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Everstone Capital, Goldman Sachs acquire IT services firm Cprime

General

11 January, 2023

Everstone Capital, Goldman Sachs acquire IT services firm Cprime

Everstone Group’s private equity arm Everstone Capital and Goldman Sachs Asset Management have acquired US-based IT services management firm Cprime for approximately $360 ......

L&T Infotech, Mindtree set to merge creating fifth largest IT service provider

TMT

06 May, 2022

L&T Infotech, Mindtree set to merge creating fifth largest IT service provider

After much speculations, Larsen & Toubro Infotech Ltd (LTI) and Mindtree Ltd announced their merger to become one entity “LTI ......

Blackstone backed Mphasis to buy US-based Blink for $94 mn

TMT

23 September, 2021

Blackstone backed Mphasis to buy US-based Blink for $94 mn

Mphasis Ltd, an Indian software services company backed by global private equity major The Blackstone Group, has announced the acquisition ......

Tech Mahindra acquires US cloud consulting firm Brainscale

TMT

28 June, 2021

Tech Mahindra acquires US cloud consulting firm Brainscale

Pune based information technology (IT) services firm Tech Mahindra will acquire Brainscale, a New Jersey based cloud consulting firm, for ......

Zensar to merge US-based step-down subsidiaries

TMT

19 March, 2021

Zensar to merge US-based step-down subsidiaries

Pune-headquartered information technology (IT) services firm Zensar Technologies has announced the plan to merge four of its American step-down subsidiaries -- Keystone Logic, Professional Access Limited, Cynosure, and Indigo ......

Cognizant to acquire US digital technology consulting firm Magenic

TMT

20 January, 2021

Cognizant to acquire US digital technology consulting firm Magenic

IT services firm Cognizant on Tuesday said it will acquire Magenic Technologies, a privately-held custom software development services company headquartered ......

Mindtree CEO, two founders quit after L&T completes takeover

People

05 July, 2019

Mindtree CEO, two founders quit after L&T completes takeover

Mindtree Ltd said on Friday that chief executive officer Rostow Ravanan and founders Krishnakumar Natarajan and NS Parthasarathy will be ......

Everstone ropes in former Wipro top exec to boost IT play

People

20 May, 2019

Everstone ropes in former Wipro top exec to boost IT play

Private equity firm Everstone Group has roped in Suresh Vaswani, a former top executive at IT giants including IBM, Dell ......

CCI approves L&T's bid to take over Mindtree

TMT

05 April, 2019

CCI approves L&T's bid to take over Mindtree

The Competition Commission of India (CCI) late on Friday approved engineering conglomerate Larsen & Toubro Ltd's proposal to take over ......

Cognizant buys financial software firm Meritsoft

TMT

06 March, 2019

Cognizant buys financial software firm Meritsoft

Nasdaq-listed IT services major Cognizant has announced the acquisition of Irish financial software firm Meritsoft for an undisclosed amount to ......