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 –…
Tekscan, the Virginia-based manufacturer of flexible, ultra-thin sensors and systems, announced it has been acquired by Artemis Capital Partners, a Boston-based private equity firm focused exclusively on partnering with differentiated industrial technology companies. Founded in 1987, Tekscan has been at the forefront in the research and development of ultra-thin force and pressure sensing technology to…
Nortal, a multinational strategic change and technology company, announced the acquisition of Schütze, a recognized strategic consulting and IT solutions company in Germany. “Schütze and Nortal join through similar DNA and values – both in how we conduct business as well as our organizational culture. We share a common belief in creating a meaningful impact…
3Cloud, a leading Microsoft Azure services firm, announced that it has acquired the consulting arm of Pragmatic Works, an award-winning services firm focused on Microsoft’s cloud and data platforms. “With the acquisition of Pragmatic Works Consulting, 3Cloud has taken another big step towards achieving our goal of becoming the number one Azure pure-play services provider,”…
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…
Grifols, a global producer of plasma-derived medicines and a leader in the development of innovative diagnostic solutions, announced it has entered into a transaction to acquire the remaining equity of Alkahest, Inc. in exchange for a total price of $146 million, on a debt-free basis. The closing of the transaction is subject to the approval…
Orkla, a leading supplier of branded consumer goods and concept solutions to the grocery sector, specialist retailers, out-of-home sectors and the bakery market, announced it has entered into an agreement to acquire 67.8 percent of the shares in Eastern Condiments Private Limited (Eastern). Orkla already holds a strong position in the Indian branded food market…
Infosys, a global leader in next-generation digital services and consulting, announced a definitive agreement to acquire Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. This acquisition demonstrates Infosys’ commitment to innovate for its clients, and make a meaningful…
Cognizant announced it has entered into an agreement to acquire Chicago-based 10th Magnitude, a leading cloud specialist focused exclusively on the Microsoft Azure cloud computing platform. The acquisition will expand the Microsoft Azure expertise within Cognizant’s new Microsoft Business Group, adding development and managed services hubs in major cities throughout the U.S. 10th Magnitude will…
Gautam Adani, Chairman, Adani Group, announced the addition of the Mumbai International Airport and the Navi Mumbai International Airport to its existing portfolio of 6 airports. “The Mumbai International Airport is absolutely world-class and I compliment the GVK Group for having built such an outstanding airport,” Gautam said.. “The addition of the Mumbai International Airport…
Niyogin, operates as a non-banking finance company in India, announced that it has acquired 51% strategic and controlling stake in iServeU for $ 8 million in a cash plus stock deal. Niyogin has been scaling its unique platform through a network of financial professionals and with products such as wealth, credit, and other SaaS-based products…