Merger & Acquisition: HR News, Trends & Workplace Insights

Explore the latest Merger & Acquisition news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Aug 2022
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PwC to acquire Venerate Solutions Pvt Ltd will add PwC India’s talent pool
Merger & Acquisition

PwC to acquire Venerate Solutions Pvt Ltd will add PwC India’s talent pool

PwC India has agreed to acquire Venerate Solutions Private Limited (‘Venerate’), one of the fastest-growing and highly innovative Salesforce consulting firms in India. The strategic acquisition will add to PwC India’s talent pool while enhancing the firm’s Salesforce consulting practice and platform engineering capabilities. Upon completion of the acquisition, Venerate, a Salesforce Summit (Platinum) partner, […]

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Adani Group to acquire Holcim India business for $10.5 billion
Merger & Acquisition

Adani Group to acquire Holcim India business for $10.5 billion

Gautam Adani-owned Adani Group on Sunday announced a deal to acquire Holcim’s businesses in India for $10.5 billion. The Adani Group will acquire Switzerland-based Holcim’s stake in Ambuja Cements Ltd (A Holcim Group Company) and ACC Limited in a history-making deal. It’ll be India’s largest-ever acquisition in the Infra and Materials space. It also strengthens our commitment to contribute toward Nation […]

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HCL Technologies to acquire Switzerland-based firm Confinale
Merger & Acquisition

HCL Technologies to acquire Switzerland-based firm Confinale

HCL Technologies UK Limited, a wholly-owned subsidiary of HCL Technologies (HCL) has signed a definitive agreement for the acquisition of Confinale AG, a Switzerland-based digital banking and wealth management consulting specialist, and Avaloq Premium Implementation Partner. Through this strategic acquisition, HCL will increase its footprint in the global wealth management market with an emphasis on […]

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Musk pledges to scale up work standards in Twitter after acquisition done
Merger & Acquisition

Musk pledges to scale up work standards in Twitter after acquisition done

Tesla CEO and SpaceX founder Elon Musk said he would significantly increase work ethic standards in Twitter once he officially acquires the social media platform. Last week, Twitter said it agreed to be acquired by Musk in a deal worth $44 billion, although it is still subject to shareholder approval. “Work ethic expectations would be […]

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LTI and Mindtree announce merger, combined entity as ‘LTIMindtree’
Merger & Acquisition

LTI and Mindtree announce merger, combined entity as ‘LTIMindtree’

The Boards of Directors of LTI and Mindtree have approved the complete amalgamation of both IT services companies under the Larsen & Toubro Group. The proposed integration will see LTI and Mindtree join strengths to create an efficient and scaled-up IT services provider exceeding $3.5 Bn. The transaction is subject to shareholder and regulatory approvals. […]

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Wipro to acquire Rizing to create an SAP consulting powerhouse
Merger & Acquisition

Wipro to acquire Rizing to create an SAP consulting powerhouse

Bangaluru-based, IT major Wipro has announced that it has signed a definitive agreement to acquire Rizing Intermediate Holdings, Inc. (“Rizing”), a global SAP consulting firm, significantly expanding its breadth of capabilities in helping businesses transform into intelligent enterprises. The acquisition is subject to regulatory approvals and is expected to close before the end of the quarter […]

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L&T Infotech and Mindtree may be merged to create $22-billion firm
Merger & Acquisition

L&T Infotech and Mindtree may be merged to create $22-billion firm

Larsen & Toubro Ltd. is weighing a merger between two of its publicly traded software firms (L&T Infotech and Mindtree), according to people familiar with the matter, as the Indian conglomerate seeks scale to compete with global digital giants. The boards of Mindtree Ltd. and Larsen & Toubro Infotech Ltd., two software units controlled by […]

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Infosys to acquire digital experience and marketing agency, oddity
Merger & Acquisition

Infosys to acquire digital experience and marketing agency, oddity

India’s second-largest IT services provider Infosys has announced a definitive agreement to acquire oddity, Germany-based digital marketing, experience, and commerce agency. The move strengthens Infosys’ creative, branding, and experience design capabilities, and demonstrates its continued commitment to co-create with clients and help them navigate their digital transformation journey. With more than 300 digital experts located in Stuttgart, […]

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Axis Bank to absorb 3,600 Citi employees post takeover
Industry

Axis Bank to absorb 3,600 Citi employees post takeover

Citibank has announced an agreement to sell its consumer business in India to Axis Bank. The sale includes credit card business, retail banking, wealth management, and consumer credit. Having acquired the loans, credit cards, wealth management and retail businesses of Citibank in India, Axis Bank is now willing to absorb Citi’s 3,600 employees. They will […]

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PeopleStrong acquires compensation tech firm PayReview
Merger & Acquisition

PeopleStrong acquires compensation tech firm PayReview

PeopleStrong, Asia Pacific’s enterprise HR technology company, announced the acquisition of PayReview, a salary and compensation tech platform. In an all-cash and stock deal, PayReview will now be a part of PeopleStrong’s HR Tech 4.0 platform bringing work pay and talent compensation together, delivering an intuitive and powerful solution designed to automate the compensation review […]

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Zee-Sony Merger: Definitive Agreement Signed
Merger & Acquisition

Zee-Sony Merger: Definitive Agreement Signed

Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) today announced that they have signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations, and program libraries. The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI […]

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Capgemini announces the completion of the acquisition of VariQ
Merger & Acquisition

Capgemini announces the completion of the acquisition of VariQ

Capgemini announced today, following the fulfillment of all regulatory requirements, the completion of the acquisition of VariQ, an agile IT and cyber-security services company. The provider of Software Development, Cybersecurity, and Cloud services for federal government departments and agencies across the United States will be integrated into Capgemini Government Solutions LLC, Capgemini’s independent operating division working with U.S. government agencies. This acquisition will strengthen the company’s position in […]

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