Dr. Reddy’s Laboratories Ltd, a Hyderabad-based integrated pharmaceutical company committed to providing affordable and innovative medicines for healthier lives, announced that it has completed the acquisition of select divisions of Wockhardt Limited’s branded generics business in India and a few other international territories of Nepal, Sri Lanka, Bhutan and Maldives. The business comprises of a…
Affle, a global technology company with a proprietary consumer intelligence platform that delivers consumer engagement, acquisitions and transactions through relevant Mobile Advertising, announced the signing of definitive agreements to acquire full control of Appnext Pte. Ltd., Singapore and 100% IP of Appnext app discovery and recommendation platform with immediate effect. According to the press release,…
Cognizant announced that it has completed the previously announced acquisition of the French operations of EI-Technologies, a Paris-based digital technology consulting firm and leading independent Salesforce specialist in France. The company said that EI-Technologies’ more than 300 employees in France will now join Cognizant, complementing its global Salesforce practice and expanding client resources in Europe.…
Infibeam Avenues Ltd, a Gujarat-based digital payments and e-commerce company that provides a comprehensive suite of web services spanning digital payment solutions, data centre infrastructure and software platforms, announced the acquisition of Cardpay Technologies Pvt. Ltd, a corporate credit card issuing firm, according to a VCCircle report. The company said that the acquisition will help…
NetApp, a US-based hybrid cloud data services company, announced it has entered into a definitive agreement to acquire Spot, a leader in compute management and cost optimization on the public clouds, to establish leadership in Application Driven Infrastructure. Digital transformation initiatives have accelerated and remain the top business priority, especially in today’s environment, and the…
AGC Biologics, a global biopharmaceutical Contract Development and Manufacturing Organization (CDMO), announced the purchase of a state-of-the-art commercial manufacturing facility in Boulder, Colorado USA. The facility, formerly owned by AstraZeneca, will provide AGC Biologics with additional capacity and significantly larger production scale. The facility is expected to begin full-scale operations and manufacturing by April 2021.…
Mérieux NutriSciences, a US-based company that delivers a wide range of testing and consulting services to the food & nutrition, agrochemicals, pharma and cosmetics industries, announced the acquisition of Chestnut Labs, a value-added food safety solutions provider, from Dairy Farmers of America. The company said that the acquisition will diversify the service offering and expand…
Zentiva, a Czech Republic-based company that develops and manufactures generic medicines providing the NHS with low cost alternatives to branded medicines, announced the completion of its acquisition of a manufacturing site in Ankleshwar, India, from Sanofi. The acquisition will increase the number of wholly-owned Zentiva production sites worldwide. The company said that the move will…
Delta Electronics Inc, a Taiwanese power management solutions provider having sales offices worldwide and manufacturing plants in Taiwan, China, Thailand, Mexico, India and Europe, announced the acquisition of Trihedral Engineering Limited, a Canadian SCADA and IIoT software company, for CAD 45 million. The company said that the acquisition will unite the strengths of Delta’s hardware…
HCL Technologies, a leading global technology company, announced its intent to acquire Cisco’s Self-Optimizing Network (SON) technology. As part of the deal, some employees who work on Cisco’s SON technology will move from Cisco to HCL. The company said that the acquisition, which comprises of products and services built on Cisco’s SON technology, will help…
SMT (Sahajanand Medical Technologies Pvt Ltd), a global medical device company with presence in over 75 countries, announced that it has acquired a medical device firm Vascular Concepts. Post acquisition, Vascular Concept will retain its distinct brand and independence. Swaminathan Jayaraman, CEO of Vascular Concepts will continue to manage the operation of the company. Vascular…
Oyster, a US-headquartered software-based employment platform designed to fix the broken international hiring model, announced that it has completed the acquisition of Carrom, a player in the cross-border hiring enablement space. Financial details of the deal remain undisclosed. Post acquisition, Carrom founder and CEO Sooraj Chandran will join the Oyster product team to lead and…
Ola Electric Mobility Pvt Ltd announced the acquisition of Etergo BV, an innovative electric scooter OEM, based out of Amsterdam, the Netherlands. Etergo’s team will continue to be based out of Amsterdam as they join Ola Electric. With this acquisition, Ola Electric has also announced its entry into the premium electric two-wheeler market, both globally…
Pioneering Ventures, a Switzerland-based agri-food investment firm, announced that it has acquired Lateral Praxis, an Indian agri-tech company, according to a Mint report. Financial details of the transaction remain undisclosed. The acquisition will help improve the firm’s downstream reach of tech-enabled solutions for food supply chain including information access, apps, data analytics and risk mitigation,…
LT Foods announced that SALIC (Saudi Agricultural & Livestock Investment Company) has acquired a stake in its subsidiary Daawat Foods Limited through SALIC’s subsidiary United Farmers Investment Company. The transaction in DFL entails acquisition of 29.81% stake of India Agri Business Fund, sponsored by Rabobank and 0.1% stake of REAL Trust, by United Farmers Investment…