Etteplan To Acquire Semcon to Gain Scale Etteplan, the ER&D services vendor headquartered in Espoo, Finland,
Cyient Completes Largest Acquisition Ever with Citec
Cyient made its largest acquisition ever with Citec. Citec is headquartered in Vasa, Finland. The company provides primarily power plant engineering services.
Bertrandt (Modestly) Shifts its Portfolio to Digital with Philotech
Bertrandt announced its first acquisition in years: Philotech will help the firm to (modestly) shift its portfolio. The company had an estimated EUR40m in revenues and is headquartered in Taufkirchenn, close to Munich, Germany.
Semcon Spins Off Its PI Unit To Increase Shareholder Value
Semcon To Spin Off Product Information (PI) Semcon will spin off its Product Information (PI) unit and
Segula Acquires the Automotive Engineering Unit of Safran in Spain
French ER&D service vendor, Segula Technologies, acquired the automotive unit of Safran Engineering Services in Valladolid, Spain. The acquired unit is small (with a headcount of 81 engineers). It mostly services Renault.
Accenture Acquires in PLM Services with A PTC Specialist
Accenture made a rare acquisition in PLM services for its Industry X.0 unit. The company is to acquire a Torino-headquartered PTC partner, PLM Systems. PLM Systems is a small firm and has 30 consultants
Akka Acquires Data Respons and Makes its Most Expensive Acquisition Ever
In a November blog, we had mentioned that Akka had issued €175m in convertible bonds. Akka
Belcan Acquires in Software Engineering
Belcan strengthened its software engineering capabilities with the acquisition of Base2 Solutions, a firm headquartered in Bellevue, WA and with an office in California. Base2 has a similar client base to Belcan, with major clients including Boeing, Thales, and L3Harris in aerospace and defense.
Assystem acquires ASCO to strengthen its project management capabitilies
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Cognizant to acquire Zenith Technologies and strengthens its MES capabilities for the life science industry
Cognizant has been making more headlines in ER&D services, recently. Last month, we had mentioned its
Wipro makes surprise acquisition. Acquires a CAD/PLM data integration specialist
We had to look back into our database to identify when Wipro had, for the last time, acquired an ER&D service vendor. In 2005-2006, Wipro acquired three ER&D services (Saraware, NewLogic, and Quantec) around semi-conductors and PLM services. And then, nothing for the following thirteen years.
KPIT returns to the stock market
Last week, KPIT Technologies, returned to India’s BSE and NSE. The company now has a market cap of approximately USD 410m with its share was introduced at a price of INR 99 and traded in the past few days between INR 103 and INR 115. KPIT has succeeded in its IPO and is now an ER&D service pure-play having sold its IT services business to Birlasoft.
Accenture makes a further acquisition for Industry X.0, in Germany
Accenture continues to deploy its M&A strategy and has made its fifth acquisition for Industry X.0. The company acquired Zielpuls, an ER&D vendor servicing the German automotive industry. Zielpuls is an embedded systems specialist.
NelsonHall: DXC Bets $2bn on Recovery of Luxoft to Boost its Digital Capabilities
NelsonHall has published a new blog about this week’s big news: the acquisition by DXC Technology of Luxoft.
QuEST: Growth Ambitions in Germany
QuESTGlobal Services has big ambitions in Germany, where it intends to double its headcount in the
Thoughts about KPIT’s Engineering Business
As you probably know, KPIT, a relatively small IT and ER&D service vendor is engaged in
Belcan’s Owner, AE Industrial Partner, Makes Government Services Acquisition for CDI Corp
The owner of Belcan, private equity funds AE Industrial Partner, has acquired Gryphon Technologies, a U.S.
Spotlight on Akka’s activities in Germany
This week, Akka presented its H1 2018 results. Much of the discussion during the presentation revolved
Akka Takes Full Ownership of MBTech
Akka Technologies has finalized the full ownership of MBTech, up from a 65% stake. MBTech is
Accenture’s Busy ER&D Summer. Set to Re-shape the Industry
Accenture had a busy summer, making three tuck-in acquisitions to its recently-created new Industry X.0 unit
Segula Continues to Acquire in Automotive ER&D: Strengthens Plastics Engineering Capabilities with Activetech
Segula Technologies has acquired Activetech, a plastics engineering firm based in Caen, France. The company serves
What Is Assystem Up To? Part 2: ET&I
EDAG to Acquire a German Automotive Specialist for its Electrics/Electronics Unit
UPDATED Press reports: PSA Considering Selling 25% to 50% of its Opel R&D Activities
HCL Tech Makes an Acquisition in the German Automotive Industry
The star of ER&D services, HCL Tech, has acquired Hönigsberg & Düvel Datentechnik GmbH (H&D), a