Mid-size IT firms gear up for acquisitions to use cash, boost skillsThe mid-tier companies are looking to gain specific skills or geographic presence through acquisitions
Add Hexaware Technologies, target price Rs 330: ICICI SecuritiesValuation of 14 times CY21E EPS is reasonable but the brokerage downgraded the stock to add as it reset target multiples across coverage.
Mid-tier IT braces for impact as clients suspend operationsMid-tier technology services companies, such as NIIT Tech, Sonata Software, Mindtree and Hexaware, will see revenue drop in the year ahead ...
Midsize IT sees big digital deals as focus shifts to core“To do a digital transformation, it is not sufficient to transform only the front-end, you need to reach back and transform the core,” said...
Hexaware stock under pressure as client troubles slow ordersEarnings guidance reduced to 17-18% from 19% after Q3 results; on the positive side, revenue from its acquisitions and growth from other ve...
Hexaware net profit up 6.7% in Q3The company reported new wins worth $28 million during the quarter.
Hexaware Q1 profit falls 1.4% to Rs 151 croreRevenues for the period were up 15.1% at Rs 1308.3 crore.
IT service companies are buying niche firms to grow in emerging areasWhile ITI should add value to Wipro’s digital engineering and manufacturing services, Mobiquity — which counts Amazon Web Services, Philips...
Hold Hexaware Technologies, target Rs 360: Edelweiss SecuritiesHexaware Technologies is a midcap company, operating in information technology sector.
Hexaware buys Mobiquity for $182 millionHexaware will pay $131 million in cash and the balance $51 million would be paid based on earnouts, the company said in a filing to the sto...
Hexaware Technologies jumps 4% after acquiring MobiquityHexaware Technologies announced the acquisition of Mobiquity Inc for about $182 million.
Hexaware acquires Mobiquity Inc for $182 mnR Srikrishna, CEO, Hexaware Technologies said “Hexaware enters an exciting new phase of growth and capability with the acquisition of Mobiq...
Offline-to-online retail discovery platform Appie raises bridge round of $1 millionWhile the terms of the transaction were not disclosed, the startup will use the proceeds to acquire 10,000 retailers across three cities.
Mahindra Comviva launches Digital Wallet solutionWith this offering, Comviva is looking to offer security, ease of use and rich features to the customers of banks, telecom operators and re...
- After big bids, it's 3G classes
Companies offering a whole range of services are preparing the ground for the next big telecom opportunity, 3G.
Bharti Telesoft bullish on mobiquityBharti Telesoft provides m-commerce solutions called mobiquity for Bangladesh's Grameen Phone.