Amazon.com Inc said it would acquire podcast startup Wondery. Recently, the Wall Street Journal reported that Amazon was in talks to buy Wondery in a deal worth over $300 million. “We’re pleased to announce that Wondery — an innovative podcast publisher with a track record of creating and producing top-rated podcasts — has signed an…
Unacademy, a learning platform, has announced that it has acquired NeoStencil for an undisclosed sum. With this acquisition, the ed-tech firm ends the year with five acquisition. Gaurav Munjal, co-founder and CEO, Unacademy Group, commented – “We’re always looking for synergies in the form of great companies and teams which are creating an impact by…
Emmes, a global, full-service Clinical Research Organization (CRO) has acquired Neox s.r.o., a European-based CRO. Neox will add over 150 employees who support biotechnology, pharmaceutical, and medical device companies. “This is an important and exciting step for Emmes, demonstrating significant progress on our strategic plans to grow our biopharmaceutical business,” said Dr. Christine Dingivan, Chief…
Further to the disclosure regarding acquisition of equity shares of IMG Reliance Limited (IMG-R) from IMG Singapore Pte. Ltd, please note that the Company has, on December 28, 2020, completed the acquisition of equity shares of IMGR. Accordingly, IMG-R has become a wholly-owned subsidiary of the Company. Consequent to the aforesaid acquisition, the holding of…
Donuts Inc., the global leader in next generation top-level domains (TLDs) and digital identity, announced that it has completed its acquisition of Afilias, Inc., a leading TLD registry operator and provider. Now under one corporate structure, the two companies will continue to operate securely and reliably with no significant changes for either registrars or registry…
CLPS Incorporation announced that through its indirectly wholly owned subsidiary, CLPS Technology (Singapore) Pte. Ltd., it has acquired the remaining 20% ownership stake in Ridik Pte. Ltd., a Singapore-based IT services company in which CLPS initially acquired 80% equity in September 2019. As a result, Ridik is now a wholly owned subsidiary of CLPS, the…
3i Infotech Limited, a global information technology company, announced that it has entered into a definitive agreement to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion. The Software Products business will be acquired by a newly formed company named Azentio Software, wholly owned by…
Vectrus has signed a definitive agreement to acquire Zenetex, a provider of technical and strategic solutions focused on enabling mission readiness, performance, and enhanced protection for defense and national security clients globally. The acquisition adds new capabilities which will accelerate Vectrus’ converged infrastructure strategy and expands the company’s client base with new DoD, intelligence and…
SBI Life Insurance Company said it has acquired nearly 9 per cent stake in non-banking finance company Paisalo Digital for about Rs 186.20 crore through the open market. SBI Life has acquired a total of 38,00,000 equity shares equivalent to 8.99 per cent at Rs 489.99 per share for a cash consideration as an ordinary…
Reliance Industries Ltd (RIL) has agreed to buy out IMG Worldwide LLC from their sports management joint venture for ₹52.08 crore. As per a stock exchange filing, RIL said it will buy IMG Worldwide’s 50 per cent stake in IMG-Reliance Ltd (IMG-R) for no more than ₹52.08 crore in cash. RIL will rebrand the company…
Bloomberg, the global business and financial information and news leader, announced that it has completed its acquisition of Second Measure, a consumer data analytics company that analyzes billions of anonymized purchases to help investors and businesses gain insight into company performance and consumer behavior. Bloomberg acquires Second Measure’s proprietary analytics for daily tracking and real-time…
Sandvik, a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability, has signed an agreement to acquire DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries. The company will be reported in Sandvik Mining and Rock…
Tata Communications, a global digital ecosystem enabler, has acquired a majority equity stake of 58.1% in Oasis Smart SIM Europe SAS (Oasis), a France-headquartered firm that develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. With this investment, eSIM technology will be fully integrated into Tata Communications…
Infogain has acquired San Francisco-based AI firm Absolutdata. The financial details of the deal remain closed. Pursuant to the acquisition, three hundred employees in the US of the AI company will transfer to the software engineering services provider. CEO Sunil Bhatia of Infogain commented – “Infogain’s acquisition of Absolutdata completes our three-pronged acquisitions strategy to…
Firstsource Solutions Limited, a global provider of Business Process Management (BPM) services and a RP-Sanjiv Goenka Group company, announced that the firm has acquired PatientMatters, a healthcare Revenue Cycle Management (RCM) solutions provider. PatientMatters unifies disparate registration, bill estimation, and financial services with intelligent workflows and eligibility services, improving revenue realization for Hospitals. The company…