Ness, a global provider of Digital Transformation solutions and a portfolio company of The Rohatyn Group (TRG), has announced its acquisition of Risk Focus, a consulting and advisory firm specializing in Digital Transformation for Financial Services. “Adding Risk Focus’s core competence in Digital Transformation services to Ness’s core DNA in product engineering strengthens Ness’ position…
Adani Green Energy is in advanced talks to acquire privately-held SB Energy Holdings, according to Bloomberg report. A deal could value SB Energy, owned by SoftBank Group and Bharti Enterprises, at more than $650 million, said one of the people, who asked not to be identified as the information is private. Adani Green is exploring…
UL, the global safety science leader and one of the world’s top advisors on the development, evaluation and optimization of renewable energy projects, announced the acquisition of solar analytics company Clear Sky Analytics’ proprietary software platform and related assets. Clear Sky Analytics co-founders Ajay Saproo and John Corson will also join UL, the release said.…
Bambuser, a Stockholm-based software company specializing in interactive live video streaming, announced the acquisition of Relatable, a global marketing technology company, for approximately $24 million. Relatable founder Martin Garbarczyk will join Bambuser’s executive team as Chief Revenue Officer (CRO). The purchase will bring together significant core competencies and proprietary technologies for Live Video Shopping and…
Cisco announced the acquisition of Kenna Security, a recognized leader in risk-based vulnerability prioritization with over 14 million assets protected and over 12.7 billion managed vulnerabilities. Dr. Gee Rittenhouse, SVP and General Manager, Security Business Group, Cisco, said: “With Kenna Security as part of SecureX, we will bridge our leading threat management capabilities with its…
Backed by Platinum Equity and media executive David Nathanson, Game Taco, a skill-based mobile platform that enables gamers, has entered into an agreement to acquire WorldWinner. WorldWinner is part of GSN Games, a division of Game Show Network, which is wholly owned by Sony Pictures Entertainment. Under Platinum Equity’s new controlling interest, Game Taco and…
Shalby Limited (Shalby), India’s leading multi-specialty hospital, announced that it has entered into a definitive agreement to acquire certain assets from Consensus Orthopedics (Consensus) a company headquartered in El Dorado Hills, Sacramento, California for a cash consideration of USD 11.45 million. The assets were acquired by Shalby Advanced Technologies Inc, a wholly owned subsidiary of…
Emmes, a global, full-service Clinical Research Organization (CRO) dedicated to supporting the advancement of public health and biopharmaceutical innovation, announced that it has acquired Orphan Reach, a company headquartered in the United Kingdom with offices in Ireland, Germany, India, Canada, and the U.S. Started nearly 20 years ago, Orphan Reach is a CRO dedicated to…
BBG, a national commercial valuation and assessment real estate services firm, has announced that it expanded its assessment services with the acquisition of Mach-8 Consulting, a York, ME-based due diligence services firm specializing in HUD-insured property assessment projects. Terms of the acquisition were not disclosed. The company said in a statement, “With the Mach-8 acquisition,…
Appear, Inc. has acquired Crealev, a levitation technology company. The strategic acquisition of the Netherlands-based Crealev adds to Appear’s portfolio of best-in-class, innovative technologies, according to the company. “Appear’s acquisition of Crealev enables the company to be a “good” disruptor and deliver new and amazing products. Crealev has been considered a pioneer of the levitation technology…
Cisco announced the intent to acquire privately-held, U.S.-based Socio Labs, a modern event technology platform that provides event organizers with everything they need to successfully host in-person, virtual or hybrid events of any size and format. Together with Socio Labs, Cisco will enrich Webex Events beyond meetings, webinars and webcasts to also include large-scale, multi-session…
Online investment platform Groww announced that it will be acquiring Indiabulls Mutual Fund for a total consideration of Rs 175 crore, according to PTI report. The digital platform will acquire Indiabulls Asset Management Company (IBAMC) and the trustee company for Rs 175 crore, which includes a cash and equivalent component of Rs 100 crore, an…
Accenture has acquired Electro 80, a provider of operational technology (OT) for resources clients in Australia, including mining, energy, engineering, construction and utilities companies. Founded in 1987, and headquartered in Perth, with offices in Brisbane and Melbourne, Electro 80 provides automation, electrical, instrumentation, safety, networking and industrial IT services, as well as turnkey solutions encompassing…
The Board of Directors of Ruchi at its meeting held on 10th May, 2021 approved the signing of the Business Transfer Agreement (BTA) with Patanjali Natural Biscuits Pvt Ltd (PNBPL) to acquire its business of manufacturing, packing and labelling of biscuits, cookies, rusk and other associated bakery products. Ruchi has a strong presence in the…
HDFC Bank has bought 1.5% stake in CSC Grameen e-Store for about Rs 10 crore, according to ETtech report. India’s largest private sector lender is looking at the platform to extend the reach of its products and services — especially the banking portfolio — in rural areas, top executives said. The Grameen e-Store, launched in…