Cloudera, the enterprise data cloud company, announced that it has agreed to acquire Datacoral and Cazena in two separate transactions. The additions of Datacoral and Cazena will support the evolution of Cloudera’s public cloud offering and expand Cloudera’s market opportunity as the company moves beyond big data to self-service. The two acquisitions mark an important milestone…
Tata Digital said it has acquired a majority stake in online grocery BigBasket, according to ETtech report. Financial details of the deal were not disclosed. According to regulatory filings, the company has acquired around 64% stake in Supermarket Grocery Supplies—the business-to-business entity of the online grocer. The deal was cleared by the Competition Commission of…
Datamatics, a Digital Technology & BPM company, announced it has acquired remaining stake in Cybercom Datamatics Information Solutions Limited (CDIS) for ₹ 30.82 million. “This is to inform you that Datamatics Global Services Limited (“the Company”) had a Joint Venture agreement with Cybercom Group AB (“CYBERCOM”) through a JV Company i.e. Cybercom Datamatics Information Solutions…
SparkCognition, a leading artificial intelligence (AI) company, announced it has acquired Ensemble Energy, a leading provider of software products and services for the renewable energy industry. Through this acquisition, SparkCognition is offering the world’s first AI-enabled asset management platform for clean energy, supporting the industry in its transition towards renewables by reducing costs and increasing…
EFO Ventures, an early-stage investment and concept incubation firm, announced that it has acquired the assets of shared mobility company Frog Mobility (Frog). This newest acquisition allows EFOV, founded by Sean Flood and David Touwsma, to combine its executive team’s experience in the shared mobility industry with Frog’s global brand and team. Through the acquisition,…
Aragen Life Sciences (Aragen), formerly known as GVK Biosciences and a leading contract research organization (CRO), announced that Goldman Sachs, an active investor in India, has taken a significant minority stake in the company by acquiring shares previously held by ChrysCapital and other existing shareholders. Aragen is a leading provider of outsourced discovery, development, and…
LINK Mobility (LINK), a leading provider of Communication Platforms as a Service (CPaaS), announced it has acquired Soprano Design, the global CPaaS player based in Sydney, Australia . With this proposed acquisition, LINK will achieve a truly global position with a presence in Asia Pacific, the United States and Latin America, the statement said. Soprano…
SkySpecs, a global leader in wind energy technology, has acquired two of Europe’s premier wind energy companies: Fincovi, a leader in financial asset management, and Vertikal AI, a pioneer in predictive maintenance for wind energy. The combined entity brings together world-class data insight and automation to help wind farm owners and operators to optimally invest…
Zensar, an RPG company, and the management of M3bi announced that they have entered into a definitive agreement for Zensar to acquire M3bi, a Scottsdale, Arizona-based data engineering and digital engineering firm. Zensar Technologies Ltd will acquire the entire share capital of M3bi Private Limited (“M3bi India”), and its wholly owned subsidiary, Zensar Technologies Inc.,…
IBM announced a definitive agreement to acquire Turbonomic, an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. Financial details of the deal were not disclosed. The acquisition will provide businesses with full stack application observability and management to assure performance and minimize costs using AI to optimize resources…
Internet Brands, a KKR portfolio company and owner of WebMD Health Corp. (WebMD), a leader in health information services for physicians and consumers, announced an agreement to acquire PulsePoint Inc., a leading technology company using real-time data to unlock and activate health insights. Internet Brands’ acquisition of PulsePoint accelerates its expansion into the healthcare marketing…
Route Mobile Limited (Route Mobile), one of the leading cloud communication platform service providers to enterprises, over-the-top (OTT) players, and mobile network operators, announced that it has signed a definitive agreement to acquire Phonon Communications Private Limited (“Phonon”), a leading communications automation platform provider. The acquisition allows Route Mobile to leverage Phonon’s supercharged customer experience…
Songtradr, the world’s largest B2B music licensing market, announced that it has acquired music technology and data company Tunefind. Tunefind is the world’s largest database and online information resource for music in television, films, and video games. “Tunefind is an important trusted industry resource for using music in all major entertainment formats. The size of…
Lineage Logistics, LLC, a global temperature-controlled industrial REIT and logistics solutions provider, announced its intention to acquire UTI Forwarding, a renowned Rotterdam-based freight forwarder. The acquisition marks Lineage’s entrance into the freight forwarding industry in Europe, further strengthening Lineage’s end-to-end supply chain offering by advancing the operational synergies for the movement of goods through Lineage’s…
Amcor, a global leader in consumer packaging, announced a strategic investment in ePac Flexible Packaging, a leader in the high quality, short run length digital printing segment for flexible packaging. The investment will range between approximately $10 to $15 million, including a minority ownership interest in ePac Holdings LLC and funding for one or more…