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Home > Spotlight

M&As
Friday, June 22, 2007
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MS to Buy aQuantive
Microsoft has said that it would buy online advertising company aQuantive for $6 bn. It is Microsoft's largest acquisition ever, and the latest in a flurry of deals for online advertising firms by big Internet and media companies.

Calsoft's Stake in Aspire
California Software Co (Calsoft) is acquiring 51% equity in Aspire Communications, possibly through a combination of cash and stock. Through this acquisition, Calsoft will be able to combine its product engineering services capabilities and Aspire's hardware design expertise.

Oracle Buys Agile Soft
Oracle has bought Agile Software for $495 mn. After the latest allcash purchase closes in July, Oracle will have to spent more than $25 bn snapping up smaller software makers since 2004 in an audacious challenge to Germany's SAP AG, the leading provider of business applications.

L&T Finance Picks Nucleus
L&T Finance, a non-banking finance company, has selected Nucleus Software's flagship solution-FinnOne TM Customer Acquisition System-for implementation at its central office in Mumbai with a roll out across 60-plus locations. The solution will allow L&T Finance anytime, anywhere access.

Infotech's Stake in Integra
As part of its strategy to tap geospatial business, Infotech Enterprises has acquired a majority stake in the Hyderabad-based Geospatial Integrated Solution (Geospace Integra) for an undisclosed sum. Infotech and Geospace Integra would consolidate their geospatial business in India and West Asia into a single entity.

WNS Aquires Marketics
WNS (Holdings) has closed its acquisition of Marketics Technologies (India), an offshore analytics services company to enhance its capabilities. The total consideration consists of a bulk payment of $30 mn at closing and a contingent earn-out of up to a maximum of $35 mn.

Alcatel-Lucent Buys ND
Alcatel-Lucent has acquired the Bangalore-based privately-held NetDevices (ND), a developer of services gateway products for enterprise branch networks, for an undisclosed sum. NetDevices delivers enterprise networking platform known as a Unified Service Gateway.

Core to Buy Three Firms
IT solutions firm Core Projects and Technologies is close to snapping up three companies, one in the US and two in the UK, and has earmarked a corpus of $60 mn for the takeovers. The Mumbai-based company was scouting for acquisitions in education and enterprise resource planning (ERP) verticals.

InterSystems Acquires Trakhealth
InterSystems has acquired Australia-based Trakhealth. An application partner of InterSystems since 1991, Trakhealth develops and markets Trackcare, an enterprise-level Web-based health information system deployed in twenty-five countries.

BO to Acquire Inxight
Business Objects (BO) has signed a definitive agreement to acquire Sunnyvale-based Inxight Software, provider of software solutions for unstructured information discovery. The merger would provide organizations with a comprehensive BI solution.

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