A look at Mergers and Acquisitions in B2B this week…
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.
Turbo Global Partners, trading as Dibz International, Inc., closed the acquisition of Auto Newswire, Inc., the largest Hispanic media group in the automotive industry.
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.