Mid-sized IT firm Mindtree Ltd. expects to see significant growth in the NxT Digital business, acquired from parent company Larsen & Toubro Ltd., with the potential to extend the offerings to other industries as...
Intel in talks to buy GlobalFoundries for about $30 billion – WSJ
Intel Corp is in talks to buy semiconductor manufacturer GlobalFoundries Inc for about $30 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Any deal talks don’t appear...
UK-listed cybersecurity firm Avast in merger talks with NortonLifeLock
London-listed cybersecurity firm Avast is in advanced talks with U.S. rival NortonLifeLock Inc about a merger that would create a clear leader in consumer security software. Both companies confirmed the talks late on...
Alibaba, others explore bids for Unisplendour stake worth up to $7.7 bln -sources
Alibaba Group Holding Ltd and Chinese state-backed firms are weighing bids for a stake in Unisplendour Corp, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion, people familiar with the...
Microsoft to acquire cybersecurity company RiskIQ
Microsoft Corp. said it has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks. The company...
HCL Tech inks five-year strategic partnership with The Mosaic Company
HCL Technologies Ltd said on Friday it has signed a five-year, global agreement to provide digital transformation and managed services to The Mosaic Company, one of the largest producers of phosphate and potash in the...
Mindtree completes acquisition of the NxT Digital Business from L&T
Mindtree said it has completed acquisition of the NxT Digital Business from Larsen and Toubro(L&T). In May this year, Mindtree had announced it will acquire the NxT Digital Business from Larsen and Toubro (L&T)...
Exotel, Ameyo join forces to address cloud-based contact centre services
Cloud telephony company Exotel and contact centre software provider Ameyo have entered into a definitive agreement for a merger, as the two firms look to join forces to address the fast-growing market for cloud-based...
Rockwell Automation to buy Plex Systems for $2.22 bln
Rockwell Automation said on Friday it would buy business software maker Plex Systems for $2.22 billion in cash, as the U.S. industrial automation equipment maker looks to boost its revenue from cloud offerings. An...
HDFC Bank, HDFC Securities to pick up stake in Borderless Softtech
HDFC Bank along with its subsidiary HDFC Securities will pick up stake worth Rs 6.9 crore in backend software infrastructure development company Borderless Softtech, the bank said on Tuesday. For this, the bank said it...
LTI to acquire digital engineering firm Cuelogic for $8.4 million
Larsen & Toubro Infotech Ltd. (LTI) said on Wednesday it has signed a definitive agreement to acquireCuelogic Technologies, a digital engineering and outsourced product development company, headquartered in Pune...
Tech Mahindra plans acquisition in Europe
IT company Tech Mahindra is looking for acquisitions in Europe to upgrade its capabilities in various segments, including cloud computing, 5G, SAP and Salesforce softwares, a senior company official said on Wednesday...
