Tag "acquisition"

Home rental startup NestAway buys rival Zenify

By : CIOL Writers

Home rental startup NestAway Technologies has acquired Bangalore-based home aggregator and rental management company Zenify for an undisclosed amount, the company said on Sunday. “We hope to disrupt and restructure the social infrastructure of housing for both singles and families in times

On-demand driver aggregator DriveU acquires rival DriversKart

By : CIOL Writers

Bangalore-based on-demand driver aggregator DriveU has acquired rival DriversKart in an all equity deal, the company said in a statement. Post-acquisition, both the startups will merge  their business models with Vinit Srivastava, CEO, DriversKart taking on an advisory role and Kopal Maheshwari, COO,

IBM acquires cyber security startup Agile 3 Solutions

By : CIOL Writers

In a bid to further strengthen its security system, IBM Security Solutions has acquired cyber-security startup Agile 3 Solutions, for an undisclosed price. The acquisition is scheduled to be closed within next few weeks. Agile 3 Solutions, a San Francisco-based

Freshdesk acquires data integration platform, Pipemonk for an undisclosed sum

By : CIOL Writers

Marking its seventh acquisition in 16 months, cloud-based customer support platform, Freshdesk has acquired Pipemonk, a data integration platform for an undisclosed amount. Bangalore-based Pipemonk works on the SaaS model and allows companies to synchronise and automate their data flow

Qualcomm acquires NXP for $47 billion

By : CIOL Writers

Qualcomm has announced that its acquiring NXP Semiconductors for $47 billion in an all-cash deal. The acquisition, which will bring the two chip-making giants – Qualcomm and NXP – together, is the largest in the history of the semiconductor industry.

Razer acquires THX to move beyond gaming segment

By : CIOL Writers

In a bid to move beyond the gaming industry, gaming hardware company, Razer has acquired THX, the renowned audio and video quality assurance company originally founded by George Lucas as part of Lucasfilm. As part of the undisclosed transaction, THX

LendingKart acquires online lending platform KountMoney

By : CIOL Writers

KountMoney, an online lending marketplace for personal loans has been acquired Lendingkart Group, which will help the company to boost its technology and data analytics capabilities, according to The Economic Times. Founded by Deepak Modak, Gaurav Somani, Abhishek Periwal and

FirstCry buys BabyOye, raises $34 million in funding

By : CIOL Writers

Online babycare products seller FirstCry (BrainBees Solutions Pvt. Ltd) has acquired the franchise division of Mahindra Retail Pvt. Ltd, which owns online babycare business BabyOye, in a cash and stock deal worth $54 million. The double-pronged move will not only

eBay acquires image processing expert Corrigon

By : CIOL Writers

In a bid to bring better image recognition into its online marketplace, eBay has announced the acquisition of Israel-based startup Corrigon that excels in image processing and computer vision. “As we continue to evolve the eBay shopping experience, Corrigon’s technology

FitKids acquires hands-on learning platform ThinkLabs

By : CIOL Writers

Edtech startup FitKids acquires ThinkLabs, a STEM (Science, Technology, Engineering, and Maths) learning company, for an undisclosed amount. With this acquisition, FitKids plans to scale its operations from 46 to 100 cities across the country. FitKids will also launch a first

Zomato acquires Sparse Labs to let customers track deliveries in real time

By : CIOL Writers

Restaurant search portal Zomato has acquired logistics technology startup Sparse Labs, aiming to improve the delivery experience by helping restaurants track delivery drivers, allocate orders to the most suitable person based on location, and show customers where their order is

Pinterest acquires Instapaper

By : CIOL Writers

Pinterest has acquired Instapaper but says that the app would continue to operate as a separate entity. The Instapaper team including CEO Brian Donohue will join Pinterest where they will work both on the core Pinterest experience and updating Instapaper.

Snapchat to buy mobile search and discovery app Vurb for $110 million

By : CIOL Writers

Snapchat is acquiring mobile search and discovery app Vurb for $110 million, according to The Information. The report says that the purchase of Vurb will give the ephemeral messaging app company more resources to bolster its messaging and search features.

Microsoft-LinkedIn: Peeling off the headlines

By : Pratima Harigunani

USA: So yes it’s out. And about. The biggest acquisition in its history, a war-chest of

Infosys strengthens O&G presence with Noah acquisition

MUMBAI, INDIA: Infosys has completed the acquisition of Noah Consulting, a provider of advanced information management

Unify heading towards Atos

By : Pratima Harigunani

MUMBAI, INDIA: Atos, The Gores Group and Siemens have reached an agreement for Atos to acquire

Ericsson strengthens video compression portfolio with Envivio acquisition

MUMBAI, INDIA: Ericsson has announced the completion of the acquisition of Envivio. The transaction was completed

Ten bets for HDD to SSD transition

Ramdas S I believe Western Digital acquisition of SanDisk announced last week is the first real

HCL Tech acquires Concept to Silicon Systems

NEW DELHI, INDIA: HCL Technologies has acquired Bengaluru-based privately held engineering services firm Concept to Silicon

Infosys digs deeper into oil, to acquire Noah Consulting for $70m

MUMBAI, INDIA: Infosys has signed a definitive agreement to acquire Houston-based consulting firm Noah Consulting that