Infosys Finacle, part of EdgeVerve Systems, a fully-owned subsidiary of Infosys Ltd. (NSE, BSE, NYSE: INFY), has recently marked a significant milestone in the financial technology sector. In collaboration with the Regional Investment Corporation (RIC), an Australian government-backed finance provider for farmers, Infosys Finacle announced the successful deployment of the Finacle Digital Lending Solution Suite. […]
LTIMindtree, a leader in technology consulting and digital solutions, announced the launch of its innovative SaaS-based hybrid cloud management platform, Canvas CloudXperienz. This AIOPs-powered platform is set to transform the digital transformation landscape, offering unparalleled efficiency, security, and scalability in managing hybrid cloud infrastructure and applications. Empowering Digital Transformation with CloudXperienz In the current era, […]
Alteryx, Inc. (NYSE: AYX), a renowned analytics cloud platform company, has taken a significant leap forward by entering into a definitive agreement to be acquired by global private equity firms Clearlake Capital Group, L.P. and Insight Partners. This landmark transaction, valued at $4.4 billion including debt, marks a pivotal moment in the tech industry, with […]
Exiger, the market-leading SaaS company renowned for revolutionizing supply chain management, has entered into a definitive agreement for a majority investment from global investment firm Carlyle (NASDAQ: CG) and global software investor Insight Partners. This strategic partnership is poised to significantly enhance Exiger’s award-winning portfolio of AI solutions utilized in critical applications across government and […]
At AWS re:Invent 2023, ServiceNow (NYSE: NOW) announced a five-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS), starting in early 2024. This partnership will see the ServiceNow Platform and its full suite of solutions offered as a Software-as-a-Service (SaaS) in the AWS Marketplace. Integration of ServiceNow’s Platform with AWS Marketplace The collaboration will […]
Infosys has announced a collaboration with SolarWinds, a US-based observability and IT management software provider, to help the latter move its solutions to a new SaaS model. Through this collaboration, Infosys will utilize its engineering capabilities to speed up the SaaSification of SolarWinds’ products and platforms designed to give customers greater visibility in complex multi-cloud […]
Indian IT firm Mastek has announced a partnership with Netail, a US-based artificial intelligence (AI) powered retail software solutions provider, to help e-Commerce and Omni-channel retailers streamline their retail value-chain in order to draw, convert, and retain digital consumers. Mastek said that its experience in the fields of digital commerce and data analytics, combined with […]
Enghouse Systems said that it has acquired Brazilian SaaS-based enterprise mobility management solutions provider Mobi All Tecnologia (doing business as Navita). The Canadian software company did not disclose the financial terms of the deal. Based in Sao Paulo, Navita has annual revenue of around $7.5 million. Navita provides a suite of products that are focused […]
RateGain Travel Technologies, an Indian travel and hospitality technology firm, will acquire Adara, a US-based data exchange platform, in an all-cash transaction valued at $16.1 million (INR 132.4 crores). The asset purchase agreement is anticipated to establish a comprehensive artificial intelligence (AI) driven travel-intent and data platform that processes more than 200 billion availability, rates, […]
San Diego-based medical device company ResMed has completed the previously announced acquisition of Medifox Dan, a German out-of-hospital care management software developer, for €958.6 million ($997.5 million) in a move to expand its SaaS business to Germany, its first non-US market. Through the acquisition that was announced in June 2022, ResMed adds outpatient therapy services […]
