Stanley Black & Decker announced it has signed a definitive agreement for the sale of most of its Security assets to Securitas AB for $3.2 billion. The proposed transaction includes Stanley Black & Decker’s Commercial Electronic and Healthcare Security business lines (Security). Net proceeds from the sale are expected to be used to fund, in part, an approximately $4 billion share repurchase…
Intelligent Document Processing company AntWorks has appointed R. Guha as Chief Operating Officer. Guha has over twenty years of global business-leadership experience, with roles at enterprises like Edgeverve, Wipro and Cognizant. He has also led industry-wide initiatives at the World Economic Forum around cyber risk quantification and cyber resilience to drive business engagement into a…
Infosys BPM, the business process management arm of Infosys, announced that it is expanding its presence in Ireland, creating 250 jobs locally with the development of a new delivery center in Waterford. Infosys BPM started its Ireland operations in Dublin in 2014, delivering exceptional service offerings across telecommunications, manufacturing, social media, healthcare, edtech, and fintech…
Veeva Systems announced a new leadership hire to deliver leading services that accelerate innovation for the global life sciences industry. Varadarajan “Raj” Srinivasan has been appointed as general manager, Vault Quality, Indiastarting December 6th. “India is one of the largest manufacturers and exporters of pharmaceutical products by volume globally. We see a significant opportunity to…
Atos announced an agreement to acquire Cloudreach, a multi-cloud services company specializing in cloud application development and cloud migration, capitalizing on strong partnerships with all three hyperscalers. The company employs more than 600 highly skilled employees in cloud platforms, applications, and security. Revenue is expected at c.€100 million in calendar year 2021. Cloudreach was incorporated…
Tata Consultancy Services (TCS) announced it has been recognized as a UK Superbrand for the seventh consecutive year. The recognition acknowledges the company’s exceptional business growth, its position as the top strategic IT player by revenue in the UK, its number one ranking in customer satisfaction, and its community initiatives. Superbrands is an annual survey…
NTPC Limited announced the appointment of Sangitha Varier as an Independent Director to its Board. According to the company’s exchange filing, “In pursuance of Article 40, 41 of the Articles of Association of NTPC Limited, Ministry of Power acting on behalf of the President of India, has, vide order no. 8/4/2020-Th.1 dated 12.11.2021, appointed Ms.…
Mastercard announced a series of changes in the leadership of its international operations that will help solidify the company’s delivery against strategic priorities outlined at its recent investment community meeting. All appointments are effective January 1, 2022. Gilberto Caldart, currently president of the company’s International Markets, will take on a new role as vice chair of…
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers and to execute its mission to make off-grid mobile living more affordable, faster, and efficient, according to the company’s statement. Since launching…
Suki, a startup that provides voice artificial intelligence (AI) technology for health care, announced that it has closed a Series C funding round of $55 million, led by March Capital, with additional support from Philips Ventures, and all previous investors including Venrock, Flare Capital, Breyer Capital, and inHealth Ventures. The round is also comprised of super-angels…
Bank of Baroda announced the appointment of Sridhar Srinivasan as Shareholder Director of the Bank for a period of three years, effective December 12, 2021. Srinivasan Sridhar, aged 61 years of Mumbai (Maharashtra) is B.Com.(Hons.) and Chartered Accountant having over 33 years of work experience and special knowledge in the fields of Banking, Economics, Finance,…
Former L&T Financial Services executive Sandeep Sood has now joined HDFC Bank as Senior Vice President- Technology Risk. He will be based out of Mumbai. In this new role, Sood will be overseeing the bank’s various upcoming and ongoing digital transformation initiatives. At L&T Finacial Services, Sood was Head-IT Infrastructure & Services. He was associated…
Tata Consultancy Services (TCS) announced it has won the award for the Best Patents Portfolio in the Large Enterprises (Information and Communications Technology and Services) category at the Confederation of Indian Industry (CII) Industrial Intellectual Property (IP) Awards 2021. TCS won this award for the fifth consecutive year. The CII Industrial IP Awards recognize organizations…
Infosys, a global leader in next-generation digital services and consulting, has announced a strategic collaboration with the Financial Times (FT), one of the world’s leading business news organizations. As the Digital Innovation Partner for the FT, Infosys will leverage digital innovation to support the latest creative and engaging data-led storytelling experiences for FT’s readers, which…
TAKE Solutions Ltd, a globally recognized domain intensive services provider in Life Sciences, announced the appointment of Dhamu Narayanan as Chief Operating Officer. In his remit as Chief Operating Officer, Dhamu Narayanan will pilot the technology business (non CRO business) at TAKE Solutions. Dhamu Narayanan has over 30 years of achievement fueling next‐level operations in…