Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, announced that it acquired Knowledge Lens. Based in Bengaluru, India, Knowledge Lens is a services and solutions provider that delivers actionable business insights from enterprise data, combining digital technologies with deep data science, artificial intelligence (AI), and engineering expertise. Knowledge Lens…
Alvaria, Inc., has announced the completion of the integration of Aspect and Noble Systems, creating a major unified force for innovation and growth in the customer experience and workforce engagement management industry, according to a statement. The statement further informed, “Since the announced combination in May 2021, the company has seamlessly transitioned, without interruption, to…
Wipro Limited, a global information technology, consulting and business process services company, has announced the launch of Wipro FullStride Cloud Services and its commitment to invest $1 billion in cloud technologies, capabilities, acquisitions and partnerships over the next three years. According to a statement, “As the cloud opportunity accelerates, Wipro FullStride Cloud Servicesbrings together the full portfolio of Wipro’s…
Backed by General Atlantic, Sequoia Capital, the Chan-Zuckerberg Initiative, Naspers, Silver Lake, Tiger Global and other notable investors, BYJU’S, a personalized online learning platform with 100 million students, has announced a $500M acquisition of Epic, a digital reading platform for kids 12 and under. The acquisition will help expand BYJU’S U.S. footprint by providing access…
Halo Technology Group, an independent manufacturer of fiber optic transceivers and high-speed cabling, has announced that it has completed two acquisitions to broaden its product portfolio and strengthen its global presence. Halo acquired ARIA Technologies, a designer, manufacturer, and provider of fiber optical connectivity solutions headquartered in the San Francisco Bay Area. Halo also acquired…
Virtuoso Infotech Pvt. Ltd., an enterprise software solutions company, founded by Ms. Preeti Nahar and Mr. Yogesh Satpute, based out of Pune, India, has announced the news of its first investment fundraise. India’s private sector bank HDFC and its subsidiary HDFC Securities Limited has acquired a 7.4% stake in Virtuoso Infotech. Virtuoso Infotech specializes in…
NetApp, a global, cloud-led, data-centric software company, has announced that it has acquired Data Mechanics, a managed platform provider for big data processing and cloud analytics with offices in Paris, France, that helps businesses capitalize on Apache Spark, an open-source unified analytics engine for large-scale data processing and machine learning, in Kubernetes. Financial details of…
Wellness platform Cult.fit has announced that it has acquired Bengaluru-based Tread, a fitness equipment start-up. The financial details of the deal were not disclosed. The company said in a statement, “Following Cult.fit’s launch of digital at-home fitness last year, the platform has seen a massive uptick in live workout classes on its app. In a…
CSC, a provider of business, legal, tax, and digital brand services, has announced that it has acquired PEF Services LLC (PEF), a provider of technology-enabled fund administration services to private capital firms and their investors, including private equity, private debt, venture capital, and U.S.-based small business investment companies (SBICs). “This strategic acquisition greatly accelerates CSC’s…
Prosus N.V., a global consumer internet group, has announced that it has entered into a definitive agreement to acquire Stack Overflow, a knowledge-sharing platform for the global community of developers and technologists, for approximately US$1.8 billion. Stack Overflow has built a global company and engaged developer and technologist community over the last 13 years, now…
Songtradr, a B2B music licensing marketplace, has announced that it has acquired MassiveMusic, a global creative music agency. The company said in a statement, “The acquisition of MassiveMusic comes at a pivotal time in the industry where a rise in technologies and channels of content means the number of places where a brand’s sound is…
QYOU Media Inc. has announced that it has entered into a definitive share purchase agreement to acquire 100% of the issued and outstanding shares of Chatterbox Technologies Private Limited (Chtrbox), an influencer marketing company based in India. Curt Marvis, CEO and Co-Founder of QYOU Media Inc. commented, “This is an incredibly exciting day for our…
Phoenix Group, a group of companies with expertise in software, robotics & automation Products/solutions, has announced the acquisition of Bit Mapper Integration Technologies (BMIT) Pune, Maharashtra. With this acquisition, Phoenix Group intends to expand its strength in Engineering, robotics & IIoT while blending in BMIT’s expertise in high-end FPGA & embedded designing. Mr. Amit Mahajan,…
Mindtree, a digital transformation and technology services company, has announced that it has signed an agreement to acquire the NxT Digital Business, the cloud based IoT and AI platform for Industry 4.0 of L&T Group. The NxT Digital Business, was founded as a startup with digital capabilities within L&T. NxT Digital Business leverages the Group’s…
The Estée Lauder Companies Inc. has announced that it has completed the first phase of increasing its ownership in DECIEM Beauty Group Inc., the Canadian-based, vertically integrated, multi-brand company. The Estée Lauder Companies now owns approximately 76% of DECIEM (up from 29%), and has agreed to purchase the remaining interests after a three-year period at…