Explore the latest Merger & Acquisition news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Cognizant Completes Acquisition of New Signature, a Leader in Cloud-Native Business Transformation O...
Nestl Health Science to acquire IM HealthScien Nestl Health Science, a unit of Swiss food major Ne...
Wipro completes acquisition of Brazilian IT firm IVIA Servios for . mn Wipronbspon Saturday s...
Affle To Acquire Strategic Stake In Bobble AI, A Conversation Media Platform Consumer intelligence platform Affle India, a global tech company recently announced that it plans to acquire 8.0% ownership in Bobble AI, a conversation media platform offering indigenous social keyboard with 10+ patents filed and significant investments from Xiaomi and SAIF Partners. As a part […]
Eicher Group company has signed an agreement to buy the bus division of Volvo in India for Rs 100 crore VE Commercial Vehicles (VECV), the truck and the bus-making company of Eicher Motors, has signed an agreement to buy the bus division of Volvo in India for Rs 100 crore. Definitive agreements have been signed […]
Education technology firm Byju’s has acquired WhiteHat Jr, a startup focused on imparting coding skills to kids, for USD 300 million (about Rs 2,240 crore). Byju’s, which is valued at USD 8 billion to kids as per an independent report, said coding is fast emerging as a key skill for the future and the acquisition […]
Cognizant Technology Solutions has made 5 digital-based acquisitions till now this year US-based IT services major Cognizant Technology Solutions is betting on M&A as a strategy to build its digital business, as already announced earlier in May, 2020. According to the Mint report, the company has successfully done five digital-based acquisitions till now this year, […]
European Commission clears Alstom’s acquisition of Bombardier Transportation The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s […]
Cognizant to Acquire New Signature, a Leader in Cloud-Native Business Transformation Cognizant has announced that it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial […]
Paytm to acquire Raheja QBE General Insurance to expand its financial services offerings Digital payments platform Paytm is set to acquire 100% stake in Mumbai-based private sector general insurer Raheja QBE for INR 568 Cr. The acquisition is subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI). Paytm, which was founded in […]
Hindustan Unilever Limited (HUL) has completed the acquisition of VWash from Glenmark Pharmaceuticals Today, Hindustan Unilever (HUL) said it has completed the acquisition of VWash from pharma major Glenmark Pharmaceuticals. The company, however, did not disclose the value of the transaction. ‘VWash’ was launched by Glenmark in 2013 and the brand has established itself as […]
Accenture has acquired Byte Prophecy, an automated insights and big data analytics company based in Ahmedabad, India, to meet the growing demand for enterprise-scale AI and digital analytics solutions across the region. The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture Applied Intelligence. The move […]
The Centre Government plans to merge Coal Mines Provident Fund Organisation (CMPFO) with the Employees’ Provident Fund Organisation (EPFO), as a large asset-liability mismatch is imminent in the CMPFO’s pension fund. The Coal Mines Provident Fund Organisation has been entrusted with the responsibility of administering the Coal Mines Provident Fund and Miscellaneous Provision Act, 1948, […]
Cognizant has entered into an agreement to acquire Collaborative Solutions, a privately-held global consultancy specializing in Workday enterprise cloud applications for finance and human resources. The transaction is expected to close in the second quarter of 2020, subject to the satisfaction of certain closing conditions, including regulatory clearance. The financial details were not disclosed. The acquisition […]
Fifteen months after announcing the merger with GlaxoSmithKline Consumer Healthcare Ltd (GSKCH), FMCG major Hindustan Unilever on Wednesday, 1st April 2020 confirms that it has successfully completed the merger of GSKCH with HUL. “This (merger) will enable HUL to utilise cash on its balance sheet and create value for shareholders. In addition, it will enable […]
