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...
Tech Mahindra acquires 100% stake in Orchid Cybertech for $3.27 million
IT services and consulting firm Tech Mahindra, announced on Tuesday, February 20, that it has completed the acquisition of a 100% stake in Orchid Cybertech Services (OCSI) through its wholly-owned subsidiary for a total...
Wipro acquires US insurtech firm Aggne Global for $66 million
Wipro, India’s fourth largest information technology (IT) services firm, said it will acquire US-based insurtech firm Aggne Global Inc and its Hyderabad-based affiliate Aggne Global IT Services for $66 million. Wipro...
Kaynes Technology acquires Oakland-based Digicom Electronics to expand in US market
Mysuru-based Kaynes Technology is expanding its presence in the US. The company recently acquired Digicom Electronics, an electronics manufacturing services (EMS) company based in Oakland, California. “This will help us...
Zendesk acquires AI-led quality management platform Klaus
Software-as-a-service (SaaS) platform Zendesk announced that it has signed a definitive agreement to acquire AI-powered quality management platform Klaus. The acquisition of Klaus is likely to close in the first quarter...
Synopsys seeks to acquire engineering software company Ansys
Synopsys Inc, a maker of software used in chip design, has submitted an offer to acquire Ansys Inc., an engineering software vendor with a market value of $30 billion, people familiar with the matter said on Friday. The...
Qlik acquires AI data management firm Mozaic
Swedish data analytics company Qlik said it has acquired AI-driven data management provider Mozaic Data for an undisclosed sum. Sharad Kumar, founder of Mozaic Data, will join Qlik as regional head of data integration...
Salesforce acquires automated commission management platform Spiff
Enterprise software major Salesforce has announced plans to acquire Spiff, a provider of a new class of incentive compensation management (ICM) software, for an undisclosed sum. Once the acquisition closes, the Spiff...
