Blue Yonder, a leading supply chain solutions provider, announced the signing of an agreement to acquire Doddle, a leading first and last mile technology business that was co-founded by Tim Robinson and Sir Lloyd Dorfman. Once completed, the deal will allow Blue Yonder’s already robust suite of supply chain management and commerce offerings to expand with…
Blockchain-based Data Exchange Platform, VeriSmart has announced the acquisition of Delhi-based Conversational AI platform, DolphinChat (Formerly CivilCops). VeriSmart will be investing Four million US Dollars in the DolphinChat platform over the next 24 months. DolphinChat’s core team will be joining VeriSmart. “DolphinChat platform will get access to millions of consumers that are part of VeriSmart’s industry consortiums.…
Titagarh Wagons Limited (TWL) announced that the Government of Italy, through its investment arm – Invitalia has taken a strategic stake in Titagarh Firema Spa (TFA), the subsidiary of Titagarh Wagons Limited. Titagarh Firema was acquired by Titagarh group in 2015. Government of Italy will subsequently own 30.30% stake in Titagarh Firema, for an investment…
Cosmos-Maya, Asia’s animation studio synonymous with IPs like Motu Patlu, Selfie with Bajrangi, Titoo, Dabangg and several marquee Indian and International shows, has announced that NewQuest Capital Partners has acquired a majority interest in the company from Emerald Media, an investment platform backed by KKR. Terms of the transaction were not disclosed. “Cosmos-Maya has been…
Spotify, an audio streaming platform, has announced the acquisition of the startup Podz to accelerate podcast discovery. The company said, “We plan to integrate Podz’ technology into the Spotify experience, and listeners should start seeing elements of that work before the end of the year.” “Powered by state-of-the-art machine learning technology, Podz generates high-quality clips…
Piper Sandler & Co. chemicals & materials investment banking group (The Valence Group) has advised EverArc Holdings on its announced acquisition of 100% of Perimeter Solutions from SK Capital. EverArc Holdings Limited has entered into a definitive agreement with SK Invictus Holdings S.à.r.l. an affiliate of funds advised by SK Capital Partners, to acquire 100%…
Funds advised by Apax and ChrysCapital have announced that they have reached an agreement for the Apax Funds to acquire Infogain, a Silicon Valley-based firm. The transaction is subject to customary closing conditions and is expected to close in Q3 2021. Terms of the transaction were not disclosed. Founded in 1990 and headquartered in Los…
Adani Green Energy Limited (AGEL), has signed share purchase agreements for the acquisition of 100% interest in SB Energy India from SBG (80%) and Bharti Group (20%). SB Energy India has a total renewable portfolio of 4,954 MW spread across four states in India. According to a statement, the transaction marks the largest acquisition in…
IBM has announced plans to acquire Waeg, a Salesforce Consulting Partner in Europe, to extend IBM’s portfolio of Salesforce services and advance IBM’s hybrid cloud and AI strategy. “Salesforce continues to play a critical role in companies’ digital transformations as they adapt to the conditions created by the pandemic. Trust is the new currency of…
Walmart has announced its plans to acquire Zeekit, a virtual fitting room platform. Zeekit, a female-founded, is Israeli-based company that combines fashion and technology through its dynamic virtual fitting room platform. The company said in statement, “Zeekit will help us deliver an inclusive, immersive and personalized experience for our diverse customer base.” “Through Zeekit’s technology,…
Nuclera, a biotech company developing enzymatic protein and gene synthesis technologies, and E Ink, the innovator of electronic ink technology, have announced the acquisition of E Ink’s digital microfluidics unit into the newly formed US subsidiary of Nuclera. The company said in a statement, “Combining the technologies of the two companies will enable the delivery…
Elliott Investment Management L.P. has announced that it has entered into a definitive agreement to acquire the assets and business operations of Paper Source Inc. James Daunt, CEO of Barnes & Noble, will have oversight responsibilities for both companies. James Daunt, CEO of Barnes & Noble said, “I look forward to working closely with everyone…
Hyva, a loading and unloading hydraulic solutions provider, has recently completed buying 75% equity of Usimeca, a Waste Handling Solutions provider in Latin America, with its headquarters in Brazil. Alex Tan, CEO of Hyva, commented, “Usimeca, with the strongest footprint in Waste Handling Solutions across Latin America, is appreciated for its quality products and the application…
Crown Bioscience, a JSR Life Sciences company and a provider of preclinical services that help biopharmaceutical companies accelerate new drug development programs, has acquired OcellO B.V., a privately owned contract research organization located in the Netherlands. “CrownBio and OcellO believe that the key to improving clinical research success is to utilize more patient-relevant models and…
Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, has announced its acquisition of Frigorificos de Navarra, an operator of refrigerated warehousing and storage facilities headquartered in Milagro, Spain, and a cold storage warehouse facility from Frioastur located in Gijón, Spain. Financial terms of the transactions were not disclosed. Frinavarra is an operator…