after Sir Keir Starmer, the Prime Minister, announced plans to spend more than £1bn to boost the UK's computing power in a speech at London Tech Week alongside Jensen Huang, the Nvidia chief executive. On Monday, the Government announced a series of AI investments ahead of this week's Treasury spending review. These included £1bn for an AI research resource, made up of powerful AI data centres and supercomputers, as well as £187m to boost the technological skills of the UK workforce. On Tuesday, Peter Kyle, the Technology Secretary, also announced plans for a new Turing AI fellowship in a speech at London Tech Week. Backed by £25m, the programme will seek five AI experts who will be offered a substantial package to relocate to the UK and hire a team to conduct AI research. Mr Kyle said: 'We will harness the vast potential of our trillion-pound tech sector to help remake our country for the better.' Sign in to access your portfolio
