Investment & Financing
GreyOrange closes $140 million Series C, marking the biggest fundraising in industrial automation systems
New funds enable GreyOrange to accelerate the fulfillment of its vision to
develop the next generation of flexible supply chain systems
SINGAPORE, Sept. 7, 2018 /PRNewswire/ -- GreyOrange
Farasis Energy to Establish Battery Manufacturing Center in Europe
STUTTGART, Germany, Sept. 6, 2018 /PRNewswire/ -- Farasis Energy, a global leader in the development and manufacture of lithium-ion cells, modules and large battery systems, completed C-round financing exceeding1 Billion US dollars . The capital raised is being used to accelerate the expansion of ...
Fairmont Turns Cinematic Moments into Memories with a New Generation of Filmmakers
Fairmont Loves Film Event Series launches with Gia Coppola as Film Ambassador and retrospective photographic exhibits inToronto, London and Shanghai TORONTO, Sept. 6, 2018 /PRNewswire/ -- Fairmont Hotels & Resorts is delighted to introduce theFairmont Loves Film event series, comprised of pop-up...
Asia's Leading Robo-Advisor Magnum Research Closed A++ Round Financing
HONG KONG, Sept. 6, 2018 /PRNewswire/ -- Magnum Research Ltd. ("Magnum Research") announced that it has closed its Series A++ round of financing. Major investors include Bohai XingWang, L.P., managed by BOC International ("BOCI"), and Alibaba Hong Kong Entrepreneurs Fund ("AEF"), a not-for-profit...
Educrest Invests in Infinity Capital Group Limited
HONG KONG, Sept. 6, 2018 /PRNewswire/ -- Infinity Capital Group Limited and Educrest Sdn Bhd today announced that Educrest's associate company has invested an undisclosed amount in Infinity, taking up close to 40% of Infinity's senior note placement. Infinity is at present developing a number of...
Asiaray and Wavemaker Bring the First-ever Programmatic DOOH in the Media Industry, Powered by Google Marketing Platform
Provides a One Stop Media Buying Platform and Further Expands Customer Base HONG KONG, Sept. 5, 2018 /PRNewswire/ -- Asiaray Media Group Limited ("Asiaray" or the "Group"; stock code: 1993), a leading out-of-home (OOH) media company with a strategic focus on airport and metro line advertising, cr...
Mundipharma Closes Acquisition of Vital Food Processors Limited Assets and Secures Global Rights To Commercialise Digestive Health Supplement Extracted from Kiwifruit, Zyactinase (TM)
SINGAPORE, Sept. 6, 2018 /PRNewswire/ -- Mundipharma has closed an asset purchase agreement with Vital Food Processors Limited, an agricultural science company founded inNew Zealand, for the global rights beyond New Zealand to commercialise Zyactinase™ -- a clinically-proven gastrointestinal c...
Educrest invests in Infinity Capital Group Limited
HONG KONG, Sept. 6, 2018 /PRNewswire/ -- Infinity Capital Group Limited and Educrest Sdn Bhd today announced that Educrest's associate company has invested an undisclosed amount in Infinity, taking up close to 40% of Infinity's senior note placement. Infinity is at present developing a number of...
iQIYI Sports Completes RMB 850 Million Series A Financing
BEIJING, Sept. 5, 2018 /PRNewswire/ -- iQIYI Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service inChina, today announced that iQIYI Sports, a joint venture between iQIYI and Super Sports Media, has successfully completed its Series A round of f...
Intralinks' New M&A Workflow Connects Shared Processes Across the World's Largest Dealmaking Community
New feature automates and improves secure cross-organizational document approvals NEW YORK, Sept. 6, 2018 /PRNewswire/ -- Intralinks®, the world's leading virtual data room (VDR) provider, today introduced its new M&A Workflow capabilities to significantly streamline the mergers and acquisitions...
Microsoft Teams with OnePlaceMail for Outlook to deliver more effective modern workplace collaboration
Move conversations from Microsoft Outlook email to Microsoft Teams in Office 365 SYDNEY, Sept. 5, 2018 /PRNewswire/ -- OnePlace Solutions today announced the launch of Microsoft Teams integration with theOnePlaceMail for Outlook App, allowing the mobile workforce to convenientlymove content from ...
Stout Expands Global Reach in Asia
CHICAGO, Sept. 5, 2018 /PRNewswire/ -- Stout announces the addition of three offices inAsia as part of a newly formed joint venture with Bluepeak Group Ltd. With offices inShanghai, Singapore, and Hong Kong, Stout Bluepeak Asia Ltd. will provide cross-border transaction coverage forChina, Singapo...
Syneron Candela Announces Acquisition Of Ellipse
Acquisition of Danish Ellipse adds globally renowned IPL and laser technologies to Syneron Candela's portfolio, further strengthening their position in multi-application, multi-technology devices WAYLAND, Massachusetts, Sept. 5, 2018 /PRNewswire/ -- Syneron Candela, a leading global aesthetic de...
Electra Meccanica Announces Collaboration with 7-Eleven Canada
VANCOUVER, British Columbia, Sept. 5, 2018 /PRNewswire/ -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO; SOLOW) ("Electra Meccanica" or the "Company"), a designer and manufacturer of electric vehicles, announced today that it will work with 7-Eleven, Inc., the world's largest convenience retaile...
Mando Acquires California Autonomous Vehicle Testing Permit
* The company accelerates the development of its own autonomous driving platform "Hockey" * Mando continues technological exchanges with global Silicon Valley companies and the search for promising start-up companies SEOUL, South Korea and SILICON VALLEY, Calif.,Sept. 5, 2018 /PRNewswire/ -- ...
Getty Family to Acquire Majority Stake in Getty Images from The Carlyle Group
Transaction and Refinancing Expected to Enhance Getty Images' Position as a Global Leader in the Visual Content Industry NEW YORK, Sept. 5, 2018 /PRNewswire/ -- The Getty family today announced it will take full control of Getty Images Inc. ("Getty Images" or the "Company"), a global leader in v...
Ericsson to Acquire CENX to Boost Network Automation Capability
STOCKHOLM, Sept. 4, 2018 /PRNewswire/ -- * Ericsson to acquire CENX – a US-based service assurance technology company. Approximately 185 employees will join Ericsson. * CENX's cloud-native service assurance and automation capability strengthens Ericsson's position as a leading player in the O...
Cyient - BlueBird Joint Venture Wins Its First Order from Indian Army for SpyLite Mini UAS - the Only System to Pass the Army's Extremely High Altitude Trial
Taking off from very high altitude in extreme weather conditions, the SpyLite flew over the high mountainous landscape, performing all its missions successfully HYDERABAD, India and KADIMA, Israel, Sept. 4, 2018 /PRNewswire/ -- Cyient Solutions & Systems Pvt. Ltd. (CSS), a joint venture between ...
IndiGrid Issues First AAA Debentures by an InvIT; Completes its First Investment in a Third-party Asset
MUMBAI, India, Sept. 4, 2018 /PRNewswire/ -- Key Highlights * Assets Under Management (AUM) reached INR 54.2 Bn * 4th accretive acquisition in last 12 months IndiGrid, India's first Infrastructure Investment Trust ("InvIT") in the power sector, successfully completed an investment in Pa...
Xiao-i and Actura Sign MOU for Strategic Partnership
SHANGHAI, Sept. 4, 2018 /PRNewswire/ -- Shanghai Xiaoi Robot Technology Co. Ltd ("Xiao-i"), a leading developer of artificial intelligence technology and industry application platforms inChina, has signed a Memorandum of Understanding ("MOU") with Actura International ("Actura"), an Australia-base...
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