Proofpoint, Inc., a leading cybersecurity and compliance company, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values Proofpoint at approximately $12.3 billion. Under the terms of the agreement, Proofpoint…
Eventus Solutions Group has entered into an agreement to become a portfolio company of Tech Mahindra, a provider of digital transformation and consulting services and solutions. The company will report into Tech Mahindra’s Business Process Services (BPS) group to further strengthen Tech Mahindra’s leadership in the front office space. A statement made by the company…
Orbis Technologies, Inc., a global provider of Component Content Management Software (CCMS), services and solutions, has announced that it has acquired InfoPros, a content developer. “The merger of Orbis and InfoPros brings together two market leaders to provide organizations a new way of managing their content,” stated Brian Ippolito, President & CEO of Orbis. “It…
Unison, the provider of Contract Management, Program Management, and Acquisition software and insight to government contractors and federal agencies, has announced the acquisition of PRICE Systems, LLC – the global provider of advanced Model-Based Cost Engineering™ software for decision support. “Our customers’ mission-critical programs continue to grow more complex. PRICE Systems best practices, thought leadership…
Mobile Premier League has acquired eSports gaming company GamingMonk. Founded in 2018 by Sai Srinivas Kiran G and Shubham Malhotra, MPL is a gaming platform that offers more than 70 real money games, including fantasy sports, rummy, poker, chess, 3D pool, ludo, and carrom. It competes with Dream11, WinZo and Mega, among others. Sai Srinivas…
Marvell Technology, Inc., a leader in data infrastructure semiconductor solutions, has announced the completion of its acquisition of Inphi Corporation. The combination creates a U.S. semiconductor powerhouse positioned for end-to-end technology leadership in data infrastructure. The combined company, Marvell Technology, Inc. (Marvell), is a Delaware corporation domiciled in the United States. “I am excited to…
iBus Networks, a company that offers in-building wireless solutions, outdoor small cells and other last-mile connectivity solutions to mobile operators, has acquired Ubico Networks for about Rs 100 crore, according to ET report. Earlier this month, Morgan Stanley India Infrastructure acquired an undisclosed stake in iBus Network and Infrastructure, for ₹150 crore ($21 million). Post…
Golden Triangle Ventures, Inc. has executed a formal Letter of Intent (the “LOI”) with Robert DuBose to purchase the remaining 49% of HyFrontier Technologies, Inc., giving Golden Triangle Ventures 100% ownership of the Technology Company upon final execution of a formal purchase agreement. Steffan Dalsgaard, CEO of Golden Triangle Ventures, commented, “We are incredibly excited…
Siemens Healthineers AG has announced that it has successfully completed the acquisition of Varian Medical Systems, Inc.. The acquisition was previously announced on August 2, 2020. “With Varian, Siemens Healthineers has the most comprehensive portfolio in the MedTech sector, which offers the company considerable potential for value creation. With a highly integrated approach, Siemens Healthineers…
Flipkart, India’s homegrown e-commerce marketplace has announced the proposed acquisition of Cleartrip, an online travel technology company. Flipkart will acquire 100% of Cleartrip’s shareholding, as the company further enhances its investments to strengthen its digital commerce offerings for customers. Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart. Cleartrip will continue…
Quess Corp, India’s leading business services provider, announced it has acquired 30% stake in Conneqt Business Solutions for Rs 208 crore from Tata Sons Private Limited. Post acquisition, Conneqt will become a wholly owned subsidiary of Quess. “We wish to inform that the Administration and Investment Committee has approved the acquisition of 30% equity shares…
TrillerNet, owner of the global AI-powered short-video app Triller, announced it has reached an agreement to acquire customer engagement platform Amplify.ai, a global leader in Conversational AI and brand amplification. The acquisition brings one of Silicon Valley’s most innovative and cutting-edge technology companies into fast-growing TrillerNet, a first-of-its-kind company consolidating technology, apps and entertainment and…
Fave, Southeast Asia’s consumer fintech platform, has been acquired by Pine Labs, a merchant commerce platform in a deal valued over $45 million (SG$60 million / RM185 million). Fave has enabled 6 million consumers in SEA to save over US$400 million across 40,000 retailers since 2016. With this acquisition, Indian consumers will be able to…
Heidrick & Struggles has acquired talent platform Business Talent Group. “The addition of Business Talent Group (BTG) provides clients seamless access to an on-demand marketplace for top independent talent, including professionals with deep industry and functional expertise who can be placed for interim leadership roles and critical, project-based initiatives, such as: market assessments, developing new…
EIG, an institutional investor to the global energy sector and infrastructure investor, has announced that it has entered into a lease and lease-back agreement with Saudi Arabian Oil Co. (“Aramco”), under which a consortium of investors led by EIG will acquire a 49% equity stake in Aramco Oil Pipelines Company, a newly formed entity with…