Tag "M&A"

Softbank reportedly buying ARM for $32 billion

Japanese telecommunications and Internet giant, SoftBank Group is reportedly buying  UK-based chipmaker, ARM Holding, as per The New York Times report. The deal is not officially announced yet. ARM, which designs chips and parts of chips, has a market capitalization

Myntra acquires mobile-based content aggregator Cubeit

BANGALORE, INDIA: Online fashion portal, Myntra has acquhired Cubeit, a Bangalore based tech start-up focused on content aggregation on mobile. Financial details of the deal is not disclosed. Cubeit team has been inducted into Myntra. Cubeit is Myntra’s third technology

Microsoft acquires chat app Wand Labs

USA: Microsoft has acquired messaging app developer Wand Labs– a startup founded in 2013 by CEO Vishal Sharma that specializes in chatbots and messaging apps, for an undisclosed amount. The acquisition accelerates Microsoft’s vision and strategy for Conversation as a

VMware NSX operational visibility set to get a boost with Arkin acquisition

USA: VMware announced the intention to acquire software-defined data center security and operations company, Arkin Net. VMware and Arkin are already collaborating to meet the needs of mutual customers such as Columbia Sportswear, California Department of Water Resources (CDWR) and

Microsoft buying LinkedIn for $26.2bn

USA: Microsoft has agreed to buy the largest professional networking site LinkedIn in $26.2 billion all-cash deal. Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain

Symantec buys Blue Coat for $4.65bn

USA: Symantec has agreed to buy Blue Coat Systems in a $4.65 billion all-cash deal. The deal is expected to close in Q3. Blue Coat CEO Greg Clark will become Symantec’s new CEO once the deal closes. Symantec was scouting

Fortinet strengthens Security Fabric with AccelOps acquisition

BANGALORE, INDIA: Fortinet has acquired network security monitoring and analytics solutions company, AccelOps. AccelOps currently serves hundreds of clients across numerous vertical industries, including a strong presence in the Enterprise, Government, and Managed Service Provider segments. AccelOps solutions will become

Axis acquires store optimization solution co, Cognimatics

BANGALORE, INDIA: Network video solutions provider, Axis Communications has acquired Cognimatics, a leading company of store optimization solutions targeting the retail sector. Cognimatics’ technology is used for people counting, queue measurement and occupancy estimation. Cognimatics is a privately owned Swedish

ARM buys imaging & embedded computer vision tech firm, Apical in $350mn

BANGALORE, INDIA: ARM has acquired imaging and embedded computer vision technology firm, Apical in $350 million all-cash deal. Apical is one of the UK’s fastest-growing technology IP companies and its advanced imaging products are used in more than 1.5 billion

Dell & EMC’s combined enterprise biz will be called Dell EMC

USA: Dell Chairman and CEO Michael Dell said that the Dell and EMC combined family of businesses will be called Dell Technologies, after the merger. Dell Technologies will comprise the combined enterprise infrastructure businesses of Dell and EMC, the PC

FireEye now helps cos identify risks in M&A

BANGALORE, INDIA: FireEye along with its law firm partner, Pillsbury Winthrop Shaw Pittman has launched Mandiant Mergers & Acquisitions (M&A) Risk Assessment to identify threats earlier in the M&A process. It is a week-long service evaluating key security components utilizing

Pegasystems acquires robotic automation co. OpenSpan

USA: Pegasystems has acquired robotic process automation (RPA) and workforce analytics software provider OpenSpan. OpenSpan provides advanced robotic automation and workforce analytics capabilities that complement and enhance Pegasystems’ Customer Relationship Management (CRM) application suite and Business Process Management (BPM) platform.

Will Mphasis be another Blackstone successful exit story in 5 years time?

Thomas George Private Equity major Blackstone Capital Partners along with Marble II Pte. Ltd and Marble I Pte. Ltd has signed an agreement with Hewlett Packard Enterprise (HPE) to buy 50 odd percent of its stake in Mphasis along with

Why HCL Tech is acquiring Geometric Software for $192 million?

Thomas George HCL Technologies has made an announcement to acquire Geometric Software through a share swap deal in 10:43 ratio; making HCL Tech 10 share for every 43 shares of Geometric Software shares. However, this deal excludes Geometric’s 58% stake

Paytm acquires personal assistant app, Shifu

BANGALORE, INDIA: Paytm has acquired consumer behaviour prediction and recommendation platform, Shifu reportedly for $8 million. Shifu is a context-aware personal assistant app owned by Delhi-based The Signals. It is founded by Prashant Singh, Deepansh Jain and Michael Massey. The

RCOM and Aircel in merger talks: Why it makes sense?

MUMBAI, INDIA: Reliance Communications is into a non-binding but exclusive talks for a potential merger of its wireless business with rival Aircel, said the company. It has entered into a 90-day exclusivity period with the shareholders of Aircel- Maxis Communications

Dell to acquire EMC in a record $67bn deal

BANGALORE, INDIA: Dell has inked perhaps the largest deal in the tech history so far, as the privately run PC vendor has agreed to acquire data storage vendor EMC for approximately $67bn. EMC shareholders would receive a total combined consideration

CA extends security portfolio with new acquisition

BANGALORE, INDIA: CA Technologies has signed a definitive agreement to acquire Xceedium, a provider of privileged identity management solutions that protect on-premise, cloud and hybrid IT environments. Xceedium, headquartered in Herndon, Va., was founded in 2000 and has offices in

CDI acquires talent acquisition soln. startup, ScaleneWorks

BANGALORE, INDIA: CDI Corp. to acquire ScaleneWorks People Solutions LLP, a player in talent acquisition solutions in India for an undisclosed amount. CDI is a US based, USD 1.5 Billion organization which has acquired ScaleneWorks People Solutions LLP, a 5

Sonata ups the mobility play with Halosys acquisition

BANGALORE, INDIA: Sonata Software has signed a definitive agreement to acquire California based enterprise mobility enablement technology provider, Halosys. Sonata sees the Halosys acquisition as a key piece in providing an end to end mobile solutions to customers. Halosys provides