Cyient, a global engineering and digital technology solutions company, announced that it has agreed to acquire specialist Australian consulting firm, IG Partners, to expand its end-to-end offerings for the local and regional resources sector. The acquisition will enable customers to take advantage of the growing convergence of operational and information technologies by leveraging the synergies…
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group for Rs 24,713 crore, subject to adjustments as set-out in the composite scheme of arrangement. The above acquisition is being done as part of…
Sovos Brands, a food company backed by global private equity firm Advent International, announced that it has signed an agreement to acquire the business of Birch Benders, a fast-growing producer of delicious, better-for-you Pancake and Waffle Mixes, Toaster Waffles, and Pancake and Baking Cups. The transaction is expected to be completed by the end of…
WorldRemit, the global cross-border payments company, announced it has agreed to acquire Sendwave, a rapidly growing app-based remittance company in a cash and stock transaction that is expected to close, subject to licensing and regulatory approvals, in Q4 2020. Founded in 2014, Sendwave has built a leading and rapidly growing digital remittance service to East…
Cisco announced its intent to acquire privately held BabbleLabs to help users control unwanted noise in meetings. BabbleLabs uses advanced AI (Artificial Intelligence) techniques to distinguish human speech from unwanted noise, enhancing the quality of communications and conferencing applications. According to a Cisco global survey focused on the future of work, 98 percent of workers…
Palo Alto Networks, the global cybersecurity leader, announced that it has entered into a definitive agreement to acquire The Crypsis Group, a leading incident response, risk management and digital forensics consulting firm. Under the terms of the agreement, Palo Alto Networks will acquire The Crypsis Group for a total purchase price of $265 million, subject…
Johnson & Johnson announced it has entered into a definitive agreement to acquire Momenta Pharmaceuticals, a company that discovers and develops novel therapies for immune-mediated diseases, in an all cash transaction for approximately $6.5 billion. This acquisition provides an opportunity for the Janssen Pharmaceutical Companies of Johnson & Johnson to broaden its leadership in immune-mediated…
Milliman, one of the world’s largest independent actuarial and consulting firms, announced the acquisition of Torch Insight from Leavitt Partners. This acquisition will combine Torch Insight’s powerful market-centered data and analytics with MedInsight, Milliman’s flagship healthcare analytics ecosystem. Torch Insight brings Milliman decades of healthcare policy expertise and healthcare analytic experience backed by Leavitt Partners…
Scribd, the unlimited reading subscription service that offers access to ebooks, audiobooks, magazines and documents, announced that it has acquired presentation-sharing platform SlideShare. “We’re proud to welcome SlideShare to the Scribd family. Our mission is to change the way the world reads, and we’re accomplishing this by providing readers with unparalleled access to the world’s…
EsseN Videri Media, engaged in lead generation and performance marketing within the iGaming industry, announced that it has acquired the affiliate website Guide2Gambling.in (G2G). The transaction includes all social media accounts, domains and affiliate accounts. G2G operates in the Indian market and is a highly visited casino portal for rankings and reviews of online casinos,…
Affle, a global technology company with a proprietary consumer intelligence platform that delivers consumer engagements, acquisitions and transactions through relevant Mobile Advertising, announced the signing of definitive agreements to acquire 8.0% ownership in Talent Unlimited Online Services Private Limited (Bobble AI), India. As part of the deal, Affle has secured exclusive global ad monetization rights…
IXL Learning, the K-12 personalized learning platform used by 10 million students worldwide, announced it has agreed to acquire 3P Learning, a global leader in online education based in North Sydney, Australia. With the addition of 3P Learning, IXL aims to broaden its product portfolio and international footprint in the educational technology space, IXL said…
Medtronic, the global leader in medical technology, announced the acquisition of privately-held Companion Medical, manufacturer of InPen — the only U.S. FDA-cleared smart insulin pen system paired with an integrated diabetes management app on the market. The addition of Companion Medical’s InPen to the Medtronic portfolio expands the company’s ability to serve people where they…
Equinix, the global interconnection and data center company, announced its expansion into India through the acquisition of the India operations of GPX Global Systems. The all-cash transaction value of $161 million represents a multiple of approximately 15x the projected EBITDA at full utilization. The acquisition will extend Platform Equinix to India with the addition of…
Blackstone, one of the world’s leading investment firms, announced that it has reached a definitive agreement to acquire Ancestry from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion. Current Ancestry investor GIC will continue to retain a significant minority stake in the company. This transaction…