IT company Tech Mahindra will acquire IT consultancy service provider Beris Consulting Gmbh for 7 million euros or about Rs 60 crore through its German subsidiary, the company said in a regulatory filing. Beris has over...
Persistent Systems to acquire SCI, Shree Infosoft for $60 million
IT firm Persistent Systems on Wednesday said its US subsidiary will acquire North Carolina-based Software Corporation International (SCI) and its affiliate, Fusion360 for USD 53 million – a move that will bolster...
Data center operator CyrusOne explores possible sale – sources
CyrusOne Inc, a U.S. data center operator with a market capitalization of about $9 billion, is exploring strategic alternatives that include a potential sale of the company, according to people familiar with the matter...
Mphasis acquires US-based Blink UX for $94 mn in an all cash deal
Blackstone-backed IT services player Mphasis announced the acquisition of Blink UX, a user experience research, strategy, and design firm headquartered in Seattle, with over 130 employees for a consideration of $94...
IT company Sopra Steria has not made M&A approach to rival Atos
French IT company Sopra Steria said on Monday that it had not made any approach to rival Atos group after media reported the company was targeting Atos for a potential takeover bid. “Naturally, Sopra Steria continually...
Carlyle preferred bidder for Mumbai-based Hexaware in $3-bn deal: Report
Global private equity firm Carlyle Group has emerged as the preferred bidder for Baring Private Equity Asia’s (BPEA) Indian portfolio Hexaware Technologies in a $3 billion deal, two people with knowledge of the...
Check Point Software acquires cloud email security company Avanan
Check Point Software Technologies said on Monday it acquired U.S.-Israeli cyber security company Avanan, which specialises in protecting email, where most cyberattacks begin. Check Point, which is based in Israel, did...
Adobe to buy Frame.io in $1.27 billion deal
Adobe Inc said on Thursday it would buy Frame.io, a cloud-based video collaboration platform, in a $1.27 billion deal. Frame.io streamlines the video production process by enabling video editors and key project...
KPIT identifies key acquisition areas for long-term growth
KPIT, which provides software-based solutions primarily for automobile firms, said it will look for acquisitions in areas like semiconductors and ecommerce to get better insights into how it can create value in those...
Cognizant acquires a digital engg firm, its sixth acquisition in 2021
Nasdaq listed IT services major Cognizant has acquired digital engineering assets from Hunter Technical Resources, a privately-held digital engineering and project management agency headquartered in Atlanta, Georgia...
Infosys invests an additional Rs 3.3 cr in California-based TidalScale
IT services major Infosys said that it has made an additional investment of $0.45 million (around Rs 3.3 crore) in California- based TidalScale. Taking its total investment in the company to $3.45 million. TidalScale is...
Seismic raises fresh funds at $3 bln valuation; acquires Lessonly
Software maker Seismic said on Monday it has raised $170 million in fresh capital at a $3 billion valuation and will use part of the funds for the acquisition of Lessonly, a venture capital-backed online sales coaching...
