Investment & Financing
SKF Acquires Industrial AI Company
GOTHENBURG, Sweden, Oct. 8, 2019 /PRNewswire/ -- SKF has signed an agreement to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production plants to find and act on anomalies that were ...
Go Global Retail to acquire ModCloth, a leading online specialty retailer of unique women's fashion
Acquisition is strategic investment led by retail and consumer goods experts, Jeffery Streader and Christian Feuer LOS ANGELES, Oct. 5, 2019 /PRNewswire/ -- Go Global Retail today announced plans to acquire the assets ofModCloth, a digitally native retailer of unique women's fashion and accessor...
Self-driving System Provider DeepRoute Raises $50m Round of Funding
SHENZHEN, China, Oct. 4, 2019 /PRNewswire/ -- DeepRoute, an L4 Full Stack Self-Driving System Provider, has raised about$50 million in a fresh round of funding led by Foshun RZ Capital, jointly by other investment organizations including GoldenSand Capital, Yunqi Partners, Ventech China and Green...
Innovent Biologics Announces a New Placement Raised HK$2,351.33 Million
SUZHOU, China, Oct. 4, 2019 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent" or "the Company") (HKEX: 01801), a world-class biopharmaceutical company that develops and commercializes high quality medicines for the treatment of oncology, autoimmune, metabolic and other major diseases, announc...
Johnson Controls-Hitachi Air Conditioning opens Global Development Center in India
AHMEDABAD, India, Oct. 4, 2019 /PRNewswire/ -- Johnson Controls-Hitachi Air Conditioning today announced the opening of a new Global Development Center in Kadi, Gujarat State,India. The result of a US$22.5 million (approximately 157 Crore India Rupee) investment, the state-of-the-art facility wil...
Seequent Expands Solutions Portfolio With GEOSLOPE's Geotechnical Analysis Software GeoStudio
Combined geoscience tech solutions improve overall engineering and design
workflows to help engineers solve earth, environment and energy challenges
CHRISTCHURCH, New Zealand, Oct. 4, 2019 /PRNewswire/ -- Seequent
TMP Worldwide Grows its Global Footprint with the Acquisition of Maximum; A Netherlands-Based Recruitment Marketing Tech Firm
SINGAPORE, Oct. 3, 2019 /PRNewswire/ -- TMP Worldwide, a global leader in talent acquisition technologies, is enhancing its technology and product marketing capabilities with the acquisition of Maximum, a recruitment marketing tech company that is based inthe Netherlands. Known for its intelligen...
Specialty Chemical Company China XD Plastics Signs US$135 Million Financing Agreement with a Banks Consortium led by Industrial and Commercial Bank of China
HARBIN, China, Oct. 3, 2019 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive appl...
Vodafone partners with Ubitus to launch GameNow(R) 5G Cloud Gaming Service in Italy
MILAN, Italy, Oct. 3, 2019 /PRNewswire/ -- Ubitus Inc., the worldwide cloud gaming technology leader,announces the partnership with Vodafone Italy in the launch of GameNow, the new 5G cloud gaming service exclusive to Vodafone Italy customers. Based on Ubitus' GameCloud® technologies and develop...
Enea Partners With flexiWAN and Intel for Open Source, Secure SD-WAN
STOCKHOLM, Oct. 3, 2019 /PRNewswire/ -- Enea® (NASDAQ OMX Nordic:ENEA) today announced a joint Proof of Concept (PoC) with flexiWAN and Intel, demonstrating a reference solution for secure SD-WAN based on open source applications. It will be showcased at the SDN NFV World Congress inThe Hague, Oc...
Ericsson Completes Acquisition of Kathrein's Antenna and Filter Business
Welcomes employees in R&D, production and sales to its Networks business Expands the Ericsson Radio System portfolio with new products and strengthens its antenna in-house competences and capabilities Complements Ericsson's strong base in Europe STOCKHOLM, Oct. 2, 2019 /PRNewswire/ -- Ericsson (...
Arthur J. Gallagher & Co. Acquires Anthony Hodges Consulting Limited
ROLLING MEADOWS, Illinois, Oct. 2, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition ofWakefield, England-based Anthony Hodges Consulting Limited (AHC). Terms of the transaction were not disclosed. Founded in 1996, AHC is an award-winning pension, change and reward be...
Novo Nordisk and Noom to partner around digital health solutions to help people with obesity lose weight and keep it off
BAGSVÆRD, Denmark, Oct. 2, 2019 /PRNewswire/ -- Novo Nordisk, a global healthcare company, and Noom, a leading behaviour change company, today announced a collaboration on digital health solutions focusing on weight management and education, with the aim of improving the lives of people living w...
Pangolin by TeamRed Labs Makes Cybersecurity More Accessible
HONG KONG, Oct. 1, 2019 /PRNewswire/ -- TeamRed Labs Inc
OnSerro Joins the Zift Zone to Enable Channel Community Communication, Collaboration & Engagement
Zift Zone Strategic Alliance and New Zift Communities Empower Partner Engagement for Channel Sales & Marketing Programs JERSEY CITY, N.J., RESEARCH TRIANGLE PARK, N.C. and LONDON, Oct. 1, 2019 /PRNewswire/ -- Enterprise Channel Management leader Zift Solutions and OnSerro are working together to ...
Blackstone Closes Acquisition of Vungle, a Leading Mobile Performance Marketing Platform
Vungle promotes Jeremy Bondy to Chief Operating Officer NEW YORK, Oct. 1, 2019 /PRNewswire/ -- Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone ("Blackstone") have completed the previously announced acquisition of Vungle, a leading performance marketing platfo...
USSC Group, LLC Acquires Firestorm Fire Protection PTY LTD
EXTON, Pennsylvania, Oct. 1, 2019 /PRNewswire/ -- USSC Group, (USSC), a manufacturer of custom safety survivability and technology products for the transit, military and first responder markets today announced the acquisition of Firestorm Fire Protection PTY LTD. Firestorm Fire Protection, based ...
Highpower International Files Definitive Proxy Statement for Special Meeting to be held on October 29, 2019
SHENZHEN, China, Sept. 30, 2019 /PRNewswire/ -- Highpower International, Inc. (NASDAQ: HPJ) ("Highpower" or the "Company"), a developer, manufacturer, and marketer of lithium ion and nickel-metal hydride (Ni-MH) rechargeable batteries, battery management systems, and a provider of battery recycli...
Announcement of Change in the Total Number of Votes in AB SKF
GOTHENBURG, Sweden, Sept. 30, 2019 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 30 September the Company's share capital amounts to SEK 1,138,377,670 and the total number of...
58.com Announces Entry into Definitive Agreements to Convert Profit Participation Right and Acquire Shares of Golden Pacer
BEIJING, Sept. 30, 2019 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"),China's largest online market place for classifieds, today announced that it has entered into definitive agreements to acquire a certain number of shares ofGolden Pacer, a leading financial technology pla...
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