Tag "Acquisition"

Fortinet Acquires Advanced Endpoint Security Company enSilo

By : CIOL Bureau

Fortinet announced acquisition of enSilo, a privately held advanced endpoint security company headquartered in San Francisco, California. The acquisition further enhances the Fortinet Security Fabric and strengthens Fortinet’s powerful endpoint and network security solutions by providing customers with advanced endpoint

Commvault Acquires Hedvig to Accelerate its Strategic Vision

By : CIOL Bureau

Commvault announced that it has entered into a definitive agreement to acquire software-defined storage (SDS) innovator, Hedvig, for a total consideration of $225 million, which includes the purchase price and ongoing employee retention. Gartner expects that by 2023, software-defined storage

DocsApp acquires doctor-patient engagement platform DocWise

By : CIOL Bureau

DocsApp recently made its first acquisition with popular patient-doctor engagement optimization platform DocWise for an undisclosed sum. Preferred by more than 1000 senior consultants from top hospitals to streamline patient communication, DocWise will add to DocsApp’s growing doctor network and

CoreView Acquires Crysagi Systems to add power of AI/ML to its Data Engineering Muscle

By : CIOL Bureau

CoreView acquires Crysagi Systems, with this acquisition, CoreView has strengthened its offerings to provide Data Engineering solutions to its customers. CoreView is now a complete data solution provider with strong capabilities in data management, data processing, data analytics, artificial intelligence

Hewlett Packard Enterprise acquires MapR’s Business Assets

By : CIOL Bureau

Hewlett Packard Enterprise announced acquisition of MapR, a leading data platform for artificial intelligence and analytics applications powered by scale-out, multi-cloud and multi-protocol file system technology. This transaction includes MapR’s technology, intellectual property, and domain expertise in artificial intelligence and

LTI to Acquire Advanced Analytics Firm Lymbyc

By : CIOL Bureau

Larsen & Toubro Infotech Ltd. has signed a definitive agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company. The acquisition further strengthens LTI’s fast-growing digital and analytics offerings. Founded in 2012, Lymbyc is headquartered in Bengaluru,

Capgemini acquires Altran for €3.6 bn to support the digital transformation of industrial companies

By : CIOL Bureau

Capgemini announced acquisition of Altran Technologies through a friendly takeover bid at €14.00 per Altran share. The total cash consideration will amount to €3.6 billion, excluding net financial debt (c. €1.4 billion). The transaction will be accretive to Capgemini’s normalized

L&T acquires 51.8% stakes of Mindtree

By : CIOL Bureau

Larsen and Toubro Ltd acquires 51.8% of shares in Mindtree Ltd, it is the first hostile takeover in the IT sector. CNBC TV18 channel reported the acquisition today, the report comes within a few months of Mindtree rejecting a hostile

Dailyhunt Acquires Local Play to Boost its Hyperlocal presence

By : CIOL Bureau

Bengaluru-based Dailyhunt announced that it has acquired Local Play, a Bengaluru-based hyperlocal video content & news content application. The acquisition underscores Dailyhunt’s aggressive strategy of attracting new users, residing in the real ‘Bharat’ – the tier 2, 3 and 4

Cognizant to Acquire Zenith Technologies

By : CIOL Bureau

Cognizant announced it has agreed to acquire Zenith Technologies which specializes in implementing digital technologies to manage, control and optimize drug and medical device production for maximum operational efficiency and regulatory compliance. The acquisition extends Cognizant’s capabilities for designing, implementing

DXC Technology Completes Acquisition of Leading Digital Innovator Luxoft

By : CIOL Bureau

DXC Technology announced the completion of its acquisition of Luxoft Holding, Inc, the global digital strategy and software engineering firm. DXC had announced a definitive agreement to acquire Luxoft on Jan. 7, 2019, and received final regulatory approval on June

Nikkei acquires majority stake in DealStreetAsia

By : CIOL Bureau

Nikkei Inc announces that it is acquiring a majority stake in DealStreetAsia, a Singapore-‑headquartered startup that tracks private equity and venture capital activity, deal flows, fundraising and startups across Southeast Asia and India. The deal allows Nikkei Group, which owns

NIIT Technologies to acquire WHISHWORKS, a MuleSoft and Big Data specialist

By : CIOL Bureau

NIIT Technologies Limited announced that it has signed a definitive agreement with WHISHWORKS IT Consulting to acquire a 53% stake initially, with the remaining equity to be acquired over the next two years through pay-outs linked to financial performance. The

ZF Acquires Mobility Provider 2getthere

By : CIOL Bureau

ZF Friedrichshafen AG has acquired a 60 percent share of 2getthere B.V. The company offers complete automated transport systems and is located in Utrecht/Netherlands, with offices in San Francisco, Dubai and Singapore. Applications range from driverless electric transport systems at

Citrix Redefines Employee Experience; Acquires Sapho, Micro App Platform

By : CIOL Bureau

Citrix Systems, Inc. announced the acquisition Sapho, a leading micro app platform. The acquisition will enhance the guided work capabilities within Citrix® Workspace™, enabling people to work with even greater speed, intelligence and simplicity.   “In today’s tight labor market,

Accenture Acquires Intrigo Systems Strengthening its Capabilities in Digital Supply Chains

By : CIOL Bureau

Accenture has acquired US-based Intrigo Systems, a leading provider of advisory and systems integration services for SAP enterprise and cloud solutions in e-commerce, supply chain and procurement. The acquisition strengthens Accenture’s capabilities in delivering end-to-end supply chain transformations that can

Check Point Software to Acquire Dome9 to Transform Cloud Security

By : CIOL Bureau

Check Point Software Technologies Ltd. announces that it has acquired Dome9 of Tel Aviv, Israel. This acquisition enhances Check Point’s fully consolidated Infinity architecture and its Cloud Security offering with advanced active policy enforcement and multi-cloud protection capabilities. Founded in

IBM to Acquire Red Hat?

By : CIOL Bureau

IBM stated to buy the software company Red Hat for $34 billion. The acquisition will take place as part of the strategy to diversify its technology hardware and consulting business into higher-margin products and services.  IBM CEO Ginni Rometty was

Hitachi Vantara Completes REAN Cloud Acquisition

By : CIOL Bureau

Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. announced the completion of its acquisition of REAN Cloud LLC, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging

Accenture Acquires DAZ Systems to Strengthen Its Oracle Cloud ERP Services

By : CIOL Bureau

Accenture has acquired DAZ Systems, Inc., a provider of Oracle ERP Cloud services with broad experience and assets that help organizations deploy and integrate enterprise performance management and human capital management applications. The acquisition further bolsters Accenture’s robust Oracle capabilities