NEWPORT BEACH: Hoag Memorial Hospital Presbyterian and BehaVR announced the launch of NurtureVR, a first-of-its-kind program for expectant mothers that uses virtual reality (VR) to augment prenatal education, pain management related to pregnancy, mindfulness, and support women through postpartum care. By combining accessible, immersive technology with compassionate, mindful care, NurtureVR brings innovation to support women…

Asetek receives order for new HPC installation
AALBORG, DENMARK: Asetek A.S announced a new order from a current HPC OEM partner for a new, high-density cluster, for an undisclosed end customer. The order value is approximately USD 350,000 depending on final configuration, with delivery expected to be completed in Q4 2020. Annual group revenue guidance remains unchanged. Asetek, the creator of the…

Lucio Genovese appointed Chairman of Ferrexpo
LONDON: Lucio Genovese, an existing Non-executive Director of the Company, will today become Chairman of the Board of Ferrexpo Plc in place of Steve Lucas, who will retire from the Board and step down from the role of Chairman as previously announced following the Annual General Meeting on the 28 May 2020. Mr Genovese has…

Partners Group-led investor group to sell PCI Pharma Services
GUERNSEY: Partners Group, the Investment Manager of Princess Private Equity Holding Limited, has agreed the sale of a majority equity stake in PCI Pharma Services on behalf of its clients and alongside its investment partners Thomas H. Lee Partners and Frazier Healthcare Partners. Following the sale to private equity firm Kohlberg & Company and Abu…

Xero to acquire invoice lending platform Waddle for a total of AUD $80 million
SINGAPORE: Xero Limited has announced the acquisition of Waddle, a cloud-based lending platform that helps small businesses access capital through invoice financing. With an upfront cash payment of AUD $31 million and subsequent earnout payments based on product development and revenue milestones, of up to AUD $49 million, the total potential consideration for the purchase…

InfraStrata acquires assets of Appledore Shipyard for £7million
LONDON: InfraStrata plc, company focused on strategic infrastructure projects and physical asset lifecycle management, announced the acquisition of substantially all the assets of Appledore Shipyard located in Bideford, North Devon, to be renamed H&W (Appledore). InfraStrata has agreed to pay a total Consideration of £7million for the acquisition of substantially all the assets of Appledore….

OIO Holdings secures blockchain consulting contract from Moonstake
SINGAPORE: OIO Holdings Limited has secured business strategy and IT consulting contract worth $1 million with Moonstake Pte Ltd to further develop more staking opportunities for users on its platform, one of the latest innovations in the blockchain industry. Moonstake appoints OIO to work on extensive improvements to the user experience and user interfaces (UI/UX)of…

Mitsui to sell its stake in US based OSIsoft to AVEVA
LONDON: Mitsui & Co. Ltd. recently agreed to sell its entire shareholding in OSIsoft LLC. (OSI) to AVEVA Group plc, and concluded a share transfer agreement. The sale is expected to be completed around the end of 2020, after the necessary approvals have been obtained. The agreement was based on a corporate value of USD…

McAfee simplifies cloud adoption with SD-WAN integration and launch of new SASE platform
SANTA CLARA: McAfee, the device-to-cloud cybersecurity company, announced significant enhancements to its Secure Access Service Edge (SASE) solution delivered by MVISION Unified Cloud Edge (UCE) by launching easy-to-use integrations with third-party Software-Defined Wide Area Networking (SD-WAN) solutions, and extending its UCE platform to enable global strategic partners to deliver managed SASE offerings. In addition, McAfee…

TYMLEZ appoints Wayne Clay as Chairman of the Board
SYDNEY: TYMLEZ Group Limited has appointed Wayne Clay, as chairman and non-executive director of TYMLEZ Group Ltd, a news release said. Following Mr Clay’s appointment, Mr.Niv Dagan will step aside from the board. Mr. Clay is the current Chief Executive Officer (CEO) of TGOOD Australia. TGOOD is a world leader in modularised electrical substation solutions…

IT solutions provider Core BTS acquires Blue Chip Consulting Group
INDIANAPOLIS: Core BTS, a leading IT solutions and managed services provider, announced the acquisition of Blue Chip Consulting Group, LLC, a consulting firm specializing in Microsoft cloud consulting and managed services. Blue Chip will significantly expand Core BTS’ Azure capabilities while increasing the scale and reach of its already best-in-class Modern Workplace and Security practice….

iCollege and Pharmacy Guild of Australia partner to design infection control training
SYDNEY: iCollege Limited signed a partnership agreement with The Pharmacy Guild of Australia (The Guild) to jointly develop a customised Infection Control Skill Set and collaboratively market and deliver this important training to Australia’s community pharmacies. This agreement has been executed and will remain in place for 12 months. On 16 May 2020, Senator the…