Zensar Poised To Acquire Mastek in a $900 Million Deal
Zensar Technologies is reportedly close to acquiring Mastek for a deal valued between $850 million and $900 million. The acquisition supports the ongoing trend of consolidation in the IT and IT-enabled services sectors, driven by advances in artificial intelligence and the increasing influence of international consumers, which are refining the vendor landscape. The past year…
Vipin
upGrad to Purchase Unacademy in $300-400 Million Deal
upGrad Education Private Limited is in talks to acquire Unacademy in a deal that could be worth $300-400 million (₹2,800-3,500 crore). “The two companies could sign a term sheet in three weeks”, said a person familiar with the matter. The potential valuation shows a significant decline from Unacademy’s $3.44 billion valuation in 2021, demonstrating how…
