Tag "Acquisition"
Larsen & Toubro Infotech (LTI) to Acquire Digital Engineering Firm Cuelogic
Larsen & Toubro Infotech (LTI) has announced the acquisition of Cuelogic Technologies. The 11-year-old company has built capabilities in digital engineering. It primarily focuses on developing cloud-native web and mobile applications, modernization. It also runs Innovation Lab as a service for
Qlik Acquires RoxAI to Extend Qlik Sense’s AI Capabilities with Advanced Alerting and Intelligent Automation
Qlik announced the acquisition of RoxAI and its Ping intelligent alerting software to deliver actionable, self-service alerting and workflow automation capabilities that enhance analytics users’ and systems’ ability to proactively monitor and manage their business data in real-time to make
Insight Partners to Acquire Swiss Cloud Data Management Leader Veeam
Leading software investor Insight Partners announced that it has entered into a definitive agreement to acquire Veeam Software. Under the ownership of Insight Partners, Veeam will become a U.S. company, with a U.S.-based leadership team, while continuing its global expansion
Fortinet announced acquisition of SOAR Provider CyberSponse
Fortinet announced that it has completed the acquisition of CyberSponse, a leading Security Orchestration, Automation and Response (SOAR) platform provider based in Arlington, Virginia. CyberSponse, already a Fortinet Security Fabric partner, will further extend the automation and incident response capabilities
Fortinet Acquires Advanced Endpoint Security Company enSilo
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
