Category Archives: Acquisitions & Mergers

Essar announces sale of Aegis to Capital Square Partners

PRESS RELEASE: AGC Holdings Limited (AGC) Mauritius, a wholly owned portfolio company of Essar Global Limited (Essar Global), has entered into a definitive agreement with Capital Square Partners (CSP) to sell 100% of its stake for an undisclosed amount in ESM Holdings Limited, Mauritius, which is the holding company of Aegis, a major global outsourcing company. Net proceeds of this sale will be used to retire Essar’s debt. Continue reading Essar announces sale of Aegis to Capital Square Partners

DXC Technology Launches to Lead Digital Transformations

PRESS RELEASE: DXC Technology, a new organization created by the merger of CSC with the Enterprise Services business of Hewlett Packard Enterprise (HPE), publicly debuted today as the world’s leading independent, end-to-end IT services company. The new company today began trading on the New York Stock Exchange under the trading symbol “DXC.” Continue reading DXC Technology Launches to Lead Digital Transformations

8×8 Acquires Sameroom to Provide Companies with Interoperability across Disparate Team Collaboration Services

8×8 announced its acquisition of LeChat, Inc., the maker of Sameroom™, an interoperability platform that enables cross-team messaging and collaboration in the enterprise. The acquisition catapults 8×8 into an industry-unique position in the team collaboration market by providing interoperability between more than two dozen team collaboration clients as part of the 8×8 Communications Cloud™ (see related press release). Continue reading 8×8 Acquires Sameroom to Provide Companies with Interoperability across Disparate Team Collaboration Services