Investment & Financing
Future FinTech Announces Acquisition of Nice Talent Asset Management
BEIJING, July 16, 2020 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain e-commerce and financial technology company, announced today that, further to itsMarch 26, 2020 press release, it has entered into a Share Exchange Agr...
DRX attracts USD 10M investment
* DRX has secured League-leading cashable assets ahead of franchise launch withUSD 10M investment * Main investment factors are DRX's global fandom, player-discovery big data system, and its independent revenue model * DRX plans to use investment fund for strengthening the infrastructure and...
Superland Group Holdings Limited announces its subscription results, recorded approximately 10 times of over-subscription for its HK public offer
HONG KONG, July 16, 2020 /PRNewswire/ -- Superland Group Holdings Limited ("Superland Group" or the "Company", together with its subsidiaries, the "Group"; stock code: 0368.HK), a leading established contractor based inHong Kong, is pleased to announce the subscription results for its shares unde...
Acronis Acquires DeviceLock, Adds Data Loss Prevention and Device Control to Growing Cyber Protection Portfolio
SINGAPORE, July 16, 2020 /PRNewswire/ -- Acronis
CB Insights acquires VentureSource data from Dow Jones, significantly expanding private markets coverage
NEW YORK, July 15, 2020 /PRNewswire/ -- CB Insights, which helps the world's leading companies make smarter technology decisions, has acquired the data assets of VentureSource, a comprehensive portfolio relating to venture capital markets, from Dow Jones. The VentureSource database provides deta...
Terumo Acquires Quirem Medical to Enhance Its Interventional Oncology Field
TOKYO and DEVENTER, Netherlands, July 15, 2020 /PRNewswire/ -- Terumo Corporation (TSE: 4543) today announced it has completed the acquisition of Quirem Medical B.V., aNetherlands-based healthcare startup specializing in the development of next-generation microspheres for Selective Internal Radia...
Smart Retail Tech Startup Cloudpick Raises Series A+ Funding
SHANGHAI, July 14, 2020 /PRNewswire/ -- Cloudpick, the technology startup providing smart retail and artificial intelligence solutions, announced recently that it has raised Series A+ round of funding led by Cathay Innovation. Prior to this, Cloudpick had received investment in a Series A fundra...
Arctic Vision Announces US$32MN in Series A to Expand and Develop Innovative Therapies Pipeline in Ophthalmology
Shanghai, July 13, 2020 /PRNewswire/ -- Arctic Vision, a clinical-stage biotechnology company incubated by Nan Fung Life Sciences and Pivotal BioVenture Partners China in 2019, today announced its$32mn Series A financing led by Morningside Ventures, together with its existing investors. Arctic V...
Tronsmart Becomes New Player in Hybrid Active Noise Cancelling TrueWireless Earbuds Market With Apollo Bold
Tronsmart has again partnered with chip company Qualcomm® to release Apollo Bold SHENZHEN, China, July 14, 2020 /PRNewswire/ -- TrueWireless has become a hot trend since Apple released AirPods. Tronsmart released its own earbuds Onyx Ace four months ago which received very positive feedback from ...
GardaWorld Acquires Leading Integrated Security Risk Management Firm WorldAware
Combined with Crisis24, this acquisition marks the creation of a true global leader in the industry. MONTREAL, July 13, 2020 /PRNewswire/ -- GardaWorld Security Corporation (the "Company" or "GardaWorld") is pleased to announce its acquisition of WorldAware, a leading security risk management fi...
Fisker Inc. To List On NYSE Through Merger With Apollo Affiliated Spartan Energy Acquisition Corp.
LOS ANGELES and NEW YORK, July 13, 2020 /PRNewswire/ -- Fisker Inc. ("Fisker") and Spartan Energy Acquisition Corp. ("Spartan") (NYSE:SPAQ), a special purpose acquisition company sponsored by an affiliate of Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "...
ICIS Announces It Has Acquired Chemical Data (CDI)
HOUSTON, July 13, 2020 /PRNewswire/ -- ICIS, part of RELX, today announced it has acquired Chemical Data,LLC (CDI), a leading provider of US petrochemical price benchmarks, market analysis, and predictive analytics, based inHouston. The combined capabilities create a global presence and trusted i...
Cold Solutions Chooses Tatu City for Largest Cold Chain Facility in East Africa
NAIROBI, Kenya, July 13, 2020 /PRNewswire/ -- Cold Solutions, a leading
temperature-controlled warehouse and logistics service provider, announced that
it will investUSD 70 million to construct state-of-the-art,
temperature-controlled cold storage warehouses inKenya.
China Everbright Limited and Terminus Technologies Launch A 10-Billion AI Economy Fund
BEIJING, July 12, 2020 /PRNewswire/ -- China Everbright Limited ("CEL"), and Terminus Technologies (Terminus), recently announced the joint launch of "CEL AI Economy Fund", aiming to raiseRMB 10 billion and operate in both Renminbi and US dollars. So far, the fund has received RMB 7 billion in ...
EQT Infrastructure Enters Into a New Scheme Implementation Agreement With Metlifecare
* APVG, an entity owned by EQT Infrastructure has entered into a new Scheme Implementation Agreement to acquire 100 percent of Metlifecare's shares * The transaction consideration of NZD 6.00 per share gives a total consideration of approximatelyNZD1.3 billion * Metlifecare's largest shareho...
Career Star Group Reach Milestone to Shake Up the Outplacement Industry
Career Star Group announce ownership of innovative global outplacement platform via the asset deal of CareerArc by Gi Group. LONDON, July 10, 2020 /PRNewswire/ -- Gi Group, one of the world's leading companies providing services for global staffing needs, announced this week their acquisition of...
Pudu Robotics Raised over $15M Series B Financing with Meituan as the Exclusive Investor
SHENZHEN, China, July 9, 2020 /PRNewswire/ -- On July 1, 2020, Pudu Robotics, an indoor delivery robot provider, officially announced the completion of B round financing of more than$15M with Meituan as the exclusive investor. Zhang Tao, CEO of Pudu Robotics, said the fund would be mainly used to...
BNI® Global Acquires SCION Social to Enhance Global Marketing Initiatives
CHARLOTTE, North Carolina, July 8, 2020 /PRNewswire/ -- BNI® (Business Network International) welcomed Scion Social (Scion) to the BNI family of companies on June 30, 2020. This acquisition represents a key step in BNI's global marketing strategy to impact more business owners around the world. W...
Senmiao Technology Signs an Investment Agreement with Hongyi Industrial Group to Invest RMB50 Million in Senmiao's Auto Business
CHENGDU, China, July 8, 2020 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry inChina, today announced that its Chinese variable interest entity has secured aRMB50 million (...
IBM to Acquire WDG Automation to Advance AI-Infused Automation Capabilities for Enterprises
ARMONK, New York, July 8, 2020 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has reached a definitive agreement to acquire Brazilian software provider of robotic process automation (RPA) WDG Soluções Em Sistemas E Automacao De Processos LTDA (referred to as "WDG Automation" throughout). The ...
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