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SoftBank inks definitive pact to buy ABB

SoftBank inks definitive pact to buy ABB's robotics business for $5.37 billion

09 Oct 2025, 17:40 PM

The acquisition is expected to close in mid-2026 or later that year.

OpenAI acqui-hires Xcode coding assistant Alex

OpenAI acqui-hires Xcode coding assistant Alex

08 Sep 2025, 11:33 AM

The acquisition of Alex fits into OpenAI's broader strategy of building a comprehensive developer tools ecosystem.

Amazon receives RBI nod for Axio acquisition

Amazon receives RBI nod for Axio acquisition

04 Sep 2025, 17:32 PM

Amazon had first invested in Axio (formerly Capital Float) in 2018, injecting $22 million at about $350 million valuation.

OpenAI to acquire product testing startup Statsig

OpenAI to acquire product testing startup Statsig

04 Sep 2025, 00:02 AM

As part of the deal, Statsig's CEO Vijaye Raji will step into a new role as CTO of Applications⁠, reporting to Fidji Simo.

Vertiv acquires Generative AI software firm Waylay

Vertiv acquires Generative AI software firm Waylay

01 Sep 2025, 15:11 PM

The acquisition is part of Vertiv's continued investment in AI-driven monitoring and control technologies.

Capgemini to buy WNS for $3.3 billion in Agentic AI push

Capgemini to buy WNS for $3.3 billion in Agentic AI push

07 Jul 2025, 18:09 PM

Aiman Ezzat, CEO, Capgemini, underlined that enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end.

UGRO Capital to acquire Profectus for $162 million

UGRO Capital to acquire Profectus for $162 million

17 Jun 2025, 20:56 PM

The acquisition is expected to add around Rs 150 crore of annualized profit to UGRO.

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Who Reads Us

Fintech Highlights

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  2. UPI in March: Marketplaces, family clothing shops post over 20% growth

  3. KRAFTON, Naver partner with Mirae Asset to launch Rs 6,000 cr India growth tech fund

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AI/Emerging Tech

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  2. Apple names John Ternus CEO as Tim Cook becomes executive chairman

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  5. GobbleCube raises Series A funding led by Susquehanna

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IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

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Money & Machines

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PE/VC Tales

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  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet

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