QTS Realty Trust (QTS) and Blackstone announced that they have entered into a definitive agreement under which Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc. and other long-term perpetual capital vehicles managed by Blackstone will acquire all outstanding shares of common stock of QTS Realty Trust for $78.00 per share in an all-cash transaction…
AccessBell, a VC-backed silicon valley startup founded by Stanford MBAs, sold its video conferencing software solution to Tata Medical & Diagnostics for an undisclosed amount. AccessBell was founded in March 2020 at the start of the COVID-19 pandemic. Founders Martin Aguinis, Josh Payne, and Kamil Ali saw the need for integrated video solutions for applications like telehealth and worked quickly to…
Nium, a leading global B2B payments platform, announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimisation. The transaction is expected to close early in the third quarter of 2021, subject to customary closing conditions. Ixaris provides flexible funding and payment methods that help airlines and online travel agents…
Primavera Capital Group (Primavera) announced that it has signed a definitive agreement with Reckitt Benckiser Group plc (Reckitt), a world’s leading consumer health, nutrition, and hygiene company, to acquire the Greater China business of the Mead Johnson Nutrition Company (Mead Johnson, the Company), a global leading infant formula and nutrition company owned by Reckitt. Following the transaction,…
Autodesk, Inc. has confirmed that it has submitted a non-binding proposal to acquire all the outstanding shares of common stock of Altium Limited for AUD$38.50, to be implemented by way of a scheme of arrangement. Altium is a global software company headquartered in San Diego, California and publicly traded on the Australian Securities Exchange. The…
Cognizant has completed its acquisition of Munich, Germany-based ESG Mobility, a digital automotive engineering R&D provider for connected, autonomous and electric vehicles. ESG Mobility provides services across the automotive software stack with key strengths in electrical and electronic systems and connected vehicle applications, as well as emerging capabilities for autonomous and electric vehicles. Together, Cognizant…
Siemens announced that it has acquired Nextflow Software, an independent provider of advanced particle-based computational fluid dynamics (CFD) solutions. Nextflow Software will become part of Siemens Digital Industries Software, where its offering will expand the Simcenter software portfolio, part of the Siemens’ Xcelerator portfolio of software and services, with rapid meshless CFD capabilities to accelerate…
Accenture announced it has acquired Entropia, marking the first acquisition by Accenture Interactive in Southeast Asia. Entropia, one of the fastest-growing international agencies, will complement and expand Accenture Interactive’s unique position in the market for experience-led transformation services, the statement said. Founded in 2016 and based in Kuala Lumpur, Entropia features a team of more than 210 employees…
CSC, a provider of business, legal, tax, and digital brand services, has announced that it has acquired PEF Services LLC (PEF), a provider of technology-enabled fund administration services to private capital firms and their investors, including private equity, private debt, venture capital, and U.S.-based small business investment companies (SBICs). “This strategic acquisition greatly accelerates CSC’s…
Unisys Corporation, a global IT solutions company, has announced that it has entered into an agreement to acquire Unify Square, an experience management provider for secure collaboration and communications platforms, for $152.5 million on a cash-free, debt-free basis. Unisys is funding the transaction with cash on hand. According to a statement, the transaction, which is…
Binny Bansal co-founded xto10x, a Bengaluru-based startup consulting and SaaS tech company, announced it has acquired Delhi-based HR tech startup Dockabl for an undisclosed value. Founded in 2017 by Samarth Masson and Sanjeev Grover, Dockabl provides HR-focused solutions for employee performance management through a SaaS model. Saikiran Krishnamurthy, Co-founder, xto10x, said, “Dockabl is an easy…
Xebia Group, a global IT consultancy firm, has announced that it has acquired Appcino to accelerate digital transformation with low-code competencies. Appcino is a low-code consulting and technology firm with almost a decade of experience in delivering business applications on low-code platforms. Appcino is an Appian Trusted & Elite solutions partner and Salesforce Silver Consulting…
Rossari Biotech Limited (Rossari, Company), a SpecialityChemicals manufacturer providing intelligent and sustainable solutions for customers across industries, announced that its Board of Directors has approved the acquisition of Unitop Chemicals Private Ltd (Unitop Chemicals, company). As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity capital of…
Cloudera, (CLDR), the enterprise data cloud company, announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice (CD&R) and KKR in an all cash transaction valued at approximately $5.3 billion. The transaction will result in Cloudera becoming a private company and is expected to close in the second…
OwnBackup, a cloud to cloud data protection provider, has announced the acquisition of Nimmetry, based in Santa Clara, CA, with a presence in Hyderabad, India. Nimmetry provides a unified platform for integration of big and small SaaS-based data using a microservices architecture. “This acquisition accelerates OwnBackup’s multi-cloud strategy. The entrance into the Indian market and…