BRISBANE: Fiji Kava Ltd, an Australian-Fijian medicinal kava health and wellness company, announced a non-exclusive licence agreement with BioCeuticals, a Blackmores-owned company, to develop a co-branded product for release in Australia and New Zealand. The agreement will see BioCeuticals licence the use of Fiji Kava’s high quality noble kava extract for its BioCeuticals Clinical AnxioCalm…
Panoply Holdings wins two digital and data transformation projects worth £4.8 million
LONDON: The Panoply Holdings PLC, the technology-enabled services group focused on digital transformation, announced two significant contracts signed with HM Land Registry by Group companies FutureGov and Notbinary. The two contracts were awarded to FutureGov and Notbinary in response to separate bids placed on the Government’s digital marketplace and are worth a value of up…
Full Circle Fiber acquires Noble Resources
TAMPA: Noble Resources Corporation has been acquired by Full Circle Fiber Partners, an affiliate of Mill Point Capital. Noble will continue to operate independently under its new name, Noble Broadband LLC, a news release said. Under Full Circle, Noble will continue to expand its leadership in communications and utility infrastructure services, specializing in aerial and…
Portmeirion Group acquires remaining 50% equity in Portmeirion Canada
LONDON: Portmeirion Group PLC has acquired the remaining 50% of the issued share capital of Portmeirion Canada Inc. from Royal Selangor Inc. This purchase means the Group now owns 100% of the issued share capital of Portmeirion Canada, a news release said. As part of the acquisition, key licence distribution agreements in the Canadian marketplace…
Class Limited agrees to acquire Smartcorp for $4.2 million
PERTH: Class Limited, a developer of application software, has announced the execution of an agreement to buy 100% of the shares in Assuriti Pty Ltd (Smartcorp) for $4.2 million, adjusted for net assets. The transaction comprises an upfront cash payment of $2.73 million on completion, plus $1.47 million in Class shares escrowed for 18 months….
Facedrive partners with Russell Wilson and Jason LeeKeenan founded Tally Technology
TORONTO: Facedrive Inc., a Canadian tech ecosystem, has completed a sign-and-close definitive agreement to partner and invest in Tally Technology Group Inc., a white-label, free-to-play sports predictions platform founded by Superbowl-winning quarterback Russell Wilson and Jason LeeKeenan. Tally’s sports prediction platform was spun out of TraceMe, a celebrity social media company founded by Wilson and…
Airtel Africa forms strategic partnership with Standard Chartered Bank
LONDON: Airtel Africa, a leading provider of telecommunications and mobile money services, announced a strategic partnership with Standard Chartered Bank, a leading international banking group, to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. Standard Chartered and Airtel Africa will work together to co-create new,…
SmartSpace sells its Enterprise software business for £4.6 million
LONDON: SmartSpace Software plc, the leading provider of ‘Integrated Space Management Software’ for smart buildings and commercial spaces, has completed the sale of its Enterprise software business (Enterprise) to Four Winds Interactive UK Limited, a subsidiary of Four Winds Interactive. SmartSpace has received an aggregate cash consideration of £4.6 million, subject to adjustment following completion…
Chevron makes investment in nuclear fusion start-up, Zap energy
HOUSTON: Chevron Corporation has announced a Series A investment in Zap Energy Inc., a Seattle-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion. Chevron Technology Ventures’ investment in fusion is an opportunity to enhance the company’s focus on a diverse portfolio of low-carbon…
GlobeX Data signs agreement with Prime Technology Services in The Bahamas
TORONTO: GlobeX Data Ltd., the leader in Swiss hosted cyber security and Internet privacy solutions for secure data management and secure communications, has signed its second distribution agreement in the Commonwealth of The Bahamas. The agreement was signed with Prime Technology Services Ltd. of Nassau, Bahamas. This is the second distribution agreement signed by GlobeX…
Agility secures over $8mn to expand Anheuser-Busch CNG fleet
OSLO: Agility Fuel Solutions, a business of Hexagon Composites and a leading global provider of clean fuel solutions for medium- and heavy-duty commercial vehicles, received a substantial order from longtime customer Anheuser-Busch. Over 180 new trucks equipped with Agility’s ProCab 175 CNG Fuel Systems will be joining the fleet. The estimated total value of the…
Scope Ratings revises the outlook for Agder Energi’s issuer rating BBB+ from stable to negative
OSLO: German-based rating agency Scope Ratings has today updated the rating report for Agder Energi AS and revises the outlook for issuer’s rating BBB+ from stable to negative. Scope states the outlook change is driven by the increased risk of financial risk profile pressures for a longer period due to low power prices prevailing in…