Investment & Financing

Standard Textile Acquires Luxury Italian-Based Global Hospitality Business Including the Mascioni Hotel Collection Brand

2018-11-05 23:43 703

Acquisition expands Standard Textile's leadership position in the hospitality market and strengthens growth opportunities CINCINNATI, Nov. 5, 2018 /PRNewswire/ -- Standard Textile Co., Inc., a global leader in the hospitality and healthcare textile markets, announces today it has reached an agre...

Gibbs Amphibians Set to Establish Humdinga Assembly Subsidiary in Qatar

2018-11-05 10:52 523

DOHA, Qatar, Nov. 5, 2018 /PRNewswire/ -- Gibbs Amphibians (Gibbs) is establishing a strategic partnership with the Madaeen Al Doha Group to supply and assemble the Gibbs Humdinga. The subsidiary, called Gibbs Amphitech, will be based inQatar and will supply Gibbs products in the region and other...

SMIT Acquires a Hardware-based Verification Systems and Software Company

2018-11-01 10:18 353

HONG KONG, Nov. 1, 2018 /PRNewswire/ -- SMIT Holdings Limited ("SMIT" or the "Company," together with its subsidiaries, the "Group") (stock code: 2239), a world leading CAM supplier and a major mPOS supplier inChina, has announced its new acquisition of S2C Tech Inc. ("S2C"), a hardware-based ver...

Alliance Ventures Leads Strategic Investment in WeRide.ai

2018-10-31 21:37 269

GUANGZHOU, China, Oct. 31, 2018 /PRNewswire/ -- Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has become the lead strategic investor of WeRide.ai (formerly JingChi.ai),China's leading autonomous driving company focused on Level 4 (L4) self-driving technology, ...

AR Optics Startup LetinAR Raises $3.6m in Series A Funding for propelling commercialization of AR glasses

2018-10-31 20:30 496

SEOUL, South Korea, Oct. 31, 2018 /PRNewswire/ -- LetinAR , a Korean startup developing a new optical solution for augmented reality (AR) smart glasses, recently raised$3.6 million in Series A funding, led by Kakao Ventures , Naver Corpora...

12CM to enter European market through joint venture

2018-10-31 15:30 257

SEOUL, South Korea, Oct. 31, 2018 /PRNewswire/ -- 12CM.Inc  (One-two-cee-em), a company that develops foundational technology for smart stamps, is gearing up to enter the European market in earnest. On October 15, 12CM, a member company of the K-ICT Born2Global Ce...

Alliance Ventures Leads Strategic Investment in WeRide.ai

2018-10-31 14:00 193

PARIS, TOKYO and YOKOHAMA, Japan, Oct. 31, 2018 /PRNewswire/ -- Renault-Nissan-Mitsubishi and WeRide.ai to increase presence in Chinese autonomous vehicle services Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has become the lead strategic investor of WeRide...

Orion Health Finalizes Investment Deal with Hg

2018-10-31 10:42 381

BOSTON, Oct. 30, 2018 /PRNewswire/ -- Orion Health (NZX:OHE/ASX:OHE) today announced the completion of its transaction with technology investor Hg for the acquisition of Rhapsody and a 24.9% stake in Orion Health's Population Health Management business. Orion Health retains a 24.9% investment in ...

Clarivate Analytics to enhance AI-driven trademark research solutions with TrademarkVision acquisition

2018-10-31 08:00 209

Strategic acquisition of cutting-edge, Australian company to deliver the next generation of trademark research PHILADELPHIA, Oct. 31, 2018 /PRNewswire/ -- Clarivate Analytics, the global leader in providing trusted insights and analytics to accelerate the pace of innovation, today announced the ...

GTR Ventures Makes First Africa Investment

2018-10-30 16:11 396

LONDON and SINGAPORE, Oct. 30, 2018 /PRNewswire/ -- GTR Ventures, the world's first investment and venture-building platform specialized in trade and supply chain, has announced an investment in Orbitt -- an African-focused fintech deals platform.

Winning Developer Solutions Announced in Inaugural Call for Code Global Challenge to Mitigate Effects of Natural Disasters

2018-10-30 12:00 293

IBM, David Clark Cause, United Nations Human Rights, the American Red Cross, The Linux Foundation, NEA, and additional supporters celebrate developers helping save lives with open source technologies SAN FRANCISCO, Oct. 30, 2018 /PRNewswire/ -- Call for Code Founding Partner IBM (NYSE: IBM

PeopleFund Secures US$11M in Series B Funding to Cement Leading Position in the Korean Fintech Market

2018-10-30 07:00 598

SEOUL, South Korea, Oct. 30, 2018 /PRNewswire/ -- PeopleFund, Korea's fastest growing financial technology platform that connects borrowers and investors, announced today that it has securedUS$11M in Series B funding, making it the largest Series B investment for a Korean P2P lending company. The...

Swedish Game Studio Acquires Vobling to Become the Nordic Region's Leading Publicly Listed AR/VR Company

2018-10-29 11:33 449

STOCKHOLM, Oct. 29, 2018 /PRNewswire/ -- Bublar Group (BUBL MTF), a publicly listed Augmented Reality (AR) gaming studio, has acquired the Swedish AR/VR company Vobling with offices inStockholm and Manila, Philippines. Through the acquisi...

IBM To Acquire Red Hat, Completely Changing The Cloud Landscape And Becoming World's #1 Hybrid Cloud Provider

2018-10-29 09:41 518

- Most significant tech acquisition of 2018 will unlock true value of cloud for business - IBM and Red Hat to provide open approach to cloud, featuring unprecedented security and portability across multiple clouds - Deal accelerates IBM's high-value business model, making IBM the #1 hybrid...

Renmin Tianli Group, Inc. Announces Entry into Specialty Chicken Farming and Closure of a Farm

2018-10-26 19:00 413

WUHAN CITY, China, Oct. 26, 2018 /PRNewswire/ -- Renmin Tianli Group, Inc. (NASDAQ: ABAC) ("Renmin Tianli" or the "Company"), a producer of breeder hogs, market hogs and black hogs, as well as specialty processed black hog pork products sold through retail outlets and the internet, with headquart...

OneSmart Acquires Strategic Minority Stake in Tus-Juren Education

2018-10-26 16:00 359

SHANGHAI, Oct. 26, 2018 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading diversified premium K-12 education company inChina, today announced that it has jointly acquired a 100% equity stake with a third-party investor in Beijing T...

Mayne Pharma Acquires FDA-approved halobetasol foam, Complementing US Dermatology Portfolio

2018-10-26 12:22 336

ADELAIDE, Australia, Oct. 26, 2018 /PRNewswire/ -- * Mayne Pharma Group Limited ("Mayne Pharma") (ASX: MYX) has acquired the FDA approved halobetasol propionate foam 0.05% for an investment of up to US$32 million and an ongoing earn out payment * Halobetasol foam is a highly complementary d...

PT Pertamina (Persero) Announces Termination of Cash Tender Offers for any and all of the outstanding 2021 Notes and 2022 Notes

2018-10-26 10:41 264

-- Terminated Cash Tender Offers for Any and All of its US$1,000,000,000 5.25% Senior Notes due 2021 (the "2021 Notes") and itsUS$1,242,000,000 4.875% Senior Notes due 2022 (the "2022 Notes") JAKARTA, Indonesia, Oct. 26, 2018 /PRNewswire/ -- PT Pertamina (Persero) (the "Company") today announced...

Bitsclub Vision Program Launches Public Chain Technology Alliance to Synchronize Distinct Blockchain Ecosystems

2018-10-26 00:00 311

SAN FRANCISCO, Oct. 25, 2018 /PRNewswire/ -- On October 24th, the Bitsclub Vision Program (BVP) officially launched the Public Chain Technology Alliance (PCTA), a diverse coalition of public blockchains committed to greater collaboration and focused on different aspects of the industry. Alliance ...

Swedish Game Studio Acquires Vobling to Become the Nordic Region's Leading Publicly Listed AR/VR Company

2018-10-25 18:50 301

STOCKHOLM, Oct. 25, 2018 /PRNewswire/ -- Bublar Group (BUBL MTF), a publicly listed Augmented Reality (AR) gaming studio, has acquired the Swedish AR/VR company Vobling . Through the acquisition, Bublar Group and Vobling become the largest...

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