The world’s largest private equity investor Blackstone Group is close to acquiring IT firm Mphasis in an over $1-billion deal, outbidding two other strong contenders — Apollo Global Management and Tech Mahindra.
Zopper, a hyper-local market place has acquired Easy POS Solutions, a cloud based point of sale software system for billing, inventory, employee and loyalty management. Zopper has made acquired the POS platform
Equinix on Friday closed its $3.8 billion acquisition of European data center operator TelecityGroup, further consolidating the Redwood City, Calif.-based industry leader’s global position in the retail colocation market. Already far and
Dell reached an advanced stage of negotiation to sell its Perot Systems arm to TCS, according to online publication Recode. But the deal fell through recently because the parties could not agree
EMC’s board could decide to pay out a special dividend to anxious shareholders ahead of the company’s pending $67 billion acquisition by Dell. According to a Dell executive, any move to
Top Microsoft partner New Signature has scooped up its second Microsoft partner within a month, acquiring a 55-person solution provider to bolster its presence in the Southeastern U.S., it announced Tuesday. The
(Michael Novinson) Presidio purchased a small cloud consulting , engineering and integration firm it help strengthen its automation,orchestration and brokerage capabilities around Cisco Systems, VMware and Microsoft. The New York-based company, No.
Dell Inc, will retain a majority stake in Virtustream and abondon a plan to place the loss porn cloud services provider oi a joint venture with VMware Inc, people familiar with the
Nikhil Kumar &Varun Raj, Co-Founders, Voyce, will now be a part of the Exotel Team Exotel, one of India’s leading Cloud Telephony Companies, today announced the acquisition of Voyce, a platform that
German business software company SAP said it is not considering acquiring online rival Salesforce.com Inc, after a news report suggested the leaders of the two companies had held talks about strategic alliances