LONDON: Vodafone Group has agreed to sell 100% of Vodafone Malta (VFML) to Monaco Telecom SAM for an enterprise value of €250 million, a news release said on Thursday. Monaco Telecom has agreed to acquire VFML for a cash consideration equivalent to an Enterprise Value of €250 million, implying FY19 multiples of 7.8x EBITDA and…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
Clear Leisure announces business initiative based on 3D mapping technology of GeoSim Systems
LONDON: The board of Clear Leisure has proposed new business investment and initiative based on the 3D mapping technology of GeoSim Systems Ltd. Clear Leisure has a 4.53% shareholding in GeoSim which is an Israeli company specialising in 3D city mapping to create digital models. Using GeoSim’s technology under licence, Clear Leisure intends to launch…
WANdisco agrees on contract expansion with China based customer
LONDON: WANdisco Plc has agreed a contract expansion with an existing China based customer worth in the region of $1 million. The customer is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. WANdisco is the LiveData company for machine learning and AI. WANdisco solutions enable enterprises to create an…
Amino’s 24i provides next generation solution for BroadwayHD
LONDON: Amino Technologies announced that 24i, the Group’s global video experience business, has launched a new suite of applications and Subscription Video-On-Demand (SVOD) services for US-based video streaming service BroadwayHD. 24i’s capacity to create next-generation, branded video experiences and applications, has provided BroadwayHD with a robust end-to-end OTT video solution that accelerates growth by providing…
Vection Technologies announces significant acceleration of operational & technological partnership performance
SYDNEY, AUSTRALIA: Following the official European launch of its proprietary VR platform, FrameS, Vection Technologies has seen a significant acceleration of inbound enquiries for its suite of 3D, VR & AR technology applications and platforms. Vection Technologies, a multinational software company that creates 3D, Virtual Reality (VR) and Augmented Reality (AR) solutions, announced a significant…
DeepMatter collaborates with AstraZeneca to improve productivity of compound synthesis
LONDON: DeepMatter Group has collaborated with AstraZeneca to use innovative digital technologies with the aim of improving the productivity and reproducibility of compound synthesis. DeepMatter’s long term strategy is to integrate chemistry with technology, thereby enabling a greater use of artificial intelligence and reaching a point where chemicals can be autonomously synthesised through robotics Scientists…
Cyber warfare termed greater threat than ever in 2020
LONDON, UK: Specialist global risk consultancy, Control Risks, forecasts that the proliferation of a wide variety of Cyber threats will make a high impact, cyber-enabled assault on critical infrastructure almost certain in 2020. This is one of the key forecasts in RiskMap 2020 – the global outlook for political and security risks in the year…
Public and private sector collaboration to promote innovation & ICT talent in Middle East
DUBAI: Speakers, at the recently held ICT Talent Education Summit roundtable, observed that the ICT talent gap in the Middle East must be addressed by the public and private sectors. The high-level discussion was hosted as part of the final of the Huawei Middle East ICT Competition 2019, which has concluded at Huawei’s global headquarters…
CCL signs agreement to divest network services business assets
AUCKLAND: Computer Concepts Limited (CCL) has signed a conditional agreement to divest the operational parts of its network services division in a buy-out by a member of the CCL management team. CCL is Spark New Zealand’s wholly owned provider of cloud and ICT services. Mark Jurgeleit, CCL’s current general manager of network services will set…
Global IoT enterprise drone shipments to grow 50% in 2020
EGHAM, UK: In 2020, worldwide shipments of Internet of Things (IoT) enterprise drones (flying drones) will total 526,000 units, an increase of 50% from 2019, according to Gartner, Inc. Global shipments are forecast to reach 1.3 million units by 2023. “The construction sector is an early adopter of drones, which causes construction monitoring to be…
Vodafone collaborating with Amazon to make AWS Wavelength available in Europe
LONDON: Vodafone Business, one of the world’s leading telecoms and technology service providers, is collaborating with Amazon Web Services (AWS) to make AWS Wavelength available in Europe. AWS Wavelength provides developers the ability to build applications that serve end users with single-digit millisecond latencies over the 5G network. AWS Wavelength embeds AWS compute and storage…
Quorum acquires Moorfield Nanotechnology for £2.3 million
LONDON, UK: Judges Scientific’s wholly owned subsidiary Quorum Technologies Limited has acquired 100% of the issued share capital of Moorfield Nanotechnology Limited, a maker of coating instruments based in Knutsford, Cheshire. The Board expects the acquisition to be immediately earnings enhancing. The purchase price of Moorfield, paid in cash at completion, amounts to £2.3 million….