Merger and Acquisition Activities Monthly Snapshot – May 2021
June 18, 2021
Accenture continues to make investments on its Cloud First initiative by acquiring Industrie&Co and LinkbyNet. It further made its investment to enhance its digital platform capabilities by acquiring ThinkTank and digital operational capabilities by acquiring ANZ based Electro80
Mindtree acquired NxT Digital Business Unit of L&T, to bolsters it’s cloud based IoT and AI platform for Industry 4.0.
Post the acquisition of 7Summits in January, IBM continued to makes its investment on building its Salesforce consulting and Design Capabilities by a leading Salesforce Consulting Partner in Europe, Waeg.
EY acquired SuMO IT Solutions, a Canadian-owned ServiceNow ELITE Services & Sales partner to enhance its ServiceNow expertise and expand its geographical footprint in Canada.
Cisco acquired a Risk-Based Vulnerability Management Software company Kenny Security. With this acquisition, Cisco will enhances its security control and performance management capabilities by combining its SecureX platform with Kenny’s technologies.
Cisco made its another investment in this month on Webex offerings by acquiring Socio labs and Slido. These acquisitions will enable Cisco to provide a enriched hybrid event management solution.
Multibook’s SAP global services line was acquired by Capgemini to accelerate it’s SAP capabilities in Japan and Southeast Asia.
EPAM acquired Israel based White Hat and Netherland based Just BI to bolster its cybersecurity and data analytics capabilities respectively.
NTT Data acquired Nexient to enhance its application development and modernization capabilities. This acquisition augment NTT DATA’s differentiating transformation, modernization and cloud app development experience.
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