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Infosys to acquire GuideVision, a Leading ServiceNow Elite Partner in Europe Infosys, a global leade...
LampT announced the completion of its electrical and automation LampT EampA business to Schn...
Reliance Retail is acquiring Future Groups retail business for INR , crore Reliance Retail Ven...
Siemens India Ltd gets CCI approval to acquire C&S Electric India The Competition Commission of India (CCI) has approved the proposed acquisition of C&S Electric Ltd by Siemens Ltd. The proposed combination envisages the acquisition of 100% of the share capital of C&S Electric Ltd (C&S) by Siemens India Limited. At the time of closing […]
Cognizant Completes Acquisition of New Signature, a Leader in Cloud-Native Business Transformation On August 18, 2020, Cognizant has completed the previously announced acquisition of New Signature, expanding Cognizant’s hyperscale cloud advisory services. New Signature is an award-winning Microsoft Partner exclusively focused on Microsoft technologies, with an integrated offering across all three of Microsoft’s business clouds: […]
Nestlé Health Science to acquire IM HealthScien Nestlé Health Science, a unit of Swiss food major Nestlé announced on Tuesday that it has agreed to acquire the business of privately held IM HealthScience with its brands of IBgard, FDgard, Fiber Choice and REMfresh. Financial terms not disclosed. “The IMH products offer proven and trusted solutions for the […]
Wipro completes acquisition of Brazilian IT firm IVIA Serviços for $22.4 mn Wipro on Saturday said it has completed the acquisition of Brazilian IT firm IT IVIA Serviços de lnformitica Ltda. In July, Wipro announced that it had signed an agreement to acquire IVIA for $22.4 million (about Rs 169 crore). IVIA is a provider of IT solutions including system […]
Tata Sons is likely to take over Air India by end of August 2020 The Tata Group is likely to make a formal bid to take over state-run Air India after months of considering acquiring the national carrier that has been put on the block by the central government. The airline was actually formed as […]
Affle To Acquire Strategic Stake In Bobble AI, A Conversation Media Platform Consumer intelligence platform Affle India, a global tech company recently announced that it plans to acquire 8.0% ownership in Bobble AI, a conversation media platform offering indigenous social keyboard with 10+ patents filed and significant investments from Xiaomi and SAIF Partners. As a part […]
Education technology firm Byju’s has acquired WhiteHat Jr, a startup focused on imparting coding skills to kids, for USD 300 million (about Rs 2,240 crore). Byju’s, which is valued at USD 8 billion to kids as per an independent report, said coding is fast emerging as a key skill for the future and the acquisition […]
European Commission clears Alstom’s acquisition of Bombardier Transportation The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s […]
Cognizant to Acquire New Signature, a Leader in Cloud-Native Business Transformation Cognizant has announced that it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial […]
Paytm to acquire Raheja QBE General Insurance to expand its financial services offerings Digital payments platform Paytm is set to acquire 100% stake in Mumbai-based private sector general insurer Raheja QBE for INR 568 Cr. The acquisition is subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI). Paytm, which was founded in […]
Hindustan Unilever Limited (HUL) has completed the acquisition of VWash from Glenmark Pharmaceuticals Today, Hindustan Unilever (HUL) said it has completed the acquisition of VWash from pharma major Glenmark Pharmaceuticals. The company, however, did not disclose the value of the transaction. ‘VWash’ was launched by Glenmark in 2013 and the brand has established itself as […]
Accenture has acquired Byte Prophecy, an automated insights and big data analytics company based in Ahmedabad, India, to meet the growing demand for enterprise-scale AI and digital analytics solutions across the region. The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture Applied Intelligence. The move […]
