TORONTO: Blockchain Foundry Inc. (BCF) is partnering with Matic Network to explore interoperability between the Syscoin and Matic networks. Matic and BCF’s Syscoin Ethereum bridge both provide scalability for the Ethereum network but approach it in different ways; Matic via sidechains and BCF via the trustless Syscoin Ethereum bridge which allows for scalable transactions. The…
Curaleaf completes acquisition of grassroots creating world’s largest cannabis company
WAKEFIELD: Curaleaf Holdings Inc., the largest vertically integrated cannabis operator in the United States, announced that it closed its milestone acquisition of GR Companies, Inc., the largest private vertically-integrated multi-state operator in the United States, on July 23, 2020. With completion of the acquisition of Grassroots, Curaleaf is the world’s largest cannabis company by revenue…
IGEN launches next-generation platform for the consumer automotive markets
LAKE ELSINORE: IGEN Networks Corporation, a leading innovator of cloud-based and Internet of Things (IoT) automotive solutions, announced the launch of its Next-Generation Platform built on the Amazon’s Web Service (AWS) infrastructure and based on state-of-the-art coding methodology that leverages Facebook and Google design techniques to present a seamless user interface regardless of access methods…
Richard Meaux joins Exro Technologies as its new chief of marketing
VANCOUVER: Exro Technologies Inc., a leading technology company who has developed a new class of power electronics for powertrains, announced Richard Meaux, a proven industry innovator in marketing, digital and IoT strategies, has joined Exro as its new Chief of Marketing (CMO). Meaux has had diverse experiences in the power conversion industry, beginning his career…
Gaming Innovation Group receives CSIE license in New Jersey, USA
OSLO: Gaming Innovation Group (GiG) announced that its subsidiary, iGaming Cloud Inc., has been granted a permanent casino service industry enterprise license (CSIE) from the Division of Gaming Enforcement (DGE) in New Jersey, USA. The application was filed back in June 2018, and GiG has supported Hard Rock International’s casino operations in New Jersey under…
Citicode proposes to acquire Livingstone Health for up to S$72 million
SINGAPORE: Citicode Ltd. intends to acquire homegrown Livingstone Health Ltd. for up to S$72.0 million. Upon completion, the transaction will constitute a reverse takeover (RTO) which will mark a new phase of transformation of the former Advance SCT Limited under the new leadership of its Executive Chairman and CEO, Mr Teh Wing Kwan and propel…
Oman Insurance Company completes 100% acquisition of Dubai Starr Sigorta
DUBAI: Oman Insurance Company has completed 100% acquisition of its subsidiary, Dubai Starr Sigorta A.S.by obtaining additional 49% of issued and outstanding share capital. In 2012, Oman Insurance Company bought 51% stake in Dubai Starr Sigorta which was an auto agency based in Istanbul, Turkey with operations in Ankara, Izmir and Bursa. The company, under…
Al Salam Bank Bahrain launches new and fully customizable digital banking app
MANAMA: Al Salam Bank-Bahrain has announced the launch of its new state-of-the-art digital banking application (app). The new app will offer a full suite of mobile banking services, including family accounts, digital onboarding, and a comprehensive range of exciting new features. It will also be used to launch new products and services. The new app…
Star Media Group selects Triton Digital for full suite of audio products
KUALA LUMPUR: Triton Digital, the global technology and services provider to the online audio and podcast industry, announced that Star Media Group, Malaysia’s leading integrated and innovative media group, has selected Triton Digital to power the delivery, monetization, and measurement of its streaming audio and podcast content. Through this partnership, Star Media Group will utilize…
Altice USA to sell 49.99% of Lightpath Fiber Enterprise Business to Morgan Stanley for $3.2bn
NEW YORK: Altice USA has agreed to sell 49.99% of its Lightpath fiber enterprise business to Morgan Stanley Infrastructure Partners (MSIP) for an implied enterprise value of $3.2 billion. Altice USA will receive total gross cash proceeds of approximately $2.3 billion from the sale and related financing activity (net cash proceeds of approximately $1.1 billion…
East Daley Capital hires Ethan Bellamy as Managing Director of Midstream Strategy
CENTENNIAL: East Daley Capital Advisors Inc., the premier midstream energy data and insights company, announced that Ethan Bellamy has joined as Managing Director of Midstream Strategy. Bellamy brings over 15 years of experience in midstream equity research. He joins East Daley from Baird, where he was most recently Senior Equity Analyst covering Energy Infrastructure. “We’re…
Utilligent and Infor partner to help utilities overcome business challenges
LOS ANGELES: Infor, a global 2019 Gartner Magic Quadrant leader in business cloud software specialized by industry, and management consulting firm Utilligent announce an alliance to bring their enterprise asset management (EAM) solution to utility companies to optimize maintenance operations, extend asset life, and reach new levels of efficiency. “For almost two decades, Utilligent has…