Market Analysis

IT Services/BPO merger and acquisition activities monthly snapshot—January 2022

Home » Research & Insights » IT Services/BPO merger and acquisition activities monthly snapshot—January 2022

  • CACI International acquired ID Technologies for $225 million, expanding its secure network modernization capabilities and further strengthening its scope of services in the US public sector.
  • Deloitte Consulting acquired Dextra Technologies to enhance its market-leading product engineering transformation capabilities, extending its offering to accelerate the digital transformation from standalone products into smart connected platforms.
  • EPAM acquired Enginiety, a commerce technology provider, expanding its capabilities to deliver end-to-end solutions for designing and building sophisticated commerce platforms.
  • Genpact, with the acquisition of Hoodoo Digital, is enhancing Rightpoint’s Adobe capabilities, bolstering its experience business, and helping its clients manage content, commerce, and marketing operations across the enterprise, driving smarter insights and more strategic impact.
  • The acquisition of Starschema by HCL Technologies will enhance its data engineering capabilities and strengthen its footprint in Central and Eastern Europe. With this acquisition, HCL plans to deliver data engineering consulting and near-shore access to digital engineering services to a wide base of clients.
  • With the acquisition of Diversify, an Australian value-added BPM service provider, HGS expands its geographical presence to the Australia and New Zealand region. This acquisition adds 1,100+ domain experts and four delivery centers in the Philippines, bolstering HGS’ portfolio of back-office and non-voice business.
  • IBM acquired Envizi to expand its growing sustainability practice and help clients create more resilient and sustainable operations and supply chains.
  • Tech Mahindra invested to expand its offerings for high-end digital engineering services by acquiring Com Tec Co IT for €310 million ($ 343 million). This acquisition will also strengthen its foothold in the insurance and financial services market.
  • SAP acquired working capital management company Taulia, enhancing its offering in the supply chain finance space.
  • Google acquired Siemplify, a security orchestration, automation, and response (SOAR) tool, to bolster its cybersecurity capabilities.
  • Microsoft completed an expensive deal when it acquired Activision Blizzard for $70 billion. This acquisition will accelerate growth in Microsoft’s gaming business across mobile, PC, console, and cloud and will provide building blocks for the metaverse.

Sign in to view or download this research.

Login

Register

Insight. Inspiration. Impact.

Register now for immediate access of HFS' research, data and forward looking trends.

Get Started

Logo

confirm

Congratulations!

Your account has been created. You can continue exploring free AI insights while you verify your email. Please check your inbox for the verification link to activate full access.

Sign In

Insight. Inspiration. Impact.

Register now for immediate access of HFS' research, data and forward looking trends.

Get Started
ASK
HFS AI