Iteris, Inc., a notable provider of solutions for smart mobility infrastructure management and listed on the Nasdaq, is set to transition into a private company following a takeover valued at $335 million by Almaviva, the Italian leader in digital innovation. The acquisition deal specifies that Iteris shareholders will receive a cash payout of $7.2 for […]
Pavion Corp. (formerly Corbett Technology Solutions, Inc. “CTSI”), a leader in integrated fire, safety, security, and critical communications solutions, has announced its acquisition of Signet. This move significantly enhances Pavion’s leadership in healthcare critical communications and boosts its security and audiovisual system capabilities in the New England region. Founded in 1974 by Charlie Caron and […]
Saksoft Limited, a prominent IT services provider, announced today its strategic acquisition of Augmento Labs, a Bangalore-based digital engineering firm, in a deal valued at up to Rs 100 crores. The transaction, which includes an upfront cash consideration of Rs 35 crores and additional earnout consideration based on future performance, is set to be finalized […]
In a significant development in the technology consulting sector, AiRo Digital Labs (AiRo), a leader in AI and cloud solutions based in Chicago, has announced its acquisition of Cloudaction, a company renowned for its comprehensive cloud solutions and expertise in platforms like Salesforce, ServiceNow, and Microsoft Azure. This move is set to position AiRo among […]