L&T Technology Services (LTTS), a subsidiary of Larsen & Toubro (L&T), is scouting to acquire companies in North America and Europe, with ticket size of $50-75 million, to augment its offshore presence. The...
McAfee nears deal to sell itself to Advent for over $10 bln – WSJ
Cyber security firm McAfee Corp is nearing a deal to sell itself to U.S. private equity firm Advent International for more than $10 billion, the Wall Street Journal reported on Friday, citing people familiar with the...
Software services firm Zendesk to buy SurveyMonkey parent for nearly $4 bln
Software services company Zendesk Inc said on Thursday it would buy Momentive Global Inc, owner of the popular SurveyMonkey platform for nearly $4 billion in an all-stock deal. Momentive shareholders will receive 0.225...
Japan’s Orix to sell software firm Yayoi for more than $1.75 bln – Bloomberg
Japanese financial services group Orix Corp is likely to sell software business Yayoi Co for more than 200 billion yen ($1.75 billion), Bloomberg reported on Tuesday. Bain Capital, KKR and Blackstone Inc are among the...
Tech Mahindra acquires Lodestone and WMW for $118 million to bolster digital portfolio
Pune-based IT services major Tech Mahindra Ltd said on Monday it has acquired two companies – US-based Infostar LLC (Lodestone) and London-based We Make Websites Ltd (WMW), for $105 million and 9.4 million pounds...
Intel, SiFive end talks without deal – Bloomberg News
Intel Corp’s talks with SiFive Inc have ended without a deal and the chip designer startup will look for outside investment instead, Bloomberg News reported on Thursday, citing people with knowledge of the matter...
Italy’s Tinexta scouting for acquisitions in Italy and abroad, CEO says
Italy’s Tinexta is looking for potential acquisition targets in Italy and abroad, the digital services group’s chief executive said on Wednesday, mentioning in particular Spain, Germany, France and Great...
Accenture to acquire AI, analytics company BRIDGEi2i
IT services company Accenture will acquire Bengaluru-based artificial intelligence and analytics company BRIDGEi2i to expand its capabilities in data science, machine learning and AI-powered insights, the company...
HCL partners with Google Cloud for healthcare, life sciences solutions
HCL Technologies (HCL) on Monday informed that it has expanded its strategic partnership with Google Cloud to jointly launch healthcare and life sciences solutions. This partnership will deliver the best of HCL and...
Emerson’s software units, AspenTech to merge in $11 bln deal
Emerson Electric Co said on Monday it would merge its software units with smaller rival Aspen Technology in a deal for about $11 billion, boosting its industrial automation business that caters to a swathe of sectors...
Italy’s SECO aims for new acquisitions next year, looks at cybersecurity
Italian SECO aims to make new acquisitions in 2022, the high tech group’s Chief Executive Massimo Mauri said on Monday. “We are looking at the cybersecurity sector, especially in the United States. It can be...
Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal
Chipmaker Qualcomm Inc and SSW Partners have reached an agreement to buy Swedish automotive technology group Veoneer, for $4.5 billion, Veoneer said on Monday. Veoneer’s expertise in making advanced driver...
