RV Health, a Red Ventures business, has acquired Healthgrades.com from Mercury Healthcare, the new brand for the separate enterprise-wide technology and data platform for health systems formerly known as Healthgrades. “People are demanding digital health solutions they can trust,” said RV Health CEO Jeff Hallock. “With the addition of Healthgrades.com, RV Health now has the…
Tag: acquisition
Suumaya Industries picks majority stake in payAgri
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•Suumaya Industries Ltd. has acquired majority of 51% stake in payAgri Innovations Pvt. Ltd., a tech-driven Agri & food business company solving the problems of key actors – Farmers, Processors, and Consumers in the Agri value chain for an undisclosed valuation. Ushik Gala, Chairman & Managing Director of Suumaya Industries Limited said, “Suumaya Industries has…
Cargill to acquire Asian chocolate supplier Aalst
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•Cargill announced it has entered into an agreement to acquire Aalst Chocolate Pte. Ltd., a Singapore-based world-class chocolate manufacturer. The acquisition will significantly expand Cargill’s Asia-Pacific footprint, adding chocolate to its existing portfolio of cocoa products, already sold throughout the region, the statement said. “The rapidly growing Asian marketplace is increasingly wielding its influence around the…
Adobe acquires collaborative video editing platform Frame.io
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•Adobe announced it has entered into a definitive agreement to acquire Frame.io, a leading cloud-based video collaboration platform. With over a million users across media and entertainment companies, agencies, and global brands, Frame.io streamlines the video production process by enabling video editors and key project stakeholders to seamlessly collaborate using cloud-first workflows, the company said…
Capital India Finance announces acquisition of Credenc
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•Capital India Finance Limited announced the acquisition of Credenc Web Technologies Private Limited (Credenc). According to the Company’s exchange filing, “We would like to inform that Capital India Home Loans Limited, a material subsidiary of the Company has acquired 100% (One Hundred percent) shareholding of Credenc Web Technologies Private Limited (“Credenc”) from its existing shareholders.”…
Novator Acquires Shares in Visual Effects and Animation Powerhouse DNEG, Invests $250 mn
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•DNEG, a leading visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, announced that Novator Capital Advisers, LLP (Novator) has invested $250 million in subsidiaries of Prime Focus Limited, the parent company of DNEG (Prime Focus), and personal holdings of its founder Namit Malhotra. The Novator investment enables…
Adapdix acquires Edge Intelligence to bring data and AI closer together
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•Adapdix, an AI-powered automation software platform, has announced that it has acquired Edge Intelligence, developer of the geographically distributed data management platform for analytics built for both edge computing and hybrid cloud environments. Anthony Hill, CEO at Adapdix, said, “Edge Intelligence has developed the leading distributed edge data management solution, with patented technology, and a…
ASSA ABLOY acquires Omni-ID in the US
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•ASSA ABLOY has acquired Omni-ID, a manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring and alerting applications, based in the US. “I am very pleased to welcome Omni-ID into the ASSA ABLOY Group. Omni-ID is a strategic technological addition to the ASSA ABLOY Group and reinforces our…
JJELLYFISH acquires The Clean Sell
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•JJELLYFISH, a tech-enabled services platform in go-to-market execution for startups and Fortune 500 new ventures, has announced the acquisition of The Clean Sell. Founded by Dominick Cappuccilli in 2015, TCS is a NYC-based consulting firm specializing in early-stage sales and commercialization. “We continue to execute against our mission of increasing the odds of commercial success…
HH Global acquires Adare International
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•HH Global has announced the completion of the acquisition of Adare International (including Purple Agency), from the private equity firm Endless LLP, following the signing of an agreement on Monday 21 June 2021. The combined business will generate approximately $2.1bn in annual sales. According to a statement, “This deal will create a combined global business…
Adani Group to acquire MBCPNL portfolio from Sadbhav Infrastructure at an Enterprise Value of Rs 1,680cr
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•Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises Ltd (AEL), has entered into a definitive agreement to acquire Maharashtra Border Check Post Network Ltd (MBCPNL), a subsidiary of Sadbhav Infrastructure Project Limited (SIPL). ARTL, which develops, constructs, operates and manages roads and highway projects in India, will acquire a 49% stake…
Hyatt announces acquisition of Apple Leisure Group
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•Hyatt Hotels Corporation announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is anticipated to close in the fourth quarter of 2021, subject to customary…
Azentio to acquire software assets from Path Solutions
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•Azentio Software (Azentio), a Singapore-headquartered software products business owned by funds advised by Apax, announced the acquisition of certain software assets from Path Solutions (including the flagship products iMAL, iShraq, Path Digital and Path Analytics), a leading provider of core banking software. This acquisition will strengthen Azentio’s banking portfolio by adding complimentary core banking software capabilities and a…
Bangalore-based OnMobile acquires 100% stake in AI-based startup rob0
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•OnMobile Global Limited (OnMobile), a mobile entertainment company, announced that its subsidiary OnMobile Global Solutions Canada Ltd. has acquired 100% stake in rob0, a startup that offers patent pending Vision AI technology. This investment is in continuation to the initial acquisition of 25% equity stake in May 2020, the statement said. rob0 gathers, analyses and…
Litera Agrees to Acquire Machine Learning Contract Analysis Company, Kira Systems
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•Litera, a legal technology solutions provider with more than 15,000 customers, has announced that it has agreed to acquire Kira Systems, a machine learning contract review and analysis software platform. As part of the acquisition, Insight Partners, an investor in Kira Systems since August 2018, will further its investment in Kira, becoming a minority investor…