Blackstone announced that private equity funds managed by Blackstone have entered into a definitive agreement to acquire a controlling stake in Simplilearn Solutions Pvt. Ltd., a leading online learning ‘bootcamp’ based in India offering digital skills training and courses to working professionals all over the world. Simplilearn was founded in 2010 by its Chief Executive Officer Krishna Kumar.…
Fintech startup Razorpay said it has acquired TERA Finlabs, a Bengaluru-based startup that provides technology, risk and capital solutions to enable embedded financing solutions for businesses, according to PTI report. TERA Finlabs is an Indian subsidiary of UK-based digital lender, GAIN Credit. Financial details of the transaction were not disclosed. “This acquisition of TERA Finlabs is aligned with…
Zoom Video Communications, Inc. announced it has entered into a definitive agreement to acquire Five9, Inc., a leading provider of the intelligent cloud contact center, in an all-stock transaction valued at approximately $14.7 billion. The acquisition is expected to help enhance Zoom’s presence with enterprise customers and allow it to accelerate its long-term growth opportunity…
Rossari Biotech Limited, a SpecialityChemicals manufacturer providing intelligent and sustainable solutions for customers across industries, has announced that its Board of Directors has approved the acquisition of Tristar Intermediates Pvt. Ltd. As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity share capital of Tristar Intermediates. 76%…
Reliance Retail Ventures Limited has announced the acquisition of controlling stake in Just Dial Limited for a total consideration of Rs 3,497 crores. According to the announcement, VSS Mani will continue as Managing Director and Chief Executive Officer to lead Just Dial through the next phase of growth. Speaking on this transaction, Ms Isha Ambani,…
Accenture has agreed to acquire Wabion, a Google Cloud services boutique with headquarters in Esslingen, Germany and Olten, Switzerland as well as additional offices in Munich, Cologne and Lausanne. The team of more than 60 professionals will join Accenture’s Google Cloud Business Group, part of Accenture Cloud First. Terms of the transaction were not disclosed. As a Google Cloud…
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, announced the acquisition of controlling stake in Just Dial, India’s local search engine platform which provides search related services to users across the country. Post acquisition, VSS Mani to continue to lead Just Dial as Managing Director and Chief Executive Officer. RRVL would make…
IBM announced an agreement to acquire Bluetab Solutions Group, S.L. to extend its portfolio of data and hybrid cloud consulting services. Financial details were not disclosed. Bluetab will become a strategic part of IBM’s data services consulting practice to further advance its hybrid cloud and AI strategy, the company said in a statement. “The outside-in digital transformation of the…
Canadian-based NCRi, a Customer Experience Management services Provider and Global Contact Center Operator, has acquired Ascentia Services, LLC, based in Dubai, UAE, and will be merging its contact center operations in Dubai, UAE; Delhi, India; Pune, India; and Manama, Bahrain, which will now operate under the brand name NCRi Ascentia. With this transaction, NCRi International…
India Grid Trust (IndiGrid), India’s first power infrastructure investment trust (InvIT), announced the completion of acquisition of 100% stake in two solar assets with cumulative capacity of 100 MW (AC) from Fotowatio Renewable Ventures (FRV) at an enterprise value of ~INR 6.6 Bn. “With this acquisition, our asset portfolio will now consist of 14 diversified…
Hitachi, Ltd. announced that it has completed the acquisition of GlobalLogic Inc. pursuant to the terms of the definitive agreement signed on March 31, 2021. As announced in the press release dated March 31, Hitachi Global Digital Holdings LLC, a U.S. subsidiary of Hitachi, has acquired 100% of the outstanding shares of GlobalLogic Worldwide Holdings, Inc., the…
Milestone Technologies, a Silicon Valley based global IT managed services firm, has announced the acquisition of Software Management Consultants, Inc. (SMCI), a NextGen IT Consulting, Talent Management and Digital Solutions Provider based in Glendale, CA, USA. “I am thrilled to welcome the SMCI team, their customers, and partners to the Milestone family. We are very…
Titomic Limited has announced that its wholly owned subsidiary Titomic USA, Inc has completed the acquisition of the business of Tri-D Dynamics Inc on the terms set out previously on 22 April 2021. The Tri-D acquisition is another milestone in the Titomic strategy to be a global solutions leader in additive manufacturing, according to a…
Microsoft announced that it has entered into a definitive agreement to acquire RiskIQ, a global threat intelligence and attack surface management company. “The acquisition will help our shared customers build a more comprehensive view of the global threats to their businesses, better understand vulnerable internet-facing assets, and build world-class threat intelligence,” Eric Doerr, Vice President, Cloud Security,…
Titan Cloud Software has announced that it has acquired Canary Compliance. The move is the latest in a series of growth milestones for Titan Cloud and will enable the company to expand its environmental compliance solutions for SMBs in the retail fuel industry, a company statement said. “We are excited to welcome the Canary team…