Fitch Group, a global leader in financial information services owned by Hearst, announced that it has completed the acquisition of all the remaining stock it does not own of Bixby Research and Analytics (Bixby), a leading provider of credit information on private syndicated loan issuers. Earlier this year Fitch Ventures, the equity investment arm of Fitch Group,…
Tata Power (the Company), one of India’s largest integrated power companies, has won the bid to acquire Bikaner-III Neemrana-II Transmission Limited, a project special purpose vehicle (SPV) set up by PFC Consulting Limited, a subsidiary of Power Finance Corporation. The company received the letter of intent (LOI) after emerging as a successful bidder in the…
Mahindra Logistics Ltd. (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers, announced its acquisition of majority stake in ZipZap Logistics Private Limited, a last-mile logistics service provider operating under its brand ‘Whizzard’. The acquisition will complement MLL’s existing last mile delivery business and EDeL, its Electric Vehicle (EV) based delivery services. Expanding technology…
Accenture has agreed to acquire Rabbit’s Tale, a Bangkok-based creative and digital experience agency. The move will significantly strengthen the regional creative, brand and data capabilities of Accenture Song—the world’s largest tech-powered creative group—and help our clients build and optimize digital experiences across the entire customer lifecycle for growth in Thailand, as per the statement. Recognized as…
Accenture has acquired Ocelot Consulting, a cloud consultancy specializing in full-stack development, data engineering, data science, and strategy and execution for cloud modernization. The addition of Ocelot Consulting expands Accenture’s Amazon Web Services (AWS) engineering skills in the Midwest to help clients in North America accelerate cloud transformation—including making cloud the data backbone of the enterprise…
Rocket Software, Inc. (Rocket Software), a global technology leader driving modernization for the world’s largest companies, announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText, which was formerly part of Micro Focus. The total purchase price is $2.275B. For decades, Rocket Software has been the partner solving complex…
Accenture has acquired Incapsulate, a leading digital transformation consulting firm that specializes in Salesforce solutions. Financial terms of the transaction were not disclosed. Founded in 2008, Incapsulate designs and implements Salesforce solutions for organizations in the public sector and financial services industries. As a Salesforce Platinum Consulting partner, Incapsulate fortifies Accenture’s Salesforce capabilities, which focus…
Accenture has agreed to acquire Ammagamma, an Italy-based firm that helps companies advance their uses of AI and generative AI technologies. The transaction is part of Accenture’s investment of $3 billion to accelerate clients’ transformation through the large-scale application of AI. Ammagamma has a multidisciplinary team consisting of 90 experienced AI professionals, many specializing in…
Boehringer Ingelheim announced the acquisition of privately-held T3 Pharmaceuticals AG (“T3 Pharma”), a clinical stage Swiss biotech company, for an amount of up to 450 million CHF. T3 Pharma has developed a proprietary therapy platform that uses live bacteria to deliver immune-modulating proteins to cancer cells and tumor micro-environments, a statement said. Despite the significant…
FGS Global announced that it has acquired Longview Communications and Public Affairs, bringing together two of the world’s leading communications and public affairs advisory firms. FGS will now be able to serve clients more extensively throughout North America, with a deeply experienced team across eight offices in the United States and three offices in Canada.…
HCKK Ventures Limited, a multi-faceted software and services provider, has officially announced merger of Softlink Global Private Limited, a global leader in logistics technology solutions with HCKK subject to market regulators approval. This strategic move, with HCKK Ventures acquiring Softlink at an approximate valuation of Rs 430 crore, marks a significant step forward in the…
AIT Worldwide Logistics, a leading provider of global supply chain solutions, has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specializing in high-value, complex, and time-sensitive transport services. The purchase will serve as a significant milestone for AIT as the company continues to expand its global reach and…
Chase Corporation (Chase), a leading global manufacturer of protective materials for high-reliability applications across diverse market sectors, announced the successful completion of its acquisition by affiliates of KKR, a leading global investment firm, for $127.50 per share. “Today represents an important milestone for Chase in our journey to better serve our customers through strategic growth…
Mondee Holdings, Inc. (Mondee), the high-growth, travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, has announced its acquisition of Purplegrids, a Silicon Valley based, cutting-edge AI company founded in 2017. This acquisition strengthens Mondee’s tech capabilities and showcases its commitment to vertically integrate AI across…
Accenture has agreed to acquire Solnet, an IT services provider with deep technology consulting experience for New Zealand government and private organizations across multiple industries. With headquarters in Wellington, New Zealand, Solnet’s team of more than 100 technologists will join Accenture. Solnet’s services and solutions will bolster Accenture’s local cloud and infrastructure engineering offerings, helping clients…