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Mergers & Acquisitions

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
This has been a long time coming: eBay Inc is spinning off its online payment business PayPal as a separate publicly traded company in 2015. ... Continue_Reading
Sequoia Capital-backed CarDekho has acquired Ibibo’s automobile site Gaadi.com, reports The Times of India. While the acquisition amount remained undisclosed, the report pegs the deal at $11 million. ... Continue_Reading
Mobile VAS company Altruist Technologies has acquired Hong Kong and Kolkata-based analytics company iConnectiva in an all-cash deal, reports Techcircle. The deal size hasn’t been disclosed. iConnectiva, which is run ... Continue_Reading
Wingify, the Delhi based SAAS company which owns A/B testing platform Visual Website Optimizer, has acquired Concept Feedback, a US based website design consultancy marketplace, which allows businesses to get ... Continue_Reading
Restaurant search and discovery service Zomato has acquired Poland’s restaurant search service Gastronauci for an undisclosed amount. With this Zomato has completed 4 global acquisitions in the past three months. ... Continue_Reading