IT services
General
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
People
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 ......
People
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 ......
TMT
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 ......
TMT
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 ......
