IT firm Mindtree today announced that that it has partnered with Databricks, the data and AI company, to help customers implement cloud-based data platforms for advanced analytics. This service will support use of the...
Facebook buys customer-service software maker Kustomer
Facebook Inc. has acquired Kustomer Inc., a New York-based software company that helps businesses manage customer conversations from multiple services on one dashboard. The deal was valued at more than $1 billion, said...
CITIC Capital plans $1.8 billion take-private of Hong Kong-listed AsiaInfo Tech – sources
Chinese private equity firm CITIC Capital plans to take private AsiaInfo Technologies Ltd in a deal that could value the telecom software provider at about $1.8 billion, two people with direct knowledge of the matter...
Mphasis Consulting acquires UK-based Datalytyx for up to 13.3 million pounds
IT firm Mphasis on Thursday said its subsidiary Mphasis Consulting has acquired UK-based Datalytyx for up to 13.3 million pounds (about Rs 130.4 crore). The acquisition is expected to provide access to strengthen...
Brazil’s Linx shareholders approve deal with StoneCo
Brazilian software firm Linx SA’s shareholders backed a takeover offer from StoneCo Ltd, its chief executive said on Tuesday, paving the way for the U.S.-listed card processor to offer its business clients...
Deutsche Bank to sell IT unit to TCS, moves closer to job-cutting target
Deutsche Bank AG agreed to sell a technology services unit to Tata Consultancy Services Ltd., helping the bank move closer to Chief Executive Officer Christian Sewing’s ambitious job-cutting target. The...
HCL Corp sells HCL Tech shares worth Rs 390 cr to another promoter entity
HCL Corporation, a promoter of HCL Technologies, on Monday offloaded 45.85 lakh shares of the company for over Rs 390 crore to another promoter entity through an open market transaction. According to block deal data...
Coupa buys supply chain software firm LLamasoft for $1.5 billion
Coupa Software Inc said on Monday it acquired supply chain software firm LLamasoft for about $1.5 billion to strengthen its payment management platform, which helps manage expenses. LLamasoft software uses artificial...
Infosys completes acquisition of digital service provider Blue Acorn iCi
IT services firm Infosys on Wednesday said it has completed the acquisition of Blue Acorn iCi. Infosys had, earlier this month, announced inking a pact to acquire Blue Acorn iCi – a digital customer experience...
Wipro to acquire cloud firm Encore Theme Technologies
Wipro Ltd on Wednesday said it has signed a definitive agreement to acquire Encore Theme Technologies Pvt. Ltd, a specialist in providing software-as-a-service (SaaS) and cloud solutions in financial services. The...
Tech Mahindra acquires Momenton and Tenzing to boost financial services biz
IT services company Tech Mahindra on Tuesday said it acquired 100% equity in two companies—Momenton, a digital enterprise technology firm and Tenzing Ltd, a technology consulting firm. Both organizations are expected to...
Carlyle, Pacific Equity sweeten bid for Australia’s Link, eye listing PEXA
Link Administration Holdings Ltd said on Monday private equity firms Carlyle Group and Pacific Equity Partners raised their takeover offer for the shareholder registry firm to A$2.87 billion ($2.04 billion), days after...
