Donuts Inc., the global leader in next generation top-level domains (TLDs) and digital identity, announced that it has completed its acquisition of Afilias, Inc., a leading TLD registry operator and provider. Now under one corporate structure, the two companies will continue to operate securely and reliably with no significant changes for either registrars or registry…
CLPS Incorporation announced that through its indirectly wholly owned subsidiary, CLPS Technology (Singapore) Pte. Ltd., it has acquired the remaining 20% ownership stake in Ridik Pte. Ltd., a Singapore-based IT services company in which CLPS initially acquired 80% equity in September 2019. As a result, Ridik is now a wholly owned subsidiary of CLPS, the…
Graphcore – maker of the Intelligence Processing Unit which is a new type of microprocessor specifically designed to support artificial intelligence workloads – announced that it has raised $222 million in a Series E funding round that values the company at $2.77 billion post-money. The company will utilise the current financing to support the company’s…
3i Infotech Limited, a global information technology company, announced that it has entered into a definitive agreement to sell its Software Products business to funds advised by Apax Partners, for a total consideration of INR 10 billion. The Software Products business will be acquired by a newly formed company named Azentio Software, wholly owned by…
Vectrus has signed a definitive agreement to acquire Zenetex, a provider of technical and strategic solutions focused on enabling mission readiness, performance, and enhanced protection for defense and national security clients globally. The acquisition adds new capabilities which will accelerate Vectrus’ converged infrastructure strategy and expands the company’s client base with new DoD, intelligence and…
Borr Drilling Limited, an international drilling contractor to the oil and gas industry, announced the appointment of Magnus Vaaler as its new Chief Financial Officer, replacing Christoph Bausch with effect from 28 December 2020. Commenting on the appointment, Patrick Schorn, Chief Executive Officer, said: “I am pleased to announce Magnus as the new Chief Financial…
FPT Software, one of Vietnam’s largest ICT firms, has opened a new office in India, adding to its global footprint of more than 50 offices across the Asia Pacific, Europe, North America, and the Middle East. The company is set to build this branch as a Global Delivery Centre within the next three years, its…
Christian Heubner will be taking over the management of ŠKODA AUTO’s global product communication on 1 January 2021. In this position, he will be responsible for the communication of all topics in the areas of technology, products and motorsport. He will report to Jens Katemann, Head of Communication at ŠKODA AUTO. Christian Heubner joined the…
Bloomberg, the global business and financial information and news leader, announced that it has completed its acquisition of Second Measure, a consumer data analytics company that analyzes billions of anonymized purchases to help investors and businesses gain insight into company performance and consumer behavior. Bloomberg acquires Second Measure’s proprietary analytics for daily tracking and real-time…
Sandvik, a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability, has signed an agreement to acquire DSI Underground, the global leader in ground support and reinforcement products, systems and solutions for the underground mining and tunneling industries. The company will be reported in Sandvik Mining and Rock…
Ramkumar Ramamoorthy, former Chairman and Managing Director of Cognizant (India), will join the leadership team of Krea University in January 2021 as its first Pro Vice-Chancellor, responsible for Professional Learning. In this role as Pro Vice-Chancellor of Professional Learning, Ramkumar will help drive the mission and long-term strategy of all professional programs—spanning Masters in Business Administration,…
Eagle Alpha has announced that Niall Hurley, former Head of Business Development at Eagle Alpha will be assuming the position of CEO. In addition, Natalie Aitken, who recently came to Eagle Alpha from a data vendor, App Annie, has been appointed Head of Business Development taking over the helm from Niall Hurley. Niall has over twenty years of experience…
Coagulo Medical Technologies, an MIT-born startup that has developed the world’s first precision-medicine platform for comprehensive and targeted blood clotting management, announced it has raised $6.5 million in financing from 20/20 HealthCare Partners, Sands Capital, Good Growth Capital, IAG Capital Partners and private investors. The startup also announced that it has been awarded a Small…
Tata Communications, a global digital ecosystem enabler, has acquired a majority equity stake of 58.1% in Oasis Smart SIM Europe SAS (Oasis), a France-headquartered firm that develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. With this investment, eSIM technology will be fully integrated into Tata Communications…
Fiat Chrysler Automobiles (FCA) has announced that Linda Knoll, its Chief Human Resources Officer, has elected to retire after nearly three decades of dedicated service. In a distinguished career, honed also in the predecessor companies of FCA and at CNH Industrial, Knoll has served in a number of wide-ranging senior leadership roles since first joining…