Tag Archives: Mergers & Acquisitions

Telecom tower infrastructure company Quippo-WTTIL is open to acquiring other tower companies in a bid to reach a target of 60,000 towers over the next two Continue reading →

Reliance Communications (RCom) has agreed to acquire the privately-held cable television company Digicable in an all-stock deal. The company, whose board approved the deal on Thursday, did not disclose the value of the Continue reading →

Sierra Atlantic, which has set up a gaming vertical recently, has decided to acquire a gaming development company this year. The vertical, which employs 150 persons now, would get a shot in the arm with the proposed acquisition, Mr G.K. Murthy, Continue reading →

Reliance Communication (RCom) said on Sunday that it has agreed to sell its telecom tower business to GTL Infrastructure, a Mumbai-based listed Continue reading →

The board of Mahindra Satyam is believed to have given its back-office unit in-principle approval to build platform-based BPO capabilities through Continue reading →

Technology services company Tricom said on Tuesday that it is in the final stages of acquiring Mastiff Tech and Mastiff Internet Media Continue reading →

Cognizant Technology Solutions, the US-based provider of information technology, consulting, and business process outsourcing services, has acquired Galileo Performance, a Paris-based provider of IT testing consulting services. The terms of the Continue reading →

After announcing the demerger of its tower unit, Reliance Infratel, Reliance Communications seems to have set its sights on unlocking value from its undersea optical fibre network and the US network Continue reading →

Reliance Industries’ acquisition of 95 per cent stake in Infotel Broadband marks its re-entry into the telecom business, while at the same time being indicative of its broaden-the-business Continue reading →

CSS Corp, the US-based provider of technology solutions, has announced the acquisition of UK-based Aliquo Solutions Ltd, an IT consulting firm, focused on ‘IT transformation.’ This will expand the presence of CSS in the European and Continue reading →

Japanese IT services company NTT DATA Corporation is to acquire Intelligroup, a US firm with a big presence in India, for about $199 million in an all-cash Continue reading →

Armed with 4G, or fourth generation technologies, Reliance Industries is set to stage a comeback into the Indian telecommunications space after a gap of nearly five Continue reading →

Check Point Software Technologies, a player in Internet security, has acquired privately held Liquid Machines, a US-based player in data security. Liquid Machines’ products prevent misuse, modification, loss or theft of intellectual property and Continue reading →

Reliance Communication said on Sunday that its board of directors has granted in-principle approval to the sale of 26-per cent stake in the company to strategic or private equity Continue reading →

Infosys Technologies, after having been outbid for Axon in 2008, has done a small-ticket acquisition of US-based McCamish Systems for a meagre $38-million Continue reading →

Reliance Communication’s share price jumped 11 per cent to close at Rs 154.60 on Wednesday amid reports of the Abu Dhabi-based Emirates Telecommunications Corp (Etisalat) picking up a 25-per cent stake in the Continue reading →

Business solutions company Aditya Birla Minacs, a subsidiary of Aditya Birla Nuvo, has strengthened its presence in the debt collection industry with the acquisition of the US-based Bureau of Collections Continue reading →

Symphony Service Corp, provider of global software product engineering services, hopes to boost its offerings in product lifecycle management through the acquisition of Proteans Software Solutions, a Bangalore-based outsourced product development Continue reading →

Essar Group has agreed to buy 59.13 per cent stake in AGC Networks, a Mumbai-based communications software provider for $44.5 million (Rs 206.19 crore) at Rs 245 a share, the company said on Continue reading →

CDC Software, a global provider of hybrid enterprise software applications and services, plans to tap both the organic and inorganic routes for growth of its hybrid cloud model, and has made investments in a few companies in the past few Continue reading →

Rumours that Indian outsourcers will be looking for bargains within the UK IT services sector – thanks to the weak pound – heightened on Friday as press reports in Britain suggested that Infosys was eyeing Logica, one of the country’s Continue reading →

Gemini Communication Ltd, the Chennai-based networking integration and telecom company, has acquired 100 per cent stake in Rosy Blue Wireless (RBW), Africa, a telecommunication and Internet Service Provider in Continue reading →

While Hewlett-Packard’s decision to acquire Palm, provider of smartphones powered by the Palm WebOS mobile operating system, may not have any immediate impact on the India mobile market, it could, however, result in India-focused, cost-effective Continue reading →

The US telecommunications major AT&T has exited Tech Mahindra by divesting its seven per cent holding in the company for Rs 655 Continue reading →

MindTree, a global IT solutions company, on Thursday said it has entered into a definitive agreement to acquire 7Strata, a Chennai-based remote infrastructure management service provider. The Chennai-based privately held company offers Continue reading →