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Tag Archives: mna
The Desi (Martini) Deal
Getting funding is easy. Recently, I had read Sujai Karampuri, founder of Sloka Telecom (henceforth, the Sloka guy) ranting about the fact that VCs were shying away from funding his company. I felt bad for for about half a second … Continue reading
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NetWeb founder buys 51% of WebPercept
Amit Tripathi of NetWeb has bought 51% share in WebPercept, an online digital media agency. The two companies had partnered in 1999-2000 to launch WebPercept as a 51:49 JV. After the acquisition, WebPercept would be renamed id8 labs. ET | … Continue reading
PE funds looking at CAMS
CAMS (Computer Age Management Services), has a load of Private Equity funds waiting to pick up the 15% stake in the company, which would amount to $60 million. Standard Chartered PE, Citigroup Venture Capital International (CVCI) and Carlyle are in … Continue reading
Infinite Computers to invest $60 m for acquisitions
Bangalore based Infinite Computers, which has a turnover of over 450 crores is looking for expansion and has earmarked $60 million for future acquisitions. They are also looking at the option of coming out with an IPO. The company is … Continue reading
Pitnet Bowes to buy MapInfo for $408 million
Pitney Bowes Inc, announced today that it has decided to acquire MapInfo Corp for approx $408 million in cash. MapInfo, provides location intelligence solutions. (via Business Standard)
Cisco has bought Webex for $3.2 billion
Networking giant Cisco has bought Webex, the web conference and net meeting company for $3.2 billion (via TechCrunch). The website had $50 million in profits and $380 million in revenue.
Microsoft acquires Tellme
Microsoft has decided to acquire TellMe Inc for $800 million. The information is up on the Microsoft website Microsoft Corp. today announced it will acquire Tellme Networks, Inc., a leading provider of voice services for everyday life, including nationwide directory … Continue reading
EDS to acquire RelQ
EDS has decided to buy RelQ, the bangalore based testing company, for $40 million. RelQ has close to 700 employees and has a revenue of $20-30 million already. USB adviced EDS on the acquisition. (Link)
Has Zensar bought Thoughtdigital?
Economic Times reports that Zensar has bought a US based firm Thoughtdigital, which works on Oracle apps.(Link) But if you go to the Thoughtdigital website, it says that it has been acquired by SOA softwares. So which Thoughtdigital has Zensar … Continue reading
Another start up gone
According to Google Operating System, Google has acquired another start up for $23 million. It fades in comparison to YouTube, but I guess this is still BIIIIIGGGGG money. Does anybody have any ideas about how many companies has Google acquired … Continue reading