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Technology Fortnightly – Tech Mahindra to acquire Lodestone and WMW

31 Oct, 2021

In this fortnightly, we discuss about Tech Mahindra's acquisitions of Lodestone and WMW. On 25 October 2021, Tech Mahindra announced the acquisitions of Lodestone, a US-based digital engineering services provider and WMW, a UK-based, Shopify-focused ecommerce agency for $105m and $13m, respectively. Lodestone strengthens Tech Mahindra’s end-to-end product quality assurance capabilities especially in data strategy and machine learning. The acquisition of WMW aligns with Tech Mahindra’s plan to build a market-leading Shopify consulting practice and deepens its capabilities in experience design.

Technology Fortnightly – Accenture to acquire BRIDGEi2i

15 Oct, 2021

In this fortnightly, we discuss about Accenture's acquisition of BRIDGEi2i. On 11 October 2021, Accenture announced the acquisition of BRIDGEi2i, a Bangalore-headquartered data analytics and AI company. The acquisition scales the global capabilities of Accenture’s Applied Intelligence practice with the addition of over 800 experts of data science, machine learning and AI domains. Financial terms of the transaction were not disclosed.

Sign up for The Chesapeake Group's publication of the Technology Services Fortnightly. It provides an overview of recent transactions and public valuations in the information technology services space. In addition, it also covers major developments and articles conveying our view of the digital world.