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: Feb 2021
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Cognizant to Acquire Magenic Technologies
Merger & Acquisition

Cognizant to Acquire Magenic Technologies

Cognizant to Acquire Magenic Technologies Cognizant has entered into an agreement to acquire Magenic Technologies, Inc., a privately-held custom software development services company headquartered in Minneapolis, Minnesota. The acquisition will expand Cognizant’s software product engineering footprint, adding 475 employees in the U.S. across seven locations and more than 350 employees in Manila, Philippines. Upon completion of the acquisition, Magenic […]

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TOTAL acquires 20 pc stake in Adani Green Energy
Merger & Acquisition

TOTAL acquires 20 pc stake in Adani Green Energy

TOTAL acquires 20 pc stake in Adani Green Energy Adani Group on Monday said global energy major TOTAL has acquired a 20 per cent equity stake in Adani Green Energy Ltd. The purchase of 20 per cent minority interest by TOTAL was done “via the acquisition of shares held by the Adani Promoter Group in […]

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Tech Mahindra to acquire Payments Technology Services Ltd
Merger & Acquisition

Tech Mahindra to acquire Payments Technology Services Ltd

Tech Mahindra to acquire Payments Technology Services Ltd IT services major Tech Mahindra on Tuesday said it will acquire Payments Technology Services Ltd (PTSL), a step-down subsidiary of fintech firm FIS, for USD 9 million (about Rs 66 crore). The acquisition will give Tech Mahindra access to IPs and licenses for two products – Open Payment Framework (OPF) and Multi-Bank System […]

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Byju’s to acquire Akash Educational Services in a deal worth $1 billion
Merger & Acquisition

Byju’s to acquire Akash Educational Services in a deal worth $1 billion

Byju’s to acquire Akash Educational Services in a deal worth $1 billion India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd. for $1 billion, according to a person with knowledge of the talks. The deal for what will be one of the largest […]

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Cognizant to acquire Linium, a cloud transformation consultancy
Merger & Acquisition

Cognizant to acquire Linium, a cloud transformation consultancy

Cognizant to acquire Linium, a cloud transformation consultancy Cognizant announced today it has agreed to acquire Linium, a cloud transformation consultancy group specializing in the ServiceNow platform and solutions for smart digital enterprise workflows. Linium, operating as the ServiceNow business unit of Ness Digital Engineering, a privately-held portfolio company of The Rohatyn Group, helps Fortune 100 […]

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Cognizant to Acquire Servian, a Data and Analytics Consulting Firm
Merger & Acquisition

Cognizant to Acquire Servian, a Data and Analytics Consulting Firm

Cognizant to Acquire Servian, a Leading Australian Data, and Analytics Consulting Firm Cognizant today announced it has entered into an agreement to acquire Servian, a Sydney, Australia-based, privately-held enterprise transformation consultancy specializing in data analytics, artificial intelligence, digital services, experience design, and cloud. The transaction is expected to close in the first quarter of 2021, subject to regulatory […]

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DXC Technology Confirms Acquisition Proposal from Atos
Merger & Acquisition

DXC Technology Confirms Acquisition Proposal from Atos

DXC Technology Confirms Acquisition Proposal from Atos DXC Technology confirmed that it received an unsolicited, preliminary and non-binding proposal from Atos SE Wednesday night to acquire all DXC Technology shares. The company said in statement, “The DXC Technology board of directors, consistent with its fiduciary responsibilities, will be evaluating the proposal. Prior to receiving this […]

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TCS Completes Acquisition Of Postbank Systems From Deutsche Bank AG
Merger & Acquisition

TCS Completes Acquisition Of Postbank Systems From Deutsche Bank AG

TCS Completes Acquisition Of Postbank Systems From Deutsche Bank AG India’s largest IT services firm Tata Consultancy Services (TCS) on Friday said it has completed acquisition of 100 per cent shares of Postbank Systems AG (PBS) from Deutsche Bank AG. PBS has been the internal IT provider for Postbank AG, a subsidiary of Deutsche Bank, […]

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AirAsia to sell bulk of stake in India operations to Tata Sons
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AirAsia to sell bulk of stake in India operations to Tata Sons

AirAsia to sell bulk of stake in India operations to Tata Sons Malaysian budget airline AirAsia Group Bhd said on Tuesday it plans to sell 32.67% of its stake in its Indian operations to majority shareholder Tata Sons for $37.7 million. The airline, which until now owned 49% of AirAsia India as part of a […]

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Wipro to take over IT units of METRO AG with 1,300 employees
Merger & Acquisition

Wipro to take over IT units of METRO AG with 1,300 employees

Wipro to take over IT units of METRO AG with 1,300 employees Wipro Limited has announced a significant strategic digital and IT partnership deal with METRO AG, the leading global wholesale company that is redefining the foodservice distribution industry. As a part of this transaction, Wipro will take over the IT units of METRO AG […]

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Cognizant acquires Inawisdom, ninth acquisition in 2020
Merger & Acquisition

Cognizant acquires Inawisdom, ninth acquisition in 2020

Cognizant Acquires Inawisdom, an Artificial Intelligence and Machine Learning Services Expert Cognizant today announced it has acquired Inawisdom, a UK-based, privately-held consultancy specializing in artificial intelligence, machine learning, and data analytics to help businesses make better, faster decisions that improve business outcomes. Inawisdom focuses on delivering cloud-native, full-stack solutions leveraging proven consulting methodologies and an analytics […]

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