Cognizant has extended its relationship with global engineering company Aker Solutions to modernize and simplify its entire IT infrastructure, including its business technology network and application maintenance and development, the company said in a statement. The statement said, “The extended relationship will enhance Aker Solutions’ productivity and business scalability, while decreasing its IT operating costs.…
Alodokter, a digital health platform in Indonesia, has raised additional funding from MDI Ventures, a subsidiary of Telkom group and Samsung Ventures Investment Corporation (Samsung Ventures). Alodokter has raised significant funding since 2019, from investors such as Softbank Ventures, Sequis, Golden Gate Ventures, Philips, Heritas and Hera Capital. Alodokter will use the funding to continually expand…
Visa has announced a global strategic partnership with Goldman Sachs Transaction Banking to help businesses – large to small – move money around the world. The company said in a statement, “Through its implementation of Visa B2B Connect and Visa Direct Payouts solutions, Goldman Sachs will help its commercial and corporate banking clients simplify complexities…
Purple Innovation, Inc., has announced Patrice Varni as Chief Marketing and Digital Officer at its Lehi, UT headquarters. With responsibility for the Company’s marketing, customer experience, eCommerce, and product development, Varni will be instrumental in building upon Purple’s marketing roots. “Patrice Varni brings deep marketing and digital experience to Purple from her previous roles with category-leading…
Autodesk, Inc. has confirmed that it has submitted a non-binding proposal to acquire all the outstanding shares of common stock of Altium Limited for AUD$38.50, to be implemented by way of a scheme of arrangement. Altium is a global software company headquartered in San Diego, California and publicly traded on the Australian Securities Exchange. The…
Hyundai Motor India announced that it has resumed manufacturing operations, at its Chennai-based plant, from May 31 while launching various measures to support the workforce amid the second wave of coronavirus. The automaker has launched a vaccination drive for its employees and the dependent family members of the employees. Additionally, the automotive manufacturer also said…
Happiest Minds Technologies Limited, a digital transformation and IT solutions company, has announced that it has launched a vaccination drive for Happiest Minds and their immediate family members. According to the announcement, “To start with, the vaccination drive will cover the company’s facilities based out of Bengaluru and will later be expanded to cover other…
A global information technology, consulting and business process services company Wipro has announced the re-appointment of Dr. Patrick J. Ennis and Mr. Patrick Dupuis as Independent Directors of the Company. The company said in a regulatory filing that the resolutions for the reappointment have been passed by members with requisite majority, through postal ballot by…
Hyundai Motor Americas Region has appointed Carlos Servin as the Chief Cost Optimization Officer. Servin will be responsible for leading the strategy and execution of all cost optimization initiatives across North and South America. Servin reports to Hyundai Motor North America president and CEO, José Muñoz. “Carlos’ deep automotive industry knowledge, strong analytical skills, intercultural…
CSC, a provider of business, legal, tax, and digital brand services, has announced that it has acquired PEF Services LLC (PEF), a provider of technology-enabled fund administration services to private capital firms and their investors, including private equity, private debt, venture capital, and U.S.-based small business investment companies (SBICs). “This strategic acquisition greatly accelerates CSC’s…
Unisys Corporation, a global IT solutions company, has announced that it has entered into an agreement to acquire Unify Square, an experience management provider for secure collaboration and communications platforms, for $152.5 million on a cash-free, debt-free basis. Unisys is funding the transaction with cash on hand. According to a statement, the transaction, which is…
Melody Investment Advisors LP, an alternative asset manager focused on mission-critical communications infrastructure, has announced the appointment of Nitin Khakee to the role of General Counsel. Mr. Khakee has over 23 years of legal and M&A experience across multiple sectors including infrastructure, energy, real estate and private equity. “We are very excited to welcome Nitin…
Tanger Factory Outlet Centers, Inc has announced that Sandeep Mathrani has been elected to its Board of Directors, effective immediately. Mr. Mathrani is currently the Chief Executive Officer of WeWork Inc. and brings with him more than three decades of professional experience. “I am thrilled to welcome Sandeep to the Tanger Board and look forward…
Cryptology Asset Group, an European investment company for blockchain- and crypto-related businesses founded by Christian Angermayer and Mike Novogratz, has announced that it intends to invest USD 100 million over the next 24 months into crypto-related venture funds. Christian Angermayer, Founder of Cryptology, explained, “We are at the very beginning of the crypto revolution, and…
IDEMIA Group has announced that it has appointed Donnie Scott as Chief Executive Officer for its Identity and Security North America business, effective June 1, 2021. A 20-year veteran of the public security and IT solutions industry, Scott was elevated from his current position as Senior Vice President and General Manager of IDEMIA’s North America…