LONDON: Dev Clever, a leading developer of consumer engagement experiences, has signed a three-year commercial partnership with Low6 LTD, a leading provider of mobile pool betting applications, a news release said. The commercial partnership enables Low6’s mobile quiz based pool betting application, ‘PubWars’, which has been designed for licensed hospitality venues, to be fully integrated…
Keywords Studios acquires Heavy Iron Studios for US$13.3 million
LONDON, UK: Keywords Studios has entered into a conditional agreement to acquire the entire issued share capital of Heavy Iron Studios Inc., a provider of specialised game development services, for total consideration of up to US$13.3 million, a news release said. Keywords Studios is the international technical and creative services provider to the global video…
New Wave Holdings Corp appoints Daniel Fox as Chief Executive Officer
TORONTO: New Wave Holdings Corp. announced the appointment of Daniel Fox as Chief Executive Officer (CEO) and Diego Gianelli to the Board of Directors. Clayton Fisher interim CEO and Director has tendered his resignation as interim CEO and is also stepping down from his role as Director. New Wave Holdings Corp is an investment issuer…
Choom Holdings completes acquisition of Phivida Holdings
VANCOUVER: Choom Holdings Inc. and Phivida Holdings Inc. announced the completion of the acquisition of Phivida by Choom, originally announced on June 3, 2020, pursuant to a court-approved plan of arrangement. The Plan of Arrangement was implemented pursuant to the terms and conditions of an arrangement agreement dated June 2, 2020 between Choom and Phivida…
Kahoot! acquires Actimo in a USD 26-33 million deal
OSLO: Kahoot!, the global learning platform company, announced the acquisition of Actimo, an employee engagement platform that empowers organizations to more efficiently build corporate culture with better communication, training and interaction with the workforce. Kahoot! is acquiring 100% of the shares in Actimo ApS for a total consideration reflecting an enterprise value (EV) of USD…
Bombardier and Alstom sign definitive agreement for sale of transportation business
MONTREAL: Bombardier announced that it has signed a definitive Sale and Purchase Agreement (SPA), with Alstom SA and the Caisse de dépôt et placement du Québec (la Caisse) for the sale of its transportation business to Alstom. Under the SPA, Bombardier and la Caisse will sell their interests in Bombardier Transportation to Alstom on the…
Al Baraka Banking Group Collaborates with Bahrain Bourse and Central Bank to offer Sukuk based Murabaha facility
MANAMA: Al Baraka Banking Group (ABG), as part of its strategy to offer a wide range of services and investment channels for its clientele, has announced the launch of Islamic Commodity Murabaha financing service. The announcement came as Al Baraka Banking Group and Bahrain Bourse signed an agreement on September 2, 2020. The virtual signing…
SGX wins Best Exchange for FX at FX Markets e-FX Awards 2020
SINGAPORE: Singapore Exchange (SGX) has been named “Best Exchange for FX” at the FX Markets e-FX Awards 2020. The awards have been running for 18 years in recognition of the best-in-class in electronic FX trading globally. In 2018 and 2019, SGX won the “Best FX Exchange in Asia” and “Best FX Clearing House in Asia”…
Fluor completes new Valvoline Lubricants facility in China ahead of schedule
IRVING: Fluor Corporation announced that it has safely achieved mechanical completion of Valvoline’s new lubricants facility in Zhangjiagang, China, ahead of schedule. Fluor’s scope of work on the project included detailed engineering, procurement and construction management executed under a lump-sum services contract. The new 80,000-square-meter blending and packaging facility is Valvoline’s largest plant investment to…
Enovate Upstream announces string of high-profile partnerships
HOUSTON: Enovate Upstream – the only digital hybrid start-up founded by experienced oil and gas (O&G) executives and research leaders – began with a mission to overhaul the industry using its groundbreaking technology and methodology in data analytics. Since launching less than two years ago, Enovate has inked a series of strategic alliances with well-established…
Black Knight completed acquisition of Optimal Blue
LAS VEGAS: Black Knight Inc. has completed its acquisition of Optimal Blue, a leading provider of secondary market solutions and actionable data services. “Bringing Optimal Blue into the Black Knight family enhances our robust set of solutions with the addition of industry-leading product, pricing and eligibility capabilities and increases our already comprehensive data and analytics…
Singapore and Apple partner on national health initiative using Apple Watch
CUPERTINO: The government of Singapore and Apple announced their partnership on the health initiative LumiHealth, a personalized program to encourage healthy activity and behaviors using Apple Watch. The first-of-its-kind program was designed by Singapore’s Health Promotion Board in conjunction with Apple as part of the country’s Smart Nation initiative, a national effort to leverage technology…