Tech Mahindra announced it has acquired 70 per cent stake in Perigord, a supplier of consultancy and labelling artwork solutions to the pharmaceutical industry globally, for an undisclosed sum, according to IANS report. This acquisition will help Tech Mahindra to augment expertise in the global pharmaceutical, healthcare and life science (HLS) sectors, the company said…
Bentley Systems, the infrastructure engineering software company, announced that it has entered into a definitive agreement with investors led by Accel-KKR to acquire Seequent—a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration—for $900 million in cash, subject to adjustment, plus 3,141,361 BSY Class B…
Oil and Natural Gas Corp (ONGC) said it has acquired a 5 per cent stake in Indian Gas Exchange (IGX). “ONGC signed a Share Purchase and Shareholders Agreement (SPSHA) with the Indian Gas Exchange (IGX) and the Indian Energy Exchange (IEX) in the presence of Oil Secretary Tarun Kapoor and ONGC head Shashi Shanker,” the…
Dropbox announced that it will acquire DocSend for $165 million. The company helps customers share and track documents by sending a secure link instead of an attachment. “Today, we’re sharing the news that we’ve entered into an agreement to be acquired by Dropbox for $165 million.Building and growing DocSend has been an incredible journey —…
A fully integrated (farm to retail) food company, Wingreens Farms has acquired Raw Pressery, a cash-strapped cold-pressed juices startup. The startup was valued at Rs 100 crore, “marking a significant consolidation in the consumer brands sector”, as per a senior company official. “The existing investors in Raw Pressery have got a share swap and are…
GracoRoberts has entered into an agreement to acquire UK-based Silmid to forge aerospace-focused and specification-driven specialty chemicals distributor around the globe. The combination, including the December 2020 acquisition of Able Aerospace Adhesives, provides GracoRoberts with over 200 years of combined domestic and international aerospace expertise, most notably in the OEM, military and defense, and MRO…
Wipro Limited, a leading global information technology, consulting and business process services company, announced that it has signed an agreement to acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific. Capco’s clients include many marquee names in the global…
Abracon LLC, has completed the acquisition of AEL Crystals Ltd, a privately held frequency control supplier headquartered in Surrey, England. “We are excited to join these two frequency control companies together as we enhance our presence in the European market with the addition of a very knowledgeable AEL team. One key strategic objective for Abracon has…
Accenture, a global professional services company with leading capabilities in digital, cloud and security, has acquired Australian-based supply chain and logistics consulting firm, GRA. The acquisition strengthens Accenture’s Supply Chain & Operations capabilities that help public and private sector clients address complex supply chain demands to deliver dynamic customer experiences in line with responsible practices,…
Keyloop, a supplier of technology solutions to the automotive industry, has announced its acquisition of both RAPID RTC and enquiryMAX, bringing their first-rate lead aggregation, lead response, enquiry management and showroom applications into the Keyloop product portfolio. “These are amongst the first actions Keyloop (formerly known as the International division of CDK Global) is taking…
HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, has announced the acquisition of substantially all the assets of Savari, Inc., a Silicon Valley-based automotive technology company developing vehicle-to-everything communications (V2X) technology in 5G Edge and automotive devices. Savari’s software and hardware technology will…
Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited, announced that it has acquired additional equity stake in its investee company skyTran Inc. for a consideration of $26.76 million increasing its shareholding to 54.46% on a fully diluted basis. skyTran is a technology company incorporated under the laws of Delaware,…
ADVIK Hi-Tech, a leading global automotive component manufacturer, announced it has completed the acquisition of Hanon Bangalore Operations Pvt. Ltd. (Hanon Bangalore), from Hanon Systems, South Korea. This acquisition is a strategic fit as it accelerates ADVIK Hi-Tech’s global manufacturing and R&D expertise in the powertrain systems market, enabling it to deliver a comprehensive portfolio…
ADVIK Hi-Tech, a global automotive component manufacturer, has completed the acquisition of Hanon Bangalore Operations Pvt. Ltd. (Hanon Bangalore), from Hanon Systems, South Korea. “This acquisition is a strategic fit as it accelerates ADVIK Hi-Tech’s global manufacturing and R&D expertise in the powertrain systems market, enabling it to deliver a comprehensive portfolio for pumps which…
Wisdom Capital, a Wisdom Group flagship company, has recently taken over a start-up, Imagine Sales – a customer relationship management (CRM) company, and launched Wisdom CRM. “The idea is to provide CRM software, cloud telephony, Artificial Intelligence(AI) enabled chatbots with voice command functionality, encrypted data transfer, Whatsapp messaging services, bulk emailing, social media embedded tools,…