Investment & Financing

G7 Connect and E6 Technology Announce Completion of Merger

2022-06-11 11:38 7382

The merger combines IoT technology with software services to empower the road freight transport sector BEIJING, June 10, 2022 /PRNewswire/ -- G7 Connect Inc. ("G7"), a fleet management company backed byTencent Holdings Ltd., and E6 Technology ("E6"), announced the merger of the two companies. Th...

NaaS Technology Inc. Announces Completion of Merger and New Board and Management

2022-06-11 04:30 6778

BEIJING, June 10, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) (the "Company"), one of the largest and fastest-growing electric vehicle charging service providers inChina, today announced the successful completion of the transaction previously announced onFebruary 8, 2022 between RISE...

RISE Education Announces Expected Timing for the Completion of the Merger with Dada Auto Inc.

2022-06-11 00:32 9647

BEIJING, June 10, 2022 /PRNewswire/ -- RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU) announced that it expects to close the merger between RISE and Dada Auto Inc. ("NaaS") previously announced onFebruary 8, 2022 (the "Transaction") after the close of trading hours for the Nas...

China Liberal Education Holdings Limited Enters into Definitive Agreement to Acquire Oriental Wisdom Cultural Development Co., Ltd.

2022-06-10 19:00 5277

To accelerate the Company's business expansion in the vocational education industry BEIJING, June 10, 2022 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educa...

BRV China-Backed Edge Cloud Provider PPIO Closes RMB 250 Million Series A Financing

2022-06-10 18:15 2845

BEIJING, June 10, 2022 /PRNewswire/ --  PPIO, a leading provider of edge cloud services, has raised nearlyRMB 250 million (approx. USD 37.6 million) in a Series A financing led by Panlin Capital, China Creation Ventures (CCV), Shanghai Zhangjiang Technology Venture Investment and IMO Ventures, an...

RAD adds brain tumor technology to portfolio

2022-06-10 10:21 2998

* Sublicensing of promising imaging & therapeutic radiopharmaceutical from leading US university,Case Western Reserve University (CWRU), Ohio * PTPµ (PTPmu), the target, is a unique biomarker present only in tumor cells but not healthy cells * The radionuclide carrying PTPµ-targeting agent h...

Mentice AB acquires all assets related to the software solution Ankyras from the Spanish corporation Galgo Medical S.L.

2022-06-10 04:59 3145

STOCKHOLM, June 10, 2022 /PRNewswire/ -- In accordance with the press release published on9 June 2022, Mentice AB (publ) ("Mentice" or the "Company"), has entered into an agreement (the "Agreement") to acquire all assets relating to the software solution Ankyras ("Ankyras") from Galgo Medical S.L...

Mentice AB intends to acquire all assets related to the software solution Ankyras from the Spanish corporation Galgo Medical S.L.

2022-06-10 00:48 3328

STOCKHOLM, June 10, 2022 /PRNewswire/ -- Mentice AB (publ) ("Mentice" or the "Company"), a leading provider of high-tech solutions for decision support and productivity with the medical field of image guided interventional therapies, announces the intention to acquire all assets of the Ankyras so...

Siemens invests in WiTricity to advance wireless charging for electric vehicles

2022-06-09 18:00 4046

* The companies will work together to drive adoption of open, interoperable standards in wireless charging for global electric vehicle (EV) infrastructure                        * Siemens makes strategic investment in WiTricity and licenses their technology for future wireless EV charging prod...

"Asia's Largest Single Music IP Asset Management Company" Beyond Music, Took Over Interpark Music Division's Neighboring Copyrights, Securing Sweeping IP

2022-06-09 10:24 2479

- Beyond Music acquires all of Interpark Music Department's neighboring copyrights - Accumulated over 25,000 music works with the securement of neighboring rightsof 878 hit songs including Davichi's "8282" and T-ara's "Roly-Poly" - With its operating assets of approximately 300 billion won, Beyo...

SwanLink, an OpenHarmony joint venture between iSoftStone Group, Wuxi National High-Tech District and Venturous Group, is launched

2022-06-09 10:00 4108

WUXI, China, June 9, 2022 /PRNewswire/ -- iSoftStone Group, the leading software and IT services provider for digital transformation inChina, Venturous Group,China's first Citytech™ Group, and Wuxi National High-Tech District have formed a new joint venture company, SwanLink (Jiangsu) Technology ...

TeraWatt Technology completes Series B funding to accelerate pilot production of its next-gen lithium-ion batteries.

2022-06-09 08:08 2479

SANTA CLARA, Calif., June 9, 2022 /PRNewswire/ -- TeraWatt Technology, a next-gen lithium-ion battery producer for diverse electrified applications, has announced the completion of Series B funding led by Temasek, a global investment company headquartered inSingapore. Investors from Series A, in...

Sharing Economy Entered into MOU with QEV Technologies to Plan for Joint Venture in the development of New Energy Vehicles

2022-06-08 23:14 5781

HONG KONG, June 8, 2022 /PRNewswire/ -- Sharing Economy International Inc. ("SEII") (OTCQB: SEII), announced today that the company has signed an memorandum of understanding with QEV Technologies S.L. ("QEV"), planning to form a joint venture company to develop and market for new energy vehicles ...

Hahn & Co. Acquires SK Group's Polyester (PET) Film Business

2022-06-08 21:27 3083

SEOUL, South Korea, June 8, 2022 /PRNewswire/ -- South Korean private equity firm Hahn & Co. has announced that it has signed definitive agreements to acquire 100% of the polyester film (PET) business fromSouth Korea's SK Group for KRW1.6 trillion (US$1.3 billion). SK's PET film business is the la...

Appota lands Mirae funding for blockchain initiative

2022-06-08 09:01 4788

HANOI, Vietnam, June 8, 2022 /PRNewswire/ -- Appota Group announced today the close of a financing round led by Mirae Asset Venture Investment with participation from other strategic partners. The investment is earmarked for developing the company's blockchain ecosystem based on its 10-year gamin...

SMARTFREN AND MOBILEUM SIGN MULTI-YEAR AGREEMENT TO ENHANCE CUSTOMER EXPERIENCE AND PERSONALIZED PRODUCT DEVELOPMENT

2022-06-08 09:00 4302

Deep Network Analytics and Applied Machine Learning Provides Intelligence Related to Network for Improving Customer Experience CUPERTINO, Calif., June 8, 2022 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, ...

LiveU Acquires its Oceania Channel Partner, Pacific Live Media

2022-06-08 08:00 3012

Strengthens LiveU's go-to-market strategy in key markets, following last year's acquisition of UK partner Garland Partners Ltd. HACKENSACK, N.J., June 8, 2022 /PRNewswire/ -- LiveU, the leader in live video streaming and remote production solutions, today announced the acquisition of its longsta...

SONGTRADR EXPANDS ITS B2B MUSIC TECHNOLOGY SOLUTIONS - ACQUIRES LEADING ADVANCED AI SEARCH COMPANY, MUSICUBE

2022-06-08 02:28 4070

The Hamburg-based AI technology company enables measurable ROI-driven licensing that optimizes the creative performance of content LOS ANGELES, June 8, 2022 /PRNewswire/ -- Songtradr, the world's leading B2B music company, announced today the acquisition of leading AI metadata and music search c...

SafetyCulture invests in groundbreaking IoT player Inauro

2022-06-07 22:10 3285

KANSAS CITY, Mo., June 7, 2022 /PRNewswire/ -- Global workplace operations company,  SafetyCulture , has announced a USD$2.1M investment into data and IoT software company, Inauro . This investment continues SafetyCul...

QIMA Partners with CBX Software to Streamline Supply Chain Quality Management for Brands and Retailers

2022-06-07 20:35 3084

HONG KONG, June 7, 2022 /PRNewswire/ -- QIMA , a global provider of supply chain quality and compliance solutions, and CBX Software, a leading extended product lifecycle management platform provider, have joined forces to offer brands and retailers an integrated solution th...

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