Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has entered into a definitive agreement to acquire Delphi Technology Inc, a leading vendor of software solutions for property & casualty (P&C) carriers, with a focus on the medical professional liability markets. U.S.-based Delphi, founded in 1989 and headquartered…
Tag: investment & acquisition
Circa acquires America’s Job Exchange
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•Circa announced the purchase of Andover, MA-based America’s Job Exchange (AJE). America’s Job Exchange is a leading provider of diversity recruitment and OFCCP compliance technology solutions in the U.S and as of the close of the sale becomes part of Circa. “The acquisition of America’s Job Exchange is an important strategic step for Circa,” said…
ChannelAdvisor announces acquisition of BlueBoard
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•ChannelAdvisor Corporation, a provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, announced that it has acquired BlueBoard, a leading e-commerce analytics company. Financial terms of the transaction were not disclosed. Headquartered in Paris, France, BlueBoard helps leading global brands such as L’Oreal, Clarins, and Logitech gain a competitive advantage…
Autodesk acquires AI-powered construction software provider Pype
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•Autodesk, Inc announced it has signed a definitive agreement to acquire Pype, a provider of cloud-based solutions for automating construction project management workflows. The acquisition will empower general contractors, subcontractors and owners to gain even more value from Autodesk Construction Cloud by automating critical construction workflows such as submittals and closeouts to increase productivity and…
Wipro announces acquisition of 4C, a Salesforce multi-cloud partner in Europe and Middle East
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•Wipro Limited, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire 4C, one of the largest Salesforce partners in the UK, Europe and the Middle East. Established in 1997 with its headquarters in Mechelen, Belgium, 4C is an independent Salesforce Platinum Partner and one…
Amynta Group announces acquisition of Pivotal Solutions
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•Amynta Group, a premier insurance services provider of property & casualty and warranty protection products and services, announced that it has acquired Pivotal Solutions Inc. Founded in 1999, Pivotal Solutions is a strategic partner to automotive dealer groups, providing F&I solutions, training and development to drive customer engagement and deliver superior F&I performance for its…
Adevinta to acquire eBay Classifieds Group
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•eBay Inc. and Adevinta ASA announced that they entered into a definitive agreement for eBay to transfer its Classifieds business to Adevinta for a total consideration valued at approximately $9.2 billion, based on the closing trading price of Adevinta shares on the Oslo Stock Exchange on July 17, 2020. As part of the transaction, eBay…
Amynta Group acquires the surety operations of Aspen Insurance
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•Amynta Group, a leading insurance services provider of property & casualty and warranty protection products and services, announced that it has acquired the surety operations of Aspen Insurance, the Insurance Segment of Aspen Insurance Holdings Limited. The business will now operate as Amynta Surety Solutions. As part of the transaction, Amynta has entered into a…
Siemens acquires Avatar to expand its EDA footprint
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•Siemens, a multinational engineering and electronics company involved in the fields of industry, energy, transportation and healthcare, announced that it has signed an agreement to acquire Santa Clara, CA-based Avatar Integrated Systems Inc., a leading developer of place and route software for integrated circuit (IC) design. Avatar helps engineers optimize power, performance, and area (PPA)…
RP-Sanjiv Goenka Group acquires majority stake in Editorji
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•The RP-Sanjiv Goenka Group announced that it has acquired a majority stake in video-based news app Editorji, a move that marks its foray into the digital news media space. Financial details of the transaction remain undisclosed. RP-Sanjiv Goenka (RPSG) Group has acquired 51% stake through a combination of primary and secondary transaction in Editorji Technologies,…
Google invests ₹33,737 cr in Jio Platforms for 7.73% stake
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•Reliance Industries Limited, Jio Platforms Limited and Google LLC announced the signing of binding agreements for an investment of ₹ 33,737 crore by Google into Jio Platforms. This investment by Google values Jio Platforms at an equity value of ₹ 4.36 lakh crore. Google’s investment will translate into a 7.73% equity stake in Jio Platforms…
Terumo acquires Quirem Medical to boost expansion
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•Terumo Corporation announced that it has completed the acquisition of Quirem Medical B.V., a Netherlands-based healthcare startup specializing in the development of next-generation microspheres for Selective Internal Radiation Therapy (SIRT), a treatment for liver tumors. According to the Company’s press statement, Terumo will make a one-time, up-front payment of USD 20 million with up to…
RSG Group wins bid to acquire Gold’s Gym
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•RSG Group, Europe’s innovation leader in the fitness and lifestyle sectors, announced that it was selected as the winning bidder in a court- approved auction process held on July 13, 2020, and is set to acquire the most well-known and iconic gym chain in the world, Gold’s Gym. With this acquisition the RSG Group, which…
Voyager Space Holdings acquires Pioneer Astronautics
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•Voyager Space Holdings, the world’s first space-focused holding company, announced the acquisition of Pioneer Astronautics in a cash and stock transaction. Pioneer Astronautics is a hands-on research and development company dedicated to inventing and proving new technologies to advance humanity’s reach into space and improve life on Earth. “Today’s news marks the second acquisition for…
Pet & Food Safety IoT startup Nimble acquires Waggle Ventures
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•Nimble, a pet tech company, announced the acquisition of Waggle Ventures Inc, a social platform for pet owners. Post acquisition, Waggle founder Matthew Cavnar will stay on board as an advisor. According to the Company’s press statement, the acquisition will further boost Nimble’s growing customer base through Waggle’s vast social media network. The company has…