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...
IT services firm Xoriant acquires TestDevLab to deepen European footprint
Mid-sized IT services company Xoriant announced the acquisition of TestDevLab, a Latvia‑headquartered software quality engineering company, to strengthen its presence in the European region. While the companies did not...
Adobe to buy software provider Semrush in $1.9 billion deal
Adobe will acquire software platform Semrush for $1.9 billion, the companies said on Wednesday, as the Photoshop maker looks to strengthen its marketing tools and attract brands with generative artificial intelligence...
Warburg, Permira in talks to buy Clearwater Analytics, source says
Global private equity firms Warburg Pincus and Permira are in talks to buy investment and accounting software maker Clearwater Analytics, a source familiar with the matter told Reuters on Friday. Boise, Idaho-based...
Hexaware acquires CyberSolve for $66 mn to strengthen cybersecurity play
Hexaware, an IT solutions and services firm, on Friday said it is acquiring CyberSolve, a company specialising in identity access management, for $66 million to strengthen its presence in a fast...
SoftBank is said to have explored potential takeover of Marvell: Bloomberg
SoftBank Group Corp explored a potential takeover of U.S. chipmaker Marvell Technology earlier this year, Bloomberg News reported on Wednesday citing people familiar with the matter. SoftBank made overtures to Marvell...
