M&A Digest

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A look at Mergers and Acquisitions in B2B this week…

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Saksoft Limited, a leading digital transformation company, today announced that it has signed an agreement to acquire majority stake in Bengaluru based DreamOrbit Softech Private Limited (technology solution consulting firm with a focus on providing IT services to the Logistics Industry). With this acquisition, Saksoft will further strengthen its offerings in the Digital space with special emphasis on IoT.

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Turbo Global Partners, trading as Dibz International, Inc., closed the acquisition of Auto Newswire, Inc., the largest Hispanic media group in the automotive industry.

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ACRE, LLC, the holding company that owns Vanderbilt Industries, Mercury Security and recently acquired ACT in Ireland, today announced the acquisition of Communication Networks LLC (dba ComNet), a manufacturer of video and data transmission equipment.

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