Thoughtworks Holding, Inc. - Common Stock (TWKS)

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, today announced the completion of its acquisition by affiliates of certain investment funds advised by Apax Partners LLP (“Apax Funds”).

Thoughtworks Holding, Inc. (NASDAQTWKS) ("Thoughtworks" or the "Company"), a leading global technology consultancy, today reported results for the third quarter of 2024.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today released volume 31 of the Technology Radar, a biannual report informed by Thoughtworks’ observations, conversations and frontline experiences solving its clients’ most complex business challenges.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, today announced it was positioned in the Visionaries Quadrant in the 2024 GartnerⓇ Magic Quadrant™ for Custom Software Development Services, Worldwide.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, announces a pioneering collaboration with Swann to develop SwannShield™ – an innovative AI-powered home security voice assistant. A leading global provider of security monitoring, consumer electronics and security-centric solutions, Swann empowers people to protect and stay connected to their home or business no matter where life takes them.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, today announced a strategic collaboration with AI Singapore (AISG) to drive innovation to help make GenAI reliable through developing novel methods, tools and best practices that meaningfully evaluate GenAI applications. The unique challenges of GenAI, stemming from its reliance on massive datasets and complex algorithms, pose a significant threat to its widespread adoption.

SAN DIEGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating the acquisition of Thoughtworks Holding, Inc. (NASDAQTWKS) by an affiliate of funds advised by Apax Partners LLP, which will purchase all of the outstanding shares of Thoughtworks common stock that they do not already own.   

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, joined Australian Payments Plus (AP+), Australia’s domestic payments organization operating the BPAY, eftpos and NPP payment schemes), to develop new customer experience (CX) industry guidelines for PayTo.

Shareholder rights law firm Robbins LLP is investigating the acquisition of Thoughtworks Holding, Inc. (NASDAQTWKS) by an affiliate of funds advised by Apax Partners LLP, which will purchase all of the outstanding shares of Thoughtworks common stock that they do not already own.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, has started a strategic partnership with UK-based cybersecurity startup Advanced Cyber Defence Systems (ACDS) by providing Thoughtworks DAMO™ AI-powered application managed services. Thoughtworks has been engaged to assess and advise on how to best advance the digital capabilities of ACDS' product offerings, particularly in the Continuous Threat & Exposure Management (CTEM) and Attack Surface Management (ASM) spaces, and evolve and transform its offerings to help enterprises proactively get ahead of attackers to mitigate cyber exposures.

SAN DIEGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating the acquisition of Thoughtworks Holding, Inc. (NASDAQTWKS) by an affiliate of funds advised by Apax Partners LLP, which will purchase all of the outstanding shares of Thoughtworks common stock that they do not already own.   

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, today announced partnering with ConnectingYouNow (CYN), a U.K.-based digital technology company, to help enterprises drive greater operational efficiency with automation and optimization to increase customer satisfaction and reduce costs across the technology portfolio. The joint offering is part of Thoughtworks’ AI-powered DAMO™ Managed Services and is unique because it provides intuitive tools for intelligent automation and predictive analytics by integrating CYN’s highly secure Enterprise AI Hub.

Kaskela Law LLC announces that it is investigating the recently announced proposed buyout of Thoughtworks Holding, Inc. (“Thoughtworks”) (NASDAQTWKS) stockholders.

NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

BALA CYNWYD, Pa., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

BALA CYNWYD, Pa., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, has been named a winner of a 2024 CSO Award from Foundry’s CSO for the second consecutive year. This prestigious honor is bestowed upon a select group of organizations that have implemented security projects and initiatives demonstrating outstanding business value and thought leadership.

Kaskela Law LLC announces that it is investigating the recently announced proposed buyout of Thoughtworks Holding, Inc. (“Thoughtworks”) (NASDAQTWKS) shareholders.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Thoughtworks Holding, Inc. (NasdaqGS: TWKS) to affiliates of its majority shareholder, Apax Partners LLP. Under the terms of the proposed transaction, shareholders of Thoughtworks will receive $4.40 in cash for each share of Thoughtworks that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate and fair to minority shareholders, and whether the consideration undervalues the Company.

BALA CYNWYD, Pa., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Thoughtworks Holding, Inc. (NASDAQTWKS) to affiliates of its majority shareholder, Apax Partners LLP, for $4.40 per share in cash is fair to minority shareholders.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Thoughtworks Holding, Inc. (“Thoughtworks” or “the Company”) (NASDAQTWKS) for potential breaches of fiduciary duty on the part of its directors and management.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering, today announced that it has entered into a definitive merger agreement pursuant to which an affiliate of funds advised by Apax Partners LLP (“Apax” and such funds, the “Apax Funds”) will purchase all of the outstanding shares of Thoughtworks common stock that they do not already own, for $4.40 per share, which implies a total enterprise value of approximately $1.75 billion for Thoughtworks. A special committee (the “Special Committee”) of the Board of Directors of Thoughtworks (the “Board”), composed entirely of independent and disinterested directors and advised by its own independent legal and financial advisors, unanimously recommended that the Board approve the transaction and determined it was in the best interests of the Company and its stockholders that are not affiliated with Apax. Acting upon the recommendation of the Special Committee, the Board subsequently unanimously approved the transaction. The purchase price represents a 30% premium to Thoughtworks’ closing stock price on August 2, 2024, the last full trading day prior to the transaction announcement, and a premium of approximately 48% over the volume weighted average price of Thoughtworks’ stock for the 30 days ending August 2, 2024.

Thoughtworks Holding, Inc. (NASDAQTWKS) ("Thoughtworks" or the "Company"), a leading global technology consultancy, today reported results for the second quarter of 2024.

Thoughtworks (NASDAQTWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, will report financial results for the second quarter of 2024 on Tuesday, August 6, 2024 before market open. Following the release of results, Thoughtworks will host a conference call at 8:00 a.m. ET to discuss its financial results with the investment community.