2016 Merger and Acquisition
- Cognizant acquired US-based KBACE Technologies.
- Mindtree acquired a Salesforce Platinum Consulting Partner Magnet 360.
By acquiring Magnet 360, Mindtree added more than 100 certified Salesforce experts.
- Quikr acquired online real estate portal Commonfloor.com.
It will also give Commonfloor access to Quikr’s 30 million consumers.
- Nokia completed acquisition of Alca-Lucent for 15.6 billion euro
The deal is expected to help the Nokia in competing globally with the likes of Ericsson and Huawei in the telecommunications field.
- Volvo Buses India merged with Volvo India Pvt Ltd.
VRV Sriprasad will continue to lead the Volvo Bus business in India. He will report to Akash Passey, Senior Vice President at the Volvo Bus Corporation.
2015 Merger and Acquisition
On-demand grocery service PepperTap acquired Jiffstore.
Digital media company Arre acquired Apalya Technologies.
As part of the deal, the cofounders of Apalya, Vamshi Reddy and Shiva Bayyapunedi, will get 2 percent sweat equity in UDigital.
Hindustan Unilever signed agreement with Mosons Group to acquire Indulekha.
The proposed acquisition is in line with HUL’s strategic intent to strengthen its leadership position in Personal Care.
Mahindra Group acquired Italian auto design firm Pininfarina.
For the acquisition of Milan-listed Pininfarina, Tech Mahindra and Mahindra and Mahindra have formed a 60:40 joint venture.
DuPont and Dow Chemical Company announced to merge to form DowDuPont.
The merged company have a combined market capitalization of approximately 130 billion dollars at announcement. Andrew N Liveris will be named Executive Chairman and Edward D Breen will be named CEO of combined company.
Alibaba agreed to buy 112-year old newspaper South China Morning Post of Hong Kong.
The acquisition of the Hong Kong’s flagship English-language newspaper is the most politically sensitive acquisition by the e-commerce giant to date.
Marriott International to acquire Starwood Hotels & Resorts Worldwide
With this acquisition, Marriott International is set to become world’s largest hotel company.
Online auto classifieds portal CarTrade acquired CarWale
After the deal, the CarTrade, which only sells used cars, plans to enter into the new cars segment.
MTS India merged with Reliance Communications
The merger will bring 9 million customers and around 1500 crore rupees in revenues to RCom.
HCL Technologies acquired CRM services firm PowerObjects for 299 crore rupees
The acquisition will bolster HCL’s global applications business, which offers transformational programs and complex application management for a multitude of clients’ technology landscapes.
Infosys announced to acquire Noah Consulting for 70 Million US dollars
Noah Consulting is a leading provider of advanced information management consulting services for the oil and gas industry and John Ruddy is the President of Noah Consulting.
Dell Inc acquired EMC Corporation for 67 billion US dollars
This will the biggest tech deal in history with a 67 billion US dollars acquisition of EMC Corp by Dell.
Gannett Co agreed to acquire Journal Media for 280 million US dollars
Under the terms of the transaction, Journal Media Group shareholders will receive cash of 12 US dollars per share in cash.
In July 2015, the German firm had announced plans to buy Italcementi SpA through a transaction worth about 3.7 billion Euros.
Housing.com acquired Bengaluru-based HomeBuy360
Bharti Airtel acquired YTS Solutions for mobile payment solutions
Yahoo buys fashion website Polyvore
Yahoo Inc said it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.
Rajesh Exports acquired Switzerland-based world’s largest gold refinery Valcambi
Lupin acquired US generics company GAVIS Pharmaceuticals LLC
PVR Ltd agreed to acquire DLF’s DT Cinemas for 500 crore rupees
Emami Limited acquired hair care brand Kesh King
Intel announced to buy Altera for 16.7 billion US dollars
Snapdeal acquired Hyderabad-based startup MartMobi
Apple Inc acquired GPS firm Coherent Navigations to improve Apple mapping capabilities
Askme acquired BestAtLowest.com for 10 million US dollar
US-based company mGage acquired Unicel Technologies
Myntra.com acquired startup firm Native5 Software Solutions Pvt Ltd
Flipkart acquired mobile marketing firm Appiterate
PropTiger acquired Makaan.com
French IT firm CapGemini announced to buy US rival IGATE for 4 billion US dollar
MakeMyTrip acquired travel startup Mygola
Carzonrent India acquired car-pooling startup firm Ridingo
Temasek acquired InnoVen Capital India for 300 crore rupees
Royal Dutch Shell Plc acquired BG Group for about 70 billion US dollar
Godrej Nature’s Basket joined hands with Amazon for selling its products
Snapdeal acquired mobile recharge service FreeCharge
Google signed strategic partnership with PricewaterhouseCoopers to target Digital India projects
Snapdeal acquired RupeePower to launch financial service
Alibaba signed digital distribution deal with German music rights group BMG
RBI approved the amalgamation of ING Vysya Bank with Kotak Mahindra Bank
Snapdeal acquired logistics firm GoJavas to strengthen its delivery operations
Lupin to acquire additional 40 percent stake in S Aftrica’s Pharma Dynamics
Facebook acquired shopping search engine TheFind
Aditya Birla Retail acquired Total hypermarket
Flipkart acquired mobile ad network AdiQuity
Reliance Infrastructure Ltd announced acquisition of Pipavav Defence Company Ltd
Sun Pharmaceutical announced to buy GlaxoSmithKline’s opiates business in Australia
Online Taxi-service aggregator Olacabs acquired TaxiForSure
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