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…
Kain Capital completes investment in MDLand
NEW YORK: Kain Capital LLC has completed its investment in MDLand, a comprehensive technology platform designed to unify and modernize the healthcare industry’s antiquated and disjointed systems, a news release siad. MDLand equips managed care service providers with the technology needed to work more efficiently and profitably, while improving patient outcomes and generating quality of…
Bricklaying robot Hadrian X completes pilot program with GP Vivienda
PERTH: Robotic technology company FBR Limited announced that the Pilot Program stage of the Building Pilot Program Agreement between FBR and GP Vivienda has been completed. FBR constructed four Mexican-style two-bedroom, one-bathroom house structures using the Hadrian X at FBR’s premises, with each structure taking less than one standard shift on average to complete. Two…
REVEZ selects Stellar Cyber platform to provide comprehensive cybersecurity
SINGAPORE: REVEZ Corporation Ltd., a major technology Company based in Singapore, has selected the Stellar Cyber platform to provide comprehensive cybersecurity for its customers to increase productivity while enabling lower traditional operational costs, a news release said. Stellar Cyber makes the world’s first and only Open eXtended Detection and Response (XDR) platform, a new Security…
AWS announces general availability of Amazon EBS io2 Volume
SEATTLE: Amazon Web Services Inc., (AWS), has announced general availability of io2, the next generation Provisioned IOPS SSD volumes for Amazon Elastic Block Store (Amazon EBS). The new io2 volume is designed for 100x higher volume durability (99.999%) when compared to the 99.9% durability offered by io1 Amazon EBS volumes. Higher volume durability reduces the…