Image via Tech in Asia
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NTT Data: Ma Activity
NTT Data acquiring WinWire, a Microsoft partner specializing in Azure AI and cloud-native development with delivery centers in India
Source: Tech in Asia
The leadership read
Consolidation of this kind shifts demand toward integration and transformation leadership bench strength in the sector.
Market context: Backdrop: a 107.9 (Hot) Talent Market Index (up 2.4 on the month) with Asia activity steady (+1.2pts).
NTT Data: 2 signals in the last 90 days; 0.2% of MitchelLake's Asia signal flow; 2 tracked across 38 days.
Also at NTT Data →
More signals across Asia
Ma Activity · Asia
Fairfax →Fairfax is an active bidder in the accelerated IDBI Bank stake sale process in India.
Ma Activity · Asia
Viatris →Viatris-owned Mylan is divesting its 5.64% stake in Biocon (Indian pharmaceutical company) through a block deal, signaling an exit from the investment.
Ma Activity · Asia
SoftServe →SoftServe acquired NewVision Software, an India-based technology firm specializing in agentic assurance and intelligent managed services
Ma Activity · Asia
Stack Infrastructure →Stack Infrastructure (Blue Owl-owned) secured 864MW data centre client contract and has potential acquirer preparing bid; company is evaluating $25B+ APAC sale
Ma Activity · Asia
Marex →Marex is acquiring Bright Point International to expand its presence in Asia
Ma Activity · Asia
upGrad →upGrad completed CCI-approved acquisition of Unacademy for ₹2,055 Cr (~$218M), an all-stock deal valued 90% below Unacademy's peak. This is part of upGrad's consolidation strategy; the company has acquired 6+ companies since 2022 and recently turned profitable (₹38 Cr PAT in FY26 YTD). Unacademy acquisition will add ~₹500 Cr to consolidated revenue and expand upGrad into K12 and exam prep segments.
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