SYDNEY, AUSTRALIA: Swoop has entered into a binding sale agreement to divest the entire issued share capital of Voicehub Group Pty Ltd and Harbourtel Pty Ltd (the entities that own and operate Swoop’s wholesale focused voice call termination business) to Pivotel for $9m cash. The purchase price is comprised of $8m payable on completion and…
Wendel Growth acquires stakes in YesWeHack for €14.5 million
PARIS: Wendel (Euronext: MF.FP), through its Wendel Growth investment arm, announced today the acquisition of a minority stake in YesWeHack through an equity investment of €14.5 million. Wendel invests alongside Adelie, Seventure Partners and historical investors Eiffel Investment Group, Open CNP2 and Caisse des Dépôts et Consignations. YesWeHack is a cybersecurity company that was founded…
Viridien partners with Ranch Computing to innovate digital media landscape
PARIS: Viridien, formerly CGG, an advanced technology and digital company, has announced a pivotal high-performance computing (HPC) agreement with Ranch Computing, a French rendering farm based in Paris, to unlock innovation in the digital media industry. Viridien will provide fully customized HPC cloud infrastructure and expertise to Ranch Computing, tailored to the demanding compute requirements…
Legrand has acquired Davenham and VASS in datacenters market
PARIS: Legrand (Paris:LR) continues to pursue its growth strategy with two new acquisitions in the rapidly-growing datacenters market, a segment that represented 15% of the Group’s revenue in 2023. Davenham is an Irish specialist in low-voltage power distribution systems (protection, switching, metering and energy distribution) for datacenters, including hyperscalers. Its business also includes product commissioning…
Expereo appoints Eric Wong as President of Asia Pacific
SINGAPORE: Expereo, the world’s leading global intelligent internet company that connects people, places and things anywhere, today announced the appointment of Eric Wong as President of Asia Pacific (APAC). This marks the next step on Expereo’s global growth journey through expanding its APAC business and presence in the region. Wong has been Head of Asia…
Anglo Asian Mining signs agreement for copper concentrate sale to Trafigura
LONDON: Anglo Asian Mining plc, the AIM listed gold, copper and silver producer focused in Azerbaijan, announced that its subsidiary, Azerbaijan International Mining Company Limited (AIMC) has entered into a prepayment agreement totalling $5 million in respect of its sales of copper concentrate with Trafigura Pte Ltd. AIMC and Trafigura have entered into a prepayment…
Shrutisha Morris appointed Deputy CEO at DSW Capital
LONDON: DSW Capital, a profitable, mid-market, challenger professional services licence network and owner of the Dow Schofield Watts brand, announced that Shrutisha Morris will join the Board as Deputy CEO on 1 August 2024. Shrutisha Morris is a highly experienced finance and business leader, with considerable experience in M&A. She spent seven years at the…
Vinanz expands Iowa bitcoin mining activities
LONDON: Vinanz Limited, the publicly listed Bitcoin mining company with US and Canadian Bitcoin mining operations, announced that the first of its Iowa based SJ19J Pro+ (120TH) are now hashing and running at a combined hashrate 2 Petahash/sec (“PH/s”). “We anticipate that these initial 20 units will gear up to around 2.5 PH/s in the…
Directa Plus launches £6.9M fundraising with Nant Capital’s backing
LONDON: Directa Plus (AIM: DCTA), renowned for its graphene nanoplatelets products, is embarking on a fundraising venture to secure a minimum of £6.8 million and up to £6.9 million. The initiative involves a conditional placing and subscription, aiming to issue up to 38,361,106 new ordinary shares at 18p each. The company’s largest shareholder, Nant Capital,…
iomart Group appoints Richard Last as independent non-executive Chair
LONDON: iomart Group plc (AIM: IOM), the secure cloud services company, announced the appointment of Richard Last as independent non-executive Chair, effective 12th June 2024. Richard’s appointment follows a thorough and comprehensive process undertaken by the Nomination Committee. Richard Last is a seasoned board director with extensive experience across quoted and private companies in the…
Cordel AI technology certified by Network Rail
LONDON: Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announced that Network Rail has provided a Certificate of Approval for Cordel’s AI-powered Gauging File Production. Cordel has formally achieved certification under the Network Rail “Gauging Survey, Equipment, Editing and Outputs” standard (ref NR/L2/TRK/3204 Module 1 Issue 1 March 2024) to…
Kasei Digital Assets funds Rule 110 Inc. to launch the RealityNet protocol
LONDON: Kasei Digital Assets PLC (AQSE: KASH), a digital asset and web 3.0 investment company, announced that the company has invested a total of US$100,000 into Rule 110 Inc in its seed and strategic funding round to launch the RealityNet protocol. RealityNet is a consensus protocol that enables participants to rent out unused computing resources…