Tag "Acquisition"

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

Nutanix Acquires Frame

By : Ashok Pandey

Nutanix, Inc. has completed the acquisition Frame, Inc. (“Frame”). With Frame, Nutanix customers will be able to deliver desktops-as-a-service (DaaS) from multiple clouds, combining the consumer-grade simplicity and web-scale design of cloud applications with the functionality of traditional virtual desktop

Flipkart acquires Israel-based Upstream Commerce

By : CIOL Bureau

Flipkart has strengthened its innovation capabilities with the acquisition of Israel-based Upstream Commerce, a world leader in real-time pricing and product assortment optimization solutions. One of Israel’s leading technology startups, Upstream Commerce builds cloud-based, automated competitive pricing and product analysis

L&T Technology Services enters into agreement to acquire Graphene Semiconductor Services

By : CIOL Bureau

L&T Technology Services Limited has executed a definitive agreement to acquire 100% stake in Bangalore-based Graphene Semiconductor Services Private Limited (“Graphene”) by way of an all-cash deal. The transaction is expected to be consummated by October 2018. Graphene is one

Hitachi Vantara To Acquire REAN Cloud

By : CIOL Bureau

Hitachi Vantara its intent to acquire REAN Cloud LLC. This acquisition will reinforce Hitachi Vantara’s ability to accelerate secure enterprise cloud adoption across multi-cloud environments and strengthen its ability to manage and operate traditional applications as well as emerging workloads

Atos to acquire Syntel

By : CIOL Bureau

Atos, a global leader in digital transformation today announced its agreement with Syntel, a leading global provider of integrated information technology and knowledge process services, with respect to the acquisition by Atos of Syntel, for aggregate consideration of c.$3.4 billion