Page 39 - Acquisition

Ashok Leyland arm acquires EV manufacturer Switch Mobility Automotive

Commercial vehicles major Ashok Leyland on Tuesday said its subsidiary Switch Mobility has fully acquired electric vehicles maker Switch Mobility Automotive Ltd, India.

Facebook acquires VR game developer BigBox VR for undisclosed sum

Facebook gas acquired BigBox VR, makers of the popular battle royale virtual reality game titled Population: One for an undisclosed sum

BharatPe announces acquisition of loyalty platform Payback India

Merchant payment and lending service provider BharatPe on Thursday said it has acquired Payback India from American Express and ICICI Investments Strategic Fund.

Masai School sharpens focus on career-linked learning with Design Shift buy

Acquisition will help it strengthen its existing curriculum with comprehensive courseware on UI & UX Design, and Product Management

Anil Ambani to raise stake in Reliance Infra via creeping acquisition

Family is likely to make a tender offer in the firm and invest another Rs 500 crore

Blackstone acquires media firm International Data Group for $1.3 billion

Leading investment firm Blackstone has acquired media and data company International Data Group (IDG) for $1.3 billion

Manipal Group buys Vikram Hospital for Rs 350 cr in second deal this year

Billionaire Ranjan Pai-controlled hospital chain had earlier taken over Columbia Asia's India operations for Rs 2,100 cr

Chamath Palihapitiya files four more SPACs with partner Suvretta

Chamath Palihapitiya plans to raise four more special purpose acquisition companies which add to the six blank-check companies he has already raised.

upGrad acquires video-enabled learning platform Impartus in Rs 150cr deal

Post the acquisition, Impartus has been integrated into the upGrad ecosystem and rebranded as 'upGrad Campus'

Amazon's acquisition of MGM would add to frenzy for streaming assets

The acquisitions are setting 2021 up to be a record for media deals. More than $80 bn in takeovers have been announced so far this year

Cisco to acquire threat assessment platform maker Kenna Security

Networking major Cisco has announced to acquire Kenna Security, makers of a risk-based vulnerability management platform, for an undisclosed sum.

CCI approves acquisition of 100% shareholding of Ingram Micro by Imola

The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation

ADV Partners, Premji invest to acquire majority stake in Micro Plastics

Investment builds on MPPL's robust revenue growth of over 20% CAGR over past five years

Unicorn fintech firm Pine Labs acquires Fave in deal valued over $45 mn

Malaysia-based company Fave, which provides QR payments and loyalty cashback to restaurants and retailers, has enabled 6 million consumers in Southeast Asia to save over $400 million since 2016

Mid-sized tech company Coforge acquires BPM firm SLK Global for Rs 918 cr

The acquisition is expected to expand Coforge's BPM operations, strengthen its financial services business, and increase presence in North America

Wipro to acquire Australian cybersecurity provider Ampion for $117 million

Ampion was formed through the merger of IT services providers Revolution IT and Shelde

Tech Mahindra acquires 70% stake in Perigord to augment pharma expertise

Digital transformation services provider Tech Mahindra acquired 70 per cent stake in Perigord, a leading supplier of consultancy and labelling artwork solutions to the pharma industry

Oil India led consortium to bid for BPCL's stake in Numaligarh Refinery

As part of a larger plan for disinvestment of Public Sector Undertakings, the government wants to privatise downstream oil refiner BPCL by the end of the first half of next financial year (2021-22)

Adani Ports completes acquisition of Dighi Port Ltd for Rs 705 crore

APSEZ to invest Rs 10,000 crore to develop facility into multi-cargo port

Happiest Minds acquires Pimcore Global Services for $8.25 million

Happiest Minds Technologies Ltd will acquire US-based Pimcore Global Services for USD 8.25 million (about Rs 60 crore). Houston-based Pimcore Global Services is a digital e-commerce and data management solutions company. "Happiest Minds Technologies Ltd has concluded and signed definitive agreements to acquire 100 per cent ownership interest of PGS Inc (doing business as Pimcore Global Services) for a consideration of USD 8.25 million," Happiest Minds said in a regulatory filing late Friday night. The acquisition will further strengthen Happiest Minds' offerings and leadership in the digital transformation space, it added. It will also help create greater digital capital for customers and facilitate onboarding more customer logos of strategic consequence. The acquisition is subject to customary closing conditions and is expected to close in the quarter ended March 31, 2021. The filing noted that PGS has a strategic partnership with Pimcore Austria for delivering solutions around .