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Mergers & Acquisitions

Bangalore-based data analytics company Marketelligent has been acquired by US-based software developer and technology consultant Brillio for an undisclosed amount. Following the acquisition, the 100 employees of Marketelligent will join the New Jersey headquartered Brillio. ... Continue_Reading
IDG Ventures-backed SaaS-based applications security testing provider, iViz Security has been acquired by the US-based software security services and solutions provider, Cigital Inc. Post acquisition, the Bangalore-headquartered company will operate as ... Continue_Reading
UK-based ISP New Call Telecom has acquired a majority 70% stake in the mobile instant messaging and VoIP company Nimbuzz Nimbuzz for about $175 million, reports the Economic Times. ... Continue_Reading
Times of India group’s digital venture Times Internet has acquired the online personal finance platform Moneysights for an undisclosed amount. ... Continue_Reading
Customer care solutions provider B2X closed the acquisition of the front-end customer care company The Service Solutions (TSS), which currently counts Apple and various other US-based OEMs as its customers. B2X ... Continue_Reading
Norwegian telecom operator Telenor Group has informed that it has increased its stake in Telewings to 100% by acquiring the remaining 26% stake held by its Indian partner Lakshdeep Investment & Finance. ... Continue_Reading
Info Edge* which operates the real estate portal 99Acres had acquired a design studio that had developed proprietary technology for 3D floor plans and walkthroughs few months back, the company ... Continue_Reading
AIM-listed IMImobile has acquired UK-based mobile marketing & communications company TextLocal for approximately £13.15 million. This includes £10 million in cash and around £1 million worth of IMImobile shares (707,564 shares at a price of 141.33p per share). ... Continue_Reading
Naspers-owned payment gateway company PayU India, which operates the online payments solution PayUMoney, has acquired mobile-based payment app Eashmart for an undisclosed amount, reports The Economic Times. ... Continue_Reading
Connovate Technology, makers of the Gecko bluetooth tags, has been acquired by Hong Kong-based consumer electronics company Binatone for an undisclosed amount, reports The Economic Times. Following this deal, the ... Continue_Reading
Facebook has finally closed the acquisition of the mobile messaging app WhatsApp, according to a public filing with the US SEC. This news comes a week after Facebook received regulatory ... Continue_Reading
US-based carrier billing solutions provider Boku has acquired (pdf) Germany-based competitor Mopay for an undisclosed amount. Following this acquisition, Boku will have a presence in 80 countries and claims that ... Continue_Reading