Technology advisory and execution firm Saints & Masters (S&M) has acquired Bengaluru-based Microsoft solutions partner Xencia Technology to strengthen its multi-cloud capabilities. The deal comprises a mix of...
Information technology
Turkish competition board approves Uber acquisition of Getir delivery business
The Turkish Competition Board said on Friday it had approved Uber Technologies Inc.’s acquisition of the delivery arm of Turkey’s Getir from Emirati controlling shareholder Mubadala. “The commitment...
Wipro to buy 20% stake more in Aggne Global for $2 million
IT services major Wipro on Thursday said it will acquire an additional 20% stake in Aggne Global IT Services Private Limited for $2.1 million (about Rs 19.8 crore). Following the latest transaction, Wipro’s...
Accenture to take majority stake, acquire cybersecurity firms in $4.18 billion deal
Consultancy firm Accenture said on Thursday it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal valued at $4.18 billion. Shares of the Dublin, Ireland-based company fell...
Quantum tech firm EigenQ to go public in $3 billion SPAC deal
EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday. EigenQ’s core business includes...
Salesforce to buy AI agent platform Fin for about $3.6 billion
Salesforce said on Monday it had acquired autonomous AI agent platform Fin for about $3.6 billion. The deal strengthens Salesforce’s Agentforce platform, as technology firms compete to roll out usage-based...
India’s HCLTech to buy 10.5% stake in Sarvam AI, valuing startup at $1.5 billion
India’s HCLTech said on Monday it will acquire a 10.5% stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees ($150.7 million) in cash, leading the firm’s Series B round as a strategic...
Cyient to acquire Tao Digital in $218 million all-cash deal
Mid-tier engineering services provider Cyient has said it will acquire US-based Tao Digital Solutions Inc in a $218-million all-cash transaction as it looks to expand its data, AI, and digital engineering capabilities...
Hexaware to buy UK consulting company CPS in Rs 140 crore deal
Hexaware Technologies has signed an agreement to acquire the UK- and the UAE-based consulting firm Consulting Professionals Services Holdings Limited (CPS) in a deal valued at up to £11 million (about Rs 140 crore), as...
Vertex Group acquires $4M digital CX business
Times Square-headquartered multinational tech company Vertex Group has expanded its presence in India’s BPM sector with its second acquisition of the year, a digital CX business currently valued at $4 million. The...
Cognizant to buy Astreya for about $600 million
Cognizant Technology has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure and data center services, in a deal valued at around $600 million, the company told Reuters. The deal...
Coforge closes acquisition of Cigniti after NCLT clearance
Mid-tier IT services company Coforge on Friday said it has completed the acquisition of Hyderabad-based Cigniti Technologies, following shareholder approval and final clearance from the National Company Law Tribunal...
