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WORKDAY ACQUISITION
Silver Lake in talks to buy Workday, sources saySilver Lake and the human-resources and financial management software company have held discussions about a potential deal in recent month...- Workday to acquire AI firm Sana for $1.1 billionWorkday announced plans to acquire AI firm Sana for about $1.1 billion. The deal underscores Workday’s push to embed generative AI into its...
- Pentagon risks wasting $800 million as Trump administration cancels two HR software projectsUnder Trump's administration, the Navy and Air Force are halting nearly completed HR software projects, costing over $800 million, to poten...
- Reliance launches 'Raskik' after fizzing up market with revival of Campa ColaReliance Consumer Products Limited has entered the rehydration market with the launch of RasKik Gluco Energy, a drink combining electrolyte...
- PE Fund Multiples looks to sell HR Co PeopleStrong at Rs 1,500 crore valuationRenuka Ramnath-led Multiples Alternate Asset Management plans to sell its majority stake in HR platform PeopleStrong, valued at ₹1,300-₹1,5...
- Persistent Systems buys US software firm Starfish Associates for Rs 173 crorePersistent Systems said in a statement, "Known for its cutting-edge Enterprise Communications automation platform, Starfish Associates cate...
- Salesforce plummets 18% as weak forecast sparks concerns of AI competitionSalesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest ra...
- Vishal Garg-led Better.com fires thousands of workers in US, India in mass layoffThe company apparently forgot to change the date on its accompanying Workday app and employees reportedly saw severance cheques appearing i...
- UST acquires ServiceNow business of abhra, IncThis acquisition would help UST customers in adopting the matured capabilities of the platform, increasing user adoption, and thereby maxim...
- Cognizant to acquire cloud consultancy Collaborative SolutionsThe transaction is expected to close in the second quarter of 2020. This is Cognizant’s fourth acquisition of a cloud services related busi...
- Cognizant CEO sees a rainmaker in hybrid cloud“We’re doubling our investment in cloud year-over-year. We want to grow faster and have stronger relationships with Microsoft, Amazon, Goog...
- Appirio, a Wipro company, opens office in PortugalApart from Porto, Appirio has offices in Amsterdam, Dublin, London, Paris, and Stockholm.
- Accel tells startups to cut disdain for traditional companiesLast year, tech companies cut their spending on venture-backed startups to $18.3 billion, while non-tech companies spent $17.6 billion on v...
- Wipro beats Street estimates on revenues; Q2 PAT at Rs 2,070 croreOn a quarter-on-quarter basis , profit grew 0.80 per cent compared with Rs 2,052 crore reported for the June quarter.
- Wipro disappoints with Q3 guidance for 2% growthFor the quarter ending December 31, Wipro said it expects to generate IT services revenue of $1.92 billion to $1.95 billion, implying a gro...
- Wipro to buy Appirio cloud services for $500 million, acquisition expected to be completed in DecemberAppirio CEO Chris Barbin will lead the expanded business, Wipro said in an announcement. The deal is Wipro's second biggest acquisition.
- Wipro may have acquired US firm Appirio for over $400mWipro did not respond to requests for comment till the time of going to print. TOI left voice messages on Appirio's calling system, but the...
- Bengaluru-based grocer Town Essentials raises $1 million in fresh round of fundingTown Essentials, a Bengaluru-based full-service grocer that supplies to both institutions and consumers, has raised $1 million (about Rs 6....
- Town Essentials secures Rs 6.7 crore fresh angel fundingThe company has launched a new platform called Morning Drop that will focus on subscription-based products such as milk, bread and eggs.
- Premji Invest backs California-based enterprise Co ZuoraZuora had last raised $50 million from investors like Vulcan Capital, Greylock Partners, Index Ventures and Redpoint Ventures in September ...
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