Category Archives: Acquisitions & Mergers

UiPath Acquires Cloud Elements to Deliver Expanded API-Based Automation Capabilities

Leading enterprise automation software company, UiPath announced it has acquired Cloud Elements, a pioneering API integration platform. With this acquisition, UiPath continues to lead innovation in the automation market, this time believed to be the first provider to offer enterprise-grade user interface (UI) and API-based automation capabilities in a single platform. Continue reading UiPath Acquires Cloud Elements to Deliver Expanded API-Based Automation Capabilities

TTEC completes Acquisition of Avtex

Norwest Equity Partners (“NEP”), a leading middle market investment firm founded in 1961, has completed the sale of its portfolio company, Avtex Solutions, a leading end-to-end Customer Experience (CX) solution provider and technology company, to TTEC, one of the largest global technology and services innovators for end-to-end, digital CX solutions. Continue reading TTEC completes Acquisition of Avtex

Microsoft to acquire Nuance Communications for $19.7 billion

Microsoft Corp and Nuance Communications, announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56.00 per share, implying a 23% premium to the closing price of Nuance on Friday, April 9, in an all-cash transaction valued at $19.7 billion, inclusive of Nuance’s net debt. Continue reading Microsoft to acquire Nuance Communications for $19.7 billion

Redwood Technologies Group Acquires Potomac Integration and Consulting, LLC

Redwood Technologies Group, the parent company of leading CX and cloud contact centre solution provider Content Guru, has announced that it has acquired US-based Potomac Integration and Consulting (PIC), a specialist consultancy organization to US federal government agencies. The acquisition is part of the Group’s US expansion drive. Continue reading Redwood Technologies Group Acquires Potomac Integration and Consulting, LLC

TelcoSwitch acquires PBX Hosting Ltd

TelcoSwitch, a leading provider of hosted voice, Unified Communications and compliance solutions, has announced the acquisition of Coventry-based PBX Hosting Ltd. The £4.5 million deal sees TelcoSwitch add a healthy base of 32,000 active users and channel partners to its business, complementing the continuing strong organic growth that makes up the majority of the TelcoSwitch customer base. Continue reading TelcoSwitch acquires PBX Hosting Ltd