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HAPPIEST MINDS ACQUISITION
Dodging SaaSocalypse: AI’s enterprise moment could belong to IT servicesITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT ma...- Happiest Minds-ITC Infotech merger driven by AI revenue pressure: ExpertsSeveral analysts said the deal price signalled stagnant revenue growth as a key reason for the union, which provides a backdoor listing for...
- Happiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare pushAshok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research...
- Happiest Minds rules out job cuts after merger with ITC InfotechAddressing a press conference after the merger announcement, top executives of the Bengaluru-based firm said that the ITC leadership has sp...
- ITC Infotech to merge with Happiest Minds, buy 22% promoter stake for Rs 1,330 croreITC Infotech will merge with Happiest Minds Technologies creating a significant IT services entity. This merger aims to establish an AI-fir...
- ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to mergeET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported detai...
- ITC Infotech set to acquire Happiest Minds, eyes backdoor listingITC Infotech is set to acquire a controlling stake in Happiest Minds Technologies from founder Ashok Soota for Rs 2,800-2,900 crore, people...
- Happiest Minds Technologies shares fall 6% as reports suggest ITC Infotech may buy promoter stakeHappiest Minds Technologies shares fell 6.16% after reports that ITC Infotech may acquire a 22% promoter stake. The stock settled at Rs 420...
- Coforge launches private equity business unit for private equity sectorPowered by Coforge Nuuron, its AI operating system and enterprise autonomy platform, Coforge’s PE business unit aims to combine technology,...
- Lone warriors! How two mid-tier tech stocks rewarded investors in Rs 10 lakh crore IT crash this yearIndian IT stocks have seen significant value erosion this year. However, Coforge and LTM have shown resilience and growth. These companies ...
- Happiest Minds logs 9% YoY rise in Q2FY26 net profit; revenue increases 10%Per CEO Joseph Anantharaju, the BFSI segment faced a slight blip because of the Arttha deals, but the mid-tier IT firm expects that to get ...
- IT firm Happiest Minds reports growth in BFSI verticalHappiest Minds experienced a 540 basis point increase in its BFSI vertical, influenced by the acquisitions of Aureus and PureSoftware. Thes...
- Happiest Minds makes third acquisition for $8.5 millionThis is the third acquisition for the Bengaluru-based IT services firm in FY25 so far with two acquisitions PureSoftware Technologies and M...
- Happiest Minds to acquire PureSoftware Technologies for Rs 779 croreHappiest Minds Technologies Ltd to acquire PureSoftware Technologies for USD 94.5 million, focusing on enhancing domain capabilities in BFS...
- Happiest Minds acquires Pimcore Global Services for $8.25 millionThe acquisition will further strengthen Happiest Minds' offerings and leadership in the digital transformation space.
- Happiest Minds acquires OSSCubeThe latest acquisition will expand the company's portfolio of transformative offerings in the consulting-led digital space, especially arou...
- Happiest Minds Buys US firm OSSCube for undisclosed amountOSSCube’s chief executive Lavanya Rastogi will be heading the digital transformation services unit for Happiest Minds, the firm’s chief exe...
- Happiest Minds acquires IoT company Cupola TechnologyThe company had been scouting for acquisitions in the IoT domain after it hit profitability last year.
- IT firm Happiest Minds scouts for acquisitionsHappiest Minds, which hit profitability last year, is aiming to become the fastest IT services firm to reach USD 100 million in revenues. I...
- IT services firm Happiest Minds actively scouting for acquisitions in USThe US market contributes 65% of the India headquartered firm's revenues, with the UK and India contributing about 20 and 10% respectively.
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