Investment & Financing
Global 2021 AI Venture Capital Investment Nears 2019 Historical High at US$22.3 Billion
SINGAPORE, July 20, 2022 /PRNewswire/ -- The global Venture Capital (VC) investment in Artificial Intelligence (AI) was close to its peak, reaching US$22.3 billion in 2021. According to ABI Research, a global technology intelligence firm, this is justUS$0.4 million shy of the historical high of U...
FNZ acquires Swiss private banking technology company New Access to open up wealth together
* The acquisition represents a further investment by FNZ in the growing private banking sector and will increase its presence in the cross-border wealth centers ofSwitzerland, Liechtenstein and Luxembourg. * New Access' award-winning private banking digital solutions and talent will further e...
Shanghai University Acquires Gale Scholar to Support Digital Humanities Growth
Rare and Unique Primary Sources Expand Student and Faculty Access to Humanities and Social Sciences Research Materials FARMINGTON HILLS, Mich. and SHANGHAI, July 20, 2022 /PRNewswire/ -- Shanghai University has acquired Gale Scholar from Gale, part of Cengage Group, opening up new possibilities ...
Christie's International Real Estate Eyes Major Expansion In Japan With H2 Group
H2 Christie's International Real Estate will be the exclusive affiliate for Hokkaido and expand the brand to major cities in Japan through a Master Licensing Agreement CHICAGO and NISEKO, Japan, July 20, 2022 /PRNewswire/ -- Christie's International Real Estate, the world's leading luxury r...
HydraForce signs acquisition agreement with Bosch Rexroth
Two complementary players unite to offer comprehensive product portfolio for mobile and industrial applications * Joint portfolio broadens global offering * Customers benefit from additional sales channels * Combined business to leverage complementary strengths LINCOLNSHIRE, Ill., July 19, ...
BRANCH ACQUIRES NOVA LAUNCHER AND SESAME UNIVERSAL SEARCH TO CREATE NEW WAYS FOR USERS TO FIND AND ENGAGE WITH APPS
The Most Popular Third-party Launcher, Nova, and Upstart On-device Search Engine, Sesame, Assist Branch in Development of Next Generation App Discovery and Navigation PALO ALTO, Calif., July 19, 2022 /PRNewswire/ -- Branch, the leader in mobile linking and measurement, has acquired Nova Launc...
Quantum Solutions starts production of electric vehicles in Thailand as it targets sales to large Thai companies
HONG KONG, July 19, 2022 /PRNewswire/ -- Quantum Solutions (Quantum), an electric vehicle (EV) developer listed on the Tokyo Stock Exchange, announced that it has started production of its FOMM ONE EV model inThailand in an important milestone for Quantum's transition to providing affordable and ...
A2MAC1 acquires effution and strengthens its competitive insights offerings in software engineering and benchmarking solutions
A2MAC1 and effution, an acquisition that consolidates the group's software engineering and benchmarking expertise PARIS, July 19, 2022 /PRNewswire/ -- effution is an industry-agnostic software engineering and benchmarking company, founded in 2014 byJoachim Gielnik in Augsburg,Germany. effution p...
Fuwei Films (Holdings) Co., Ltd. Enters into an Agreement and Plan of Merger with Baijiayun Limited, a Video SaaS/PaaS, Video Cloud and Software, Video AI and System Solution Provider
BEIJING, July 18, 2022 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company") and Baijiayun Limited ("Baijiayun"), a video SaaS/PaaS, video cloud and software, video AI and system solution provider, today announced that they have entered into an Agreement...
Royal Caribbean Group acquires cruise ship Endeavor, growing Silversea Cruises' expedition offerings
MIAMI, July 18, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today announced it has received court approval to acquire the ultra-luxury cruise ship Endeavor. Originally delivered to Crystal Cruises in 2021, the ship will be renamed Silver Endeavour when it officially joins the Group's w...
Phaidon International Agrees to Partner with Global Investor Consortium Led by Further Global
LONDON, July 18, 2022 /PRNewswire/ -- Phaidon International, the professional services firm focused on identifying, sourcing and securing business critical talent to roles across more than 4,000 clients, has entered into an agreement to be acquired by a global investor consortium led by funds man...
Union Bancaire Privée reports net profit of CHF 112.6 million for the first half of 2022
First half-year results 2022 * UBP's net profit was CHF 112.6 million in the first half of 2022, up 12.4% from CHF 100.2 million a year earlier. * Revenues increased by 10.5%, driven by a higher net interest margin and recent acquisitions. * Assets under management totalled CHF 148.2 billio...
Alef Education expands digital learning agreement to reach 1.5 million students in Indonesia
The award-winning AI platform enhances its global presence in cooperation with MoRA JAKARTA, Indonesia, July 15, 2022 /PRNewswire/ -- As part of its commitment to foster digital education and in line with the UAE's efforts to promote smart transformation in education and knowledge sectors,Alef E...
H.C. Starck Invests in Nyobolt, an Ultra-fast Charging, Ultra-high Power Density Battery Business
Nyobolt is the Only Known Tungsten Intensive Battery Business Nearing Commercialization GOSLAR, Germany, July 15, 2022 /PRNewswire/ -- H.C. Starck Tungsten Powders ("HCS"), a wholly owned subsidiary of Masan High-Tech Materials ("MHT"), today announced the signing of definitive agreements to inv...
Nippon Express (Taiwan) Acquires Bonded Certification, Establishes New Air-conditioned Space and Expands Functions at Tainan Warehouse
- Efforts All Aimed at Meeting Expanding Semiconductor-related Demand - TOKYO, July 15, 2022 /PRNewswire/ -- Nippon Express (Taiwan) Co., Ltd. (hereinafter "NX Taiwan"), a group company of Nippon Express Holdings, Inc., became the first Japanese logistics company this past February to obtain bond...
Ericsson receives regulatory approval to complete acquisition of Vonage
STOCKHOLM, July 15, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that it has received clearance from the Committee on Foreign Investments inthe United States (CFIUS) to complete its acquisition of Vonage Holdings Corp. (NASDAQ: VG) ("Vonage"). This represents the final requisite ...
Globe's 917Ventures partners with AC Ventures to explore business opportunities, grow ecosystem
MANILA, Philippines, July 15, 2022 /PRNewswire/ -- Globe Capital Venture Holdings, Inc. (917Ventures), the corporate venture builder of top Philippine digital solutions platform Globe Telecom, has partnered with AC Ventures, a subsidiary of Filipino conglomerate Ayala Corp. (Ayala), to explore bu...
Industrial AI enterprise Detect Technologies raises $28mn in Series B funding led by Prosus Ventures
The company gears to further expand its global footprint to fulfil the
accelerating demand for industrial automation
CHENNAI, India, July 15, 2022 /PRNewswire/ -- Detect Technologies
Powin Announces $135M Growth Equity Investment from GIC, Trilantic Energy Partners North America, and Energy Impact Partners
* Investment will provide significant capital in support of Powin's continued growth and international expansion * GIC joins existing investors, Trilantic North America and Energy Impact Partners * Investment extends Powin's leadership position in grid-scale energy storage * Investment com...
Powin Announces $135M Growth Equity Investment from GIC, Trilantic Energy Partners North America, and Energy Impact Partners
* Investment will provide significant capital in support of Powin's continued growth and international expansion * GIC joins existing investors, Trilantic North America and Energy Impact Partners * Investment extends Powin's leadership position in grid-scale energy storage * Investment com...
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