There is a new accounting regulation, ASC 606, that will accelerate software companies’ ability to recognize revenue and profitability. In an effort to establish principles that mesh with both Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), … Continue reading
Vista Equity Partners made a stunning announcement regarding its UK-based financial software firm, Misys, on Monday as they boldly doubled down on the space and acquired DH Corporation (TSX:DH).
On March 7, 2017, Tech Mahindra Limited (NSEI:TECHM) (“Tech Mahindra”) signed a definitive agreement to acquire CJS Solutions Group, LLC, (aka ”The HCI Group”), a leading healthcare information technology consulting company. The deal values The HCI Group at an enterprise … Continue reading
On February 09, 2017, Deloitte, a global provider of consulting, audit, tax, and financial advisory services, announced it had acquired Red Planet Ventures Limited (“Red Planet”), an innovation strategy and digital consulting firm based in Dublin, Ireland, for an undisclosed … Continue reading
As we described in a recent article, the consulting M&A market was highly active in 2016, with diverse buyers pursuing rapidly growing firms with domain expertise in “hot” horizontals and verticals such as Cloud Services, Healthcare, and Digital Transformation. We … Continue reading
The IoT sector is rapidly evolving and acquirers recognize M&A is a more efficient growth strategy than building the capability organically. Accenture has been on a digital acquisition spree over the last four years. While a number of other IT … Continue reading
Although 2016 started with what initially appeared to be muted M&A activity, we will likely look back on 2016 as a key inflection point for the broad consulting industry. Through an equal combination of both strong volume and values, the … Continue reading
Regulators continue to show aggressive tactics as the Yates Memo guidelines continue to drive prosecutorial strategies. As the 2015 Memo stated, there is an increased effort and focus being placed on individual accountability, as further evidenced by D.A.G. Yates’s comments … Continue reading
While the mass media overuses the term Artificial Intelligence (AI), most experts agree that successful AI will include more than one dominant technology, instead being an evolution of interwoven technological building blocks patterned after Big Data’s technology stack evolution.
Last week, Wipro announced its largest acquisition in history – $500 million for cloud integration firm, Appirio. This acquisition is the second bold blockbuster purchase by Wipro this year; they bought HealthPlan Services in February for $460 million. View the … Continue reading