Sterlite Power, a leading global developer of power transmission, announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil, effective February 1st, 2021. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. According to the…
Pegasystems Inc., the software company that crushes business complexity, has announced its acquisition of Qurious.io, Inc., a cloud-based real-time speech analytics solution powered by artificial intelligence (AI) for customer service teams. Financial details of the deal were not disclosed. Founded in 2016 by Sabrina Atienza, CEO, and George Ramonov, CTO, Qurious.io’s software-as-a-service (SaaS) offering uses…
Essar, which operates one of the downstream energy businesses in the UK, and Progressive Energy, developers of HyNet North West, the UK’s industrial decarbonisation cluster, have joined forces to set up a venture to produce low carbon hydrogen at Essar’s Stanlow Refinery in Ellesmere Port, Cheshire. The joint venture will manufacture hydrogen at the refinery…
MX creator of the Money Experience category, has raised $300 million in a Series C funding round led by a $150 million investment from TPG Growth with additional participation from new and existing investors including CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72 Ventures, and Pelion Venture Partners, along with Regions Financial Corp. In the last…
BoxLNG, the India-based distributed clean bioenergy project developer has signed a technology collaboration and investment agreement with HoSt Holding B.V. (HoSt) of the Netherlands. HoSt is the supplier of bioenergy systems globally with more than 200 installations during its 30 years of experience. BoxLNG is an emerging firm in India focused on executing scalable Renewable Natural…
Cognizant announced it has agreed to acquire Linium, a cloud transformation consultancy group specializing in the ServiceNow platform and solutions for smart digital enterprise workflows. Financial details of the deal were not disclosed. Linium, operating as the ServiceNow business unit of Ness Digital Engineering, a privately-held portfolio company of The Rohatyn Group, helps Fortune 100…
STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced the appointment of Rajita D’Souza as President, Human Resources and Corporate Social Responsibility (CHRO), effective Jan 1, 2021. Rajita will report directly to Jean-Marc Chery, President and CEO and is a member of ST’s Executive Committee. In her role, Rajita D’Souza…
Capgemini, a global leader in consulting, digital transformation, technology, and engineering services, has announced the appointment of Olivier Sevillia as its Group Chief Operating Officer, effective January 1, 2021. In this role Olivier is responsible for the Group’s strategic business units and sales, with a focus on applying the Group’s deep and broad industry expertise…
Ericsson is set to strengthen it’s 5G leadership with the appointment of Katherine Ainley as Chief Executive Officer (CEO) for the United Kingdom and Ireland, effective 1 February 2021. Ainley will join Ericsson from BT where she has held a number of senior executive positions since 2007, including the recent roles of Managing Director of…
Aston Martin is back in Formula One and has announced a new title partner, Cognizant, an American multinational IT brand. The team will be known as Aston Martin Cognizant Formula One™ Team when it lines up on the starting grid for the new season. The announcement made by the company noted – “Cognizant will play…
F5 Networks, the leader in application security and delivery, and Volterra, the first universal edge-as-a-service platform, announced a definitive agreement under which F5 will acquire all issued and outstanding shares of privately held Volterra for approximately $440 million in cash and approximately $60 million in deferred consideration and assumed unvested incentive compensation to founders and…
IBM announced the appointment of Martin Schroeter as Chief Executive Officer of the independent company that will be created following the separation of IBM’s Managed Infrastructure Services business (“NewCo”), effective January 15. NewCo will focus on the management and modernization of IT infrastructure in every industry around the world. The previously announced separation is expected…
Uniphore, a Conversational Service Automation (CSA) firm, has announced that it has hired Stéphane Berthier as its Chief Financial Officer (CFO). As Uniphore’s CFO, Berthier will lead the finance business support, investor relations, financial planning and analysis, accounting and tax functions globally. Prior to joining Uniphore, Berthier was a Partner at PwC for more than…
Cisco has announced the appointment of John D. Harris II to its board of directors. “We are very pleased to welcome John to the Cisco Board,” said Chuck Robbins, chairman and CEO, Cisco. “John is known for his strong leadership and results-oriented approach. His depth of experience operating a global business at scale, and commitment to excellence will…
Commvault, a global enterprise software leader in the management of data across cloud and on-premises environments, has announced the appointment of John Tavares as Vice President, Global Channel and Alliances. In his new role, Tavares will be responsible for overseeing the growth of Commvault’s Global Partner Organization and strengthening the company’s relationships with partners worldwide. …