M&A Deal Summary

Telus Digital Acquires Playment

On July 6, 2021, Telus Digital acquired internet software and services company Playment

Acquisition Highlights
  • This is Telus Digital’s 1st transaction in the Internet Software and Services sector.
  • This is Telus Digital’s 1st transaction in India.

M&A Deal Summary

Date 2021-07-06
Target Playment
Sector Internet Software and Services
Buyer(s) Telus Digital
Deal Type Add-on Acquisition

Target

Playment

Bangalore, India
Playment is a provider in data annotation and computer vision tools and services specialized in 2D and 3D image, video and LiDAR (light detection and ranging) - a remote sensing method that uses laser pulses to measure variable distances. Playment was founded in 2015 and is based in Bangalore, India.

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Buyer(S) 1

Buyer

Telus Digital

Vancouver, British Columbia, Canada

Category Company
Founded 2005
Sector Information Technology
Employees78,569
Revenue 2.7B USD (2024)
DESCRIPTION

TETelus Digital is a provider of customer service, IT, and business process services to industry leaders across the telecommunications, utilities, high tech, gaming, finance, retail, e-commerce, travel and logistics, and health care sectors. Telus Digital was founded in 2005 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 6 of 7
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 7
Country: India M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-12 Agrian

Clovis, California, United States

Agrian provides users access to database for crop protection worldwide. Agrian was founded in 2004 and is based in Clovis, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-27 WillowTree

Charlottesville, Virginia, United States

WillowTree is a provider of digital strategy, user experience design, and app development services for a wide range of Fortune 500 companies. WillowTree is a mobile strategy, UX design, and app development services company whose focus is to bridge the highest level of consumer user experience with enterprise-grade deployments and security. WillowTree was founded in 2007 and is based in Charlottesville, Virginia.

Buy $1.2B