Investment & Financing
Pactera Becomes Member Company of China Electronics Corporation
BEIJING, Jan. 19, 2020 /PRNewswire/ -- The Hong Kong subsidiary of China Electronics Corporation (hereafter "CEC") signed a Share Purchase Agreement (SPA) to acquire Pactera Group. According to the agreement, Pactera is now officially a member company of CEC. Established in 1995, Pactera is an i...
Nippon Express Consolidates Three Group Companies in Italy
TOKYO, Jan. 17, 2020 /PRNewswire/ -- Three Nippon Express Group companies in Italy--Nippon Express Italia Srl, a Milan-based Italian subsidiary of Nippon Express Co., Ltd., Franco Vago SpA (hereinafter "Franco Vago"), and Traconf Srl (hereinafter "Traconf") --were merged to form Nippon Express It...
HMJ International Co., Ltd. (HMJI) Expands its Presence in Indonesia and Malaysia
JAKARTA, Indonesia, Jan. 17, 2020 /PRNewswire/ -- Hotel Management Japan Co. Ltd. (HMJ), a prominent hotel operator that manages some ofJapan's renowned hotels such as the Oriental Hotel Tokyo Bay, Kobe Meriken Park Oriental Hotel, Hilton Tokyo Odaiba, and Namba Oriental Hotel, through its sister...
Huayi Tencent Entertainment Partners with Huayi Brothers for Joint Investment and Production of Roland Emmerich's Moonfall
HONG KONG, Jan. 17, 2020 /PRNewswire/ -- Huayi Tencent Entertainment Company Limited("Huayi Tencent Entertainment" or the "Company"; stock code: 00419.HK; together with its subsidiaries collectively known as the "Group") is pleased to announce that the Company partners withHuayi Brothers, the Com...
Synopsys to Acquire Certain IP Assets of INVECAS
Acquisition Broadens DesignWare IP Portfolio and Adds a Team of Experienced R&D Engineers to Accelerate Physical IP Development MOUNTAIN VIEW, Calif., Jan. 17, 2020 /PRNewswire/ -- Highlights * Acquisition of INVECAS IP broadens Synopsys' DesignWare Logic Library, General Purpose I/O, Embedde...
Synopsys Completes Acquisition of Certain IP Assets from eSilicon
MOUNTAIN VIEW, Calif., Jan. 17, 2020 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has completed its acquisition of certain IP assets from eSilicon. This acquisition expands Synopsys' DesignWare® Embedded Memory IP portfolio with TCAMs and multi-port memory compilers, as w...
Kat Von D Departs + Sells Ownership Shares Of Kat Von D Beauty To Pursue Vegan Shoe Line And Music Tour -- KENDO BRANDS Acquires Remaining Stake, Renames KVD Vegan Beauty
SAN FRANCISCO, Jan. 16, 2020 /PRNewswire/ -- Kat Von D Beauty announced today that founder Kat Von D has made a full departure from the brand to focus on other artistic endeavors (namely, her vegan shoe line and upcoming album), thus making KENDO the sole owner and force behind the beauty line. E...
After Tripling 2019 Sales, Enterprise Results Platform Leader WorkBoard Starts 2020 with $30 Million Series C Round Led by a16z
WorkBoard now the top choice for enterprise results alignment REDWOOD CITY, California, Jan. 16, 2020 /PRNewswire/ -- WorkBoard, the Enterprise Results Management pioneer, announced a$30 million Series C funding round led by Andreessen Horowitz. The round comes as the company tripled sales again...
NewX Energy In Joint Venture With PTBPP Group For Technology Infrastructure Projects Worth US$2.6 Billion
SINGAPORE, Jan. 16, 2020 /PRNewswire/ -- NewX Pte. Ltd. (NewX Energy) and
Bintan Power Plant Group(PTBPP) have signed a joint venture agreement whereby
NewX will exclusively provide technology infrastructure and related services
for projects worthUS$2.6 billion.
Hyundai and Kia Make Strategic Investment in Arrival to Co-develop Electric Commercial Vehicles
* Agreement accelerates Hyundai and Kia's clean-mobility transformation * €100 million investment enables co-development of eco-friendly vans and other products for logistics, on-demand ride-hailing, and shuttle service companies * Partnership takes advantage of Arrival's scalable 'skateboar...
WuXi Biologics and Bayer Enter into an Acquisition Agreement on a Drug Product Plant in Germany
* First drug product facility in Europe to complement WuXi Biologics' existing commercial manufacturing capacities * WuXi Biologics will be the back-up manufacturer for Kovaltry™ of Bayer SHANGHAI and LEVERKUSEN, Germany, Jan. 15, 2020 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a ...
Scan Global Logistics Acquires Australian Pioneer International Logistics as Part of Strategic Pacific and Australian Expansion
STOCKHOLM, Jan. 16, 2020 /PRNewswire/ -- We are pleased to advise that as of 15th January Scan Global Logistics has acquired Pioneer International Logistics (PIL) and welcomes the company and employees into the SGL-family. PIL is uniquely positioned in the Australian market with a strong market p...
Califia Farms Completes Landmark $225 Million Financing with Diverse Group of Global Investors
Funding Provides Califia Farms, a leading plant-based food and beverage company, with long-term capital and global support for continued rapid expansion, and disruption of the $1 trillion+ dairy and ready-to-drink coffee markets LOS ANGELES, Jan. 15, 2020 /PRNewswire/ -- Califia Farms®, a leadin...
FountainVest Acquires Stake in Maoyan Entertainment in Co-Investment with Company CEO
BEIJING, Jan. 15, 2020 /PRNewswire/ -- Maoyan Entertainment ("Maoyan" or "the Company") (Hong Kong: 1896), a leading platform providing innovative, internet-empowered entertainment services inChina, today announced that FountainVest Partners ("FountainVest") has acquired a significant minority s...
Weichai Power Signs Strategic Restructure Agreements with Germany's ARADEX and Austria's VDS to Accelerate Industrialization of New Business Landscape
HONG KONG, Jan. 15, 2020 /PRNewswire/ -- Weichai Power Co., Ltd. ("Weichai Power" or "the Company", HKEX: 2338, SZSE: 000338) signed strategic cooperation agreements withGermany's ARADEX AG ("ARADEX") and Austria's VDS Holding GmbH ("VDS") inJinan, Shandong Province. Mr. Ling Wen, Vice Governor o...
Gemini Rosemont Recapitalizes and Refinances One Twelfth @ Twelfth in Bellevue, Wash.
LOS ANGELES, Jan. 15, 2020 /PRNewswire/ -- Gemini Rosemont Commercial Real Estate, a vertically integrated real estate investment management firm, has completed the recapitalization and refinance of One Twelfth @ Twelfth, a premier office campus located inBellevue, Wash., in partnership with an ...
Lemongrass Secures $10 Million Series C Financing Round Led by Blue Lagoon Capital
ATLANTA, Jan. 14, 2020 /PRNewswire/ -- Lemongrass Consulting
Cellebrite Acquires BlackBag Technologies and solidifies its position as the global leader in Integrated Digital Intelligence Solutions
The acquisition adds a key building block to Cellebrite's portfolio and sets another milestone in its strategic expansion as the global leader in providing industry-leading products to now offering a comprehensive all in one platform of Integrated Digital Intelligence Solutions PETAH TIKVA,...
Five-Star Sports and PacificPine Sports complete merger and close US$8m financing round to create PacificPine Sports Group
SHENZHEN and HONG KONG, Jan. 14, 2020 /PRNewswire/ -- Five Star Sports, a leading nationwide youth basketball academy program in China, and PacificPine Sports, the exclusive licensed operator of the PGA Youth Development Academy in China, have announced the completion of a merger and the closing ...
Japanese Startup Raises $4 Million and Aims to Bring Smart Litter Box to U.S.
KANAGAWA, Japan, Jan. 11, 2020 /PRNewswire/ -- Hachi Tama Inc. announced it has completed its Pre-Series A funding inJapan, cumulative total $4 million ($1 =¥100). The company will use the funds, in part, to further improve the accuracy of the patented early-detection algorithm included in their s...
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