Tag: Acqusition

Nxchange acquires blockchain-based private market, Bondex

Nxchange has announced the official acquisition of Bondex, the blockchain-based platform that companies can license in order to digitize their shareholder register or tokenize their shares or bonds issuance. Bondex has been fully acquired by Nxchange, but will continue to operate as an independent entity. Founder Jos van Alphen will become part of the board…

MessageBird Acquires US-based SparkPost for $600m, Extends Series C and Raises $1B

MessageBird, a global omnichannel communication platform, has announced that it has entered into definitive documentation to acquire US-based SparkPost, a predictive email intelligence platform. The deal values SparkPost at US$600 million, and the transaction is expected to close in Q2 following receipt of customary regulatory approvals and satisfaction of customary closing conditions. The acquisition represents…

Bentley Acceleration Initiatives Acquires Indian Project Controls Specialist Nadhi Information Technologies

Bentley Acceleration Initiatives has announced the acquisition of Chennai, India-based Nadhi Information Technologies Pvt. Ltd., a specialist in project controls, analytics, and decision support for construction supply chains. Nadhi serves construction sector participants, including contractors Larsen & Toubro and Kalpataru Power Transmission Ltd., real estate developers Mahindra Lifespaces and RMZ, and owner-operators DMRC (Delhi Metro)…

Motherson Group completes acquisition of majority stake in Plast Met Group

Motherson Group has completed the acquisition of majority stake in Turkey-based Plast Met Group. “With the successful closure of this acquisition, Motherson Group now has access to the significant Turkish automotive market,” a statement made by the group said. Speaking on the development, ChairmanĀ of Motherson Group – Vivek Chaand SehgalĀ stated, “Our footprint in the strategically…

eYantra acquires digital marketing agency Digital Ozone

eYantra has acquired digital marketing agency – Digital Ozone to augment its digitalĀ marketing capabilities. Speaking on the development, Raj N, founder of eYantra, stated, ā€œFrom our experience of working on corporate branding for large corporates (B2B), we realised that there is a lot of gap between their digital marketing needs versus what is offered by…

Songtradr Acquires Music Licensing Platform For Live Streamers, Pretzel

Songtradr, a B2B music licensing marketplace, has announced that they have acquired Pretzel, a platform that provides stream-safe music for livestreamers. Pretzel marks Songtradr’s third acquisition of 2021, further enhancing the company’s tech-enabled solutions. “Music and gaming has always gone hand in hand and gamers are some of the most engaged and valuable music fans.…

Virgin Australia plans to acquire new aircraft and add more frontline jobs

Virgin Australia Group has announced plans to acquire new aircraft, create more frontline jobs and grow its network to further support domestic tourism. “The recovery efforts include the reintroduction of 10 additional Boeing 737-800 aircraft and the planned return of more than 80 per cent of the airlineā€™s pre-pandemic domestic capacity by mid-June. Network operational…

LeanIX Acquires US SaaS Management Provider Cleanshelf

LeanIX, a platform that enables Corporate IT and Product IT teams to plan and manage their Continuous Transformation journeys, has announced the acquisition of Cleanshelf Inc. Headquartered inĀ San Francisco, Cleanshelf is an enterprise software-as-a-service (SaaS) management solution with more than 3,000 integrations and it currently managesĀ $700 millionĀ in SaaS spend for its customers. “Cleanshelf SaaS management…

Travel portal Ixigo buys Bengaluru-based Confirmtkt

Ixigo has acquired train booking firm Comfirmtkt for an undisclosed amount in a cash-plus-stock deal.  As part of the deal, Ixigo founders Aloke Bajpai and Rajnish Kumar will be joining the board of Confirmtkt and existing investors including Venture Catalysts will exit the company.  Both companies will continue to run independently, Ixigo said in a…

Cognizant Completes Acquisition of Magenic Technologies

Cognizant has completed the previously announced acquisition of Magenic Technologies, a privately-held custom software development services company headquartered in Minneapolis, Minnesota. The acquisition expands Cognizantā€™s software product engineering footprint, adding 475 employees in the U.S. across seven locations, and more than 350 employees in Manila, Philippines. Working across a range of industries, Magenic provides software…

Deloitte Consulting completes acquisition of HashedIn Technologies

Deloitte Consulting has completed its acquisition of HashedIn Technologies Private Limited, a cloud native software engineering and product development firm. Deloitte entities have made 14 acquisitions of cloud-technology firms or their businesses since 2017, including software-modernization company innoWake, cloud-management platform startup ATADATA, and technology consultancy Keytree. Today, Deloitte has over 50,000 professionals worldwide supporting organizations throughout their cloud journeys. “Deloitte…

Fractal strengthens acquires enterprise AI provider Zerogons

Fractal, a provider of artificial intelligence and advanced analytics solutions has announced the acquisition of Zerogons, for an undisclosed amount. This acquisition will help strengthen Fractal’s Cloud AI business and accelerate the ‘data to decisions’ journey for its Fortune 500Ā® clients. Pranay Agrawal, Co-founder and Chief Executive Officer, Fractal, said, “Sandeep and Divya have built…

Integral Ad Science acquires Amino Payments

Integral Ad Science (IAS) has announced that it has acquired Amino Payments, a provider of programmatic advertising transparency. “Programmatic advertising continues to grow at a tremendous pace, and with this acquisition we’re bringing comprehensive transparency to the entire industry,” saidĀ Lisa Utzschneider, CEO, IAS. “By welcoming Amino Payments to IAS, we will unleash the full potential…

FutureTech acquires big data firm Ellicium Solutions

FutureTech has completed the acquisition of big data and data science company Ellicium Solutions. Founded in 2005 and headquartered in Atlanta GA, FutureTech Holding Company is a provider of Information Technology (IT) and IT Enabled Services with its strategic holdings in the healthcare, financial and technology sectors. Kuldeep Deshpande, CEO of Ellicium, said – ā€œIt…