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Home > Industry > News Analysis

M&A
Thursday, October 08, 2009
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Dell Buys Perot for $3.9 bn
Dell has announced that it will buy Perot Systems for $3.9 bn. The two companies expect to provide a broad range of IT services and packages, expanding the global reach of Perot Systems and selling Dell computer systems to additional Perot customers. The move could be a shot in the arm for Dell, giving it a way to diversify beyond its bread-and-butter business of selling hardware. Perot Systems has built a large customer base in North America, Europe, the Middle East, Africa, and Asia.

IBM to Acquire RedPill
IBM Corporation announced an agreement to acquire the business of RedPill Solutions, a privately-held company headquartered in Singapore. RedPills data models and expertise, developed through the successful execution of multiple analytics projects, would enhance IBMs current work to improve the speed and quality of clients business decisions. Analytics services are also an integral part of IBMs Smarter Planet strategy, which helps companies turn information into a strategic asset and make smarter business decisions.

Roamware Acquires Macalla
Roamware has completed the acquisition of Macalla Software, a developer of mobile financial services solutions. Macallas m-commerce and mobile banking solutions are successfully deployed by banks and operators around the world. These solutions include credit transfer, international remittance, person to person transactions, top-up and bill payment. With this acquisition, Roamware aims to build upon its roaming expertise and become a market leader in MFS, specifically addressing the needs of low income, unbanked communities.

Cognizant Acquires Pepperweed Advisors
Cognizant announced the acquisition of substantially all of the assets of Pepperweed Advisors, the IT consulting services division of Pepperweed Consulting. The acquisition brings to Cognizants a strategic consulting capability in two areas: IT service management (ITSM) and IT asset management (ITAM), along with seasoned consulting talent and significant intellectual property, including well defined ITIL based processes, tools, and frameworks.

Prizm Acquires POS Business from Reliance
Prizm Payment Services has announced its expansion in the area of point-of-sales (POS)/merchant acquiring services. It has acquired the POS services business of Reliance Money, which have been in existence for the past fifteen months. The announcement was made by Loney Antony, managing director, Prizm Payments. Reliance Money had set-up its transaction payment gateway and connectivity to international card issuing/ settlement organizations like Visa/MasterCard and have established a successful franchisee base of merchants and POS installation and support services over the past fifteen months, which is now being transferred to Prizm Payments.

TiEcon Names Awardees

The Delhi chapter of TiE (The Indus Entrepreneurs) in association with Lumis Partners announced the winners of the TiE-Lumis Partners Entrepreneurial Excellence Awards. Out of over 100 entries that were received from across different cities in India, six were shortlisted to present their plans at TiEcon Delhi 2009. The three entries that finally went on to win the coveted awards were: mChek, AISECT, and The Loot.

Adobe to Buy Omniture
Adobe has reached a deal to acquire Omniture for $1.8 bn, or $21.50 per share. That represents a 45% premium to Omnitures average closing price for the last thirty days. Omniture, which was started in 1996, has about 1,200 employees and took in just under $300 mn in the twelve months ending December 31. Adobe CEO Shantanu Narayen called the move a game changer for the company. The two companies said the deal is expected to close during Adobes Q4 and is subject to government approvals.

CA to Acquire NetQoS
CA has signed a definitive agreement to acquire NetQoS for $200 mn. With the addition of the NetQoS network flow monitoring, unified communications management, and response time analytic network solutions, CA will further strengthen its ability to help enterprise IT organizations and service providers deliver reliable, flexible and cost-effective IT and business services.

MindTree to Acquire Kyocera India
MindTree has signed an agreement with Kyocera Wireless to acquire Kyocera Wireless, its Indian subsidiary. Under the agreement, MindTree will make an upfront payment of approximately $6 mn, and further payments linked to revenues in FY 11 and FY 12.

Xerox to Acquire ACS
Xerox Corporation would acquire outsourcing entity Affiliated Computer Services for about $6.4 bn in a cash and stock deal. Xerox would be shelling out $63.11 per share for ACS. As per the agreement, ACS shareholders would receive a total of $18.60 per share in cash plus 4.935 Xerox shares for each ACS share they own.

Nokia Acquires Dopplr
Nokia has acquired Dopplr Oy, a privately held mobile service provider for international travelers. The Dopplr team brings to Nokias Services unit unique know-how in creating Internet based communities and showing their journeys, experiences and tastes collectively on the web. The acquisition does not change the current Dopplr service which is available at Dopplr.com.

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