MENLO PARK: IVP, a premier later-stage venture capital and growth equity firm, announced that Ajay Vashee is joining as a General Partner. Ajay brings deep operational and financial experience to the role, and will invest in high-growth technology companies across a range of markets, with an initial focus on SaaS, collaboration software, and subscription businesses….
Sierra Wireless Octave wins “IoT Innovation of the Year” Award
VANCOUVER: Sierra Wireless announced that its Octave solution has been selected as winner of the “IoT Innovation of the Year” award in the fourth annual Mobile Breakthrough Awards program conducted by Mobile Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global wireless and mobile market today….
Carnegie and Oceantera to explore potential energy projects in South East Asia
SYDNEY: Carnegie Clean Energy Limited has executed a Memorandum of Understanding (MOU) with Oceantera, to explore potential opportunities and identify the best targets for the development of regional wave energy projects. Oceantera is a project development company whose mission is to deliver clean, affordable and reliable energy to remote and island communities in South East…
Australian Family Lawyers expands to Melbourne’s North
MELBOURNE: The Board of AF Legal Group Ltd announced its expansion with the opening of a new office in Preston, Melbourne. The North Metropolitan of Melbourne is a significant growth corridor which is expected to underpin Melbourne’s population growth evidenced by the consensus that Melbourne will surpass Sydney in population within the next five years….
Tesserent forms JV with New Zealand’s Optic Security; acquires iQ3
SYDNEY: Tesserent Limited (TNT) announced the launch of a Joint Venture Company jointly owned (50%/50%) with New Zealand-headquartered security firm, Optic Security Group, as well as the completion of the acquisition of Secure Cloud Services provider, iQ3. The newly incorporated joint venture, Tesserent OpticSecurity Pty. Ltd. requiring no initial upfront investment, represents the first step…
Uniti’s acquisition of OptiComm approved by the Federal Court
SYDNEY: Uniti Group Limited (UWL) notes that the Federal Court has today approved OptiComm’s scheme of arrangement in relation to Uniti’s acquisition of OptiComm Ltd. OptiComm intends to lodge a copy of the Federal Court’s orders approving the Scheme with the Australian Securities and Investments Commission, following which the Scheme will become legally effective and…
iCandy and Lemon Sky Studios to jointly form a new game studio
SYDNEY: iCandy Interactive Ltd has entered into a binding term sheet with Lemon Sky Studios to set up a new joint venture (JV) game studio company, a news release said. The JV that will focus on developing 3D mobile games with cross-platform potential and of AAA quality. The JV will develop its own new line…
AM Best upgrades credit ratings of Delphi Financial Group, and its subsidiaries
OLDWICK: Global rating agency, AM Best has upgraded the Financial Strength Rating to A++ (Superior) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa+” from “aa” of the life/health subsidiaries of Delphi Financial Group Inc. Subsidiaries of Delphi Financial Group Inc. include Reliance Standard Life Insurance Company (Schaumburg, IL) and First…
PlantX acquires UK e-commerce company, Bloombox Club UK
VANCOUVER: PlantX Life Inc. has completed its acquisition of Bloombox Club Limited, a privately held e-commerce company based in the United Kingdom that sells and delivers indoor plants to its established wellness community via subscription service and online shop. PlantX paid a purchase price of £8 million that was satisfied by a combination of £560,000…
Voyager Digital wins the People’s Choice Award at the 6th Annual 2020 Benzinga Global Fintech Awards
NEW YORK: Voyager Digital Ltd., a licensed crypto-asset broker, announced the Company has been awarded The People’s Choice Award at the 6th annual 2020 Benzinga Global FinTech Awards. “We are honored to receive this award as it reflects votes from our loyal user base and followers. Since our entry into the crypto marketplace, we have…
PlantX Partners with House Plant Shop to launch U.S. plant vertical
VANCOUVER: PlantX Life Inc. announced its partnership with House Plant Shop who will assist PlantX with launching its U.S. plant vertical. The Company will also feature House Plant Shop products on its new U.S. e-commerce platform. The partnership will allow PlantX, the digital face of the plant-based community and one-stop-shop for everything plant-based, to offer…
Citycon Group intends to issue a NOK 800 million Green Bond
OSLO: Citycon Group intends to issue a NOK-denominated senior unsecured bond in one or more tranches with a maturity of approximately 3-5 years in an amount of up to NOK 800 million, a news release said. The bond would be offered mainly to Nordic institutional investors and would be issued by Citycon Treasury B.V. and…