IT giant HCLTech announced on May 23 that it plans to acquire certain assets of Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million, approximately ₹1,874 crore, in an all-cash...
Google acquiring HubSpot would bolster bid to challenge Microsoft
Google parent Alphabet’s potential acquisition of HubSpot, a U.S. marketing software maker with a market value of $31 billion, would boost its ability to compete against Microsoft in offering cloud-based...
Hexaware acquires Softcrylic; boosts its data and analytics capabilities
Carlyle Group backed Hexaware Technologies has acquired Softcrylic, a Minneapolis based data consulting firm. While Hexaware didn’t disclose the financials of the deal, the acquisition would boost the mid-tier IT firm’s...
Canarys Expands Global Presence with Strategic Acquisition in North America
Canarys Automations Limited (NSE – Canarys), a stalwart in the realm of digital transformation, embarks on an ambitious journey to broaden its horizons across continents. The company announces its strategic intent to...
Happiest Minds to acquire PureSoftware Technologies for Rs 779 crore
Happiest Minds Technologies will acquire Noida-based digital engineering and transformation services and solutions provider PureSoftware Technologies for $94.5 million (Rs 779 crore), the IT services company said...
IBM is in Advanced Talks to Acquire Software Provider HashiCorp
International Business Machines Corp. is in advanced talks to acquire software company HashiCorp Inc., according to people with knowledge of the matter. IBM and HashiCorp could reach an agreement as soon as Wednesday...
Software giant Salesforce in advanced talks to buy Informatica
Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector. A...
Tech Mahindra to merge US-based subsidy Born Group with parent Tech Mahindra (Americas) Inc
Tech Mahindra, India’s one of leading IT services and consultation firms, has said that the company will be merging its wholly-owned step down subsidiary Born Group with its parent company Tech Mahindra (Americas) Inc...
India’s Tata Sons to sell TCS shares worth up to $1.13 bln, term sheet shows
India’s Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up to 93.62 billion rupees ($1.13 billion) on Tuesday, a term sheet showed. Tata Sons plans to...
Accenture to acquire Udacity in upskilling push
Accenture will acquire California-headquartered edtech platform, Udacity, for an undisclosed sum. The move is part of Accenture’s broader initiative to invest $1 billion over three years in enhancing upskilling...
Wipro picks minority stake in SDVerse with nearly $6-million investment
IT services and consulting major Wipro said on Tuesday it has invested $5.85 million (Rs 48.5 crore) to acquire a 27% stake in SDVerse, an automotive software marketplace, along with General Motors (GM) and Magna...
One Point One Solutions acquires ITCube Solutions for Rs 84 crore
One Point One Solutions, a Navi Mumbai-based business process management service provider, marked its overseas foray by announcing its first acquisition of smaller IT-enabled services firm ITCube Solutions for Rs 84...
