Persistent Systems announced the intent to acquire Arrka, a Pune-based company renowned for its decade-long data privacy expertise, its pioneering Data Privacy Management platform and growing expertise in AI governance...
Infosys eyes space tech sector with strategic investment in GalaxEye
Global IT services giant Infosys announced on September 19 about its plans to invest up to ₹17 crore (approximately $2 million) in space tech startup GalaxEye Space Solutions. The investment, part of the Infosys...
Cyient approves sale of 14.50% stake worth 1.15 crore shares in Cyient DLM via block deal
Information technology (IT) services company Cyient announced on Tuesday, August 20, that its board approved the sale of a 14.5 per cent stake in its subsidiary Cyient DLM Ltd through a block deal. Cyient plans to close...
HCLTech’s arm to acquire French software firm Zeenea for 24 million euros
HCLSoftware, the software business division of HCLTech, has agreed to wholly acquire Zeenea, a French data catalog and governance solutions company, for 24 million euros (about Rs 220 crore). The acquisition will be...
Infibeam Avenues to acquire 54% stake in Rediff
Gujarat-based fintech company Infibeam Avenues has agreed to acquire a 54% stake in Rediff, one of India’s oldest internet firms. In a filing with the BSE Friday, Infibeam said it invested around Rs 50 crore in Rediff...
The big picture behind Google’s largest acquisition failure
Two weeks ago, the tech industry was abuzz with the news of Alphabet, Google’s parent, trying to acquire cloud security startup Wiz for around $23 billion. It was to be Alphabet’s largest acquisition ever...
Cybersecurity firm Wiz calls off $23 bln deal with Google, memo says
Israeli cybersecurity startup Wiz has ended talks with Google-parent Albhabet on a reported $23 billion deal in which it would have become the U.S. tech giant’s largest-ever acquisition, according to a Wiz memo...
Zensar Technologies acquires BridgeView Life Sciences in $25 million deal, eyes more acquisitions
Zensar Technologies Ltd is set to acquire BridgeView Life Sciences, an American information technology (IT) and operations services firm, in an all-cash deal valued at $14 million, the company said on Wednesday. An...
Google-backed software developer GitLab explores sale, sources say
GitLab, a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet, is exploring a sale after attracting acquisition interest, according to people familiar with the matter...
L&T’s semiconductor arm acquires Bengaluru-based SiliConch Systems
Larsen & Toubro’s (L&T) whole-owned subsidiary L&T Semiconductor Technologies (LTSCT) signed an agreement on Monday for acquisition of 100% stake in Bengaluru-based SiliConch Systems for a cash consideration...
Accenture acquires Excelmax Technologies to expand semiconductor design services
Global IT services firm Accenture acquired Bengaluru-based Excelmax Technologies, a semiconductor design services firm, to bolster its growing silicon design and engineering capabilities. Financial details of the...
Coforge acquires 17% stake in Cigniti Technologies for Rs 645 crore
IT company Coforge on Friday bought a 17 per cent stake in Cigniti Technologies for Rs 645 crore through open market transactions. According to the block deal data available with the BSE, Coforge purchased a total of...
