OSLO: Techstep ASA has completed the acquisition and assumed 100% ownership of Optidev, a news release said. The purchase price for Optidev has partly been settled by the issuance of new Techstep shares, and the board of directors of Techstep…
OSLO: Aker Solutions won an order from ConocoPhillips to deliver the subsea production system for the Tommeliten Alpha development offshore Norway. The estimated contract value is about NOK 1.2 billion, a news release said. The scope of work covers a…
KARACHI: Bykea, a Pakistan-based on-demand transport & logistics platform, announced that it has raised a Series B funding round led by Prosus Ventures (formerly Naspers Ventures). The round, which brought the total funds raised to US$22 million, saw participation from…
MUMBAI: Tata Motors Limited today announced its sales in the domestic & international market, for Q2 FY21, which stood at 1,10,379 vehicles, compared to 1,05,031 units during Q2 FY20. Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd….
SINGAPORE: Singapore Exchange (SGX) has again won the “Exchange of the Year” accolade at the FOW Asia Capital Market Awards 2020 for its leadership in supporting clients with a pan-Asia waterfront of derivatives, amid heightened uncertainty in global markets. SGX’s…
MILL VALLEY: Four Corners Property Trust (FCPT), announced the acquisition of a Popeyes restaurant property for $1.6 million from the Seritage transaction announced in October 2019 and expanded in August 2020. The Popeyes (franchisee lease) is located in South Carolina…
SEATTLE: Amazon has announced the expansion of Transparency to two new countries – Japan and Australia – making it available in 10 countries where Amazon has a store. Amazon Transparency is also celebrating a milestone of enrolling over 10,000 brands…
SEATTLE: Amazon Web Services (AWS) has announced the general availability of Amazon Timestream, a new time series database for IoT and operational applications that can scale to process trillions of time series events per day up to 1,000 times faster…
SUNNYVALE: CrowdStrike Holdings has completed its acquisition of Preempt Security, a leading provider of Zero Trust and conditional access technology for real-time access control and threat prevention, a news release said. “We are excited to welcome the Preempt team to…
PERTH: Babylon Pump & Power Limited has entered into an unconditional agreement for the acquisition of assets from Tilbrook Ryder Investments Company Pty Ltd. The transaction is expected to complete on 1 October 2020 and will be funded by a…
PERTH: United Networks Limited (UNL) has acquired Red Telecom Pty Ltd Business, a telecommunications service provider, increasing its recurring revenue and completing its 6th acquisition in 11 months. Benefits of the Acquisition: ●Increases annualised recurring revenue by $1.4M ●Increases average…
SYDNEY: Evans Dixon Limited has invited Tony Pitt to join the Board given the commitment 360 Capital Group has shown in acquiring a 19.55% interest in the Company. Subject to shareholder approval, Mr. Pitt will become a non-executive director at the conclusion of…