Investment & Financing

CTFH and Insilico Medicine Enter Al Drug Discovery Collaboration Focused On Accelerating First-in-Class Therapeutics, Worth Up to $200 million

2019-10-09 20:58 508

HONG KONG and NANJING, China, Oct. 9, 2019 /PRNewswire/ -- Insilico Medicine, a company developing an end-to-end drug discovery pipeline utilizing the latest advances in deep learning, has entered into a two-program AI drug discovery collaboration agreement with Jiangsu Chia Tai Fenghai Pharmaceu...

IFS and Astea International Announce Definitive Agreement to Strengthen Global Leadership in Field Service Management Business

2019-10-08 21:16 11832

LONDON and HORSHAM, P.A., Oct. 8, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, today announced it has signed a definitive agreement to purchase global software company Astea International (USOTC: ATEA). The transaction will enable the combined company to serve more custom...

Chipscreen and Novogene enter a strategic partnership for companion diagnostics development

2019-10-08 20:46 556

SHENZHEN, China, Oct. 8, 2019 /PRNewswire/ -- Chipscreen Biosciences Co., Ltd. (Chipscreen, Stock Symbol: 688321.SH) and Novogene Co., Ltd. (Novogene) recently announced a strategic partnership for companion diagnostics (CDx) development. Under the agreement, Novogene will develop a CDx for Chips...

McKay Brothers Acquires Leading Wireless Radio Manufacturer EMClarity

2019-10-08 09:22 369

OAKLAND California and BRISBANE, Australia, Oct. 8, 2019 /PRNewswire/ -- McKay Brothers, LLC, a market leader in low-latency wireless networks for financial markets, announced today that it has acquired EMClarity Pty Ltd, a leading vendor of high throughput, millimeter wave, point-to-point radio ...

INTL FCStone Completes the Acquisition of the Futures and Options Brokerage and Clearing Business of UOB Bullion and Futures Limited in Singapore

2019-10-08 08:00 12026

SINGAPORE, Oct. 8, 2019 /PRNewswire/ -- INTL FCStone Inc. (NASDAQ: INTL) today announced that its Singaporean subsidiary INTL FCStone Pte Ltd ("IFP") has met all conditions of the Asset Purchase Agreement it entered into on18 March 2019 (the "APA"), and completed the acquisition of the futures an...

Artmarket.com Takes First Steps on Euronext Paris and Announces New Partnership in the Field of Artificial Intelligence as a Global Player in the Art Market

2019-10-08 01:52 2085

PARIS, Oct. 8, 2019 /PRNewswire/ -- The proprietary metadata accumulated by Artprice, the world leader in Art Market Information since 1999, is now available to Artmarket.com. Having extended its corporate purpose, Artmarket.com announces, among other initiatives, an industrial partnership with ...

SKF Acquires Industrial AI Company

2019-10-08 01:42 11721

GOTHENBURG, Sweden, Oct. 8, 2019 /PRNewswire/ -- SKF has signed an agreement to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production plants to find and act on anomalies that were ...

Go Global Retail to acquire ModCloth, a leading online specialty retailer of unique women's fashion

2019-10-05 01:10 945

Acquisition is strategic investment led by retail and consumer goods experts, Jeffery Streader and Christian Feuer LOS ANGELES, Oct. 5, 2019 /PRNewswire/ -- Go Global Retail today announced plans to acquire the assets ofModCloth, a digitally native retailer of unique women's fashion and accessor...

Self-driving System Provider DeepRoute Raises $50m Round of Funding

2019-10-04 19:26 647

SHENZHEN, China, Oct. 4, 2019 /PRNewswire/ -- DeepRoute, an L4 Full Stack Self-Driving System Provider, has raised about$50 million in a fresh round of funding led by Foshun RZ Capital, jointly by other investment organizations including GoldenSand Capital, Yunqi Partners, Ventech China and Green...

Innovent Biologics Announces a New Placement Raised HK$2,351.33 Million

2019-10-04 16:11 1025

SUZHOU, China, Oct. 4, 2019 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent" or "the Company") (HKEX: 01801), a world-class biopharmaceutical company that develops and commercializes high quality medicines for the treatment of oncology, autoimmune, metabolic and other major diseases, announc...

Johnson Controls-Hitachi Air Conditioning opens Global Development Center in India

2019-10-04 12:30 600

AHMEDABAD, India, Oct. 4, 2019 /PRNewswire/ -- Johnson Controls-Hitachi Air Conditioning today announced the opening of a new Global Development Center in Kadi, Gujarat State,India. The result of a US$22.5 million (approximately 157 Crore India Rupee) investment, the state-of-the-art facility wil...

Seequent Expands Solutions Portfolio With GEOSLOPE's Geotechnical Analysis Software GeoStudio

2019-10-04 05:04 656

Combined geoscience tech solutions improve overall engineering and design workflows to help engineers solve earth, environment and energy challenges CHRISTCHURCH, New Zealand, Oct. 4, 2019 /PRNewswire/ -- Seequent , a world leader in the development of geoscience analys...

TMP Worldwide Grows its Global Footprint with the Acquisition of Maximum; A Netherlands-Based Recruitment Marketing Tech Firm

2019-10-03 22:00 576

SINGAPORE, Oct. 3, 2019 /PRNewswire/ -- TMP Worldwide, a global leader in talent acquisition technologies, is enhancing its technology and product marketing capabilities with the acquisition of Maximum, a recruitment marketing tech company that is based inthe Netherlands. Known for its intelligen...

Specialty Chemical Company China XD Plastics Signs US$135 Million Financing Agreement with a Banks Consortium led by Industrial and Commercial Bank of China

2019-10-03 21:00 13865

HARBIN, China, Oct. 3, 2019 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive appl...

Vodafone partners with Ubitus to launch GameNow(R) 5G Cloud Gaming Service in Italy

2019-10-03 19:30 361

MILAN, Italy, Oct. 3, 2019 /PRNewswire/ -- Ubitus Inc., the worldwide cloud gaming technology leader,announces the partnership with Vodafone Italy in the launch of GameNow, the new 5G cloud gaming service exclusive to Vodafone Italy customers. Based on Ubitus' GameCloud® technologies and develop...

Enea Partners With flexiWAN and Intel for Open Source, Secure SD-WAN

2019-10-03 15:46 527

STOCKHOLM, Oct. 3, 2019 /PRNewswire/ -- Enea® (NASDAQ OMX Nordic:ENEA) today announced a joint Proof of Concept (PoC) with flexiWAN and Intel, demonstrating a reference solution for secure SD-WAN based on open source applications. It will be showcased at the SDN NFV World Congress inThe Hague, Oc...

Ericsson Completes Acquisition of Kathrein's Antenna and Filter Business

2019-10-02 23:36 14088

Welcomes employees in R&D, production and sales to its Networks business Expands the Ericsson Radio System portfolio with new products and strengthens its antenna in-house competences and capabilities Complements Ericsson's strong base in Europe STOCKHOLM, Oct. 2, 2019 /PRNewswire/ -- Ericsson (...

Arthur J. Gallagher & Co. Acquires Anthony Hodges Consulting Limited

2019-10-02 18:00 13970

ROLLING MEADOWS, Illinois, Oct. 2, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition ofWakefield, England-based Anthony Hodges Consulting Limited (AHC). Terms of the transaction were not disclosed. Founded in 1996, AHC is an award-winning pension, change and reward be...

Novo Nordisk and Noom to partner around digital health solutions to help people with obesity lose weight and keep it off

2019-10-02 01:48 581

BAGSVÆRD, Denmark, Oct. 2, 2019 /PRNewswire/ -- Novo Nordisk, a global healthcare company, and Noom, a leading behaviour change company, today announced a collaboration on digital health solutions focusing on weight management and education, with the aim of improving the lives of people living w...

Pangolin by TeamRed Labs Makes Cybersecurity More Accessible

2019-10-01 21:00 320

HONG KONG, Oct. 1, 2019 /PRNewswire/ -- TeamRed Labs Inc . today announced the crowdfunding launch of Pangolin , a device designed to combat the internet privacy and cybercrime threats faced by homes and small businesses. Pan...

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