Wipro will take over the IT units of METRO AG — METRO-NOM GMBH in Germany and METRO Systems Romania S.R.L. Wipro Limited, a global information technology, consulting, and business process services company, has announced a significant strategic digital and IT partnership deal with METRO AG, the global wholesale company. As a part of this transaction,…
Category: Global
Vi inks strategic partnership with Firework
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•India’s telecom operator Vi has inked a strategic partnership with Firework, the story publishing platform based in Silicon Valley. The partnership allows Vi to leverage Firework’s content repository from global content studios and also get access to occupational generated content (OGC) creators who are storytellers across a wide genre of subjects. Avneesh Khosla, Chief Marketing…
Aramco expands Google Cloud services to Saudi Arabia
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•Saudi Aramco Development Company, an Aramco subsidiary, announced that it has partnered with Google Cloud to offer low-latency, high-performance cloud services to business customers in Saudi Arabia. The Kingdom of Saudi Arabia is being added to the global network of regions on the Google Cloud platform, as part of a strategic alliance agreement signed between…
Cognizant acquires UK-based AI/ML solutions provider Inawisdom
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•Cognizant announced it has acquired Inawisdom, a UK-based, privately-held consultancy specializing in artificial intelligence, machine learning, and data analytics to help businesses make better, faster decisions that improve business outcomes. Financial details were not disclosed. Cognizant has invested more than $1.1 billion this year alone for acquisitions. Inawisdom focuses on delivering cloud-native, full-stack solutions leveraging…
Lockheed Martin to acquire Aerojet Rocketdyne for $4.4 bn
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•Lockheed Martin Corporation announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc for a total transaction value of $4.4 billion including the assumption of net cash. Commenting on the acquisition, James Taiclet, Lockheed Martin president and CEO, said, “Acquiring Aerojet Rocketdyne will preserve and strengthen an essential component of the…
Chat platform Discord raises $100 mn in Series- H round led by Greenoaks Capital
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•Discord, an online chat and voice communication platform designed for creating communities, has raised $100 million in its latest H round of funding led by Greenoaks Capital. The platform reached 140 million monthly active users (MAUs), double the number it had a year ago, the media reported. Post this funding, the startup is valued at…
Globant acquires Spain-based specialized consultancy firm Bluecap
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•Globant, a digitally native technology services company, has announced the acquisition of Spain-based Bluecap, a specialized consultancy firm that leverages advanced analytics to develop new business models for financial institutions. With this acquisition, Globant reinforces its leading position in transforming organizations while it continues expanding its operations in Europe. Bluecap will maintain its name and…
EY appointed as a Microsoft India Authorized Learning Partner
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•EY has been appointed as a Microsoft India authorized learning partner. EY has access to Microsoft certified trainers and technology consulting team with sector knowledge who will be closely involved in delivering Microsoft trainings. With Microsoft Azure, Microsoft 365 and Microsoft Dynamics 365 training programs, EY will expand its existing learning solutions portfolio which includes…
Infosys divests partial stake in US-based Whoop for $10 mn
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•Infosys, a global leader in next-generation digital services and consulting, said it has divested one-third of its holding in US-based Whoop for about USD 10 million (about Rs 73.5 crore), according to PTI report. In 2015, Infosys had announced making a USD 3 million investment in US-based wearable device startup Whoop for a minority shareholding…
Virgin Atlantic Partners with WNS to digitally transform customer experience
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•WNS Limited, a provider of global Business Process Management (BPM) services, has announced that it has successfully deployed a custom intelligent automation solution in collaboration with Automation Anywhere, a global provider in Robotic Process Automation, which equipped Virgin Atlantic to process the sudden spike in COVID-19-related refund requests. The announcement states – “At the height…
HARMAN appoints Christian Sobottka as President of Automotive Division
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•HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, has named Christian Sobottka as President of the Automotive Division, effective January 1, 2021. He will report to President and Chief Executive Officer, Michael Mauser. Sobottka will also be appointed to HARMAN’s Senior Leadership Committee,…
Kia Motors America makes executive changes, Bill Peffer named COO & EVP
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•Kia Motors America (KMA) announced two executive-level promotions, effective from January 1, 2021. Bill Peffer, who joined KMA in July 2017, has been named chief operating officer and executive vice president. Peffer will lead all customer facing functions – sales, marketing, and service – in the U.S., and will report to Sean Yoon, the president…
Filestack appoints Michael Dougherty as Chief Financial Officer
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•Filestack and its subsidiary TINT have announced the appointment of Michael Dougherty as Chief Financial Officer (CFO). Dougherty will directly report to CEO Sameer Kamat. In his new role, Michael Dougherty will drive financial strategy and investments to advance Filestack’s position as the leading file handling API for developers and TINT as the leading enterprise…
BLS International signs contract with Embassy of Brazil in China
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•BLS International, a visa consular and technology services provider has announced that it has commenced accepting appointments for visa applications for the Embassy of Brazil in China. The five-year exclusive contract from the Embassy mandates BLS to operate 15 centers across China. The company is expected to process 4,00,000 applications during the contract. Commenting on…
Picosun appoints Juhani Taskinen to lead PicoMedical business area
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•Picosun Group, the leading supplier of AGILE ALD (Atomic Layer Deposition) thin film coating technology, has announced the appointment of Juhani Taskinen to lead PicoMedical, a new business area established by the company for medical and healthcare ALD segments, effective from January 5, 2021. Taskinen has extensive international career and background in the medical field,…