Rocket Software acquires OpenText’s AMC business closing USD 2.275Bln round
Rocket Software, Inc. (“Rocket Software”), a global technology leader in modernization software, has expanded upon its position as a partner of choice empowering the world’s leading businesses on their modernization journeys. Closing the acquisition of the Application Modernization and Connectivity (AMC) business of OpenText, formerly part of Micro Focus, Rocket Software now offers customers modernization software solutions […]
Infobip joins Nokia to build a wide array of telco network
Infobip, the global cloud communications platform, and Nokia today announced a partnering agreement that will enable the global developer community to leverage both companies’ Application Programmable Interface (API) platforms in order to build a wider array of telco network powered applications faster for consumer, enterprise, and industrial customers. Infobip’s market-leading cloud Communications Platform as a […]
Permira acquires Majority Position in BioCatch at USD 1.3Bln
BioCatch, the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, yesterday announced that Permira Growth Opportunities II (the “Fund”), a fund advised by global private equity firm Permira, has agreed to acquire a majority position in the Company. Alongside the Fund’s investment, existing shareholders Sapphire Ventures and Macquarie Capital will […]
Indonesia’s technology masterminds to form the biggest huddle at digitalCIO 2024
In the wake of “Making Indonesia 4.0”, the country’s Chief Information Officers (CIOs) are burdened with getting the maximum output from emerging technologies. While tech adoption is being considered as the primary fuel for economic boom, the same has been expected to give a $2.8 trillion gain by 2040, as per Indonesia’s Ministry of Finance. […]
AppDirect announces the launch of AppDirect AI
AppDirect, a B2B subscription commerce platform, yestetday announced the launch of AppDirect AI, a simple and secure marketplace and creation studio that accelerates organizations’ ability to create, adopt, and benefit from AI apps. What sets AppDirect AI apart is its users’ ability to create an AI app within minutes using their choice of proprietary data sources, […]
Argonne and Talon metals propose EV batteries from mining waste
The U.S. Department of Energy’s (DOE) Argonne National Laboratory is developing a new process that could dramatically increase the number of electric vehicle (EV) batteries produced from mined nickel ore. The effort is part of a new partnership with Talon Metals, a U.S. mining company that plans to produce high-grade nickel ore domestically. Talon’s nickel production has […]
SpinEM Robotics partners with Spineart along with EUR 10Mln investment
SpinEM Robotics, a leading deep tech startup specializing in cutting-edge navigation solutions for robotic spinal surgery, announced a significant milestone in its innovation journey. The company has successfully closed a Series A2 funding round, securing a €10 million ($11 million) strategic investment from Spineart, a global leader in spine surgery innovation. This investment marks the […]
The DDC Group welcomes WNS’ Nimesh Akhauri as New Group CEO
The DDC Group, a pioneer in data solutions and leading provider in business process outsourcing (BPO) and technology, announced the appointment of Nimesh Akhauri as its new Group Chief Executive Officer (CEO), effective May 1, 2024. Group CEO predecessor and Co-founder Jan Trevalyan, who has stood at the helm for the past 35 years, will assume […]
Airgain inks agreement with Mouser Electronics
Airgain, Inc., a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, announced an agreement to distribute its wireless and IoT products through Mouser Electronics, an online electronic component distributor that serves the global electronic design engineer and buyer community. The new agreement will […]
Riverside closes the acquisition of AET
The Riverside Company, a global private investor focused on the smaller end of the middle market, has closed the acquisition of Arbeidsmiljø og Energiteknikk AS (AET), a Norwegian distributor of third-party consumables and laboratory cleaning equipment, from RA Service AS and management. The investment is an add-on to Riverside’s portfolio company Dastex Reinraumzubehör GmbH & Co. KG (Dastex), […]
