Snapdeal.com acquires Freecharge.in

E-commerce company, Snapdeal, announced yesterday its acquisition of Freecharge, a Mumbai- based mobile recharge platform. The numbers were not officially disclosed, but unnamed sources gave a ballpark figure of $400 million and said the acquisition is based on a cash and stock transaction. In days past, the media had reported …

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Infosys acquires Panaya, Inc. for $200 million

Infosys (NYSE: INFY) today announced a definitive agreement to fully acquire Israeli company Panaya, Inc., a provider of automation technology for large scale enterprise software management, in cash, for an enterprise value of $200 million. The company, which has been beleagured by leadership failure in recent years, says that the …

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IT giant Synechron acquires Team Trade

Synechron, a global IT company that specializes in the financial services industry, today announced that it has acquired Team Trade, a Paris-based company focused on software integration and business consulting. Synechron says the acquisition will strengthen its consulting and systems integration expertise, while expanding its presence in the European market. …

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