mdf commerce inc. (mdf commerce), a SaaS leader in digital commerce technologies, announced it has entered into an arrangement agreement to be acquired by funds managed by KKR, a leading global investment firm, in an all-cash transaction. Upon completion of the Transaction, mdf commerce will become a privately held company, a statement said. The Company’s…
Tag: acquisition
Accenture to acquire edtech company Udacity
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•Accenture has agreed to acquire Udacity, a digital education pioneer with deep expertise in the development and delivery of proprietary technology courses that blend the flexibility of online learning with the benefits of human instruction. Terms of the transaction were not disclosed. Udacity’s team of more than 230 professionals will join Accenture LearnVantage, which provides Accenture’s…
Accenture announces acquisition of The Lumery
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•Accenture has acquired The Lumery, a Melbourne-based marketing technology (martech) consultancy that helps leading organizations deliver seamless customer experiences and transform their marketing services. The acquisition will strengthen the marketing transformation capabilities of Accenture Song—the firm’s tech-powered creative group—and add significant depth to its offerings in Australia, such as personalization, CRM and loyalty, testing and experimentation and…
Boldyn Networks closes acquisition of Cellnex’s private networks business
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•Boldyn Networks (Boldyn) announced the close of its acquisition of Cellnex’s private networks business unit. This largely includes Edzcom, a Finnish pioneer and European market leader that designs, builds, and operates private 4G and 5G networks across enterprise customers in the manufacturing, transport hubs, oil and gas, energy generation, and mining industries. With this acquisition, Boldyn is…
WebMD Health Corp. acquires Healthwise
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•WebMD Health Corp., an Internet Brands company and a leader in health information services for consumers, physicians and other healthcare professionals, announced it has joined forces with Healthwise, Incorporated, the patient and member health education and engagement company, through the acquisition of Healthwise’s current operating assets. Healthwise delivers a powerful offering of consumer health content…
Graybar acquires Blazer Electric Supply
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•Graybar, a distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, announced that it will acquire Blazer Electric Supply, based in Colorado Springs, Colorado, effective March 1, 2024. Blazer Electric Supply is an electrical distributor that serves construction, commercial, institutional, and industrial customers. The company was founded in…
Accenture Song to acquire Mindcurv
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•Accenture has agreed to acquire Mindcurv, a cloud-native digital experience and data analytics company specializing in composable software, digital engineering and commerce services for more than 200 clients worldwide. With this acquisition, Accenture Song—the world’s largest tech-powered creative group—further expands its commerce services for clients globally. The terms of the acquisition from private equity investment…
KKR to acquire Broadcom’s EUC Division
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•Global investment firm KKR announced the signing of a definitive agreement with Broadcom Inc. to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic focus on empowering customers…
Thomson Reuters announces successful acquisition of Pagero
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•Thomson Reuters Corporation (Thomson Reuters) a global content and technology company, previously announced the successful outcome of its recommended public offer for Pagero Group AB (publ) (Pagero), for a purchase price of approx. USD 800 million / SEK 8.1 billion. The acquisition marks the sixth deal closed by Thomson Reuters since January 1, 2023, with a total acquisition value…
Infibeam Avenues Ltd acquires 20% strategic stake in US-based XDuce
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•Infibeam Avenues Ltd, a listed AI-powered fintech company, announced investment of USD 10 million for the acquisition of a 20% strategic stake in XDuce, a renowned enterprise Application and AI development company based in the United States. With headquarters in New Jersey USA, XDuce has a team of over 150 software developers in the US…
Bona to acquire Ezi Floor Products
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•Bona, a global, sustainably-driven company that supplies products for installing, renovating, maintaining, and restoring premium floors, has announced the acquisition of Ezi Floor Products (VIC) Pty Ltd (EFP), a distributor based in Melbourne, Australia. EFP, which has been the exclusive importer and national distributor of Bona products in Australia for over 20 years, will now…
HiBob acquires payroll automation platform Pento
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•HiBob, the company behind Bob, the modern HR platform for midsized multinationals, announced the acquisition of cloud-based UK payroll automation platform Pento, subject to closing conditions. Following the release of HiBob’s Payroll Hub in 2021, the deal represents the next step towards providing an ‘all-in-one’ experience, allowing UK businesses to efficiently solve payroll complexity, a statement said. Pento…
Accenture announces acquisition of Insight Sourcing
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•Accenture has entered into an agreement to acquire Insight Sourcing, a provider of strategic sourcing and procurement services. Insight Sourcing will broaden Accenture’s sourcing and procurement services for private equity companies and the consumer goods, retail, technology and industrial industries, as per the statement. Insight Sourcing helps its clients optimize costs when sourcing and negotiating contracts…
Blue Yonder acquires Flexis
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•Blue Yonder, a leading supply chain solutions provider, announced its acquisition of flexis AG, a flexible, innovative software technology provider specializing in production optimization and transportation planning and execution. With a robust customer base in the automotive and industrial original equipment manufacturer (OEM) sectors, flexis strengthens Blue Yonder’s capabilities to help companies with highly configurable products…
MSCI announces acquisition of Foxberry
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•MSCI Inc., a leading provider of mission-critical decision support tools and services for the global investment community, announced it has signed a purchase agreement to acquire Foxberry, a London-based provider of front-office index technology for investors. Foxberry was founded in 2014 with the mission of building and delivering investment solutions that are driven by technology,…