Merger and Acquisition
This topic is really very interesting. In this competitive business world, every organization is trying to compete with others with their own ways.Some organizations are trying to compete with others by increasing their market stake and some are trying to reduce the competitors.
This topic is really very interesting. In this competitive business world, every organization is trying to compete with others with their own ways.Some organizations are trying to compete with others by increasing their market stake and some are trying to reduce the competitors.
Yes, Oracle wants to be a leader in the market and has picked up more than 20 companies in last few years and continuously increasing its ownership stake in several others. Oracle purchased
customer relationship management (CRM) giant Siebel Systems
PeopleSoft, BEA Systems
The list of all these strategic acquisition by Oracle is available at http://www.oracle.com/corporate/acquisition.html
$13.9 billion acquisition of outsourcing giant EDS by Hewlett-Packard, indicates HP is walking on the same path led by Oracle. HP wants to make footprint in services side and had taken a very big step by this acquisition. Recently EDS had acquired Mphasis.
MindTree Consulting Ltd
MindTree Consulting Ltd has stated its intention of becoming a billion dollar company without providing a timeframe. And the easiest way to achieve this is to acquire majors in various other sectors. Mindtree is trying to acquire Aztecsoft Ltd and is in talk with management
Cognizant Technology Solutions
Cognizant Technology Solutions has taken over T-Systems India and its 1,150 employees। In effect, Cognizant will become T-Systems’ supplier for offshore services from India।
Microsoft and Yahoo
Microsoft again failed to buy Yahoo and as a result, Yahoo's share price crashed like anything। Microsoft wants to be a leader in Internet search and trying to acquire Yahoo.
HSBC and IL
HSBC India has acquired retail brokerage house IL&FS Investsmart Ltd in a bid . HSBC, after picking up 73.21% stake in Investsmart for $241.6 million, will make an open offer to acquire up to 20% of the remaining shares in the company. Infrastructure Leasing and Financial Services Ltd (IL&FS) Investsmart is already listed on the NSE and BSE in India. This acquisition will be used by HSBC as a distribution channel for asset management and forthcoming insurance operations.
Religare Capital Markets
The broking arm of financial services company Religare Enterprises Ltd (REL), has acquired 97.76 per cent stake in UK based broking firm Hichens Harrison & Co Plc, for around £56 million in cash.
We will update you on the latest news about acquisition and mergers in this section.
iGate and Patni
iGate is in talk with Patni computers for buying it. The deal seems to be successful.
GenPact and Headstrong
The IT company Headstrong having corporate office in Noida is in news as GenPact is buying it,
Cairn and Vedanta
Vedanta will be buying 51% stake in Cairn
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