Azentio Software, a Singapore-headquartered software products business owned by Funds advised by Apax, announced that it has signed a binding agreement to acquire Beyontec, a leading insurance technology company. The transaction is conditional on obtaining relevant regulatory approvals. Beyontec has more than 300 employees and over 65 customers across the US, Middle East, and Africa. The…
Tag: acquisition
Affle completes acquisition of Jampp
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•Affle (India) Limited through its subsidiaries (Affle), announced the completion of acquisition to acquire full control, tech IP assets and 100% ownership of Jampp, a leading global programmatic mobile marketing company. Affle had approved and announced the acquisition on June 9, 2021 and this marks the successful completion of its biggest acquisition till date. Jampp…
Cisco completes acquisition of Kenna Security
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•Cisco announced the completion of the acquisition of Kenna Security, Inc. With the addition of Kenna Security’s industry-leading risk-based vulnerability management platform, Cisco customers will solve critical security posture challenges by working cross-functionally to rapidly automate prediction, identification, prioritization and remediation of cybersecurity threats. Adding Kenna’s vulnerability management platform to Cisco’s SecureX platform’s market leading…
Global IT consultancy firm Xebia acquires Oblivion
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•Xebia, a global IT consultancy firm, announced that it has signed definitive agreements to acquire Oblivion; a first AWS Premier Consulting Partner in the Netherlands. Xebia shall acquire 100% stake in Oblivion, with Oblivion’s management continuing to proudly be a part of Xebia logo. This acquisition will enable Oblivion to build new capabilities in ‘Cloud’,…
Accenture acquires Bionic to help brands drive customer growth and innovation
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•Accenture announced it has acquired Bionic to help clients ignite customer growth through an entrepreneurial approach designed for large organizations, enabling them to launch new products and businesses that fulfil unmet customer needs. The acquisition strengthens Accenture Interactive’s ability to help its clients drive growth by reimagining experiences and seizing new market and customer opportunities with less risk and…
Mobileum Inc. Acquires Niometrics
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•Mobileum Inc., a global provider of analytics solutions for roaming and network services, security, risk management, and testing and monitoring solutions, has acquired Niometrics, a provider of deep network analytics. According to a statement, the acquisition expands Mobileum’s actionable analytics platform with customer discovery, engagement, and experience capabilities. Mobileum’s Active Intelligence platform is a telecom-focused…
QuEST Global acquires Synapse Design
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•QuEST Global, a global product engineering and lifecycle services company, has acquired Synapse Design, a Silicon Valley headquartered design and engineering services provider to top-tier semiconductor and systems companies worldwide. This addition will enhance QuEST’s capability in providing comprehensive design and consulting services and software development for the semiconductor industry, the statement said. With this acquisition, the company…
QuEST Global acquires Synapse Design
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•QuEST Global, a global product engineering and lifecycle services company, has acquired Synapse Design, a Silicon Valley headquartered design and engineering services provider. This acquisition will enable QuEST’s vision to grow its semiconductor business, add at least 2,000 engineers in the next four years, according to a statement. Synapse Design has its design centers in…
Accenture acquires Sweden-based Sentor
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•Accenture has acquired Sentor, a Sweden-based independent provider of cyber defense and managed security services. Financial terms were not disclosed. Sentor was founded in 1998 and is headquartered in Stockholm, with additional offices in Gӓvle and Malmӧ. The company’s portfolio includes advisory services, security testing, managed detection and incident-response capabilities, powered by a 24/7/365 security operations center…
Bharat Forge acquires Sanghvi Forging and Engineering Ltd
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•Bharat Forge announced it has acquired Sanghvi Forging and Engineering Ltd.(SFEL) for Rs 90 crores. The acquisition has been completed on June 28, 2021. “In this regard, we wish to inform you that in accordance with the NCLT order dated April 26, 2021 and in terms of the approved Resolution Plan, the Company has fully…
JFrog to Acquire Vdoo to Deliver End-to-End Continuous Security
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•JFrog Ltd., the liquid software company, has announced that it has entered into a definitive agreement to acquire Vdoo Connected Trust Ltd. in a cash and stock-based deal valued at approximately $300 million. According to a statement, as part of the JFrog Platform, Vdoo will accelerate JFrog’s vision of becoming the company behind all software…
HDFC Bank acquires 7.4% stake in Virtuoso Infotech
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•Virtuoso Infotech Pvt. Ltd., an enterprise software solutions company, founded by Preeti Nahar and Yogesh Satpute, based out of Pune, India announced the news of its first investment fundraise. India’s largest private sector bank HDFC and its subsidiary HDFC Securities Limited has acquired a 7.4% stake in Virtuoso Infotech, the release said. Virtuoso Infotech specializes…
AWS acquires encrypted messaging platform Wickr
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•Amazon Web Services (AWS) announced that it has acquired secure communications service Wickr — a messaging app that has geared itself towards providing services to government and military groups and enterprises. Financial terms of the deal were not disclosed. With Wickr, customers and partners benefit from advanced security features not available with traditional communications services – across messaging, voice…
CitiusTech Acquires SDLC Partners
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•CitiusTech, a provider of healthcare technology services, solutions and platforms, has announced that it has made a strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to payer organizations. “Payer organizations are leaning heavily on digital capabilities and innovative technology solutions to enhance quality of care, member experience and overall performance,”…
PharmEasy to acquire 66.1% stake in Thyrocare for Rs4,546 cr
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•API Holdings Ltd (API), the parent co. of India’s Largest Digital Healthcare Brand, (PharmEasy), founded by Dharmil Sheth, Dhaval Shah, Harsh Parekh, Hardik Dedhia and Siddharth Shah, announced the signing of definitive documents to acquire 66.1% stake in Thyrocare Technologies Ltd (Thyrocare) from Dr. A Velumani and affiliates at a price of INR 1,300 per share aggregating to INR…