Microsoft Corp. and Discord Inc. hold a great deal of sway with video game fans. As they now hold talks for a potential $10 billion acquisition, a deal would join two companies in pursuit of audiences far beyond gamers...
IT cos eye acquisitions to boost key segments
Indian information technology (IT) services companies are taking the inorganic route to ramp up business in key verticals to expand their client base and technology capabilities, and also add new talent. While...
Tech Mahindra acquires 70% stake in Perigord to augment pharma expertise
Digital transformation services provider Tech Mahindra on Monday announced it has acquired 70 per cent stake in Perigord, a leading supplier of consultancy and labelling artwork solutions to the pharmaceutical industry...
AGC Networks to acquire stake in Z Services HQ DMCC for $3.94 million
AGC Networks on Friday said its subsidiary – Black Box Holdings – will acquire a majority stake in Z Services HQ DMCC for about $3.94 million (around Rs 28.6 crore). Black Box Holdings Ltd, an indirect...
Infosys, Newmont extend strategic tie-up by 5 years
IT services major Infosys on Thursday said that it has extended its strategic collaboration with Newmont Corporation, the world’s largest gold mining company, by five years. This association between Infosys...
Accenture completes acquisition of Imaginea to expand cloud capabilities
Global technology major Accenture said on Thursday it has completed its acquisition of Imaginea, a cloud-native product and platform engineering firm that helps companies drive innovation through disruptive technologies...
Microsoft completes Bethesda acquisition; move to bolster Xbox game library
Tech giant Microsoft has completed its acquisition of ZeniMax Media, the company that owns gaming studio Bethesda. The acquisition was announced last year, but received the requisite regulatory approvals recently. The...
Blackstone is said to call off Mphasis stake sale on valuations
Blackstone Group Inc. has shelved a planned sale of its majority stake in Indian IT outsourcing services provider Mphasis Ltd. over valuations, according to a person familiar with the matter. The private equity firm...
Mphasis acquisition talks hit impasse as Carlyle refuses to log in
Negotiations between Blackstone Group and Carlyle for the biggest technology takeover in India have hit a bump as Mphasis’ share price continues to soar, people involved in the matter said. Differences in valuations...
Wipro signs deal to acquire global tech company Capco for $1.45 bn
Wipro, in its biggest acquisition so far, has signed an agreement to buy London-based Capco, a global management and technology consultancy, for $1.45 billion. Capco provides digital, consulting and technology services...
TeamViewer acquires U.S. augmented reality software firm Upskill
German remote connectivity software company TeamViewer said on Tuesday it had acquired Upskill, a U.S. company that specialises in augmented reality applications for front-line workers. The deal marks the third takeover...
Carlyle emerges sole bidder to acquire Mphasis from Blackstone
Private equity Carlyle Group has emerged as the sole bidder to acquire Blackstone Group-owned Mphasis Ltd., in what would be the largest buyout in the Indian IT industry, said multiple people involved in the deal. The...
