Whatfix, a Digital Adoption Solutions platform, has announced the acquisition of Nittio Learn, a learning management system. According to the announcement, “The acquisition will advance the company’s application training capability by making learning more personalised, adaptive and richer. NittioLearn’s toolset, including additional content options, assessment capabilities, and training course allocation, works holistically with Whatfix. New…
Tag: acquisition
Philip Morris International acquires inhaled drug specialist OtiTopic
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•Philip Morris International Inc. (PMI) announced its acquisition of OtiTopic, a U.S. respiratory drug development company with a late-stage inhalable acetylsalicylic acid (ASA) treatment for acute myocardial infarction. “The acquisition of OtiTopic is an exciting step in PMI’s Beyond Nicotine ambitions,” said Jacek Olczak, CEO, PMI. “We have world-class expertise in the research, development, and…
Hitachi Rail acquires Thales’ Ground Transportation Systems business
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•Hitachi Rail agreed to acquire Thales’ Ground Transportation Systems (GTS) business for an enterprise value of €1,660 m (~¥215 bn). GTS, a division of Thales, is a global leader in Rail Signalling and Train Control Systems, Telecommunications and Supervision systems and Fare collection solutions. In FY2020, GTS generated €1.6bn of revenues and today employs around…
Macquarie to acquire 40% of Open Fiber for €2.12 bn
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•Global asset manager Macquarie announced it has finalised an agreement with Enel to acquire a 40 per cent equity interest in Open Fiber for €2.12 billion. Open Fiber operates Italy’s largest fibre-to-the-home network, with more than 12 million households passed in more than 180 urban centres and more than 2,300 rural municipalities across the country.…
Siemens Mobility acquires rail software provider Sqills
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•Siemens Mobility, a separately managed company of Siemens AG, announced the acquisition of the Netherlands based company Sqills, a leading provider in the provision of cloud-based inventory management, reservation, and ticketing software to public transport operators around the world. Sqills has developed “S3 Passenger” as an outstanding and scalable platform that enables rail and bus…
Zynga Enters Into Agreement to Acquire Mobile Game Developer StarLark
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•Zynga Inc., a global provider of interactive entertainment, has announced that it has entered into a definitive agreement to acquire StarLark, developer of mobile golf game, Golf Rival, from Betta Games for $525 million in cash and stock. According to a statement, “This acquisition brings to Zynga a talented development team with the proven ability…
Bengaluru-based Strides announces U.S. expansion, acquires manufacturing facility of Endo International
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•Strides Pharma Science Limited (Strides) announced that its wholly owned subsidiaries have entered into definitive agreements with subsidiaries of Endo International plc (Endo) to acquire its manufacturing facility at Chestnut Ridge, New York and a basket of ANDAs. The proposed acquisition will further bolster Strides US presence through acquisition of a multi dosage facility in…
Colorchips New Media acquires Vega Music
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•Colorchips New Media Limited, an integrated design solutions company engaged in Film production, TV commercials, Animation & Web design, announced it has acquired 100% stake in Vega Music Private Limited. “We wish to inform you that the Board of Directors of the Company in its meeting held today ie., August 05, 2021 have approved acquisition…
Accenture acquires supply chain management company Blue Horseshoe
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•Accenture announced it has agreed to acquire Blue Horseshoe, a supply chain management and strategy consulting firm and systems integrator specializing in fulfillment and distribution solutions. Financial details of the deal were not disclosed. Blue Horseshoe helps clients across industries, including food and beverage, consumer packaged goods, retail distribution, and transportation and logistics, define and plan…
Moody’s to acquire RMS
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•Moody’s Corporation and RMS have announced that they have entered into a definitive agreement for Moody’s to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion from Daily Mail and General Trust plc. According to a statement, “The acquisition will immediately increase Moody’s insurance data and…
Deltek Acquires ArchiSnapper
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•Deltek, a global provider of software and solutions for project-based businesses, has announced that it has acquired ArchiSnapper – a SaaS and mobile application designed to help architects and engineers automate field reports, create digital site inspection and improve collaboration, the company said in a statement. “We are excited to join Deltek Project Nation! Together…
Bentley Systems Announces Seequent’s Acquisition of Imago
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•Bentley Systems, the infrastructure engineering software company, has announced that its Seequent business unit has acquired Imago Inc, a developer of cloud-based software for the capture and management of geoscientific imagery. The acquisition will expand Seequent’s technology solutions portfolio while boosting cloud capabilities to help geoscientists and engineers solve earth, environment, and energy challenges, according…
Deel acquires Zeitgold to strengthen Payroll & AI Offerings
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•Deel, a global payroll and compliance space platform, has announced that it had joined forces with Zeitgold to fuel international growth and enhance the depth and breadth of its product offerings. This acquisition marks a significant milestone for Deel as the company continues to scale, adding thousands of customers as working and hiring practices continue…
Clarivate acquires Bioinfogate
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•Clarivate Plc , a global provider of information and insights to accelerate the pace of innovation, has announced that it has acquired Bioinfogate, a provider of analytics solutions in the life sciences and producer of the OFF-X™ portal. Financial terms of the transaction were not disclosed. Mukhtar Ahmed, President, Science Group, Clarivate, said,”The acquisition of Bioinfogate will further our…
Accenture completes acquisition of consulting capabilities for PLM and ALM from DI Square
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•Accenture has completed its acquisition of DI Square’s consulting capabilities for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration to expand Accenture’s engineering expertise. Terms of the transaction, which Accenture announced on June 14, were not disclosed. Accenture acquired DI Square’s PLM and ALM-related know-how and client contracts as well as approximately 70 DI Square professionals,…