Tag: acquisition

HCKK Ventures announces strategic merger of Softlink Global

HCKK Ventures Limited, a multi-faceted software and services provider, has officially announced merger of Softlink Global Private Limited, a global leader in logistics technology solutions with HCKK subject to market regulators approval. This strategic move, with HCKK Ventures acquiring Softlink at an approximate valuation of Rs 430 crore, marks a significant step forward in the…

Mondee acquires AI company Purplegrids

Mondee Holdings, Inc. (Mondee), the high-growth, travel technology company and marketplace with a portfolio of global platforms in the leisure and corporate travel sectors, has announced its acquisition of Purplegrids, a Silicon Valley based, cutting-edge AI company founded in 2017. This acquisition strengthens Mondee’s tech capabilities and showcases its commitment to vertically integrate AI across…

Accenture announces acquisition of Solnet

Accenture has agreed to acquire Solnet, an IT services provider with deep technology consulting experience for New Zealand government and private organizations across multiple industries.  With headquarters in Wellington, New Zealand, Solnet’s team of more than 100 technologists will join Accenture. Solnet’s services and solutions will bolster Accenture’s local cloud and infrastructure engineering offerings, helping clients…

IQAX announces investment in BoxPlus

IQAX Ltd., an innovative developer of technology solutions for shipping and logistics based in Hong Kong, announced an investment into BoxPlus Information Technology Company Ltd., a provider of Internet of Things (IoT) solutions, as part of an effort to support the fast-growing reefer market with IBOX Reefer. IQAX invested in BoxPlus, becoming a shareholder in the Shanghai-based developer…

IMCD India to acquire two business lines from CJ Shah & Company

IMCD N.V. (IMCD), a global leading distribution partner, and formulator of speciality chemicals and ingredients, announced that IMCD India has signed an agreement to acquire two business lines from CJ Shah & Company for Cellulose Acetate Butyrate, Coalescing Agent, Polyolefin Polymers, and other chemicals primarily for Paints, Coatings, Adhesives and Lifesciences applications. With 20 employees,…

Boldyn Networks to acquire Cellnex’s private networks business unit

Boldyn Networks (Boldyn), one of the largest shared network infrastructure providers in the world, has agreed to acquire Cellnex’s private networks business unit. This largely includes EDZCOM, a Finnish pioneer and European market leader that designs, builds, and operates private 4G and 5G networks, predominantly for industrial clients in manufacturing, ports, oil and gas, energy generation,…

Miro acquires Freehand from Invision

Miro, the visual workspace for innovation, announced the acquisition of the visual collaboration platform, Freehand, from Invision. The deal includes the technology and brand assets, customer relationships and talent associated with Freehand. As part of the acquisition, Jeff Chow, former Freehand Chief Product Officer and recently promoted InVision CEO, joins Miro as the company’s new Chief…

FPT acquires product engineering services firm Cardinal Peak

Vietnam’s leading corporation FPT announces its acquisition of the US-based company Cardinal Peak, a strategic move to strengthen its product engineering delivery capabilities in North America. As part of FPT’s global growth strategy, this investment leverages Cardinal Peak’s expertise and 20-year experience of delivering end-to-end product engineering services, including hardware, embedded software, IoT, cloud, and…

Meritech to acquire AZENQOS

Meritech, a leading manufacturer of Mobile Network T&M, Network Optimization, and LPWA (Low Power Wide Area) IoT solutions announced that it has acquired AZENQOS (AZQ), a Thailand-based 5G network testing solution provider. This acquisition will be executed through its group company, Meritech Software Private Limited, India (Meritech) and encompasses AZENQOS’s flagship offering, AZENQOS ANDROID DRIVETEST for wireless networks.…

Accenture acquires Spain-based cybersecurity company Innotec Security

Accenture has acquired Innotec Security, a privately held company specializing in cybersecurity-as-a-service, cyber resilience and cyber risk management, expanding its capabilities and footprint in Spain. Innotec Security was previously owned by parent company Entelgy Group. Financial terms were not disclosed. Founded in 2002 and headquartered in Madrid, Spain, Innotec Security is one of the most prominent cybersecurity service…

Accenture acquires The Shelby Group

Accenture has acquired The Shelby Group, a leading provider of digital procurement and optimization services. The acquisition further enhances Accenture’s capabilities in sourcing and procurement technology transformation, a statement said. Founded in 2002 with headquarters in Schaumburg, Illinois, The Shelby Group is a procurement technology consultancy with deep experience in Coupa and Ivalua solutions. It helps…

ASM Technologies acquires Semcon Engineering UK Limited

ASM has over three decades built expertise in the semiconductor, hi-tech, automotive industries while Semcon works with a large number of clients within several industries, including the automotive/mobility industry, energy and life science sectors. In the UK, Semcon operates within both its business areas Engineering & Digital Services and Product Information, a statement said. With…

Accenture to acquire OnProcess Technology

Accenture has agreed to acquire OnProcess Technology, a provider of supply chain managed services, to help organizations refine processes, improve the way inventory is managed and solve complex service challenges. With this acquisition, Accenture will enhance its supply chain capabilities, specifically in asset recovery and service supply chain management, making it easier for clients to manage service…

Energy Exemplar to be acquired by Blackstone and Vista Equity Partners

Energy Exemplar, a global provider of energy market simulation software, announced it has agreed to be acquired by private equity funds affiliated with Blackstone (Blackstone) and Vista Equity Partners (Vista). With the backing of Blackstone and Vista, Energy Exemplar gains new resources to help accelerate growth and drive platform innovation in support of grid reliability and the…

KKR announces completion of acquisition of Simon & Schuster from Paramount

KKR, a global investment firm, announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global in a $1.62 billion all-cash transaction. With the closing of the deal, Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the U.S. It continues to be led by Jonathan Karp, President and…