Infowave Software Acquires HiddenMind Technology Assets

Happiest Minds Technologies to Merge with ITC Infotech in AI-First Global Technology Services Deal

September 1, 2026

IT Services

Happiest Minds Technologies and ITC Infotech signed definitive agreements to combine their businesses via a share swap to create an AI-first global technology services enterprise. ITC Infotech will acquire an aggregate minority stake of about 22.1% in Happiest Minds (₹1,330 crore total consideration), with Happiest Minds shareholders receiving 25 ITC Infotech shares for every 81 Happiest Minds shares; ITC Limited is expected to own about 73.4% of the merged company.

Happiest Minds Technologies Acquires PureSoftware Technologies for $94.5M

April 25, 2024

IT Services

Happiest Minds Technologies Limited has signed definitive agreements to acquire 100% of PureSoftware Technologies Private Limited for US$94.5 million (₹779 Crores), comprising an upfront payment and deferred consideration tied to FY25 performance targets. The acquisition (PureSoftware: ~1,200 employees; FY24 revenue ~US$43M) strengthens Happiest Minds' digital engineering, BFSI and healthcare capabilities and expands its geographic presence including the USA, UK, Mexico and several APAC and African offices.

beaconsmind AG Acquires Wi-Fi Hotspot & Location-Based Marketing Provider Socialwave GmbH

March 31, 2023

Marketing & Advertising

beaconsmind AG has agreed to acquire 100% of the shares of Socialwave GmbH as a bolt-on extension of its B2B location-based marketing business. The EUR 10 million purchase price will be funded via low-coupon debt, cash, and 350,000 newly issued beaconsmind shares to Socialwave’s founders, with closing expected in late April.

Two Sigma Acquires Hivemind Technologies' Software Platform

August 24, 2022

Data & Analytics

Two Sigma acquired the Hivemind software platform from Hivemind Technologies Limited to integrate Hivemind's automation and distributed human-intelligence capabilities into Two Sigma's data engineering platform. The deal included transfer of the software platform and several Hivemind data science and engineering team members joining Two Sigma's London office; Hivemind's shareholders include Winton Group, Fidelity International Strategic Ventures and Barclays.

Hyperice Acquires Core to Create New Mind Technology Division

July 27, 2021

Consumer Products

Hyperice has acquired Core, a mental wellness company that produces a handheld meditation trainer and companion app, and will fold the business into a newly created Mind Technology Division. Core founder Sarah McDevitt will lead the division while co‑founder Brian Bolze joins Hyperice as Director of Software Engineering; the acquisition expands Hyperice’s product scope from physical recovery into mental wellness.

Infowave Software Acquires Telispark

January 8, 2004

Software

Infowave Software (TSX: IW) has entered into an agreement to acquire control of Telispark Inc., a provider of enterprise mobility applications, for US$8.4 million payable primarily in Infowave common shares. The deal gives Infowave the remaining Telispark shares (after an initial ~76% purchase) subject to closing conditions; Deloitte Consulting L.P., the largest Telispark shareholder, will hold ~19% of Infowave upon closing. The acquisition expands Infowave's enterprise mobile application capabilities and strengthens its offering into verticals such as Energy, Utilities and Government.