Ascendas Funds Management (S) Limited, in its capacity as the manager of Ascendas Real Estate Investment Trust, has announced the Proposed Acquisition of a portfolio of data centres located across Europe. The portfolio comprises 11 data centres located across the United Kingdom, the Netherlands, France and Switzerland. Mr William Tay, Executive Director and Chief Executive Officer…
The Asian Development Bank’s (ADB) new venture arm, ADB Ventures, has announced its first two investments. Euler Motors has raised $9.4 million in Series A funding with participation by ADB Ventures, Blume, Inventus, and other investors. Smart Joules has raised $4.1 million in its Series A financing led by Sangam and ADB Ventures. Max I.…
L&T Technology Services Limited, a pure play engineering services company, has partnered with Aspen Technology, Inc., a global provide of asset optimization software, to offer a complete suite of digital engineering solutions across global enterprises. “Cloud services is being increasingly adopted by organizations for new projects or to replace existing programs. According to Verified Market…
ServiceNow, a digital workflow company, has announced the latest step in its Europe, Middle East and Africa (EMEA) growth plan with the appointment of Cathy Mauzaize to the role of Vice President, EMEA South. Mauzaize will spearhead ServiceNow’s continued expansion across France, Spain, Italy, UAE and Israel, fostering talent and continuing ServiceNow’s journey to becoming…
InterDigital, Inc., a mobile and video technology research and development company, has announced that William J. Merritt will retire effective April 5, 2021, after 25 years at the company and nearly 16 years as President and CEO. Mr. Merritt will also step down from the company’s Board of Directors. InterDigital has announced the appointment of…
Screwfix the multi-channel retailer aimed at the trade, is planning to open more than 50 stores this year, that will create around 600 new jobs in communities across the UK and the Republic of Ireland (ROI). Of the new stores 40 will be in the UK, creating up to 500 new jobs, with the remaining…
Marriott International’s Board of Directors has announced that it has elected David Marriott, President, U.S. Full Service Managed by Marriott at Marriott International, and Horacio Rozanski, President and Chief Executive Officer at Booz Allen Hamilton, Inc., as directors of the company, effective March 15, 2021. Mr. Marriott and Mr. Rozanski will also be included in…
Ansys has announced that Jim Frankola accepted an appointment to the Ansys Board of Directors, effective March 12, 2021 – bringing with him more than 25 years of business transformation, corporate governance and financial experience. Frankola is the chief financial officer (CFO) of Cloudera, an enterprise data cloud company. He previously served as CFO of…
KKR, a global investment firm, has announced the appointment of Dinesh Paliwal, former Chief Executive Officer of HARMAN International, as a new Partner in KKR’s global private equity business. In this role, Mr. Paliwal will support the Firm in identifying global investment opportunities in the industrial, consumer and automotive sectors, as well as supporting KKR…
Domino’s Pizza Inc., a pizza company based on global retail sales, announced the promotion of Frank Garrido to executive vice president – U.S. operations and support, effective March 15, 2021. Garrido replaces Tom Curtis, who is leaving to pursue another opportunity. Garrido will report to Russell Weiner, Domino’s chief operating officer and president – Domino’s…
Stripe, which builds economic infrastructure for the internet, has raised a $600 million funding round at a $95B valuation. Primary investors include Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, and Ireland’s National Treasury Management Agency (NTMA). The company will use the capital to invest in its European operations, and its…
Aiforia Technologies has appointed Swedbank AB (publ) as their lead financial advisor to explore different financing options, including possibilities for an Initial Public Offering (IPO) by listing the Company’s shares on Nasdaq Helsinki First North. “Aiforia has reached significant milestones in its technology and work in scientific research and drug development since launching its artificial…
USAble Life, a provider of ancillary insurance, has announced the appointment of Michelle Harding as senior vice president, general counsel, and human resources organizational development (HROD). In this role, Michelle will be responsible for directing all legal, compliance, and HROD functions. She will serve as a strategic business partner to senior management, advising on legal…
German automobile manufacturing giant Volkswagen is planning to slash upto 5,000 jobs in Germany by 2023 through an early or partial retirement offer to older employees. “Up to 900 employees would opt for an early retirement scheme while others would leave the company as part of a gradual halting of their activities,” the company informed in a…
ProStar, a provider of Precision Mapping Solutions™ has hired Jason Martschuk as the Company’s Vice President of Sales for Canada. Mr. Martschuk will be responsible for overseeing the sales of ProStar’s patented flagship mobile software application PointMan® for all of Canada. Mr. Martschuk’s responsibilities will be to utilize his extensive experience in sales, engineering, and…