Investment & Financing

Horizon Robotics Valued at $3Bn after B Round, Led by Semiconductor Giants and Top Auto OEMs

2019-02-27 12:20 593

BEIJING, Feb. 27, 2019 /PRNewswire/ -- Horizon Robotics ("The Company"), a leading edge artificial intelligence computing platform, announced its Series B Financing with c.$600 million total investment at a valuation of $3Bn, jointly led by SKChina, SK Hynix, and several top automotive groups and...

Bolton Labs enhances its Security Operations Center Enablement Platform with acquisition of Pandora Labs

2019-02-26 23:07 292

BOCA RATON, Fla., Feb. 26, 2019 /PRNewswire/ -- Bolton Labs today announced their acquisition of Pandora Labs, aPhilippines-based cloud security services provider.Pandora Labs' delivery capabilities will be integrated into Bolton Labs' Security Operations Center Enablement Platform allowing them ...

SK Telecom and Comcast Spectacor Forge Strategic Partnership for Cooperation in Esports Business

2019-02-26 22:31 402

- The two companies plan to promote the establishment of a global esports joint venture to develop global market opportunities together - The companies will promote joint management of global esports teams and co-development of esports content SEOUL, South Korea, Feb. 26, 2019 /PRNewswire/ -- SK...

Rakuten and Sercomm Jointly Announce the World's First Virtualized Small Cell

2019-02-26 15:00 924

By Splitting Distributed Unit and Control Unit of small cell, Rakuten and Sercomm offer Disruptive Solution to Enable Next-generation Mobile Network BARCELONA, Spain, Feb. 26, 2019 /PRNewswire/ -- Rakuten, Inc. (TSE: 4755), a global leader in internet services and soon-to-be the newest mobile net...

Fleet Complete Launches First Cycling Academy in Greece

2019-02-26 14:05 211

Fleet Complete, in a joint venture with SEG Racing Academy in the Netherlands, launched the Fleet Complete Cycling Academy based in Loutraki,Greece. The launch of this new youth initiative will help inspire, develop and strengthen the future of young Greek cyclists. TORONTO, Feb. 26, 2019 /PRN...

Gracell Biotechnologies Completes $85 Million Series B for Immune Cell Gene Therapies

2019-02-26 08:07 766

SHANGHAI and SUZHOU, China, Feb. 26, 2019 /PRNewswire/ -- Gracell Biotechnologies, Co., Ltd. ("Gracell") announced the completion of its$85 million series B funding today. The financing was led by Temasek with Lilly Asia Ventures, Kington Capital, King Star Capital and Chengdu Miaoji also partici...

Gracell Biotechnologies Completes $85 Million Series B for Immune Cell Gene Therapies

2019-02-26 08:07 386

Gracell addresses the issues of complex manufacture and high cost of cellular gene therapeutics SUZHOU and SHANGHAI, China, Feb. 26, 2019 /PRNewswire/ -- Gracell Biotechnologies, Co., Ltd. ("Gracell") announced the completion of its$85 million series B funding today. The financing was led by Tem...

Ericsson to Acquire Kathrein's Antenna and Filters Business

2019-02-25 15:17 6647

STOCKHOLM, Feb. 25, 2019 /PRNewswire/ -- As antenna technology is growing in importance, Ericsson (NASDAQ: ERIC) expands its Ericsson Radio System portfolio with new products and strengthens its antenna in-house competences and capabilities through the acquisition of Kathrein's antenna and fil...

Southeast Asia Digital Consultancy Crossfinity Digital Asia Rebrands as oRo Digital Asia

2019-02-25 09:00 503

Name change follows successful acquisition by Tokyo Stock Exchange-listed oRo Co., Ltd. KUALA LUMPUR, Malaysia, Feb. 25, 2019 /PRNewswire/ -- Crossfinity Digital Asia ("CDA"), a pioneer digital marketing consultancy inSoutheast Asia, announced today that it is rebranding as oRo Digital Asia. Thi...

Telstra and Ericsson Launch Global Enterprise IoT Capability With Ericsson IoT Accelerator

2019-02-25 08:18 6770

WASHINGTON, Feb. 25, 2019 /PRNewswire/ -- * Partnership combines Telstra's cellular IoT capabilities and Ericsson's connectivity services * Enables Telstra's enterprise customers and OEMs to deploy, manage and scale IoT connected devices and applications globally * Ericsson IoT Accelerator...

HKBN and Microsoft Hong Kong Join Forces to Elevate the Competitiveness of Hong Kong Companies

2019-02-21 16:48 6865

Combining high speed connectivity and world-class cloud services to launch Microsoft's first voice offering in Hong Kong HONG KONG, Feb. 21, 2019 /PRNewswire/ -- HKBN Enterprise Solutions Limited ("HKBN Enterprise Solutions") and Microsoft Hong Kong Limited ("Microsoft") are thrilled to launch ...

Cyient - BlueBird Joint Venture Launches its New Unmanned Aerial System, the Versatile WanderB VTOL at Aero India 2019

2019-02-20 21:32 369

A technologically advanced addition to the Cyient Solutions & Systems (CSS) portfolio,WanderB VTOL overcomes take-off and landing space limitations; advanced operational capabilities make it a versatile solution for land and maritime operations BANGALORE, India and HYDERABAD, India, Feb. 20, 201...

Ayers & Hundsun Hong Kong Merge to form Hundsun Ayers

2019-02-20 13:09 1442

HANGZHOU, China, Feb. 20, 2019 /PRNewswire/ -- Hundsun Technologies Inc. (SHA: 600570) formally announces the merger of its two subsidiariesAyers Solutions Limited (hereinafter 'Ayers')and Hundsun.com Co., Limited (hereinafter 'Hundsun Hong Kong') to form Hundsun Ayers Technologies Limited (herei...

Cadenza Innovation Enters Australian Market through Licensing Agreement with Energy Renaissance

2019-02-20 06:00 305

Internationally recognized battery startup brings world-class team, technology, manufacturing expertise and global supplier network to what will beAustralia's first utility-scale lithium-ion battery manufacturing facility SYDNEY, Feb. 20, 2019 /PRNewswire/ -- Cadenza Innovation

Dynata Acquisition of Reimagine Holdings Group Successfully Completed

2019-02-20 03:00 167

DALLAS, Feb. 19, 2019 /PRNewswire/ -- Dynata, a global leader in first-party data and data services, announces that its acquisition of Reimagine Holdings Group, a global leader in data creation and technology-enabled business intelligence, has received all necessary regulatory approvals and has c...

KBS Fashion Group Announces Letter of Intent to Acquire a Greece Based Private Smart Tech Apparel Company

2019-02-19 22:25 520

SHISHI, China, Feb. 19, 2019 /PRNewswire/ --KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China, announced today that it has executed a non-binding Letter of Intent ("LOI") to acquire Tribe Wearables ("Tribe"), a private s...

SS&C Intralinks Finds North America Expected to Lead Rest of World in M&A Activity

2019-02-19 22:00 502

M&A deals expected to increase by two percent in first half of 2019 WINDSOR, Connecticut, Feb. 19, 2019 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: ...

Argus TrueID Acquires Biometric Identity Systems

2019-02-19 18:00 223

LONDON and SYDNEY, Feb. 19, 2019 /PRNewswire/ -- * Argus TrueID, a world leading biometric solutions provider, has acquired fellow Australian biometrics developer, Biometric Identity Systems. * The acquisition is part of Argus' larger mergers and acquisition strategy, both here inAustralia an...

TAL Announces Investment by a Long-Term Equity Investment Firm

2019-02-18 20:00 438

BEIJING, Feb. 18, 2019 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today announced that a long-term equity investment firm has agreed to purchase a total of approximatelyUS$500 million of newly issued Cl...

Pliops Raises $30 Million in Series B Funding Led by SoftBank Ventures Asia to Transform Data Center Infrastructure for Cloud, AI and ML

2019-02-18 09:00 514

RAMAT GAN, Israel, Feb. 18, 2019 /PRNewswire/ -- Pliops , an innovator in cloud storage solutions, today announced that it has received a$30 million Series B funding led by SoftBank

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