Mergers & Acquisitions

South African telecom major MTN Group is in talks to acquire Tata Teleservices (TTSL) and Tata Teleservices Maharashtra (TTML), reports Hindustan Times citing sources. ... Continue_Reading
Multiplex chain operator Inox Leisure Ltd acquired 100% of the equity share capital of New Delhi-based Satyam Cineplexes Ltd from its existing shareholders for Rs.182 crore, Inox said in a ... Continue_Reading
Yahoo’s acquisition spree continues: The company has reached a definitive agreement to acquire the mobile app analytics and advertising firm Flurry. While the deal size was not disclosed, TechCrunch cites a source ... Continue_Reading

Qliktag acquires Pune-based digital agency Buzzfactory

California-based mobile technology company Qliktag has acquired the Pune-based social media and digital agency Buzzfactory for an undisclosed amount in a cash & stock deal. ... Continue_Reading
Anil Ambani’s Reliance ADA Group has terminated its content joint venture with European entertainment network RTL, part of the German multinational media company,Bertelsmann. Both companies had an equal 50% equity interest in ... Continue_Reading
OnMobile Global has sold VoxMobili SA to Synchronoss Technologies for $26 million, saying that “The sale of Voxmobili is directly in line with OnMobile’s strategy of focusing on its core products.” ... Continue_Reading
Bharti Enterprises has inked an agreement to sell majority stake in Beetel Teletech Limited to a subsidiary of the US-based Brightstar Corp for an undisclosed amount. ... Continue_Reading
Mumbai-based digital and social media agency Gozoop has acquired iThink InfoTech, another Mumbai-based technology and IT based agency which specialises in custom software development for mobile and web platforms, for an undisclosed amount. ... Continue_Reading
Tribune Digital Ventures, a subsidiary of NASDAQ listed media company Tribune, has acquired 100% in What’s On, a TV EPG and listings company founded and headquartered in Mumbai, for $27 million, ... Continue_Reading

Reliance Mediaworks merges with Prime Focus

Reliance Group’s entertainment services company Reliance Mediaworks is merging its global films and media services business with the BSE-listed media & entertainment service provider Prime Focus Ltd. ... Continue_Reading
Raghav Bahl resigned today as the Managing Director of Network18, but will continue as a non-executive director on the board of the company, which he had founded. ... Continue_Reading
BSE-listed software product and technology services company Persistent Systems has entered into an asset purchase agreement to acquire certain assets of the mobile advertising firm Hoopz Planet Info. Private Limited, the ... Continue_Reading