European information provider Relx has agreed to buy U.S.-based ID Analytics for $375 million to further boost its ability to spot fraud and produce credit scores for its fastest-growing risk division. Relx has...
Ness Digital Engineering acquires Slovakia based CassaCloud
Digital transformation and custom software engineering service Ness Digital Engineering has acquired CassaCloud. Based out of Slovakia, CassaCloud is a consultancy which specialises in salesforce implementation...
Mastek arm sells partial stake in Majesco USA to drive growth
IT firm Mastek on Thursday said that its arm Mastek UK has sold partial stake in Majesco USA for a cash consideration of USD 1.59 million (about Rs 11.3 crore). “Mastek UK (material wholly-owned subsidiary of...
Capgemini rejects Elliott’s call for higher Altran bid
Capgemini on Wednesday ruled out any new offer for smaller rival Altran after activist fund Elliott urged the French software consultancy to raise its 14 euros per share bid. Elliott reiterated that Capgemini’s bid...
Internet nonprofit leaders fight deal to sell control of .org domain
A group of prominent internet pioneers is mobilizing to block the $1.1 billion sale of control of the .org internet domain, arguing that the takeover of .org by a newly formed private company would hurt the millions of...
HP had ‘buyer’s remorse’ over ill-fated Autonomy deal, court hears
Hewlett-Packard suffered “buyer’s remorse” over its disastrous $11 billion acquisition of Autonomy and was trying to pin the blame on UK entrepreneur Mike Lynch, London’s High Court heard on Monday in the closing stages...
Brazil’s Totvs buys tech company Consinco to strengthen retail ops
Brazilian software company Totvs SA said on Saturday its subsidiary Soluções em Software e Serviços TTS has agreed to acquire technology firm Consinco SA for 197 million reais ($48.71 million). In a securities filing...
Russia’s Sberbank to remain Yandex partner, may adjust some projects – CEO Gref
Russia’s Sberbank plans to continue its partnership with Yandex even though it has transferred its ‘golden share’ in the country’s leading internet company to another entity, Sberbank’s Chief Executive German Gref told...
Tech Mahindra announces strategic alliance with mining software company Celonis
Tech Mahindra announced a strategic alliance with New York and Munich-based Celonis, a company that builds process mining software on Thursday. The partnership intends to help in the digital transformation of the...
Tech Mahindra set to gain from merger of US giants Sprint, T-Mobile
Tech Mahindra is likely to receive more business from a planned merger of US telecom giants Sprint and T-Mobile, analysts said, citing the Indian IT services provider’s expertise in the communications vertical, both in...
LogMeIn to go private in $4.3 billion deal
LogMeIn Inc said it will be taken private in a $4.3-billion deal by buyout firm Francisco Partners and the private equity arm of activist hedge fund Elliott Management, more than a decade after the remote desktop tool...
Intel buys Israeli AI startup Habana Labs for $2 billion
Intel Corp has bought Israel-based artificial intelligence (AI) firm Habana Labs for about $2 billion, the chipmaker said on Monday, seeking to expand its AI portfolio to bolster its data-center business. Intel expects...
