EIIR Provider Solutions/Capabalities
Tietoevry has signed an agreement to sell its wood supply software business to Vela Software.
Ricardo divests its Software business unit to FOG Software Group, a division of Constellation Software. Ricardo Software generated revenue of ?9.3 million and underlying operating profit of ?1.8 million for its financial year ended 30 June 2022.The maximum cash consideration receivable is $20.5 million (?16.8m).
Cyient Signed a definitive agreement with Innovation Communications Systems Limited (ICS) to hive off the Software Design Radio (SDR) division of the Company to ICS.
EIIR Buyer GIC/R&D Best Practices/Solutions
IBM to sell the data and analytics assets from its Watson Health business to investment firm Francisco Partners