TotalEnergies partners ADNOC for Fuel Distribution

The partnership between TotalEnergies and ADNOC has been further strengthened following the signing by ADNOC Distribution of an agreement to acquire a 50% stake in TotalEnergies Marketing Egypt LLC for a consideration of approximately $200 million. This new transaction follows the signing of the strategic partnership agreement signed by TotalEnergies and ADNOC on the occasion […]

Clearlake capital and TA Associates acquires Kofax

Kofax (or “the Company”), one of the leading supplier of intelligent automation software for digital workflow transformation, recently announced that Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”) have completed their acquisition of the Company from Thoma Bravo. Financial terms of the transaction were not disclosed.   “Market demand for digital transformation continues […]

Renesas appoints Julie Pope as CHRO

Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, recently announced that Julie Pope, now Vice President of Human Resources (HR), has been named Senior Vice President and the company’s first Chief Human Resources Officer (CHRO), effective September, 2022. As SVP and CHRO, Julie will oversee Renesas global HR organization, including talent acquisition and […]

Pentair acquires Manitowoc Ice from Welbilt

Pentair plc, one of the leading provider of water treatment and sustainable solutions, recently announced that it has completed the previously announced transaction to acquire Manitowoc Ice from Welbilt, Inc. for $1.6 billion, subject to customary adjustments. Manitowoc Ice is a leading provider of commercial ice makers. “Manitowoc Ice is a great business and an […]

HCL partners VMware and launches business unit

HCL Technologies (HCL), one of the leading global technology company, and VMware, Inc announced the launch of HCL’s dedicated VMware business unit to help enterprises unlock the untapped value of multi cloud and app modernization. The new unit combines the power of HCL’s CloudSMART Framework with VMware’s Cross Cloud services to help enterprises accelerate cloud transformation, scale […]