STL, an industry integrator of digital networks, has reported a 30% YoY revenue growth in its financial results for the second quarter ended September 30, 2021. STL has recorded Rs 15.08 billion in revenues with ~43% coming in from the EMEA region and ~12% from Americas, demonstrating increased global traction for its integrated digital network…
GracoRoberts has entered into an agreement to acquire UK-based Silmid to forge aerospace-focused and specification-driven specialty chemicals distributor around the globe. The combination, including the December 2020 acquisition of Able Aerospace Adhesives, provides GracoRoberts with over 200 years of combined domestic and international aerospace expertise, most notably in the OEM, military and defense, and MRO…
Ola has appointed Julien Geffard as the Director of Go-To-Market Strategy for its electric business in Europe, as the company gears up to bring range of electric scooters to Europe in the coming months. He will be based out of the company’s Amsterdam office. To cater to the global demand from customers around the world,…
HCL Technologies, a global technology company, announced it has again been recognized by Gartner, Inc., the world’s leading research and advisory company, as a Leader in the Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services for both North America and Europe, both published in June 2020. This is the 10th consecutive year…
Ara Partners, a private equity firm specializing in industrial decarbonization investments, announced that it has closed its debut fund, Ara Fund I, LP, with approximately $400 million in capital commitments. Ara Partners was co-founded by veteran investors Charles Cherington and Troy Thacker. The Fund will invest in companies in North America and Europe that are…
London-based venture capital firm Blossom Capital has recently announced its plan to launch an angel investment program called “Cultivate” to support 20 European startups at seed and pre-seed stage. The Ophelia Brown-led VC firm will bring together Europe’s next-generation of ambitious founders with established unicorn pioneers such as Des Traynor (Intercom), Guillaume Pousaz (Checkout.com), Nilan…
Audio equipment seller Bose Corporation has recently announced its plan to shut all its 119 retail stores worldwide across Australia, North America, Europe, and Japan. The move is a significant shift towards selling all its products online. The company said that it will be closing 119 of its remaining stores over the next few months.…
HCL Technologies (HCL), a leading global technology company, today announced a partnership with Critical Manufacturing to provide pre-and post-sales consulting, development, and implementation support. The partnership involves Critical Manufacturing’s Manufacturing Execution Systems (MES) customers in the complex manufacturing for hi-tech, semiconductor, and medical device manufacturing industries. GH Rao, President, Engineering and R&D Services, HCL Technologies,…