SYDNEY, AUSTRALIA: Hansen Technologies Limited (ASX: HSN) has announced that it has acquired 100% of the security interests of powercloud GmbH for an equity value of EUR 30m (~AUD $49m). powercloud GmbH is a leading provider of billing and customer management software products for utility companies and regional municipalities in Germany. According to a company…
RWC acquires Holman Industries for A$160 million
SYDNEY, AUSTRALIA: Reliance Worldwide Corporation Limited (RWC), a global leader in plumbing solutions, has announced the acquisition of Holman Industries, a leading manufacturer and distributor of plumbing and watering products in Australia, for A$160 million (US$105 million). According to the business announcement, the deal, which reflects a 7.0 times multiple of Holman’s last twelve months…
Beacon acquires Metro Sealant, expands waterproofing division
Beacon, a leading distributor of building products, announced the acquisition of Metro Sealant, a company that provides sealant and waterproofing solutions for commercial construction. The deal strengthens Beacon’s position as a national leader in specialty waterproofing. Metro Sealant, founded in 1989, has four branches in Virginia and Maryland, and serves contractors, design professionals, and owners…
Diamondback Energy to buy Endeavor Energy Partners for $26 billion
Diamondback Energy, a leading shale producer, announced on Monday that it would acquire Endeavor Energy Partners, the largest private oil and gas company in the Permian Basin, for about $26 billion, including debt. The deal would create the third biggest producer in the Permian, the most prolific oil and gas region in the U.S., behind…
AtlasClear Completes Business Combination With Quantum And Acquires Wilson-Davis
AtlasClear Holdings, Inc. , a technology and financing solution provider for small and midsize financial institutions, announced on Monday that it has completed its business combination with Quantum FinTech Acquisition Corporation (NYSE: QFTA), a publicly-traded special purpose acquisition company, and its acquisition of broker-dealer Wilson-Davis & Co., Inc. The combined company will operate as AtlasClear…
Couply AI: The World’s First Personalized Relationship Coach
Couply, the award-winning relationship app, has launched Couply AI, a personalized relationship coach that offers tailored advice and date ideas to couples. The app uses personality quizzes and questions to create a “personality mesh” for each couple, and then provides insights and suggestions based on their unique dynamics. Couply AI is the result of five…
Saama and Pfizer expand AI partnership to accelerate clinical trials
Saama, a leading provider of AI-based solutions for clinical development and commercialization, announced a new multi-year agreement with Pfizer, a global biopharmaceutical company, to scale up their data review automation and speed up regulatory submissions. The partnership builds on the success of their previous collaboration, which resulted in Smart Data Quality (SDQ), an AI-powered tool…
Visa Commercial Pay expands to Latin America & Caribbean, adds digital wallet feature
Visa (NYSE:V), a global leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, have announced new enhancements to their B2B payment solutions, Visa Commercial Pay. The solutions, which include virtual card B2B payment solutions, aim to improve cashflow for businesses and reduce outdated manual processes. The latest innovation enables…
Cannae Holdings Inc. announces William P. Foley II as CEO
Cannae Holdings Inc. (NYSE: CNNE) today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan…
Virgin Media O2 partners with Hiya to fight phone spam and fraud
Virgin Media O2, one of the UK’s largest telecommunications companies, has announced a partnership with Hiya, the leader in voice security, to provide its customers with AI-powered spam-fighting and branded calling services. The partnership will benefit Virgin Media O2 and its mobile virtual network operators (MVNOs) such as giffgaff, who will receive an additional layer…
Ransomware: The $1.1 billion threat that won’t go away
Ransomware is a type of malware that encrypts the victim’s data and demands a payment to restore it. It has been around for decades, but in 2023, it reached new heights of sophistication and profitability. According to a new report by Chainalysis, a leading blockchain analysis firm, ransomware actors collected a record-breaking $1.1 billion from…
Revolut offers phone plans for travelers with eSIMs
Revolut, a British fintech company that offers banking and payment services, has launched a new service for travelers in the U.K. that allows them to use phone plans with eSIMs, or virtual SIM cards. The plans, which are available to Revolut’s Ultra subscribers, give users 3GB of data per month to use in over 200…