1Point1 Solutions (1Point1), a provider of AI-driven business process management (BPM) solutions, has entered into a definitive share purchase agreement (SPA) to acquire Netcom Business Contact Center S.A., a Costa Rica...
Nvidia-Intel deal cleared by US antitrust agencies
U.S. antitrust agencies have cleared Nvidia’s investment in Intel, according to a notice posted by the U.S. Federal Trade Commission. While the notice did not specify the details of the transaction, Nvidia said in...
Edtech Physicswallah acquires additional stake in Xylem Learning
Edtech firm PhysicsWallah on Thursday said it has invested an additional Rs 122.9 crore to raise its stake in subsidiary Xylem Learning to 77.27% from 64.98%. The deal is part of a shareholder agreement of June 2023...
BNP Paribas in exclusive talks to buy Mercedes-Benz’s car-leasing unit in $1.2 billion deal
BNP Paribas is in exclusive talks with German carmaker Mercedes-Benz to acquire its car-leasing subsidiary Athlon, the French bank said on Thursday, in a transaction valued at approximately 1 billion euros ($1.17...
Board of Spice Lounge Food Works approves acquisition of Singapore based Prisha Infotech
Spice Lounge Food Works announced that its Board of Directors has approved the acquisition of 100% stake in Singapore based Prisha Infotech, for a total consideration of $1,50,000 marking a strategic expansion into...
Elliott takes over $1 billion stake in Lululemon, source says
Activist investor Elliott Management has amassed a stake of more than $1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to revive the struggling athletic apparel retailer, a...
Kering to buy jewellry producer Raselli Franco
French luxury group Kering will buy family-owned jewellery producer Raselli Franco Group, it said on Thursday, announcing an initial 115 million euro ($134.76 million) investment into the business. The 20% stake will be...
Coursera to buy Udemy, creating $2.5 billion firm to target AI training: Report
Online education platform Coursera said on Wednesday it would buy rival Udemy in an all-stock deal, valuing the combined company at $2.5 billion, as the industry consolidates after a post-pandemic slowdown and...
FocusOn Interiors Strengthens Market Position with the acquisition of Riya Enterprises
FocusOn Interiors Decorators Pvt. Ltd.- a leading name in corporate and industrial space design, announced its merger with Riya Enterprises, a company known for its exceptional project capabilities and experience across...
Cyient Semiconductors acquires majority stake in Kinetic Technologies for $93 million
Cyient Semiconductors on Wednesday announced the acquisition of a majority stake in Kinetic Technologies for up to $93 million. This strategic move is aimed at strengthening Cyient’s presence in the custom power...
Wingify turns to acquisitions to fuel growth after Everstone deal
Digital experience optimization startup Wingify is increasingly turning to acquisitions to drive its next phase of growth. The move, aimed at chasing enterprise customers, signals a strategic shift following private...
California Pizza Kitchen reaches buyout deal, names new leadership
An investor group led by Consortium Brand Partners is buying California Pizza Kitchen and has tapped the CEO of Convive Brands to run its restaurants, the company told Reuters on Tuesday, five years after the...
