India’s technology mergers and acquisitions hit a three-year high in 2025, with total deal value expected at $26-29 billion, up 30% from $20 billion in 2024, exclusive data shared by EY showed. Deal activity has...
French IT company Atos to sell Latin American businesses to Brazil’s Semantix
French IT company Atos said on Friday it signed a binding agreement to sell its Latin American operations to Brazilian tech company Semantix as part of a broad restructuring plan. The business to be sold employs...
Board of Coforge approves acquisition of Encora US and Encora Holdings
The board of Coforge at its meeting held on 26 December 2025 has approved the execution of a share subscription and share purchase agreement (SSPA) by the Company with Encora US Holdco, Inc. and Encora Holdings (Cayman)...
ServiceNow to buy cybersecurity startup Armis for $7.75 billion
ServiceNow has agreed to buy cybersecurity startup Armis for $7.75 billion in cash, the companies said on Tuesday, as the enterprise software maker looks to attract new customers amid growing risks of cyberattacks...
HCLSoftware to acquire business intelligence platform Jaspersoft for $240 million
HCLSoftware, the software business division of IT services company HCLTech, intends to acquire Jaspersoft, the business unit of Cloud Software Group, for $240 million in cash, the company has announced. The deal is...
HCLSoftware set to buy agentic AI firm Wobby for $5.3 million
HCLSoftware, the software business division of IT services firm HCLTech, intends to acquire AI data analyst agents startup Wobby for €4.5 million (about $5.3 million) in cash, the company said on Monday. The Antwerp...
Alphabet to buy clean energy developer Intersect in $4.75 billion deal amid AI push
Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and power capacity necessary for developing...
Permira, Warburg near $8.2 billion deal for Clearwater Analytics, sources say
A group of private equity firms led by Permira and Warburg Pincus has clinched a deal to acquire investment and accounting software maker Clearwater Analytics Holdings for about $8.2 billion, including debt, two...
Flipkart acquires majority stake in Minivet as part of its AI push
Ecommerce major Flipkart has acquired a majority stake in artificial intelligence and machine learning solutions startup Minivet AI, the company announced on Friday. Founded in 2024, Minivet’s generative video services...
HCLTech to buy telco solutions business from HPE
HCLTech, India’s third-largest IT services firm, on Thursday announced that it has signed an agreement to purchase the telco solutions business of US-headquartered Hewlett Packard Enterprise (HPE) for up to $160 million...
Virtusa acquires Bengaluru based SmartSoC Solutions
Product and platform engineering services company Virtusa on Wednesday announced the acquisition of Bengaluru-based SmartSoC Solutions, a semiconductor engineering and integrated circuit design services company. It did...
TCS to acquire Coastal Cloud for $700 million in all-cash deal
IT major Tata Consultancy Services (TCS) has announced that it will acquire a 100% stake in Coastal Cloud for an all-cash consideration of $700 million (nearly Rs 6,286 crore). This marks the largest acquisition by the...
