M&A

Reliance’s Radisys Acquisition Delayed

Reliance’s Radisys Acquisition Delayed

December 10, 2018 at 11:42 am 0 comments

Reliance Industries has delayed the closing date of its acquisition of Radisys, a global open telecom solutions firm. The earlier date of closure of the deal was December 7 2018 which is now extended by one week. The new date is now 14 December 2018. “At the request of RelianceRead More

Logitech, Plantronics Drop Acquisition Plan

Logitech, Plantronics Drop Acquisition Plan

November 26, 2018 at 11:43 am 0 comments

Computer and communication products company Logitech and unified communications firm Plantronics have dropped their plans for a possible acquisition. Both the firms, in separate announcements, have clarified that though they had entered into an initial discussion regarding the same, the plan has now been dropped. “Logitech approached Plantronics regarding aRead More

SAP Acquires SurveyMonkey Rival Qualtrics For $8 Bn

SAP Acquires SurveyMonkey Rival Qualtrics For $8 Bn

November 12, 2018 at 9:22 am 0 comments

German software major SAP has acquired Qualtrics International, a cloud based software firm in the area of experience management, for $8 billion. The all cash deal was announced just days before the cloud based survey firm goes for a public listing. The deal is expected to close in the firstRead More

Tata Tele Sell stake In ATC’s India Mobile Tower Arm, To Settle Dues

Tata Tele Sell stake In ATC’s India Mobile Tower Arm, To Settle Dues

November 1, 2018 at 1:39 pm 0 comments

Tata Teleservices has offered to sell half or 13% of its stake in mobile tower company ATC TIPL to majority shareholder American Tower Corporation (ATC) for Rs 2,940 crore. IDFC is also selling its entire stack of 2% in ATC. Tata Teleservices Ltd will also pay Rs 2,360 crore, toRead More

Cloud Computing Firm Nutanix Acquires Frame

Cloud Computing Firm Nutanix Acquires Frame

October 4, 2018 at 1:09 pm 0 comments

San Jose, California headquartered cloud computing firm Nutanix has announced the acquisition of Frame, a cloud-based Windows desktop and application delivery firm. With Frame, Nutanix customers will be able to deliver desktops-as-a-service (DaaS) from multiple clouds, combining the consumer-grade simplicity and web-scale design of cloud applications with the functionality ofRead More

Tata Communications Acquires Dutch IoT Firm Teleena

Tata Communications Acquires Dutch IoT Firm Teleena

October 3, 2018 at 1:47 pm 0 comments

Tata Communications hass announced that it is acquiring Teleena, a Netherlands-based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE). The company’s technology reduces the operational complexity and cost of mobility and IoT deployments for businesses. Teleena’s solution is a key part of the Tata Communications’ MOVERead More

Adobe to Acquire B2B Marketing Firm Marketo For $4.75 Bn

Adobe to Acquire B2B Marketing Firm Marketo For $4.75 Bn

September 21, 2018 at 1:59 pm 0 comments

Software major Adobe Friday announced to acquire Marketo, a cloud based B2B marketing engagement firm, for $4.75 billion. “The imperative for marketers across all industries is a laser focus on providing relevant, personalized and engaging experiences,” said Brad Rencher, executive vice president and general manager, Digital Experience, Adobe. “The acquisitionRead More

Infosys Pumps In Additional $1.5 Mn In To TidalScale

Infosys Pumps In Additional $1.5 Mn In To TidalScale

September 17, 2018 at 5:15 pm 0 comments

Software behemoth Infosys Monday announced that it has made an additional investment of $1.5 million in TidalScale, a firm that offers software-defined server solutions. The said investment was made through the Infosys Innovation Fund. Infosys has previously invested US$ 1.5 million in the company in 2016 taking the cumulative investmentRead More

Ericsson Acquires CENX To Improve OSS Portfolio

Ericsson Acquires CENX To Improve OSS Portfolio

September 5, 2018 at 10:30 am 0 comments

Ericsson has announced to acquire CENX, an US based software firm, to boost its OSS portfolio and offer better managed services to its customers. The Swedish firm will take over 100% stakes in the firm whose 185 employees will also join Ericsson. Earlier, the telecom gear maker has held aRead More

Vodafone Idea Merger Complete, Creates India’s Largest Operator

Vodafone Idea Merger Complete, Creates India’s Largest Operator

August 31, 2018 at 12:18 pm 0 comments

The over one and half year old merger process between Vodafone and Idea Cellular is finally completed. Both the companies made a joint statement on Friday, 31 August, 2018 as NCLT gives its nod for the Vodafone Idea merger. “Today, we have created India’s leading telecom operator. It is truly aRead More