Authentix, the authority in authentication and information services, announced that it has acquired the Traceless Authentication Group from Bibliotheca, a library systems solutions company serving over 30,000 libraries worldwide. MHT Partners acted as financial advisor to Authentix in this transaction. New York-based Traceless is an industry leader in anticounterfeiting and diversion control to global clientele…
Illumina and GRAIL, a healthcare company whose mission is focused on multi-cancer early detection, announced they have entered into a definitive agreement under which Illumina will acquire GRAIL for cash and stock consideration of $8 billion upon closing of the transaction. In addition, GRAIL stockholders will receive future payments representing a tiered single digit percentage…
Hewlett Packard Enterprise, the global edge-to-cloud platform-as-a-service company, announced it has completed the acquisition of Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, for $925 million. Post acquisition, Silver Peak will become a part of Aruba, a Hewlett Packard Enterprise company. The acquisition will strengthen Aruba ESP (Edge Services Platform), helping to advance enterprise…
Brightstar Capital Partners, a private equity firm focused on partnering with founders, entrepreneurs and management teams, announced that it has signed a definitive agreement to acquire a majority stake in Brightstar Corp, in partnership with the Company’s senior management team. Brightstar, a subsidiary of SoftBank Group Corp, is the global leader of end-to-end device lifecycle…
TheHackingSchool.com, India’s First Coding Bootcamp, announced merger with iCollege Ltd, an Australia based education company. TheHackingSchool.com is founded by Meraj Faheem, a Hyderabad based serial entrepreneur. This merger will bring iCollege to India and also take the bootcamp style training to multiple sectors in the majority of the locations worldwide where they operate. TheHackingSchool.com is…
HCL Technologies, a global technology company, announced its intent to acquire DWS Limited, a leading Australian IT, business and management consulting group. As the IT industry continues to evolve and the growing demand for digital strategies increases, DWS, with over 700 employees and offices in Melbourne, Sydney, Adelaide, Brisbane, and Canberra, delivers business and technology…
Banyan Software, a company focused on acquiring, building and growing great enterprise software businesses, announced the acquisition of Trans Plus Software, a company that provides an end-to-end software solution to optimize and automate fleet and logistics management. Headquartered in Guelph, Ontario, Canada, Trans Plus is an innovative technology provider offering both asset and non-asset based…
Ericsson, the world’s leading provider of technology and services to telecom operators, announced it has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. According to the press release, the investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise…
ShareChat, a Bengaluru-based social media company, announced that it has acquired HPF Films, a video production company specialised in digital content. Financial details of the acquisition were not disclosed. ShareChat said the acquisition will help ShareChat’s main app and video app Moj to strengthen their efforts towards building a better content ecosystem, establishing a stronger…
GoDaddy, the company that empowers everyday entrepreneurs, announced it has entered into a definitive agreement to acquire SkyVerge, a leading WooCommerce product developer. Financial details of the transaction were not disclosed. Post acquisition, all SkyVerge employees, including its co-founders and leadership team, will join GoDaddy, the company said. GoDaddy is committed to helping entrepreneurs succeed…
NVIDIA and SoftBank Group Corp (SBG) announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion. The combination brings together NVIDIA’s leading AI computing platform with Arm’s vast ecosystem to create the premier computing company for the age of artificial…
Infosys, a global leader in next-generation digital services and consulting, announced a definitive agreement to acquire GuideVision, one of the largest ServiceNow Elite Partners in Europe. GuideVision is an award winning enterprise service management consultancy specialised in offering strategic advisory, consulting, implementations, training and support on the ServiceNow platform. GuideVision’s end-to-end offerings, including SnowMirror –…
Tata Consultancy Services, a global IT services, consulting and business solutions organization, announced that it has helped Extreme Networks, a leader in cloud-driven networking, to , successfully complete the post-merger integration of Aerohive Networks into its ecosystem, in record time. TCS has been Extreme Networks’ trusted partner in executing its acquisition strategy and has helped…
Nikola Corporation and General Motors Co. announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s programs, including: Nikola Badger, Nikola Tre, Nikola One, Nikola Two and NZT. As part of the agreement, Nikola will utilize General Motors’ Ultium battery system and Hydrotec fuel cell technology, representing a key…
Mylan, a global pharmaceutical company, announced an agreement to acquire the related intellectual property and commercialization rights of Aspen Pharmacare Holdings Limited’s thrombosis business in Europe for EUR 641.9 million, subject to customary closing conditions and European regulatory clearances. The transaction is expected to be immediately accretive to Mylan upon closing and is anticipated to…