London-listed IT company Noventiq said it will combine with California-based blank-check firm Corner Growth Acquisition Corp for a Nasdaq listing. Noventiq said the current price of its listed global depository receipts...
Happiest Minds to acquire SMI via upfront, deferred equity for Rs 111 cr
Happiest Minds Technologies announced that it has signed an agreement to acquire Madurai-headquartered IT services company SMI through a combination of upfront and deferred equity consideration amounting to Rs 111 crore...
Tredence eyes debut acquisition in 2023
Advent International-backed data science and analytics firm Tredence Inc. is looking to roll out its inorganic growth plans with its debut acquisition this year, said co-founder Shashank Dubey. In an interview, Dubey...
Google seeks stay on CCI order in NCLAT
Google has moved the National Company Law Appellate Tribunal (NCLAT) seeking a stay on an order of the Competition Commission of India (CCI) that has imposed a penalty of ₹1,337.76 crore on the US tech giant for...
RIL acquires strategic stake in US’ Exyn Tech for $25 million
Reliance Industries on Thursday announced the acquisition of a 23.3% stake in US-based technology company Exyn Technologies Inc for $25 million. The stake has been acquired through its wholly-owned subsidiary Reliance...
Indifi Technologies picks minority stake in BizeeBuy
Accel-backed lending platform Indifi Technologies Pvt Ltd announced that it has acquired a minority stake in Intellifi Technologies Private Limited, which operates B2B (business-to-business) service platform BizeeBuy...
Wipro Infrastructure Engineering to acquire Linecraft.ai, a Pune based AI-enabled firm
The industrial automation business of Wipro Infrastructure Engineering said it has signed definite agreement to acquire Linecraft.ai, a Pune based AI-enabled industry 4.0 company. Linecraft.ai harnesses the power of...
Cognizant acquires US-based management consulting firm AustinCSI
IT major Cognizant on Wednesday announced that it was acquiring the management consulting company AustinCSI for an undisclosed sum. Based in Dallas, Texas, AustinCSI provides consulting services for Fortune 500 clients...
Vista exploring deal to buy Coupa Software – Bloomberg News
Private equity firm Vista Equity Partners is exploring an acquisition of Coupa Software Inc, Bloomberg News reported on Wednesday, citing people familiar with the matter. Shares of the software firm, which had a market...
LIC increases stake in Tech Mahindra to 6.874%
Life insurance giant in India, LIC has increased its shareholding in Tech Mahindra to 6.874%. Earlier, LIC held 4.863% of the paid-up capital of the IT major. That being said, LIC’s stake in Tech Mahindra has...
Blackstone buys majority stake in R Systems for Rs 2,904 cr
Global firm Blackstone has acquired a majority stake in R Systems International Limited for $359 million (Rs 2,904 crore), said a Blackstone statement. R Systems is a leading provider of Information Technology services...
LTI-Mindtree merger receives NCLT approval
Larsen & Toubro Infotech (LTI) and Mindtree said that they have got clearances to operate as a single company from November 14, marking the closure of an over six-month merger process that is creating India’s fifth...
