Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, announced it has been ranked number 1 for customer satisfaction in France in the Whitelane Research 2020 IT Sourcing Study, Europe’s largest independent survey of IT service providers. The survey ranked 29 IT service providers based on responses from more than 160…
LG Electronics, through one of its US subsidiaries, Zenith Electronics LLC, announced it is making a significant investment in Alphonso Inc. to bring together the two TV industry leaders’ technologies and innovations in LG’s smart TV lineup. With its investment, LG will become Alphonso’s largest investor with a controlling stake of more than 50 percent,…
Dremio, the innovation leader in data lake transformation, today announced it has raised $135 million in Series D funding, bringing the company’s valuation to $1 billion. The round was led by Sapphire Ventures with participation from existing Dremio investors: Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, and Cisco Investments. Earlier in March…
Reed Exhibitions, a leading global events business, announced that Anna Dycheva-Smirnova has been appointed CEO, Reed Exhibitions UK, in addition to her role as CEO of Russia, Turkey and the Middle East, effective from 1 January 2021. Dycheva-Smirnova joined Reed Exhibitions as Deputy General Manager of Reed Exhibitions Russia in 2008 and became CEO of…
Tenstorrent, a hardware start-up developing next generation computers, announced the addition of industry veteran Jim Keller as President, CTO, and board member. “Tenstorrent was founded on the belief that the ongoing shift towards ML-centric software necessitates a corresponding transformation in computational capabilities,” said Ljubisa Bajic, Tenstorrent’s CEO. “There is nobody more capable of executing this…
Nektar Therapeutics, a biopharmaceutical company, announced that it has appointed Brian Kotzin, MD as Interim Chief Medical Officer, Head of Development effective immediately. Since 2017, Dr. Kotzin has served as Senior Vice President, Clinical Development and Head of Immunology at Nektar. Wei Lin will be leaving the company to pursue another opportunity. “We are pleased…
An American IT services company, Cognizant has appointed Rob Walker as Managing Director for its UK and Ireland operations. The former EY executive took over the new role on January 1, 2021. Based in London, Walker will oversee all aspects of operations of Cognizant in the UK and Ireland, in his new role. These operations…
Cyble, a fast-growing Darkweb and Cybercrime Monitoring partner and provider of Mitigation Solutions, has announced that Richard Sands, former IT Security Director of Yum! Brands, will be joining Cyble as the General Manager for the North America region. Richard’s addition to Cyble’s leadership team is expected to bolster the market reception of its services and…
Cognizant has appointed Shinji Murakami, a former Microsoft executive, as Head of Japan and a member of Cognizant’s Global Growth Markets (GGM) leadership. He will be based in Tokyo. In his new role as the head of Cognizant Japan KK, Cognizant’s Japan subsidiary, Murakami will lead the strategic expansion of the company in the country.…
Flexiv Ltd., the world-leading general-purpose robotics company, has closed an over 100m USD Series B round with major investors including Meituan, Meta Capital, New Hope Group, Longwood, YF Capital, Gaorong Capital, GSR Ventures and Plug and Play, marking the largest single-round fundraising ever in the field of general-purpose robotics. Commenting on the development, Shiquan Wang,…
TCS has completed the acquisition of 100% shares of Postbank Systems AG from Deutsche Bank AG through its subsidiary Tata Consultancy Services Netherlands B.V. PBS is the full-range captive IT service provider that provides project management, application management and infrastructure support services to Postbank and other subsidiaries of Deutsche Bank. PBS and its around 1,500…
Brightstar Corp., the global leader of end-to-end device lifecycle management solutions, has announced it will sell its 51% stake in Brightstar India to an investment firm of a UK based Family Office. Brightstar is exiting the region as part of its transformation strategy, allowing it to focus on core geographies and streamline operations to better…
Amazon.com Inc said it would acquire podcast startup Wondery. Recently, the Wall Street Journal reported that Amazon was in talks to buy Wondery in a deal worth over $300 million. “We’re pleased to announce that Wondery — an innovative podcast publisher with a track record of creating and producing top-rated podcasts — has signed an…
Biteable, an online video builder, announced that it has raised $7 million in Series A funding led by Cloud Apps Capital Partners. The startup will utilise the current financing for product development and expanding its global customer base. The company expects to continue scaling its teams across go-to-market, product, engineering, and operations functions. The company…
The Board of Directors of AirAsia has announced that its wholly owned subsidiary, AAIL, and Tata Sons Private Limited, India entered into a Share Purchase Agreement to dispose of AAIL’s equity interest of 32.67% in AAI to TSL. This brings the shareholding of AirAsia Group Berhad in AAI to 16.33%. President (Airlines) of AirAsia Group,…