Swedish engineering group Sandvik has signed an agreement to acquire pro-micron GmbH, a German-based supplier of sensorised tools and automation software. Sensorised tools is a high-growth market, with strong underlying drivers such as the accelerated shift to automated production, increasing demand of production data from our customers and closed loop manufacturing driving the need for digitalization,…
Lionsgate announced that it has closed its acquisition of the global entertainment platform eOne from Hasbro. Lionsgate acquired eOne for a purchase price of $375 million in cash, subject to certain purchase price adjustments, plus the assumption of production financing loans, a statement said. The acquisition adds 6,500 film and television titles to Lionsgate’s library, one of…
Gracell Biotechnologies Inc. (Gracell), a global clinical-stage biopharmaceutical company dedicated to developing innovative cell therapies for the treatment of cancer and autoimmune diseases, announced it has entered into a definitive agreement to be acquired by AstraZeneca. The proposed acquisition will enrich AstraZeneca’s growing pipeline of cell therapies with GC012F, a novel, clinical-stage FasTCAR-enabled BCMA and…
Homegrown wearables brand Noise has raised $10 million from US-based audio equipment major Bose Corporation in a deal that values the Gurgaon-based company at around $420 million, according to ETtech report. Bose has acquired approximately 2.4% stake, Noise said in a regulatory filing with the Registrar of Companies (RoC). Noise has issued 2,400 compulsorily convertible…
Accenture has signed an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. The acquisition aligns with Accenture’s focus on helping Italian public service organizations build their digital core and deliver enhanced services to the citizens they serve,…
Riiid Inc., a Softbank Vision Fund-backed AI education technology company, announced the acquisition of Qualson Co Ltd., a leading English language learning and content provider based in South Korea. Qualson is the owner and operator of popular B2C English learning platforms including its flagship Real Class, known widely for using high quality content sourced from international…
Accenture has completed its acquisition of Rabbit’s Tale, a Bangkok-based creative and digital experience agency. The acquisition strengthens the regional creative, brand and data capabilities of Accenture Song and helps its clients build and optimize digital experiences across the entire customer lifecycle in Thailand. Terms of the transaction previously announced on November 29, 2023, were not disclosed. Recognized as…
Singapore-headquartered Juniper Therapeutix, a science-led healthcare company focused on commercializing novel therapies, announced its agreement with Ping-An Shionogi Hong Kong, a group company of Shionogi & Co., Ltd, to license the rights to Ensitrelvir Fumaric Acid (“Ensitrelvir”) for Singapore. Juniper Biologics has applied for private patient access with the Health Sciences Authority (HSA) of the Republic of Singapore for…
Accenture has agreed to acquire the business of media and marketing technology company, Jixie. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture to strengthen its marketing transformation capabilities and resources through Accenture Song—the firm’s tech-powered creative group—helping Indonesian clients deliver more personalized experiences to enhance customer engagement for sustainable business growth. Headquartered in…
GlobalLogic, a Hitachi Group Company and a leader in Digital Engineering, announced that it has entered into a definitive agreement to acquire Mobiveil, a specialized embedded engineering services firm headquartered in the United States. The acquisition will expand GlobalLogic’s existing capabilities in Embedded Software which is essential for new digital products and services in key industries including…
ERP Logic, a leading SAP and cloud solutions provider headquartered in the US, has now been rebranded as Nobl Q and has acquired Jeevan Technologies, a prominent IT services and consulting company with a significant presence in the US. The name Nobl Q signifies noble and passionate employees dedicated to crafting exceptional customer experiences, a…
Nippon Steel Corporation (NSC), Japan’s largest steelmaker and one of the world’s leading steel manufacturers, and United States Steel Corporation (U. S. Steel), a leading steel producer with competitive advantages in low-cost iron ore, mini mill steelmaking, and best-in-class finishing capabilities, announced that they have entered into a definitive agreement pursuant to which NSC will…
Biocon Biologics, a unique, fully integrated, global biosimilars company with a rich portfolio of insulins and monoclonal antibodies, has successfully concluded the integration of the acquired Viatris biosimilars business with the transition of 10+ Emerging Markets and Japan, Australia and New Zealand in the final phase. All Viatris’ biosimilars brands, including Ogivri & Hertraz (bTrastuzumab), Abevmy (bBevacizumab), Fulphila (bPegfilgrastim), Hulio (bAdalimumab), Nepexto…
IMA India, the country’s premier business information and senior professional communities’ company, has acquired CFO Collective India Pvt Ltd. This acquisition offers significant synergies and has created an unrivalled platform for finance leaders in India, a statement said. IMA India, led by Adit Jain, is India’s longest-serving, high quality and comprehensive CXO peer network company with…
Infibeam Avenues Ltd, a listed fintech company, announces its strategic foray into the capital markets and digital lending software market by acquiring a significant 49% equity stake in Pirimid Fintech, investing Rs 25 crore to solidify this strategic partnership. This move is in direct response to the surging demand in the thriving global capital markets…