Category: Acquisition

Accenture to acquire Jixie’s intelligent digital marketing platform and business in Indonesia

Accenture has agreed to acquire the business of media and marketing technology company, Jixie. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture to strengthen its marketing transformation capabilities and resources through Accenture Song—the firm’s tech-powered creative group—helping Indonesian clients deliver more personalized experiences to enhance customer engagement for sustainable business growth. Headquartered in…

GlobalLogic announces acquisition of Mobiveil

GlobalLogic, a Hitachi Group Company and a leader in Digital Engineering, announced that it has entered into a definitive agreement to acquire Mobiveil, a specialized embedded engineering services firm headquartered in the United States. The acquisition will expand GlobalLogic’s existing capabilities in Embedded Software which is essential for new digital products and services in key industries including…

ERP Logic rebrands as Nobl Q and acquires Jeevan Technologies

ERP Logic, a leading SAP and cloud solutions provider headquartered in the US, has now been rebranded as Nobl Q and has acquired Jeevan Technologies, a prominent IT services and consulting company with a significant presence in the US. The name Nobl Q signifies noble and passionate employees dedicated to crafting exceptional customer experiences, a…

Nippon Steel Corporation to acquire United States Steel Corporation

Nippon Steel Corporation (NSC), Japan’s largest steelmaker and one of the world’s leading steel manufacturers, and United States Steel Corporation (U. S. Steel), a leading steel producer with competitive advantages in low-cost iron ore, mini mill steelmaking, and best-in-class finishing capabilities, announced that they have entered into a definitive agreement pursuant to which NSC will…

Biocon Biologics concludes integration of acquired biosimilars business in ~120 countries

Biocon Biologics, a unique, fully integrated, global biosimilars company with a rich portfolio of insulins and monoclonal antibodies, has successfully concluded the integration of the acquired Viatris biosimilars business with the transition of 10+ Emerging Markets and Japan, Australia and New Zealand in the final phase. All Viatris’ biosimilars brands, including Ogivri & Hertraz (bTrastuzumab), Abevmy (bBevacizumab), Fulphila (bPegfilgrastim), Hulio (bAdalimumab), Nepexto…

Accenture acquires data consultancy Redkite

Accenture has acquired Redkite, a UK-headquartered data consultancy that specialises in full stack data expertise to help organizations accelerate their performance with data-driven intelligence and AI. The acquisition will expand Accenture’s data capabilities to help clients accelerate transformation with modern data platforms that unlock the power of AI across the enterprise, a statement said. With deep…

IMA India acquires CFO Collective

IMA India, the country’s premier business information and senior professional communities’ company, has acquired CFO Collective India Pvt Ltd. This acquisition offers significant synergies and has created an unrivalled platform for finance leaders in India, a statement said. IMA India, led by Adit Jain, is India’s longest-serving, high quality and comprehensive CXO peer network company with…

Infibeam Avenues picks up 49% stake in Pirimid Fintech

Infibeam Avenues Ltd, a listed fintech company, announces its strategic foray into the capital markets and digital lending software market by acquiring a significant 49% equity stake in Pirimid Fintech, investing Rs 25 crore to solidify this strategic partnership. This move is in direct response to the surging demand in the thriving global capital markets…

Haier Smart Home acquires Carrier’s Commercial Refrigeration Business for $ 640mn

Haier Smart Home entered into a stock purchase agreement with Carrier Global Corporation to acquire Carrier’s Commercial Refrigeration Business (“Carrier Commercial Refrigeration”) through acquiring 100% of the equity interest in Carolin Holdings B.V. Carrier, for total consideration of approximately USD 640 million, which represents 11x 2022A P/E. The Transaction marks Haier Smart Home’s expansion from its…

GlobalLogic announces acquisition of Katzion

GlobalLogic, a Hitachi Group Company and a leader in Digital Engineering, announced it has entered into a definitive agreement to acquire Katzion, a Sydney, Australia-based engineering firm specializing in applications for the automotive industry. Through this strategic acquisition, GlobalLogic will expand offerings in the mobility sector and support geographic expansion in Australia/Asia-Pacific, Spain, and the Middle…

Accenture to acquire Vocatus

Accenture has entered into an agreement to acquire management consultancy Vocatus, which uses behavioral economics modeling to develop pricing strategies and sales concepts for business-to-business and business-to-consumer models. The terms of the acquisition were not disclosed. With the acquisition of Vocatus, Accenture expands its offerings for clients in Europe with greater modeling capabilities for identifying price…

Elixirr acquires management consultancy Insigniam

Elixirr, the established, global award-winning challenger consultancy, announced it has acquired U.S. management consultancy Insigniam. Insigniam, which employs 53 people worldwide, have been undisputed market leaders in organizational breakthroughs, innovation and transformations for more than 35 years, and today work across industries, with a strong focus on healthcare, pharmaceuticals, retail and consumer packaged goods. As…

FPT acquires majority stake of French IT consulting firm AOSIS

Global technology service provider FPT announces its acquisition of an 80% stake in the French IT consulting firm AOSIS, a strategic initiative to fortify its delivery competencies, expand business opportunities, and broaden its customer base in this market. Through the investment, FPT and its tech subsidiary, FPT Software, will leverage AOSIS’s prowess in SAP, Data,…

AXISCADES announces acquisition of EPCOGEN

AXISCADES Technologies Ltd. (AXISCADES), a global leader in engineering solutions, announces the successful completion of its strategic acquisition of EPCOGEN Private Limited. This acquisition marks a pivotal moment for both companies, with AXISCADES acquiring EPCOGEN at INR 26.25 Crores, with an additional 3-year earnout of INR 7 Crores based on performance. The move underscores the…

Ambuja Cements successfully completes acquisition of Sanghi Industries

Ambuja Cements Limited (ACL), the cement and building material company of the diversified Adani Group, announced the successful completion of the acquisition of Sanghi Industries Limited (SIL). This strategic acquisition, valued at an Enterprise Value of Rs. 5,185 Crores, enhances Ambuja Cement’s market presence underscoring Adani Group’s steadfast commitment to India’s housing and infrastructure development,…