Payments solution company Ezetap has acquired Fortune Pay, a Bengaluru-based startup that offers payment switching infrastructure to banks, which will help Ezetap further expand its payments technology. This is Ezetap’s second acquisition,
Chinese tech conglomerate LeEco , whose businesses stretch from smartphones to electric vehicles, has abandoned a $2 billion proposed acquisition of US consumer electronics company Vizio, the company said on Tuesday. A
The European Union has approved Microsoft’s mega buyout of the professional networking site LinkedIn, provided the US tech giant meets commitments to allow fair competition. The European Commission, the EU executive, said
Venture capital firm Jungle Ventures has closed its second fund with a total corpus of $100 million. The fund, which got Ratan Tata on board as a special advisor last year, is
Leading private equity firm Everstone Group, along with Singapore-based Sunrise BPO, has agreed to acquire the US-based customer relationship management (CRM) solutions provider C3(Customer Contact Channels) for around $150 million. The acquisition,
Circa 2016 has panned out to be a year of major consolidation in the Information Technology industry with mergers and acquisitions ruling the roost. The channel business too has been impacted by
Twitter is shutting its engineering operations in Bengaluru, a move that’s likely to impact around 60 employees, most of who came on board after it acquired mobile marketing platform ZipDial for $35
Two Mumbai-bred siblings turned billionaires on Monday when they sold their advertising technology startup to Chinese investors for $900 million. The 34-year-old Divyank Turakhia and his older brother Bhavin, 36, who grew
Tech giant Samsung Electronics Co Ltd said on Thursday it will acquire US-based firm Joyent Inc to boost its cloud computing and “internet-of-things” capabilities for an undisclosed sum. In a statement, Samsung
Dell’s CEO, Michael S Dell may announce the name of the new company, which is likely to be called Dell Technologies, arising after the acquisition of EMC. The acquisition is expected to
NTT Data, the IT services subsidiary of Nippon Telegraph & Telephone, has entered into an agreement to acquire Dell’s IT services business, a move that could make the Japanese company an important
Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division to Japan’s NTT Data Corp for $3.5 billion, people familiar with the matter said