IBM announced the closing of its acquisition of Turbonomic, Inc., an Application Resource Management (ARM) and Network Performance Management (NPM) software provider based in Boston, MA. The close of the acquisition complements IBM’s recent acquisition of Instana for application performance monitoring (APM) and observability, and the launch of IBM Cloud Pak for Watson AIOps to automate…
Bigtincan, a sales enablement automation platform, has announced that it has signed a definitive agreement to acquire 100% of Vidinoti SA to further its mission of creating the Buying Experience of the Future for the world’s Enterprise customers. With this acquisition, Bigtincan strengthens its ability to provide sales professionals with tools to virtually present products…
Nazara Technologies Limited, an India based, diversified gaming, gamified learning and sports media company, announced that it has signed a binding term sheet to acquire a majority stake in Arrakis Tanitim Organizasyon Pazarlama San. Tic. Ltd. Sti. (Publishme), the largest mobile game publishing agency in the Middle East and Turkey. Nazara will invest an approx.…
Blackstone and Vista Equity Partners (Vista) announced that private equity funds managed by those firms have agreed to acquire Ellucian, a leading higher education technology solutions provider, from TPG Capital, the private equity platform of global alternative asset firm TPG, and Leonard Green & Partners, L.P. (LGP). Blackstone and Vista will invest in Ellucian through their respective long-term private…
Platinum Equity announced that it has entered into a definitive agreement to acquire McGraw Hill, a global leader in educational content and digital platforms, from funds (the Apollo Funds) managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill…
QYOU Media Inc. has announced that it has completed its closing to acquire 97% of Chatterbox Technologies Private Limited, an influencer marketing company based in India. Founded in 2016 out of Mumbai and Delhi, Chtrbox is a data-driven influencer marketing platform that has delivered campaigns for many of the brands in India including P&G, Amazon,…
Accenture has entered into an agreement with DI Square to acquire the company’s consulting capabilities for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration. The acquisition will expand Accenture’s engineering expertise for automotive and other manufacturing clients in Japan and other markets. Terms of the transaction were not disclosed. Accenture will acquire DI Square’s PLM…
Accenture has agreed to acquire umlaut, an engineering consulting and services firm headquartered in Aachen, Germany. The move will significantly scale Accenture’s deep engineering capabilities to help companies use digital technologies like cloud, artificial intelligence, and 5G to transform how they design, engineer and manufacture their products as well as embed sustainability. The acquisition of umlaut will…
Info Edge India Ltd, which operates recruitment portal Naukri.com, has entered into an agreement to acquire 100% of the share capital of Zwayam Digital Pvt Ltd. Zwayam Digital Pvt Ltd operates Zwayam, artificial intelligence and machine learning-powered recruitment management software platform, which helps enterprises streamline and automate the entire recruitment workflow from sourcing to onboarding. “We are very…
Tata Digital Limited, a 100% subsidiary of Tata Sons Private Limited, will acquire a majority stake in digital health company 1MG Technologies Private Ltd. Incorporated in 2015, 1MG operates three state-of-the-art diagnostics labs, has a supply chain covering over 20,000 pin codes across the country, and through its subsidiaries is also engaged in the business…
Merchant payment and lending service provider BharatPe said it has acquired Payback India from American Express and ICICI Investments Strategic Fund. Financial details of the deal were not disclosed. This is the first-ever acquisition by BharatPe and will make Payback India a wholly-owned subsidiary of BharatPe, a statement said. Payback India – launched in 2010 – is a multi-brand loyalty programme…
KPS Capital Partners LP has announced that it has signed a definitive agreement to acquire the worldwide manufacturer Siderforgerossi Group, SpA of large diameter forged products. Upon completion of the transaction, Siderforgerossi will become the fifth acquisition by KPS’s mid-sized special situations fund and the second acquisition of KPS’s mid-sized fund in Italy in 2021.…
Blue Planet Environmental Solutions Pte. Ltd. (Blue Planet), a Singapore headquartered company driving regional sustainability through technology-driven and IP-based end-to-end solutions for waste management and upcycling, announced their third acquisition in the biogas sector. These milestones follow Blue Planet’s recent investment into Qube Renewables Ltd. (Qube), a U.K. registered company with a successful track record in…
Masai School, India’s first career-focused alternative education startup, announced its first ever acquisition of Bengaluru based design institute Design Shift Academy. The acquisition will help strengthen Masai School’s existing curriculum by introducing comprehensive learning programs on UI & UX Design, and Product Management, taking the company from a coding centric to a career focused learning platform. Masai School…
Deloitte announced its acquisition of substantially all the assets of CloudQuest, Inc. (CloudQuest), a cloud security posture management (CSPM) provider based in Cupertino, Calif. The deal will bolster Deloitte’s existing cloud cybersecurity offerings with CloudQuest’s cloud-native security capabilities to more seamlessly manage security workflows, reduce risk and improve data security, the release said. “While the global pandemic slowed…