Private equity firm Astorg is nearing a sale of its U.S.-based intellectual property software firm Anaqua to Nordic Capital for around $2.5 billion, two people familiar with the matter told Reuters. The buyout firms are...
GrayMatter acquires US-based Servy
GrayMatter Software Services, a leading analytics products and services company known for enhancing passenger experiences and boosting airport ancillary revenues, has acquired the Houston-based Servy, the enterprise...
Australia-based Findi hits over 2-decade high on buying Tata Communications unit
Shares of Australia-based Findi jumped to a more than two-decade high on Friday, after the fintech services provider said it would acquire Tata Communications’ payment solutions unit for A$75.7 million ($48.81...
Apax in the lead to buy Italy’s Quid Informatica as it builds financial IT hub, sources say
Apax Partners is the front runner to buy Italian IT solutions provider Quid Informatica, two sources close to the matter said on Thursday, after the private equity firm last week bought the IT assets of Milan-based...
General Mills to acquire Whitebridge Pet Brands for $1.45 bln
General Mills said on Thursday it would buy Whitebridge Pet Brands’ North American premium cat feeding and pet treating business in a transaction valued at $1.45 billion to broaden its portfolio and strengthen its...
Amundi acquired German’s Aixigo for 149 million euros
Europe’s biggest fund manager Amundi announced the acquisition of German technology company Aixigo for 149 million euros on Thursday. “Thanks to this new development, we will accelerate the deployment of...
Raghu Vamsi Group acquires UK-based PMC Group
Hyderabad based Raghu Vamsi Group, a Tier One manufacturer of high precision and hi-critical components, sub-assemblies, and systems for global OEMs like Boeing, GE Aviation, Honeywell, Rolls Royce, Collins Aerospace...
Transformers and Rectifiers acquires controlling stake Posco Poggenamp Electrical Steel
Transformers and Rectifiers (India) (TARIL) said that has decided to make a strategic investment in Posco Poggenamp Electrical Steel by acquiring a controlling stake. Posco Poggenamp Electrical Steel manufactures of...
Kovai.co acquires Bengaluru-based business-to-consumer SaaS company Floik
Coimbatore-based Kovai.co, a premier enterprise software and B2B (business-to-business) SaaS (software as a service) company providing revenue growth solution, announced on Wednesday the acquisition of Floik, a...
Thrive Capital in talks to invest about $1 bln in Databricks, Bloomberg News reports
Thrive Capital is in talks to acquire about $1 billion stake in analytics software maker Databricks in a deal that would value the startup at about $55 billion, Bloomberg news reported on Wednesday, citing people...
Unicommerce to acquire shipping automation firm Shipway
Ecommerce software firm Unicommerce Esolutions said on Monday that it will acquire Gurugram-based shipping automation company Shipway. The deal will be completed in tranches, Unicommerce said. In the first leg, it will...
Welspun Corp arm sells 5% stake in associate entity for about Rs 480 crore
Welspun Mauritius Holdings Limited (WMHL) has divested a 5 per cent equity stake in East Pipes Integrated Company for Industry (EPIC) for an overall consideration of 218.9 million Saudi Riyal (about Rs 480 crore). EPIC...
