Merger & Acquisition: HR News, Trends & Workplace Insights

Latest Merger & Acquisition HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Merger & Acquisition.

Updated on: Aug 2022
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PwC India completes acquisition of Venerate Solutions
Merger & Acquisition

PwC India completes acquisition of Venerate Solutions

PwC India has announced that it has completed the acquisition of Venerate Solutions Private Limited (‘Venerate’), one of the fastest growing and highly innovative Salesforce consulting firms in India. Founded in 2016 in Bangalore, Venerate builds and deploys cutting-edge customised solutions on the Salesforce platform across multiple clouds including Financial Services Cloud, Salesforce Marketing Cloud, […]

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Ericsson acquires Vonage and appoints its CEO in executive team
Industry

Ericsson acquires Vonage and appoints its CEO in executive team

Ericsson has completed its acquisition of Vonage Holdings Corp. (Vonage), supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into the enterprise. The acquisition provides Ericsson with access to powerful building blocks to offer a full suite of communications solutions including, Communications Platform as a Service (CPaaS), UCaaS, and […]

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Accenture announces to acquire XtremeEDA to expand in Canada & US
Industry

Accenture announces to acquire XtremeEDA to expand in Canada & US

Accenture, a global professional services company with leading capabilities in digital, cloud and security has entered into an agreement to acquire XtremeEDA, an Ottawa-based silicon design services leader. The company provides semiconductor engineering services for clients seeking custom silicon solutions used in consumer devices, cloud data centers, machine learning, and artificial intelligence (AI) computational platforms to […]

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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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IT companies acquire smaller firms to shift to delivering digital-led projects
Industry

IT companies acquire smaller firms to shift to delivering digital-led projects

The IT companies in India have increased the acquiring specialized companies to scale up digital capacity. Experts said, this process of building internal capacity for digital projects can be very long and delivery can become even more complex. They added that the process of acquisitions allows them to gain immediate access to features, enter newer […]

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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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Musk acquired Twitter: employees fear layoffs and future
Industry

Musk acquired Twitter: employees fear layoffs and future

Elon Musk takes over Twitter, one of the most popular social media platforms in the world, for a whopping $44-billion cash deal. The 16-year-old company will be a private entity and wholly owned by the celebrity CEO of Tesla after the deal is complete. Twitter Inc. employees reacted on the takeover with a mix of enthusiasm, fear, […]

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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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