Pidilite Industries announced it has entered a definitive agreement with Huntsman Group (USA) for acquiring 100% stake in one of their subsidiaries in India namely, Huntsman Advanced Materials Solutions Private Limited (HAMSPL) for Rs 2100 crores. HAMSPL manufactures and sells Adhesives, Sealants and other products under well-known brands such as Araldite, Araldite Karpenter and Araseal…
Wipro, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services. Over the past decade, Encore Theme – headquartered in Chennai, India – has focused exclusively on…
Sandvik, a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability, announced that it has signed an agreement to acquire US based CGTech, a global market leader in software for numerical control simulation, verification and optimization. The company will be reported in Sandvik Coromant, a division within Sandvik…
ALTBalaji, a homegrown OTT platform wholly-owned by Balaji Telefilms Limited, announced that it has acquired 17.5% stake in Tring, an online celebrity digital engagement platform. “Tring is the market leader in the celebrity video shoutout space, and this investment values Tring at about INR 100 crores in a short period since its launch in February…
Utopia Global, a global SAP partner, and leading software and services company for end-to-end data quality, data migration, and data governance solutions announced the completion of its acquisition by Genstar-backed Prometheus Group, a leading global provider of asset management operations and optimization software. Co-founded in 2003 by Arvind J. Singh (CEO) and Narinder J. Singh…
Honeywell, a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally, has announced it has acquired assets from privately held Ballard Unmanned Systems, a wholly owned subsidiary of Southborough, Mass.-based Ballard Power Systems Inc. Ballard Unmanned Systems designs and produces…
Celonis, the global leader in Execution Management Systems (EMS), announced the acquisition of Integromat, an industry leading online automation platform. “This acquisition deepens the automation capabilities of the Celonis Execution Management System and strengthens Celonis’ ability to unlock execution capacity trapped by customers’ rigid and complex systems by intelligently automating actions across hundreds of systems…
Wipro Limited, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire Eximius Design, a leading engineering services company with strong expertise in semiconductor, software and systems design. Eximius provides end-to-end solutions and services for building smarter, smaller and faster connected products for various use…
Mahindra Holidays & Resorts India Limited (MHRIL), India’s leading vacation ownership company, and part of the US$ 19.4 billion Mahindra Group, announced acquisition of a strategic minority stake (6.67% stake) in Great Rocksport Private Limited, (Rocksport) Asia’s largest adventure program that introduces participants to the exciting world of soft adventure activities and outdoor experiences. Commenting…
Infosys, a global leader in next generation digital services and consulting, announced a definitive agreement to acquire Blue Acorn iCi, Adobe Platinum partner in the US, and a leader in digital customer experience, commerce and analytics. The move further strengthens Infosys’ end-to-end customer experience offerings and demonstrates its continued commitment to help clients navigate their…
Veeam Software, the leader in Backup solutions that deliver Cloud Data Management, announced it has acquired Kasten, the market leader for Kubernetes Backup and Disaster Recovery, in a cash and stock transaction valued at $150M. According to 451 Research, part of S&P Global Market Intelligence, nearly three-quarters of organizations are currently using or planning to…
Via, the provider of digital infrastructure for public mobility systems, announced that it has acquired Fleetonomy, a leading developer of advanced fleet management software. The acquisition accelerates Via’s expansion beyond public transit and strengthens its ability to meet increasing global demand for efficient, flexible solutions for logistics and delivery. Following its Series E financing led…
Adani Green Energy Limited (AGEL), announced that it has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited (EGEPL) and Essel Infraprojects Limited (EIL). The assets are located in Punjab, Karnataka and Uttar Pradesh. All the assets have long term Power Purchase Agreements (PPAs) with various state electricity distribution…
Argand Partners, the New York- and San Francisco Bay Area-based private equity firm, announced that it has completed the acquisition of Cherry. Argand acquires market-leading specialty manufacturing and business services companies with sustainable competitive advantages and strong growth potential, the Company said in a press statement. Cherry is the world’s leading global designer and manufacturer…
Gamma Biosciences, a life sciences tools platform created by KKR, announced that it has acquired Nanopareil, a US-based company developing next-generation nanofiber membrane products for chromatographic separation in bioproduction. Nanopareil’s membrane technology employs a novel, durable nanofiber structure that offers significant performance advantages compared with conventional chromatography resins as well as similar, non-resin-based separation technologies.…