Bain Capital to acquire PowerSchool in USD 5.6 Bln transaction
PowerSchool Holdings, Inc.(“PowerSchool” or “the Company”), a leading provider of cloud-based software for K-12 education, recently announced that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the Company at $5.6 billion. Under the terms of the agreement, PowerSchool stockholders will receive $22.80 per share in cash […]
WiseSight and Duncan Solutions integrate AI for smart parking control
WISESIGHT Technologies, a global leader in Imaging and Object-based tracking technologies for the parking industry, announced a new strategic integration with Duncan Solutions, a Navient company and leading provider of parking management solutions. The integration between the two technology leaders will enable municipalities and private parking operators to perform remote automated enforcement for on-street and […]
HKIAA & ICSCC partner with Informa Markets Asia for Super Terminal Expo
![Simon Li, President, HKIAA [left] and Michael Duck, EVP of Commercial Development, Informa Markets [right]](https://worldbusinessoutlook.com/wp-content/uploads/2024/06/Simon-Li-President-HKIAA-left-and-Michael-Duck-EVP-of-Commercial-Development-Informa-Markets-right-1024x576.png)
Hong Kong International Aviation Academy (HKIAA) and International Cooperation and Service Center (ICSCC), by the Civil Aviation Administration of China (CAAC), signed a cooperation agreement with Informa Markets Asia, becoming strategic partners for Super Terminal Expo (STE) and reinforcing the event’s position as a vital platform for knowledge exchange and innovation for airport design, construction and operations […]
BCG designates Dr. Nikolaus Lang as global leader of BCG Henderson Institute
Boston Consulting Group (BCG) today announced that Dr. Nikolaus Lang has been appointed as the new global leader of the firm’s think tank, the BCG Henderson Institute (BHI). The Institute carries forward the legacy of BCG’s founder, Bruce D. Henderson, who pioneered the field of corporate strategy and developed concepts such as the Experience Curve and the Growth-Share Matrix. During the nearly […]
Compass Minerals appoints Jeffrey Cathey as CFO
Compass Minerals, a leading global provider of essential minerals, yesterday announced the appointment of Jeffrey Cathey as the company’s new chief financial officer (CFO). In this role, Cathey will be responsible for all aspects of financial management, including accounting, reporting, tax, internal audit, treasury, financial planning and analysis, and investor relations. Cathey joined Compass Minerals […]
Piper Sandler signs definitive agreement to acquire Aviditi Advisors
Piper Sandler Companies a leading investment bank, yesterday announced that it has entered into a definitive agreement to acquire Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors with offices in New York City, Dallas, London and Munich. Ryan […]
Fusion92 partners Experian to improve audience development
Fusion92, a marketing transformation company, announced a strategic collaboration with Experian, a global data and technology company. As part of this effort, Fusion92 will integrate Experian’s marketing data and identity capabilities with Fusion92’s advanced capabilities to create complete and reliable audience profiles that enable brands to target, activate and measure their marketing efforts more effectively. […]
Sirion announces the acquisition of Eigen Technologies
Sirion, the category leader in AI-native contract lifecycle management (CLM), announced the acquisition of Eigen Technologies, a market leader in Document AI for financial services and insurance that has pioneered data extraction and AI governance. Sirion is ranked by leading analysts like Gartner as the innovation leader in CLM and the world’s leading financial institutions like […]
Tekion designates Binu Mathew as CTO
Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, yesterday announced Binu Mathew as the company’s Chief Technology Officer (CTO). “We have a tremendous opportunity to meet the automotive industry’s demand for reliable generative AI. Tekion is leading the way in fulfilling this need,” said Jay Vijayan, CEO of Tekion. “Binu’s experience and leadership […]
Dolby Laboratories to acquire GE Licensing from GE Aerospace
Dolby Laboratories, Inc. , a leader in immersive entertainment experiences, announced today that it has entered into a definitive agreement to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP primarily targeting the consumer digital media and electronics sectors. As one of the most respected companies in the field of patent […]
