Tag «acquire»

Adobe to Acquire Marketo

Combination of Adobe Experience Cloud and Marketo Engagement Platform Widens Adobe’s Lead in Customer Experience Across B2C and B2B SAN JOSE, Calif. — Sept. 20, 2018 — Adobe (Nasdaq:ADBE) today announced it has entered into a definitive agreement to acquire Marketo, the market-leading cloud platform for B2B marketing engagement, for $4.75 billion, subject to customary …

L&T Technology Services enters into agreement to acquire Graphene Semiconductor Services

Acquisition to consolidate LTTS’ leadership position in the Semiconductor Services space India, September 06, 2018: L&T Technology Services Limited (NSE: LTTS), a leading global pure-play engineering services company, has executed a definitive agreement to acquire 100% stake in Bangalore-based Graphene Semiconductor Services Private Limited (“Graphene”) by way of an all cash deal. The transaction is …

SIS acquire SLV Security Services

August 2nd, 2018, New Delhi – SIS today announced a strategic partnership with SLV Security Services (SLV), headquartered in Gurgaon, whereby it would take a 51% stake in SLV. This is the first strategic transaction for SIS since its IPO. Last year, the company had notified the stock market about its Rs1000 crore acquisition / …

Apax Partners to acquire Expereo from The Carlyle Group

Amsterdam, The Netherlands – Apax Partners, the Paris-based leading European private equity firm, has reached an agreement with global alternative asset manager, The Carlyle Group (NASDAQ:CG) to acquire 100% of Expereo, a global managed internet and cloud access provider, alongside the company’s management team who will retain a stake in the company and will continue to …

Agreement between ArcelorMittal and NSSMC regarding joint venture to acquire Essar Steel India Limited

ArcelorMittal (The Company) has signed a joint venture formation agreement with Nippon Steel & Sumitomo Metal Corporation (NSSMC) in relation to its offer to acquire Essar Steel India Limited (Essar Steel). The Company’s subsidiary ArcelorMittal India Private Limited (AMIPL) submitted a Resolution Plan for Essar on 12 February, which outlined the intention to have NSSMC …

Federal Bank to Acquire Stake in Equirus Capital

  Mumbai, 22nd February 2018: The Board of Directors of Federal Bank has approved acquiring a strategic minority stake of 26% in Equirus Capital Pvt. Ltd. (ECPL) subject to statutory and regulatory approvals and satisfactory completion of financial and legal due diligence.  The Investment rationale has been driven by the need to increase the product …

Vertiv to Acquire Geist, Expand Global Rack PDU Portfolio

Acquisition will strengthen offerings for cloud, colocation and edge providers, strengthen channel   India, [February 1, 2018] –Vertiv, formerly Emerson Network Power, has reached an agreement to purchase Lincoln, Nebraska-based Geist, a privately owned manufacturer of Rack Power Distribution Units (PDUs) and associated data center products. Geist is a market leader in Rack PDU products …

Quess Corp to acquire a majority stake in Tata Business Support Services

New Delhi, 20thNovember,2017: Quess Corp Limited (“Quess”), India’s leading integrated business services provider, announced today that it has signed a definitive agreement withTata Sons and Tata Capital to acquire a 51% stake in Tata Business Support Services (“TBSS”). Tata Sons will hold the remaining 49%. The transaction is expected to close in the next few …