Investment & Financing
DXC Luxoft and ECARX partnership boosts advanced innovation capabilities for automotive manufacturers
ECARX to combine industry-leading full-stack digital cockpit and driver assistance technology with DXC Luxoft's deep domain expertise, enabling automotive manufactures to enhance the user experience ZUG, Switzerland, June 25, 2024 /PRNewswire/ -- ECARX (Nasdaq: ECX) and DXC Luxoft (NYSE: DXC) to...
IBISA raises $3 million to scale parametric insurance solutions, strengthening climate resilience across Asia and Africa.
LUXEMBOURG, June 25, 2024 /PRNewswire/ -- IBISA
Tiger New Energy's Battery Swapping Technology Receives US$3.5M Push
The injection of funds will enable the Bangladeshi startup to empower more
drivers through an expanded network of battery swapping stations.
DHAKA, Bangladesh, June 25, 2024 /PRNewswire/ -- In the bustling streets of
Bangladesh, where millions rely on three-wheelers daily, Tiger New Energy
Hydrexia and NovaAir Sign Memorandum of Understanding for Hydrogen Business Development in India
NEW DELHI and SHANGHAI, June 24, 2024 /PRNewswire/ -- Hydrexia Singapore Pte Ltd, a wholly-owned subsidiary of Hydrexia Holding Limited (Hydrexia), a leading integrated hydrogen solution provider inChina, and NovaAir Private Limited (NovaAir), a PAG investee company inIndia today announced that t...
CLOU Unveils New Energy Storage Solution and Signs Multiple European Partnerships at ees Europe
MUNICH, Germany, June 24, 2024 /PRNewswire/ -- In its third showing at ees Europe, CLOU is releasing new energy storage solutions and products that will helpEurope continue its transition to clean energy. These new releases include the CLOU Engineering & Procurement Package ("EP Package") solutio...
KPS CAPITAL PARTNERS TO SELL EVIOSYS TO SONOCO FOR €3.615 BILLION
NEW YORK, June 24, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into an agreement for its portfolio company, Eviosys (the "Company"), to be sold to Sonoco Products Company ("Sonoco", NYSE: SON), aHartsville, South Carolina-based global leader in high-...
Taipei Internet Exchange and AMS-IX Hong Kong expand connectivity network with global reach
CHIEF, HGC and AMS-IX enter into partnership HONG KONG, June 24, 2024 /PRNewswire/ -- Chief Telecom (CHIEF), the operator ofTaiwan's largest Internet Exchange (TPIX), the world's leading Internet ExchangeAMS-IX, and HGC Global Communications Limited (HGC), a fully-fledged ICT service provider an...
Delta Electronics and Texas Instruments Unveil Joint Innovation Laboratory to Develop Advanced Power Systems for Electric Vehicles
TAIPEI, June 21, 2024 /PRNewswire/ -- Delta, a global leader in power management and a provider of IoT-based smart green solutions, today announced the establishment of a joint innovation laboratory with Texas Instruments (TI), a global semiconductor leader. With TI's innovative technologies and ...
Virtual IT Group signs definitive agreement to secure investment from The Riverside Company to accelerate growth
SYDNEY, June 21, 2024 /PRNewswire/ -- Leading Australian IT Managed Service
Provider,Virtual IT Group
Airtel Africa embarks on digital customer value management of 150 million subscribers with WebEngage
MUMBAI, India and DUBAI, UAE, June 20, 2024 /PRNewswire/ -- Airtel Africa, a
leading telco group with more than 150 million subscribers across 14 African
countries, has partnered with WebEngage, to drive its digital customer base
management.
Masdar and GEK TERNA Strike Landmark €3.2bn¹ Deal: UAE Renewables Champion to Acquire Greece's TERNA ENERGY
* Deal represents largest ever energy transaction on Athens Stock Exchange, and one of largest in EU renewables Industry * Masdar has signed a definitive agreement with GEK TERNA and other shareholders to acquire initially 67%2 of the outstanding shares of TERNA ENERGY at completion of the tr...
BEST Inc. Enters into Definitive Agreement for "Going Private" Transaction
HANGZHOU, China, June 20, 2024 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agre...
Norfund grants US$30 million convertible loan to SeABank
HANOI, Vietnam, June 20, 2024 /PRNewswire/ -- Norfund, the Norwegian Investment
Fund for Developing Countries, has decided to investUS$30 million to Southeast
Asia Commercial Joint Stock Bank (SeABank
LD Carbon Closes $28M Investment to Scale Production of Sustainable Carbon Black and Pyrolysis Oil
Woven Capital leads Series C round to advance the circular economy by diverting used tires from landfills and supporting development of high-performance recycled car parts SEOUL, South Korea, June 19, 2024 /PRNewswire/ -- LD Carbon, a leading producer of recovered carbon black, closed a$28M Seri...
ZA Tech Rebrands as Peak3, Raises US$35M Series A led by EQT
SINGAPORE, June 19, 2024 /PRNewswire/ -- ZA Tech, the next-generation insurance
core system SaaS provider, has rebranded asPeak3
ZA Tech Rebrands as Peak3, Raises US$35M Series A from EQT and Alpha JWC Ventures
SINGAPORE, June 19, 2024 /PRNewswire/ -- ZA Tech, the next-generation insurance
core system SaaS provider, has rebranded asPeak3
LD Carbon Closes $28M Investment to Scale Production of Sustainable Carbon Black and Pyrolysis Oil
Woven Capital leads Series C round to advance the circular economy by diverting used tires from landfills and supporting development of high-performance recycled car parts SEOUL, South Korea, June 18, 2024 /PRNewswire/ -- LD Carbon, a leading producer of recovered carbon black, closed a$28M Seri...
Nota AI®, Leading AI Optimization Company, Secures $19.9 Million Series C Funding to Pioneer On-Device Generative AI
* Cumulative funding reaches approximately $42.6 million since inception, solidifying Nota AI's position as Korea's leading on-device AI innovator * IPO preparations for 2025 are underway with strong backing from lead underwriter * Participation from global AI semiconductor CVC and major AI ...
SUSE Acquires StackState to Provide Full Stack, Cloud Native Observability
End-to-end observability platform enhances Rancher Prime, enables customers to manage complexity at scale with confidence BERLIN, June 18, 2024 /PRNewswire/ -- (SUSECON 2024) -- SUSE®, a global leader in innovative, open and secure enterprise-grade solutions, today announced that it has acquired...
JOHNSON CONTROLS HITACHI AIR CONDITIONING MALAYSIA SDN BHD CELEBRATES 35 YEARS OF BUILDING A LEGACY IN MALAYSIA
- Continuous development of new products and technology upgrades at the manufacturing factory inBandar Baru Bangi BANDAR BARU BANGI, Malaysia, June 18, 2024 /PRNewswire/ -- Johnson Controls Hitachi Air Conditioning Malaysia Sdn Bhd, the leading manufacturer of Hitachi air conditioners, recently...
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