Captive Buyout

Deals/Contracts/Partnerships

• 1

  Globant and LaLiga reach an agreement to create a global technology company to reinvent the Sports and Entertainment Industry

  Q4(Oct-Nov-Dec), 2022

• 2

  Cyient has opened a new COMPETENCY Unit at Bosch in Bangalore, as an extension of its strategic partnership with Bosch Global Software BGSW.

  Q4(Oct-Nov-Dec), 2022

• 3

  Accenture Intends to Acquire Stellantis? World Class Manufacturing Training & Consulting Business in Italy

  Q3(Jul-Aug-Sep), 2022

• 4

  ITC Infotech will acquire a portion of PTC 's PLM implementation services business and create a new business unit, called DxP Services focused on the PLM software as a service (SaaS).

  Q2(Apr-May-Jun), 2022

• 5

  Etteplan acquires Cognitas from Canon and becomes a market leading company in technical documentation in Germany.It has an annual turnover around EUR 15 million with 200 professionals.

  Q1(Jan-Feb-Mar), 2022

• 6

  This is an interesting captive buyout. McDonald's sold its McDonald's Tech Lab to IBM and signed a long-term deal with IBM to help its automate its drive-thru lanes. McDonald acquired Apprente in 2019 and formed McDonald's Tech Lab for driving automation. Now it is hiving it off.

  Q4(Oct-Nov-Dec), 2021

• 7

  Singtel's captive acquisition by Infosys in Malaysia for Singapore $6 million. 2021 revenue is 67.4 million Malaysian Ringgit. A good move by Infosys to augment its Telecom presence in SEA.

  Q4(Oct-Nov-Dec), 2021

• 8

  Capgemini will take over Nortura's subsidiary Matiq with all employees - about 100 people - and underlying agreements, from the third quarter of 2021. Capgemini will be Nortura's service provider for IT services for 10 years.

  Q3(Jul-Aug-Sep), 2021

• 9

  A carveout transaction in plant engineering services. Wärtsilä Energy transfers certain activities to Citec Group in Finland.

  Q3(Jul-Aug-Sep), 2021

• 10

  Stora Enso’s subsidiary Efora Oy will outsource its Veitsiluoto Mill Engineering operations to Etteplan. The entire Engineering team will transfer to Etteplan. It strengthens Etteplan’s position and capabilities in smart factory maintenance engineering

  Q2(Apr-May-Jun), 2021

• 11

  Infosys signs a large engineering service deal with Rolls-Royce including transition of significant portion of Bengaluru captive center.

  Q4(Oct-Nov-Dec), 2020

EIIR Provider Solutions/Capabalities

• 1

  Deutsche Bank to sell a technology business unit with 1500 employees to TCS. The price tag of the deal is symbolic Euro.

  Q4(Oct-Nov-Dec), 2020

• 2

  Kalmar outsources part of its crane engineering operations in China to Etteplan – Etteplan opens its ninth office in China to Taicang.

  Q4(Oct-Nov-Dec), 2020

• 3

  TCS acquires Pramerica Services Unit from Prudential.

  Q4(Oct-Nov-Dec), 2020

EIIR Buyer GIC/R&D Best Practices/Solutions

• 1

  Ericsson will shut its R&D centre in Nanjing, one of five research centres in China, and transfer 630 employees to Finnish software provider TietoEVRY, which agreed to hire the staff.

  Q3(Jul-Aug-Sep), 2021

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