CentralNic to acquire Fireball Search GmbH and .ruhr Top-Level Domain

LONDON, UK: CentralNic Group has entered into agreements to acquire Fireball Search GmbH as well as the .ruhr Top-Level Domain (TLD) for a total aggregate consideration of EUR 0.6m in…

NNR February 14, 2022

Embron CEO Trond K. Johannessen will join Pexip Holdings in May 2022

OSLO, NORWAY: Board of Directors of Pexip Holding ASA announced the appointment of Trond K. Johannessen, currently the CEO of Embron Group, a global IT and technology corporation, as Chief…

NNR February 7, 2022

Entain plc has acquired Avid Gaming for CAD 300mn

LONDON, UK: Entain plc (LON: ENT) has acquired Deis Ltd (Avid Gaming) for CAD 300 million from Middlebrook Investments Limited, a bourse filing said on Monday. Entain Plc is the…

NNR February 7, 2022

Avass Group to manufacture electric vehicles, lithium batteries in KSA

RIYADH, SAUDI ARABIA: Avass Group signed an agreement with Kingdom Saudi Arabia (KSA) to jointly manufacture electric vehicles and lithium batteries. Australia-based Avass Group have endorsed a Memorandum of Understanding…

NNR February 7, 2022

What is Strategic Partnership?

The term Strategic Partnership refers to a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity,…

NNR February 7, 2022

What is a Share Purchase Agreement?

A Share Purchase Agreement (SPA) is a legal contract between a seller and a buyer signed at the time of purchasing the shares of the company and consists of details like an…

NNR February 7, 2022

What are Digital Payments?

Digital Payments are payments that are conducted over the internet and mobile channels, technology has made it possible for anyone with a smart device to carry out transactions easily and securely, both…

NNR February 3, 2022

NOVATEK obtains Certification for CO2 underground storage in Yamal and Gydan

MOSCOW, RUSSIA: PAO NOVATEK announced today that the first of three stages of international certification for long-term CO2 underground storage sites in the Yamal and Gydan Peninsulas has been successfully completed and that…

NNR February 3, 2022

Find My Doctor raises Pre Series A funding at $5 million valuation

KARACHI: Find My Doctor announced today that it has raised a Pre Series A funding round from both TPL e-Ventures, investment arm of TPL Corp and TPL Insurance at a $5 million…

NNR January 24, 2022

CGG sells its data storage and services business

PARIS, FRANCE: CGG S.A. has closed the sale of the physical storage assets and associated services of its Smart Data Solutions business to OASIS Group and Access Information Management Corporation.…

NNR January 4, 2022

Packages, IGI and Gohar Group to buy Sanofi stake in Pakistan business

KARACHI: Packages Limited, a Lahore based multinational packaging company, has joined an investor consortium to evaluate a potential purchase of 52.87 per cent shares held by Sanofi Foreign Participations B.V. in sanofi-aventis…

NNR December 20, 2021