Investment & Financing

Aereo, India's leading commercial drone solutions startup, secures $15 million in Series B funding round

2024-07-19 08:00 759

In an investment round led by 360 ONE Asset, Aereo closed its Series B funding, announcing plans for global expansion BENGALURU, India, July 19, 2024 /PRNewswire/ -- Aereo, India's leading drone-based business intelligence provider, has successfully closed a$15 million Series B funding round led...

Hollysys Announces Expected Completion Date of Merger Transaction with Ascendent Capital Partners

2024-07-18 21:05 1472

BEIJING, July 18, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it expects to complete its merger transaction with a buyer controlled by Ascendent Capital Partners as soon asJuly 25, 2024. The parties have successfull...

Haier Smart Home Intends to Acquire Electrolux South Africa's Water Heater Business

2024-07-18 17:26 1188

QINGDAO, China, July 18, 2024 /PRNewswire/ -- On 18th July 2024, Haier Smart Home entered into the transaction with Electrolux Group inSweden to acquire 100% equity interest in Electrolux South Africa Proprietary Limited ("ESA"), its subsidiary engaging in water heater business inSouth Africa, fo...

Electrolux Group divests South African water heater business

2024-07-18 15:56 896

STOCKHOLM, July 18, 2024 /PRNewswire/ -- Electrolux Group has signed an agreement to divest its water heater business inSouth Africa under the Kwikot brand for an enterprise value ofZAR 2.4bn (approx. SEK 1.4bn) to Haier Smart Home. The divestment includes the Kwikot brand and the production fac...

GardaWorld Enters into Binding Agreement to Acquire OnSolve Creating the Industry's Most Advanced and Comprehensive Risk Management Offering with Crisis24

2024-07-17 21:58 902

* Augments Crisis24's existing proprietary suite of SaaS-based risk management solutions, adding deep mass communication capabilities * Enhances risk management innovation capabilities, with product development and software engineering talent * Customers to benefit from a more integrated cri...

Authentix® Completes Asset Purchase Agreement for Acquisition of Nanotech Security Corp. Assets

2024-07-17 22:00 1284

ADDISON, Texas, July 17, 2024 /PRNewswire/ -- Authentix, the authority in authentication and information services, announced that it has completed an Asset Purchase Agreement with Nanotech Security Corp. (NSC), a wholly owned subsidiary of Meta Materials Inc., acquiring certain assets of its aut...

Execo Boosts Gen AI-Embedded Legal Offerings Through Acquisition of Cacti Legal

2024-07-17 20:00 1439

Execo expands its delivery capabilities by acquiring Alternative Legal Services Provider (ALSP) Cacti Legal. NEW YORK, July 17, 2024 /PRNewswire/ -- Execo, a next-generation alternative legal services provider, today deepened its commitment to the legal industry with the strategic acquisition of...

Amity Solutions and Parent Amity Corp Raise US$60 Million to Transform Legacy Software Products with Generative AI

2024-07-17 11:28 1560

BANGKOK, July 17, 2024 /PRNewswire/ -- Amity Solutions (ASOL), a leading software and AI business fromThailand, together with its parent company, Amity Corporation, today announced the completion of aUS$60 million Series C financing round. This funding will support the company's mission to transf...

JinkoSolar to Form a Joint Venture with RELC and VI in Saudi Arabia for Production of 10 GW of High-efficiency Solar Cells and Solar Modules

2024-07-16 19:03 2351

SHANGRAO, China, July 16, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its indirectly majority-owned subsidiary, JinkoSolar Middle East DMCC ("Jin...

Antsomi Launches Antsomi CDP 365 on LINE OA in Thailand, Partnering with H+ Thailand for Local Support

2024-07-16 11:45 1474

BANGKOK, July 16, 2024 /PRNewswire/ -- Antsomi, a regional marketing technology company, is excited to announce the launch of Antsomi CDP 365 on LINE OA, its innovative solution designed for marketing on top of the LINE messaging platform via brands' LINE Official Account (OA) in the Thai market....

Telin and BW Digital to enhance DC-to-DC connectivity with new Indonesia - Singapore cable

2024-07-15 19:12 1898

SINGAPORE, July 15, 2024 /PRNewswire/ -- PT Telekomunikasi Indonesia International (TELIN) and BW Digital have announced a strategic partnership to develop and construct the Nongsa-Changi submarine cable system linking Batam and Singapore. The memorandum of understanding (MoU) for this joint ventu...

X Financial Announces Results of Tender Offer

2024-07-15 19:00 2125

SHENZHEN, China, July 15, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company inChina, announced today the results of its previously announced tender offer (the "Tender Offer") to purchase up to 2 million American Depositary Shares (the ...

Quantum-Systems Inc. Awarded Two Contracts by Commonwealth of Australia for DEF129-SUAS, Totaling AUD $90 Million

2024-07-15 10:30 1537

* Vector/Scorpion 2-in-1 sUAS selected to provide Australian Army enhanced situational awareness and increased force protection * Queensland-based Quantum-Systems Australia responsible for in-country contract execution and fostering economic development withinAustralia MOORPARK, Calif., July ...

AIIB Commits USD75M to Green and Blue Bonds of Viet Nam's SeABank

2024-07-13 20:21 3494

BEIJING, July 13, 2024 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has signed aUSD75-million financing contract to support green and blue bonds to be issued by Southeast Asia Commercial Joint Stock Bank (SeABank). This marks the first ever blue bond issued fromViet Nam and is ...

Phoenix Aviation Capital and AIP Capital Announce Agreement to Acquire Ten CFM LEAP-1B Engines

2024-07-12 21:00 2366

The announcement represents a strategic milestone for Phoenix Aviation Capital as it continues growing its portfolio of next generation assets. DUBLIN and STAMFORD, Conn., July 12, 2024 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, and AIP Capital ("AIP"), ...

MIRIDIH Raises $15M in Series B

2024-07-12 14:44 1693

*Accelerating Global Expansion and Growth* SEOUL, South Korea, July 12, 2024 /PRNewswire/ -- On July 12, Miridih Co., Ltd. (hereinafter referred to as Miridih) announced that it has successfully secured new funding through a Series B investment. Miridih is well-known for its SaaS-based design pl...

China Natural Resources Receives Nasdaq Notification Regarding Minimum Bid Requirements

2024-07-11 20:10 3481

HONG KONG, July 11, 2024 /PRNewswire/ -- On July 5, 2024, China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Capital Market ("Nasdaq") notifying the Company that it is currently not in compliance with the minimum...

Quantinuum and Science and Technology Facilities Council (STFC) Hartree Centre partner to advance quantum innovation and development in the UK

2024-07-11 15:00 2340

* New collaboration provides the Hartree Centre access to Quantinuum's H-Series high-performance quantum computers via the cloud and on-premise * Tailored educational programs will enhance scientists' skills and understanding in quantum technologies * Partnership is expected to drive advance...

IFS Acquires EmpowerMX

2024-07-11 02:18 1339

EmpowerMX's powerful MRO technology adds further differentiation and depth to IFS's Industrial AI proposition for Aerospace & Defense FRISCO, Texas, July 11, 2024 /PRNewswire/ -- IFS, the leading technology innovator in cloud and Industrial AI software, today announces the acquisition of Empower...

UPPAbaby Expands Innovation Footprint with 4moms Acquisition

2024-07-10 21:00 1507

Strengthening Market Synergy to Deliver Premier Parenting Solutions ROCKLAND, Mass., July 10, 2024 /PRNewswire/ -- UPPAbaby, a leading innovator in juvenile products, announced that it has closed an asset purchase agreement with the parent company of 4moms, a leading brand in the infant swings, ...

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