iBus Networks, a company that offers in-building wireless solutions, outdoor small cells and other last-mile connectivity solutions to mobile operators, has acquired Ubico Networks for about Rs 100 crore, according to ET report. Earlier this month, Morgan Stanley India Infrastructure acquired an undisclosed stake in iBus Network and Infrastructure, for ₹150 crore ($21 million). Post…
Servify has announced the acquisition of key businesses of Munich based WebToGo, a one-stop provider for multichannel self-care and customer experience solutions for smartphones, tablets and laptops. This acquisition will help Servify further strengthen its global footprint both in terms of technology and people, the company said. The acquisition brings the two marquee solutions of…
Coforge Limited, a global IT solutions organization, today announced that it has signed definitive agreements to acquire a controlling interest in SLK Global Solutions Private Limited (SLK Global), a business process transformation enterprise offering BPM and digital solutions for the financial services industry. A fast-growing business with a robust operating profile, SLK Global has deep…
Crownpeak, the leading digital experience platform, announced that it has entered into a definitive agreement with German IT service provider adesso SE to acquire adesso subsidiary e-Spirit. Headquartered in Germany, e-Spirit enables businesses to rapidly deliver personalized, content-rich experiences across online channels. The acquisition brings together Crownpeak’s SaaS-based web content management system (CMS) and other…
ValueFirst, one of the top CPaaS players of India, announced it has been acquired by Twilio, a leading cloud communications and customer engagement platform. “ValueFirst & Twilio have been working hard at solving different aspects of the CPaaS industry, and in our conversations over the last months, we realized how we help each other grow,…
Vidal Health Insurance TPA has acquired Vipul Medcorp Insurance TPA for an undisclosed amount. This is the first such deal in the third-party administrator (TPA) space. Post-acquisition, Vidal Health Insurance TPA will be the second-largest player in the segment after Medi Assist. TPA is an entity that processes insurance claims under medical insurance. Every insurance…
PayPal Holdings, Inc. announced that it has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Curv is a leading provider of cloud-based infrastructure for digital asset security based in Tel Aviv, Israel. Financial terms of the deal were not disclosed. In October 2020, PayPal announced its commitment to…
Nestlé USA announced that it has acquired Essentia Water (Essentia), a premium functional water brand headquartered in Bothell, Washington. Essentia pioneered ionized alkaline water more than twenty years ago and is the leading brand in that space in the U.S. This transaction is part of Nestlé’s continued transformation of its global water business, which was…
Atradius Collections, a financial services company that provides trade invoice collection services in 96% of the countries across the world, announced it has acquired the Portuguese collections agency Gestifatura. The company has expanded its presence to 34 countries around the globe. After opening new offices in Dubai, Morocco, and Indonesia in the past two years,…
Cision announced that it has entered into a definitive agreement to acquire Brandwatch, a global leader in digital consumer intelligence and social media listening, for $450 million. This strategic move will combine two leaders in their respective industries and will bring to customers the substantial benefits of their complementary capabilities to deliver the future of…
Pearson, the world’s leading learning company, announced the acquisition of Spotlight Education, a company that utilizes unique, proprietary technology to turn education data into personalized video reports available in over 30 languages. The reports provide clear, useful information and infographics that help families from all backgrounds and education levels understand data about student performance and…
Diligent Corporation, the modern governance company with a platform used by nearly 700,000 board directors and leaders across 19,000 clients, announced that it has signed an agreement to acquire Steele Compliance Solutions, Inc. (Steele), a global leader in ethics and compliance SaaS. The acquisition is expected to close in early March. Financial details of the…
Kahoot!, the global learning platform company, announced the acquisition of Whiteboard.fi, an online whiteboard tool for teachers and classrooms that helps engage students both in the physical classroom and through remote learning. Through this acquisition, Kahoot! plans to expand its platform and provide more powerful learning and engagement tools for 7.5 million teachers on the…
VerSe Innovation Pvt. Ltd, the parent of online news and content platform Dailyhunt and short video app Josh, said it has acquired Bengaluru-based AI solutions provider Cognirel Technologies Pvt. Ltd. Recently, VerSe entered into the famed unicorn club of startups. Post acquisition, Cognirel founder Ram Prakash will join VerSe’s board to head its newly instituted…
Bengaluru-based online learning platform Vedantu has acquired Instasolv, the second-largest doubt solving app in the country for students from Class 6 – 12 for science, mathematics, IITJEE, and NEET. Financial details of the deal were not disclosed. In 2020, Vedantu had invested $2 million as part of a pre-series A funding in Instasolv. Commenting on…