Mergers & Acquisitions
Cognizant to Acquire Digital Engineering Firm Belcan for Nearly $1.3 Billion
Cognizant has announced the acquisition of digital engineering firm Belcan for nearly $1.3 billion. Cognizant, an information technology services and consulting company, announced on Monday, June 10, an agreement to purchase digital engineering firm Belcan for almost $1.
Robinhood Acquires Crypto Platform Bitstamp for $200 Million
It is understood that Robinhood is planning to acquire London-based cryptocurrency exchange Bitstamp with a value of $200 million in cash in a move to expedite its global cryptocurrency expansion.
Tech News Portal Gizmodo Acquired by Europe-Based Media Firm Keleops
Swiss and French online tech media company Keleops buys Gizmodo. The tech news site Gizmodo is sold to Keleops, a European online tech-media business with operations in Switzerland and France.
Dr. Pepper Outranks Pepsi as Second Largest US Soda Brand
While Coca Cola has a comfortable lead in the US soda market, Dr. Pepper has been inching forward to second place and toppling Pepsi’s traditional ranking.