Backed by Platinum Equity and media executive David Nathanson, Game Taco, a skill-based mobile platform that enables gamers, has entered into an agreement to acquire WorldWinner. WorldWinner is part of GSN Games, a division of Game Show Network, which is wholly owned by Sony Pictures Entertainment. Under Platinum Equity’s new controlling interest, Game Taco and…
Healionics Corporation, a private medical device company, has announced the completion of a $4.7M equity financing round led by Keiretsu Capital. The company also announced the conversion to equity of $5.2M in previously outstanding notes and interest. Healionics is preparing to commercialize its innovative STARgraft vascular graft. “We appreciate the strong support in this round by existing shareholders and welcome the participation by…
Schlumberger has announced the appointment of Dr. Katharina Beumelburg to the position of Chief Strategy and Sustainability Officer, Schlumberger Limited, reporting to Olivier Le Peuch, Chief Executive Officer. The appointment is effective Monday, May 17. As a member of the executive team, Dr. Beumelburg will oversee corporate strategy, sustainability, marketing and communications activities across the Company.…
Walmart has announced its plans to acquire Zeekit, a virtual fitting room platform. Zeekit, a female-founded, is Israeli-based company that combines fashion and technology through its dynamic virtual fitting room platform. The company said in statement, “Zeekit will help us deliver an inclusive, immersive and personalized experience for our diverse customer base.” “Through Zeekit’s technology,…
Bata India, a retailer and manufacturer of footwear in India and a part of the Bata Shoe Organization, has announced the appointment of Gunjan Shah as chief executive officer (CEO). “Shah will join Bata in June 2021. Based out of Gurugram, he will be at the helm of the brand’s operations in India,” a statement…
Zenlayer, a global edge cloud service provider, has announced the closing of its $50 million Series C financing. The round was led by a group including Anatole Investment and Prospect Avenue Capital, and included existing investor Volcanics Venture. These investors join F&G Venture, NSFOCUS, and Forebright Capital to bring Zenlayer’s total financing to $90 million…
Wipro Limited, a global information technology, consulting and business process services company, has announced the appointment of Ms. Tulsi Naidu to its Board of Directors for five years effective July 1, 2021, subject to the approval of shareholders. Tulsi Naidu will serve as an Independent Director on the Board and bring a wealth of experience to…
Clubessential Holdings, the provider of enterprise-membership and club-management software solutions to the private- and public-clubs, college-athletic, health and fitness, and parks and recreation markets, has announced the strategic acquisition of Exerp. Already a major provider of membership- and club-management SaaS solutions for boutique fitness franchisors, under its ClubReady brand, this acquisition expands Clubessential Holdings’ international…
The ExOne Company, the global provider industrial sand and metal 3D printers using binder jetting technology, has announced a collaboration with Aurora Group and two of its subsidiaries to expand the reach of ExOne binder jetting in Asia. General Integration Technology (GIT) in Taiwan and Aurora 3D in China are now authorized channel partners to…
Infosys, a next-generation digital services and consulting company, has collaborated with RXR Realty to build and deploy health and wellness solution running on Microsoft Azure. RxWell, a public-health-based, data-driven platform provides health and wellness insights and management tools for property managers, tenant administrators and office workers, to aid in the safe return to work following…
Nuclera, a biotech company developing enzymatic protein and gene synthesis technologies, and E Ink, the innovator of electronic ink technology, have announced the acquisition of E Ink’s digital microfluidics unit into the newly formed US subsidiary of Nuclera. The company said in a statement, “Combining the technologies of the two companies will enable the delivery…
Moody’s Corporation and Team8, a global venture group, have announced the completion of a $25 million investment in VisibleRisk, a joint venture established by the two companies in 2019 to evaluate enterprise cyber risk. Additionally, VisibleRisk has announced the launch of a Cyber Rating product, building on the collaboration between Moody’s and Team8 to develop…
The Coffee Bean & Tea Leaf® company, a roaster and retailer of specialty coffee and tea, has announced that food service industry veteran Sanjiv Razdan has joined the company as its new President of its Americas and India markets. Razdan brings 30 years of chain-restaurant industry experience across the U.S. and international markets from brands…
TVS is announcing the appointment of Dr Robert Hentschel as Chief Executive Officer (CEO) and Vittorio Urciuoli as Chief Technical Officer (CTO) of Norton Motorcycles. The company said in a statement, “Both roles will be pivotal in delivering the TVS vision for Norton. This announcement forms the next key phase of our transformation, building on…
The World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, has announced the appointment of International Airlines Group (IAG) Executive Committee Member, Julia Simpson, as its President & CEO, effective August 15th. Simpson brings extensive experience of the Travel & Tourism sector, having served on the boards of British…