SLB inks a long-term strategic collaboration agreement with Equinor
SLB has announced the signing of a new long-term strategic collaboration agreement between Equinor ASA and the Subsea Integration Alliance (which comprises OneSubsea™ and Subsea7). The agreement paves the way for exploratory work to begin on two projects: the Wisting field offshore Norway and Bay Du Nord, off Newfoundland and Labrador, Canada. The agreement, which […]
EnerSys announces acquisition Bren-Tronics Inc
EnerSys, the global leader in stored energy solutions for industrial applications, today announced it has entered into a definitive agreement to acquire Bren-Tronics, Inc. in an all-cash transaction of $208 million. The purchase price represents approximately 8.7x Bren-Tronics’ adjusted EBITDA for the twelve months ending December 31, 2023. Bren-Tronics, headquartered in Commack, N.Y., is a privately […]
NPCI International signs a partnership agreement with Bank of Namibia
NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface (UPI) for Namibia. This collaboration marks a strategic leap towards strengthening Namibia’s financial infrastructure and fostering […]
3rd Edition of Datacentre & Cloud Infrastructure Summit (DCCI) at Kuala Lumpur
The most desired destination for datacentre development in ASEAN, Malaysia currently houses over 600 industrial estates with strong connectivity. While the sector is witnessing a massive surge in investments, this growth can be attributed to rampant digitalization initiatives, growing submarine cable connectivity and most importantly big multinationals expanding their dedicated cloud regions in the country. […]
VerticalScope joins force with The Trade Desk to integrate OpenPass and OpenPath
VerticalScope Holdings Inc., a technology company that has built and operates a cloud-based digital platform for online enthusiast communities with 65 million registered users, yesterday announced it has adopted The Trade Desk’s OpenPass and OpenPath solutions to provide secure authentication for users and enhanced access for advertisers. OpenPass is a single-sign-on solution created by The […]
Farmers Edge announces partnership with Saskatchewan Municipal Hail Insurance
Farmers Edge Inc., a pure-play digital agriculture company, announced a pilot project in partnership with Saskatchewan Municipal Hail Insurance (SMHI). The project aims to enhance adjudication processes and support risk monitoring using Farmers Edge InsurTech tools, including weather data and crop analytics. SMHI is one of Canada’s oldest and largest crop hail insurers with a […]
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. […]
