Investment & Financing
Qualcomm and SSW Partners Reach Definitive Agreement to Acquire Veoneer
All-cash transaction at $37.00 per share provides superior value to Veoneer shareholders Acquisition agreement structure positions all of Veoneer's businesses for success Augments Qualcomm's ability to create an open and competitive ADAS platform for the global auto industry SSW Partners to ac...
BAI Communications closes acquisition of Mobilitie, cementing its extended reach and services across North America
NEW YORK and NEWPORT BEACH, Calif., Oct. 4, 2021 /PRNewswire/ -- BAI
Communications
One Capital leads Pre-A financing for Shanghai NOD flavored water
SHANGHAI, Oct. 4, 2021 /PRNewswire/ -- NOD, which stands for No Ordinary Drink; a new beverage company headquartered inShanghai, announced today the closing of its pre-A round of fundraising (amount undisclosed). One Capital (ONE) served as the lead investor, with follow-on investments from Mr...
United Safety acquires Fireboy-Xintex from W.S. Darley & Co.
Largest fire suppression acquisition in the organization's history, strategically grows the business internationally and adds focus on marine industry. EXTON, Pa., Oct. 4, 2021 /PRNewswire/ -- United Safety & Survivability Corporation, a global manufacturer of safety and survivability solutions,...
PacketFabric Announces Acquisition of RSTOR
Integrated solutions to power hybrid and multi-cloud data mobility CULVER CITY, Calif., Oct. 4, 2021 /PRNewswire/ -- PacketFabric, the leading provider of carrier-class, on-demand connectivity for the enterprise cloud core, today announced the acquisition of privately heldRSTOR, Inc., headquarte...
PacketFabric Announces Acquisition of RSTOR
CULVER CITY, Calif., Oct. 4, 2021 /PRNewswire/ -- PacketFabric, the leading provider of carrier-class, on-demand connectivity for the enterprise cloud core, today announced the acquisition of privately heldRSTOR, Inc., headquartered inSaratoga, CA., a cloud-based provider of storage and data mob...
DAZN And YouTube Launch UEFA Women's Champions League Coverage Live Around The World
Fans can watch all 61 matches on DAZN and free on DAZN's YouTube channel beginning with the group stage kickoff tomorrow 5 October DAZN assembles biggest on-air team ever to cover women's football for a single broadcaster and unveils new plans around 'We All Rise' city series, Game of the Week, ...
SeABank (Vietnam) increases its charter capital to nearly US$ 590 million
HANOI, Vietnam, Oct. 4, 2021 /PRNewswire/ -- After obtaining the approval of the State Bank ofVietnam as per the Decision No.1489/QD-NHNN dated September 17, 2021, Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) raised its charter capital fromUS$ 531 million to nearly US$ 59...
UK digital supply chain and freight platform Beacon raises $50 million Series B round
LONDON, Oct. 4, 2021 /PRNewswire/ -- Highlights: * $50 million raised in oversubscribed Series B fundraise * Round led by new investor Northstar.vc * Funds will accelerate growth by investing in people, technology and continued market expansion * Round follows on from $15 million Series ...
N.THING, a South Korean AgriTech startup secures $26 million in fundraising to accelerated growth and expansion worldwide
SEOUL, South Korea, Oct. 4, 2021 /PRNewswire/ -- Korean AgriTech startup N.Thing, has raised$21 million in series B fundraising that is up from a $5 million in previous series that is secured $26 million in total. This has been runned as an additional round of series B funding, led by InterVest a...
HH Global announces the acquisition of Noosh
LONDON and CHICAGO, Oct. 2, 2021 /PRNewswire/ -- HH Global is pleased to announce the completion of the acquisition of Noosh, following the signing of an agreement onSeptember 30, 2021. HH Global identified Noosh as the best-in-class global technology solution provider with over$1.2b in marketin...
Global Infrastructure Partners Announces Preferred Equity Investment in Easton Energy
NEW YORK, Oct. 2, 2021 /PRNewswire/ -- Global Infrastructure Partners ("GIP") announced that it has made a preferred equity investment of up to$245 million in Easton Energy LLC ("Easton"). Easton is a Houston based midstream company focused on developing infrastructure assets that support the t...
Delta to Acquire Global Video Surveillance Provider March Networks to Bolster Its Building Automation Solutions
TAIPEI and OTTAWA, ON, Oct. 1, 2021 /PRNewswire/ -- Delta, a global leader in power and thermal management solutions, today announced its board of directors has approved the purchase of 100% of the shares in Infinova (Canada) Ltd., owner of Canadian-based video surveillance and business intellige...
BRI's Rights Issue Oversubscribed, Raises IDR 95.9 Trillion in Funding
JAKARTA, Indonesia, Oct. 1, 2021 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI)has raised IDR 95.9 trillion from the issuance of IDR 28.2 billion rights issue for Ultra Micro Holding's establishment. The figure has shown a great achievement with oversubscribed rights issue, as...
Poly becomes strategic partner of the Telepo Alliance Program
BRUSSELS, Oct. 1, 2021 /PRNewswire/ -- Telepo, part of the Destiny Group - a European provider of secure cloud and business communication - adds Poly as a strategic partner to its Telepo Alliance Program. Launched inMay 2021, the Alliance Program is a program that provides a Telepo system and fra...
Ruipu Energy Enters Global Energy Storage Market Backed by Fortune Global 500 Powerhouse Tsingshan Industry
SHANGHAI, Sept. 30, 2021 /PRNewswire/ -- Ruipu Energy Co., Ltd. (REPT) has become the first new energy enterprise to receive investment from Tsingshan Industry, a world-leading stainless steel and nickel iron producer with its own deep rich nickel, cobalt and lithium resources which ranked 279th ...
Mach49 Expands Singapore Hub to Further Advance Corporate Venture Building in Asia
Mach49 appointed as a venture studio of the Corporate Venture Launchpad, a programme by the Singapore Economic Development Board SINGAPORE and REDWOOD CITY, Calif., Oct. 1, 2021 /PRNewswire/ -- Today, Mach49 , the growth incubator for global businesses, announced its appointment as a venture stud...
Meaningful Partners Announces Strategic Growth Investment in Active Apparel Group
LOS ANGELES, Oct. 1, 2021 /PRNewswire/ -- Meaningful Partners LLC (together with certain affiliates, "Meaningful"), a Los-Angeles based private equity firm, announced today the completion of a strategic growth investment in Active Apparel Group ("AAG" or the "Company"), a leading, socially-respon...
Tarena Delivers Notice of Intent to Terminate Merger Agreement Due to Breach by Parent and Merger Sub
BEIJING, Sept. 30, 2021 /PRNewswire/ -- Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company"), a leading provider of adult professional education and childhood & adolescent quality education services inChina, today announced that it has delivered a written notice to Kidedu Holding...
BGV Raises $110M to focus on Enterprise AI and Cross-Border Investments
With a global set of LPs from Europe, Asia and the U.S., the VC firm's fourth fund will support disruptive Enterprise 4.0 companies from around the world. SAN FRANCISCO, Oct. 1, 2021 /PRNewswire/ -- Silicon Valley-based venture capital (VC) firmBenhamou Global Ventures (BGV), which invests in Ent...
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