MOSCOW: Rostelecom PJSC has signed a strategic partnership memorandum with VTB to facilitate cooperation in the area of big data. The document was signed by the President and Chairman of VTB Bank Andrey Kostin and Mikhail Oseevsky, President of Rostelecom, at the 11th annual VTB Capital “RUSSIA CALLING!” investment forum. Rostelecom and VTB will set…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
WANdisco signs master distributor contract with Micro-D for Africa
LONDON: WANdisco Plc has secured a contract with Micro-D, one of Africa’s most established IT companies. WANdisco is the live data company for machine learning and AI. The distributor agreement will initially see the Company’s patented Fusion platform deployed across key enterprises in the region. Through its network of resellers and partners, Micro-D will deploy…
Equals Group acquires UK based payment services provider Casco Financial
LONDON: Equals Group PLC, the e-banking and international payments group, has acquired the entire issued ordinary share capital of Casco Financial Services Limited, a UK based payment services provider for £1.725 million with a potential additional consideration of £2.0 million, depending on future performance. Casco, which is regulated by the FCA as an Authorised Payment…
Magseis Fairfield announces multi-client project
OSLO: Magseis Fairfield has entered into an agreement with an established multi-client company to participate in a multi-client project, which is expected to commence late in the first quarter of 2020. “This is the first phase of a multi-year campaign which will bring industry leading nodal acquisition and data processing to re-image a mature basin….
Vection enters software distribution agreement with Canadian App Arquela
PERTH, AUSTRALIA: ServTech Global Holdings (Vection), a multinational software company that creates 3D, Virtual Reality (VR) and Augmented Reality (AR) solutions, has entered into a software distribution agreement with Canadian marketing and business intelligence specialist App Arquela Inc. The agreement with App Arquela marks the first step of Vection’s expansion into Canada ahead of the…
Xref and CVCheck form strategic alliance for ANZ region
SYDNEY: Xref Limited and CVCheck Ltd announced the details of a strategic alliance. As a result of the agreement, Xref’s reference checks will be made available to all CVCheck users, while users of the Xref platform will be able to add multiple products from CVCheck to their verification process. Xref is a high growth business…
Spark outlines next phases of its progressive roll out of 5G services
WELLINGTON: Spark New Zealand will deliver 5G wireless broadband into five more South Island heartland locations prior to Christmas, followed by further heartland communities from March 2020. A broader range of 5G services, covering both mobile as well as wireless broadband, will launch into major centres from mid 2020, subject to spectrum being made available…
IQGeo signs $1.2 million in contracts to expand software deployment
CAMBRIDGE: IQGeo Group plc announced two new contracts worth in excess of USD1.2 million with an existing customer, increasing the number of its licensed users and purchasing IQGeo’s field data capture product. The customer is a regulated electric and natural gas utility, based in the USA serving over 700,000 electric and natural gas customers, covering…
Abu Dhabi Exchange prepares paper to help develop Crypto Asset platforms
ABU Dhabi: Abu Dhabi Securities Exchange (ADX) has prepared a working paper to facilitate best practice and provide recommendations for developing platforms in the Crypto Asset space. The paper outlines recommendations and best practice considerations in relation to issuance, settlement, safekeeping, asset servicing and regulation of Crypto Assets. The paper ‘Crypto Assets: Moving from theory…
Microsoft awards JBS the Licensing Solution Provider Status
KARACHI: Jaffer Business Systems Private Ltd. (JBS) is awarded with the status of Licensing Solution Provider (LSP) by Microsoft in Pakistan. The recently acquired milestone places JBS as a go-to partner for Microsoft in the country. On achieving this honor, Veqar ul Islam, Director and CEO JBS, said, “With the status of Licensing Solution Provider…
Fatfish accepts A$12.7mn offer for its Swedish subsidiary from Abelco
MELBOURNE: Fatfish Blockchain Limited (FFG) has received and accepted a A$12.7 million offer for the merger of its Swedish venture builder subsidiary Fatfish Global Ventures AB (FGV). The offer came from Swedish-listed Abelco Investment Group AB, a well traded venture investment firm by way of a merger proposal. Under the offer, FFG will dispose of…
Tokai Tokyo Global Investments to invest in Singapore’s STO exchange operator ICHX
TOKYO: Tokai Tokyo Global Investments Pte. Ltd., a subsidiary of Tokai Tokyo Financial Holdings, entered into an agreement to invest $5.0 million in Singapore’s STO exchange operator ICHX Tech Pte Ltd. ICHX operates a Security Token Offering exchange in Singapore and it is headquartered in Singapore, and operated by its CEO, Mr. Danny Toe. Under…