Accenture has completed its acquisition of Linkbynet, a leading cloud services provider headquartered in France, specializing in cloud optimization and managed services, cloud transformation and cloud security. Terms of the transaction were not disclosed. Accenture announced its intent to acquire Linkbynet on May 11, 2021. Founded in 2000, Linkbynet is based in Saint-Denis, France, with additional offices in Belgium,…
Cisco announced the completion of the acquisition of privately-held, U.S.-based Socio Labs, Inc. Socio is a modern event technology platform that manages the full lifecycle of multi-session, multi-track virtual, in-person and hybrid conferences – from registration to post-event analytics. By adding Socio Labs to its Webex portfolio, Cisco will provide event organizers a single platform…
KKR, a leading global investment firm, announced that it has agreed to acquire Neighborly, the world’s largest provider and franchisor of home service brands, from Harvest Partners. Financial details of the transaction were not disclosed. Founded in 1981, Neighborly is a leading home services platform that connects more than 10 million residential and commercial customers with a…
Accenture has completed its acquisition of Nell’Armonia, a leading consulting and technology company specialized in enterprise performance management (EPM) solutions, headquartered in Paris, France. Accenture had announced its intent to acquire Nell’Armonia on June 1, 2021. Financial terms of the transaction were not disclosed. With more than 135 highly skilled professionals with experience in Oracle EPM cloud solutions, as…
Sangam renewables Ltd. announced the completion of its entire stake sale (51%) in its subsidiary, WAACOX Energy Pvt Ltd (WEPL) to Aditya Birla Renewables Ltd (ABRel) for an amount of Rs. 41,60,35,305. ABRel earlier held 49% in WEPL, and now shall own 100% stake, the company said in its exchange filing. The company shall use…
Bentley Systems, Incorporated, the infrastructure engineering software company, has announced that its Seequent business unit has acquired Danish company Aarhus GeoSoftware, a developer of geophysical software. Aarhus GeoSoftware, a spinoff company from Aarhus University in Denmark, develops the software packages AGS Workbench, SPIA, Res2DInv, and Res3DInv for the processing, inversion, and visualization of geophysical data…
Brightcom Group, the global Internet brand, has signed a Letter of Intent to acquire a Digital Marketing Services company based out of India with 1100 employees and premium clients such as Netflix, Disney, Bitly, Hulu and The New York Times. The details regarding the name of the target company have been kept confidential in light…
Larsen & Toubro Infotech, a global technology consulting and digital solutions company, announced it has completed the acquisition of Cuelogic Technologies Private Limited (Cuelogic). According to the exchange filing, “In continuation to our previous disclosure vide letter no. LTI/SE/STAT/2021-22/33 dated June 16, 2021, thereby intimating inter-alia the signing of definitive agreement for acquisition of Cuelogic…
Abracon, LLC has announced the acquisitions of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden and Hong Kong, respectively. The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong. “The addition of Proant is Abracon’s first acquisition in the antenna…
KKR, a global investment firm, announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners’ (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometers. HC1 is a platform in India that manages GIP’s road portfolio which spans across seven states including Gujarat, Karnataka, Madhya Pradesh, Meghalaya, Rajasthan, Tamil…
Blackstone announced that private equity funds managed by Blackstone have entered into a definitive agreement to acquire Sphera, a leading provider of Environmental, Social and Governance (ESG) software, data, and consulting services, from Genstar Capital. The investment, which values the company at approximately $1.4 billion, would be made through Blackstone’s flagship private equity vehicle, the…
Nium, a global payments platform, has announced that it has signed a definitive agreement to acquire Wirecard Forex India Pte. Ltd – a foreign currency exchange, pre-paid card, and remittance service provider in India. Wirecard Forex is licensed by the Reserve Bank of India as an Authorized Category II Money Exchange Dealer (AD II) and…
Moglix in its quest to build the operating system for the manufacturing sector has acquired Vendaxo, an e-commerce platform for buying and selling of used machinery. This move by the B2B commerce Unicorn is a step towards creating a sustainable and capital efficient manufacturing ecosystem. Through the acquisition, Moglix wants to provide access to high…
RamSoft, a healthcare IT software and services company, has announced it has taken a majority stake in Meddiff Technologies, a medical imaging solutions company. According to a statement, this acquisition will accelerate RamSoft’s product development by combining the product lines and expertise of Meddiff and RamSoft. The company will add over 50 employees and a…
Encora, a global next-gen product engineering provider, has announced the acquisition of Daitan, a provider of software engineering services. The acquisition added 600 engineers and proprietary product capabilities, expanding Encora’s global talent pool to 5,500 engineers, according to a statement. Daitan has offices in San Ramon, CA and R&D centers in Victoria, British Columbia, Canada…