KARACHI: “Now more than ever, academic and government leaders need to open their eyes to the need for learning, embracing and investing in advanced technologies, particularly the unprecedented opportunities that the cloud can bring”. These thoughts were expressed by Abid Zaidi Country Manager, Microsoft Pakistan while highlighting Pakistan’s digital transformation journey. “As businesses and organisations…
All posts in Oslo Bourse
Mporium signs commercial agreement with major media agency network
LONDON: Mporium Group, the technology firm delivering event-driven marketing, announced a commercial agreement with the second largest media agency network in the world. Under the agreement, Mporium will run in-game moment marketing for a major global rights holder and OTT subscription service provider for the forthcoming 2019-2020 sports season. After a successful launch campaign last…
Argo Blockchain announces new mining hardware delivers faster-than-expected returns
LONDON: Argo, a UK-based provider of enterprise scale cryptocurrency mining services announced that its strategy to make a major investment in new mining hardware has delivered better than expected returns to date. The first phase of the investment programme commenced with the purchase of 1,000 Bitmain Z11 Antminer machines, which were ordered in April 2019…
IMImobile announces completion of acquisition of 3CInteractive Corp
LONDON: IMImobile, a global cloud communications software and solutions provider, has completed the Tender Offer for the acquisition of 3CInteractive Corp. As of the expiration of the Tender Offer on Friday, August 23, 2019, a total of approximately 99.5% of the shares in 3C were validly tendered and accepted by IMImobile for payment in accordance…
ST Engineering North America sets up US$1.5 billion U.S. commercial paper program
SINGAPORE: Singapore Technologies Engineering Ltd (ST Engineering) announced that its subsidiary, ST Engineering North America, has set up a US$1.5 billion U.S. Commercial Paper Program, guaranteed by ST Engineering. Under this U.S. Commercial Paper Program, ST Engineering may from time to time issue short-term unsecured promissory notes for a range of tenors up to 397…
Nokia appoints Gabriela Sjöman as Chief Strategy Officer, member Group Leadership Team
FINLAND: Nokia Corporation has appointed Gabriela Styf Sjöman as Chief Strategy Officer and member of the Group Leadership team, effective December 1, 2019. Gabriela will be based in Espoo, Finland and will report to President and Chief Executive Officer, Rajeev Suri. Gabriela succeeds Kathrin Buvac as Chief Strategy Officer, who continues in the role of…
Capella Space signs agreement with Addvalue for use of its IDRS
SAN FRANCISCO: Capella Space has entered into an agreement with Addvalue for use of its Inter-Satellite Data Relay System (IDRS) via Inmarsat’s global L-Band satellite communications network, release issued to Singapore Exchange (SGX) noted.. Capella is an information services company that provides Earth observation data on demand. Addvalue is a one-stop digital, wireless and broadband…
CyanConnode signs memorandum to collaborate with Hexing
LONDON: CyanConnode Holdings, a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, has signed a Memorandum of Understanding (MoU) with Hexing Electrical Co. Ltd to collaborate and deliver smart metering solutions in certain territories. Hexing, established in 1992, is a multi-national manufacturing company that supplies Utilities in more than 80 countries across the…
Rostelecom agrees to acquire Alliance Telecom Group
MOSCOW, RUSSIA: Rostelecom, the largest digital service provider in Russia, announced that its subsidiary Bashinformsvyaz (Bashtel) has signed an agreement to acquire a 100% stake in three companies to secure full control over the Alliance Telecom Group. Alliance Telecom has been providing internet access and TV services across the Primorsky region since 2007, servicing individual…
Trackwise signs collaboration agreement with GKN Aerospace
LONDON: Trackwise Designs Plc, a leading provider of specialist products using printed circuit technology, has signed a Collaboration Agreement with GKN Aerospace, (GKN), the world’s leading multi-technology tier 1 aerospace supplier, for the industrialisation of GKN Aerospace Type 8 Ice Protection System. The collaboration agreement will see GKN Aerospace and Trackwise build upon existing development…
appScatter announces Andromo partnership
LONDON: appScatter Group, the app management and data intelligence platform, acknowledges that Airpush, Inc. a technology company specialising in app monetisation, has announced a partnership with Andromo B.V., the mobile app building platform for Android. appScatter announced its intention to acquire Airpush on 19 April 2019. Andromo is a premium app building platform where users…
Vodafone completes acquisition of European Liberty Global assets
LONDON: Vodafone Group has completed the acquisition of Liberty Global’s operations in Germany and the Czech Republic, Hungary, and Romania (CEE) for a total enterprise value of €18.4 billion. Vodafone now becomes Europe’s leading converged operator with 54 million cable and fibre households ‘on-net’ and a total next-generation network reach of 124 million homes and…