Investment & Financing
Microsoft and the BMW Group launch the Open Manufacturing Platform
- Technology framework and open community to share smart factory solutions across the automotive and manufacturing sectors to significantly accelerate future industrial IoT developments. - Utilizing industrial use cases and sample code, community members and partners will have the capability to ...
Amnet New York and Taazu Announce Merger
NEW YORK, April 2, 2019 /PRNewswire/ -- Amnet New York Inc, the 3rd largest US based travel company servicing the Japanese market, today announced the merger with Taazu Inc, aNew York based travel technology platform. Amnet, founded in 1988 and based in New York with offices across the US, has ...
Thales Completes Acquisition Of Gemalto To Become A Global Leader In Digital Identity And Security
* Thales (Euronext Paris: HO) has today completed the acquisition of Gemalto (Euronext Amsterdam and Paris: GTO), creating a global leader in digital identity and security. * With Gemalto, Thales will cover the entire critical decision chain in a digital world, from data generation via senso...
Ferrero To Acquire Kellogg Company's Cookies and Fruit Snacks Businesses
LUXEMBOURG, April 2, 2019 /PRNewswire/ -- The Ferrero Group and its related companies ("Ferrero"), a global confectionary group, today announced a definitive agreement pursuant to which it will acquire the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses from Kellog...
Trade Ledger and Nimbla Partner on the Launch of First Ever Marketplace-as-a-service for Business Finance Providers
LONDON, April 2, 2019 /PRNewswire/ -- Trade Ledger, the world's first open banking platform for business credit automation and Nimbla, the pioneering trade credit insurance platform, have today announced a new partnership to streamline trade finance and insurance processes for banks and lenders. ...
SAI Global Completes Acquisition of BWise® from Nasdaq
CHICAGO, April 1, 2019 /PRNewswire/ -- SAI Global, a recognized leader of
integrated risk management (IRM) solutions
CreditEase Invests in Qupital, Hong Kong's Largest SME Financing Platform
BEIJING, March 29, 2019 /PRNewswire/ -- CreditEase, a Beijing-based leading FinTech conglomerate inChina, announced today that its direct investment arm, CreditEase FinTech Investment Fund (CEFIF), led the investment of Qupital's Series A capital raise ofUSD 15 million, with additional capital in...
BioFishency Raises $2.4 Million for Its Water Treatment Systems for Aquaculture
MISGAV, Israel, March 27, 2019 /PRNewswire/ -- BioFishency Ltd. ("BioFishency"
or "the Company"),
China Synergy Fund Has Signed its First Buyout Deal in France
BEIJING, March 27, 2019 /PRNewswire/ -- China Synergy Fund, co-managed by CICC Capital and TPG, today announces that it has entered into an exclusivity agreement with Impala to acquire Electropoli, a leading provider of surface treatment services inEurope, notably for the automotive industry. F...
Hong Kong's Largest SME Financing Platform Qupital Secures US$15M Series A for Greater China Expansion
HONG KONG, March 27, 2019 /PRNewswire/ -- Qupital, Hong Kong's largest online, small and medium enterprise (SME) trade financing platform, have announced the completion of their Series A capital raise ofUSD 15 million. The round was led by CreditEase FinTech Investment Fund (CEFIF), a leading Fin...
BabyTree Invests in Indian Women-Centric Network Healofy to Further Extend its Footprint in Overseas Market
BEIJING, March 27, 2019 /PRNewswire/ -- BabyTree Group ("BabyTree" or the "Company") (stock code: 1761.HK), the largest and most active maternity and child-focused (M&C) community platform inChina, today announced that it recently led a US$8 million Series A funding round in Healofy, a leading ...
MAG Aerospace Australia Acquires Encore Aviation
FAIRFAX, Va., March 26, 2019 /PRNewswire/ -- MAG Aerospace (MAG) has acquired twoAustralia-based entities; Encore Aviation and Encore Helicopter Maintenance ("Encore Aviation"). Encore Aviation is a leading maintenance organisation supporting General Aviation inAustralia and provides home base an...
McDonald's to Acquire Dynamic Yield, Will Use Decision Technology to Increase Personalization and Improve Customer Experience
Acquisition fast-tracks McDonald's digital transformation CHICAGO and NEW YORK and TEL AVIV, Israel, March 26, 2019 /PRNewswire/ -- McDonald's Corporation (MCD) and Dynamic Yield Ltd. today announced an agreement by which McDonald's will acquire Dynamic Yield, a leader in personalization and ...
Bolton Labs Expands Presence in Southeast Asia With Acquisition of Cybersecurity Solutions Provider, Phylasso Security
BOCA RATON, Florida, March 25, 2019 /PRNewswire/ -- Bolton Labs today announced their acquisition ofPhilippines-based cybersecurity solutions firm, Phylasso Security. The addition of Phylasso Security's capabilities, leadership, and customers further extends Bolton Labs' reach in the Southeast As...
Electrolux Issues SEK 1 Billion Green Bond
STOCKHOLM, March 25, 2019 /PRNewswire/ -- Electrolux is issuing the first bond loan within its green bond framework, raisingSEK 1 billion to fund investments and other projects with environmental benefits. The bond is being issued under Electrolux existing EMTN (Euro Medium Term Note) program a...
Rhenus establishes its own network in South Africa by acquiring World Net Logistics
JOHANNESBURG, March 25, 2019 /PRNewswire/ -- The Rhenus Group took over the South African freight forwarding and logistics specialist, World Net Logistics (WNL), which has its headquarters inJohannesburg, in March 2019. In addition to having a dense network of business sites inSouth Africa, the...
Arçelik to Acquire Singer Bangladesh Operations for $75 Million
Arçelik continues to expand its footprint in Asia-Pacific, announcing the acquisition of Retail Holdings Bhold BV which is the majority shareholder of Singer Bangladesh, one of the leading home appliances retailers and manufacturers inBangladesh for $75 million The deal is key to Arçelik's strat...
Lear Invests in Israel-Based Maniv Mobility Venture Capital Fund
SOUTHFIELD, Mich. and SHANGHAI, March 22, 2019 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has invested in anIsrael-based venture capital fund managed by Maniv Mobility that is focused on advancing mobility techn...
Yili inks deal with New Zealand's Westland Milk
AUCKLAND, New Zealand, March 20, 2019 /PRNewswire/ -- China's largest dairy
company Yili Group signed a conditional agreement withNew Zealand-based
Westland Milk inAuckland on March 18.
NEXT Biometrics and WizCard to Enhance Biometric Smart Cards With Display Feature
OSLO, Norway, March 20, 2019 /PRNewswire/ -- NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, announces that it has signed an agreement withTaiwan-based WizCard on the development of biometric smart card solutions. WizCard offers Build-In Module (BDM) design s...
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