Mid-sized IT services company Xoriant announced the acquisition of TestDevLab, a Latvia‑headquartered software quality engineering company, to strengthen its presence in the European region. While the companies did not...
Adobe to buy software provider Semrush in $1.9 billion deal
Adobe will acquire software platform Semrush for $1.9 billion, the companies said on Wednesday, as the Photoshop maker looks to strengthen its marketing tools and attract brands with generative artificial intelligence...
Warburg, Permira in talks to buy Clearwater Analytics, source says
Global private equity firms Warburg Pincus and Permira are in talks to buy investment and accounting software maker Clearwater Analytics, a source familiar with the matter told Reuters on Friday. Boise, Idaho-based...
Hexaware acquires CyberSolve for $66 mn to strengthen cybersecurity play
Hexaware, an IT solutions and services firm, on Friday said it is acquiring CyberSolve, a company specialising in identity access management, for $66 million to strengthen its presence in a fast...
SoftBank is said to have explored potential takeover of Marvell: Bloomberg
SoftBank Group Corp explored a potential takeover of U.S. chipmaker Marvell Technology earlier this year, Bloomberg News reported on Wednesday citing people familiar with the matter. SoftBank made overtures to Marvell...
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar...
Core Scientific terminates $9 billion merger deal with CoreWeave
Crypto miner Core Scientific on Thursday ended its agreement to be sold to Nvidia-backed CoreWeave, after shareholders voted against the proposal. CoreWeave had struck an all-stock deal worth $9 billion to buy Core...
TPG-owned digital engineering company Altimetrik completes acquisition of SLK Software
US-headquartered Altimetrik, an artificial intelligence (AI), data, and digital engineering solutions company, has completed its acquisition of Bengaluru-based SLK Software, a global technology services firm known for...
Warburg Pincus to buy Germany’s PSI for over $813 million
Private equity firm Warburg Pincus plans to buy German software firm PSI Software for more than 700 million euros ($813.26 million), the companies said on Monday. Reuters first reported on both a nearing takeover of PSI...
China says Qualcomm admitted to acquiring Autotalks without informing regulator
US semiconductor manufacturer Qualcomm admitted that it had not informed Chinese authorities when it completed its acquisition of Israel’s Autotalks in June, China’s market regulator said on Sunday. The...
TCS acquires US-based ListEngage for $72.8 million
IT major Tata Consultancy Services (TCS) announced its acquisition of US-based ListEngage during its second quarter earnings call on Thursday. The acquisition was approved by the board at its meeting today and will be...
Indian fintech Pulse to acquire UK’s Nucleus for Rs 500 crore
Mumbai-based data and Saas company Pulse has acquired UK-based Nucleus Commercial Finance, a digital originator and servicer of SME loans, at an estimated valuation of Rs 450-500 crore, said people familiar with the...
