GreenVision Acquisition Corp., a special purpose acquisition company, has announced that it has entered into a definitive agreement for a business combination with Helbiz, Inc., a technology company that offers micro-mobility solutions. The transaction will introduce Helbiz as a Nasdaq-listed public company. Upon closing of the transaction, which is expected to occur in the second…
Tag: acquisition
Moody’s enters agreement to acquire Cortera
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•Moody’s Corporation announced that it has entered into a definitive agreement to acquire Cortera, a leading provider of North American credit data and workflow solutions. The acquisition enhances Moody’s integrated risk assessment capabilities and significantly extends coverage in the small and medium enterprise (SME) segment, the statement said. “Cortera plays an important role in helping…
GoDaddy completes acquisition of Poynt
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•GoDaddy Inc., the company that empowers everyday entrepreneurs, announced it has completed its acquisition of Poynt. The combination expands GoDaddy’s commerce services to help small businesses grow – both online and offline – using one platform. “GoDaddy exists to empower everyday entrepreneurs and we’re committed to helping their ventures succeed by delivering seamlessly intuitive commerce…
Xerox announces acquisition of CareAR
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•Xerox Holdings Corporation has announced the acquisition of CareAR, an augmented reality support platform company that provides real-time access to expertise for customers, employees, and field workers. With CareAR software, remote agents and experts can virtually see the situation and visually guide a solution using a suite of augmented reality tools via desktop, mobile, and…
Kalpataru Power Transmission’s subsidiary acquires 51% stake in Brazil’s Fasttel Engenharia
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•Kalpataru Power Transmission Ltd (KPTL) said its wholly owned subsidiary in Brazil has signed a definitive agreement to acquire 51 per cent stake in Fasttel Engenharia Ltd in the South American country, for USD 8.80 million (over Rs 64 crore). According to regulatory filing, “Kalpataru Power do Brasil Participacoes Ltda has signed a definitive agreement…
MAHLE successfully completes acquisition of Keihin Corporation
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•MAHLE, a leading international development partner and supplier to the automotive industry, announced that it has successfully completed the acquisition of Keihin Corporation. “With effect from February 1, 2021, MAHLE has taken over the air conditioning business in Japan, Thailand, and the USA from the former Keihin Corporation (now Hitachi Astemo, Ltd.). The antitrust authorities…
Diabsolut Acquires Foundry52, a Consulting Firm
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•Since 2003, Diabsolut, an expert in Field Service Management and Salesforce gold consulting partner, has offered innovative cloud solutions to address the business needs of organizations across a wide range of industries throughout North America. Foundry52 offers the expertise to transform revenue processes with Salesforce CRM, CPQ, Billing, Service and FinancialForce ERP. “Mark and Cheryl have…
Accenture acquires Businet System
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•Accenture has acquired Businet System, a leader in developing and operating Salesforce Commerce Cloud-based ecommerce sites in Japan, with a proprietary order management system (OMS) for the apparel and retail industries. Financial terms of the transaction were not disclosed. Businet System’s 40 employees will join Accenture Interactive in Japan, the statement said. Commenting on the…
Akamai Technologies announces acquisition of Inverse Inc.
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•Akamai Technologies, Inc., the intelligent edge platform for securing and delivering digital experiences, announced it has agreed to acquire Montreal-based Inverse. The acquisition is intended to enhance Akamai’s enterprise security capabilities and expand its portfolio of zero trust and secure access service edge solutions for IoT, the statement said. Inverse provides a robust data repository…
Happiest Minds acquires US-based Pimcore Global Services for $8.25 mn
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•Happiest Minds, a ‘Born Digital . Born Agile’, digital transformation and IT solutions company, will acquire US-based Pimcore Global Services for $8.25 million. Based in Houston, Pimcore Global Services is a digital e-commerce and data management solutions company. “Happiest Minds Technologies Ltd has concluded and signed definitive agreements to acquire 100 per cent ownership interest…
Halo Technology Group acquires Skylane Optics
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•Halo Technology Group, the world’s largest manufacturer of compatible fiber optic transceivers and high-speed cables, announced that it has acquired the Skylane Optics (Skylane). With offices in Europe, Brazil and the United States, Skylane’s optical network products offer data, video and voice networks to companies, service providers, data centers and telecommunications providers worldwide. “We are…
SAP acquires Business Process Intelligence Company Signavio
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•SAP SE and Signavio GmbH announced that SAP has entered into an agreement to acquire Signavio, a leader in the enterprise business process intelligence and process management space. Financial details of the deal remain undisclosed. Combining Signavio with the Business Process Intelligence unit of SAP will strengthen SAP’s capacity to help companies quickly understand, improve,…
Twitter acquires Dutch newsletter startup Revue
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•Twitter acquired newsletter startup Revue in a bid to build additional revenue streams through subscription products. Financial terms of the deal weren’t disclosed. Twitter said the service would bring subscription revenue to writers on the platform through paid newsletters. “Revue will accelerate our work to help people stay informed about their interests while giving all…
Iyuno Media group acquires SDI Media
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•Iyuno Media Group, a market leader in location services for the media and entertainment industry, announced that it has entered into an agreement with Imagica Group Inc. to acquire 100% of SDI Media. Terms of the transaction were not disclosed. This transaction, which is subject to the review and approval of relevant authorities, brings together…
Adani Total, Torrent Gas acquire 5% stake in Indian Gas Exchange
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•Adani Total Gas and Torrent Gas have acquired 5 per cent stake each in the Indian Gas Exchange (IGX). According to officials, both the companies have spent Rs 3.69 crore each for the 5 per cent stake. IGX is a wholly-owned subsidiary of the Indian Energy Exchange (IEX). It is the first gas exchange in…