SYDNEY: Hexima Limited (ASX: HXL) has entered a binding but conditional share sale agreement to acquire all the issued capital of Real Thing Entertainment Pty Ltd from the shareholders of RealThing. RealThing has developed an artificial intelligence platform called AiSAP (Autonomous Intelligent Software Agent Platform). AiSAP provides a new paradigm in user device interaction. Instead…
Urban & Civic is set to acquire L&Q Estates from London & Quadrant Housing Trust
LONDON: Urban & Civic is set to acquire L&Q Estates from London & Quadrant Housing Trust (L&Q). The sale, now unconditional, will soon be completed. L&Q Estates, a strategic land business, promotes sites through the planning process and delivers serviced land to the market. Urban & Civic, a leading UK Master Developer, was chosen to…
Ocula Technologies received £3.25m series A investment in a round led by Praetura Ventures
LONDON: Ocula Technologies Holdings, a growing SaaS business specialising in providing AI insights to e-commerce businesses, has received £3.25m of series A investment in a funding round led by Praetura Ventures, a UK based venture capital firm. Castelnau, a founding shareholder in Ocula, and Lloyds Banking Group via its fintech investment team, have also added…
Van Dyk appointed CEO and MD of Austin Engineering Limited
SYDNEY: Austin Engineering Limited (ASX: ANG) announcedthe appointment of Sybrandt (Sy) Van Dyk as the Company’s new Chief Executive Officer (CEO) andManaging Director. Mr Van Dyk will replace David Singleton who will retire as CEO and Managing Director on 30 June 2025, as previously advised. Mr Van Dyk will begin a handover period with Mr…
SunRice Group to acquire SavourLife for A$20.3 million
SYDNEY: The SunRice Group has entered into an agreement to acquire 100% of SavourLife for A$20.3 million. SavourLife will be integrated into the SunRice Group’s CopRice business, in line with its strategic objective to further expand into the branded companion animal market. The acquisition will utilise CopRice’s existing manufacturing and nutrition capabilities, to help accelerate…
Accela acquires OpenCounter, a permitting and licensing interface provider
CALIFORNIA: Accela, the leading provider of cloud-based solutions for government, announced the acquisition of OpenCounter, a pioneer in streamlining permitting and licensing processes. This strategic move aims to deliver an intuitive, step-by-step guide for residents, businesses, and event organizers seeking licenses or permits from their city, county, or state. OpenCounter’s user-friendly interface simplifies the application…
Archrock Inc. acquire Total Operations and Production Services (TOPS) for $983 million
HOUSTON: Archrock Inc. (NYSE: AROC) has entered into a definitive agreement to acquire Total Operations and Production Services, LLC (TOPS) including approximately 580,000 horsepower of predominantly young electric motor drive compression assets, in a cash-and-stock transaction valued at $983 million. Total Operations and Production Services is a leading provider of contract gas compression services for…
NextDecade Corporation appoints Tarik Skeik as Chief Operating Officer
HOUSTON: NextDecade Corporation (NASDAQ: NEXT), announced today that Tarik Skeik has been appointed Chief Operating Officer (COO) of the company. In this role, Skeik will report to the Chairman and CEO, Matt Schatzman, and further enhance a management team with outstanding experience in major capital project delivery and operations as the Company works to deliver…
Accenture agrees to acquire Camelot Management Consultants in Germany
MANHEIM: Accenture (NYSE: ACN) has agreed to acquire Camelot Management Consultants, an international SAP-focused management and technology consulting firm from Germany, with specific strengths in supply chain, data and analytics. The acquisition will further enhance Accenture’s SAP and AI-driven supply chain capabilities, helping clients build the intelligent and resilient supply chains that today’s business landscape…
Heeler Security Inc. secures $8.5 million in seed funding
Heeler Security Inc., a pioneering startup in the application security space, today announced the successful closing of an $8.5 million Seed Series funding round, led by Norwest Venture Partners with significant participation from Storm Ventures. “Application security requires a new approach that focuses on runtime visibility and that’s exactly what Heeler has done,” said David…
Krispy Kreme sells majority stake of Insomnia Cookies at an enterprise value of $350 million
Krispy Kreme Inc. (NASDAQ: DNUT) today announced the sale of a majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. The transaction represents a $350 million total enterprise value, which has doubled since Krispy Kreme’s 2018 acquisition. “As we build a bigger and better Krispy Kreme, this transaction allows us to focus…
Vodafone sells further 10% in Vantage Towers for €1.3bn
LONDON: Vodafone Group Plc announced the sale of a further 10% stake in Oak Holdings GmbH, the partnership that co-controls Vantage Towers, for €1.3 billion. This further sale achieves the 50:50 joint ownership structure with the consortium of long-term infrastructure investors led by Global Infrastructure Partners and KKR that was envisaged when the co-control partnership…