Ceto, a prominent player in providing data-driven insights for financial institutions, has made headlines with its acquisition of VPCtech. This strategic move is poised to enhance Ceto’s capabilities in banking technology and expand its service offerings, marking a significant development in the financial technology sector. Strategic Acquisition to Expand Financial Technology Services The acquisition of […]
CMS Info Systems Limited has announced a robust financial performance for the first quarter of fiscal year 2025 (Q1 FY25), with a significant 17% year-on-year revenue growth. The company’s revenue for the quarter reached INR 599 crore, underlining its strong market position and operational excellence. The announcement also highlights CMS Info Systems’ successful acquisition of […]
Zensar Technologies, a prominent player in experience engineering and technology solutions, has announced robust financial results for the first quarter of fiscal year 2024-2025, showcasing significant growth across multiple business verticals. For the quarter ending June 30, 2024, Zensar Technologies reported a revenue of $154.4 million, reflecting a sequential growth of 4.2% in reported currency […]
Cyient, a global leader in Intelligent Engineering and Technology Solutions, recently unveiled its financial outcomes for the fourth quarter ending March 31, 2024, and for the fiscal year 2024, signaling strong performance and strategic advancements. The Hyderabad-based company announced a series of achievements that underscore its robust position in the market, driven by significant growth […]
In a significant move within the global payments industry, Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI) has announced a definitive arrangement to go private, with Advent International spearheading the all-cash transaction. The deal, valued at approximately US$6.3 billion, marks a pivotal shift for Nuvei, emphasizing its robust position in the fintech sector. This transition underlines the […]
Cyient, a renowned global Intelligent Engineering and Technology Solutions company, has entered into a significant multiyear services agreement with Airbus, a leader in the aerospace industry. This partnership focuses on the development of a segment of Airbus’s cabin ‘Intelligent Core Management Platform’ (iCMP), marking a pivotal advancement in cabin and cargo engineering. The collaboration between […]
Cognizant (Nasdaq: CTSH), a global technology leader, announced the establishment of its Advanced Artificial Intelligence (AI) Lab in San Francisco. This state-of-the-art facility is dedicated to advancing AI science and developing AI-enablement technologies and intellectual property. With a significant investment, Cognizant aims to push the boundaries of AI research and application, leveraging a team of […]
In a strategic move to bolster its suite of services, CBIZ, Inc. (NYSE: CBZ), a prominent provider of financial, insurance, and advisory services, has officially announced its acquisition of CompuData, Inc., a leading technology solutions provider based in Philadelphia, PA, as of March 1, 2024. The acquisition price, though not disclosed, marks a significant step […]