MELBOURNE, AUSTRALIA: Adherium Limited, the leader in respiratory digital health technologies, has announced the appointment of Dr Paul Mastoridis as its new CEO. Dr Mastoridis is a global pharmaceutical innovator with more than 25 years of experience in developing and leading digital solutions for asthma and COPD management. He was previously the Global Medical Head…
Battery Age Minerals appoints Nigel Broomham as new CEO
SYDNEY, AUSTRALIA: Battery Age Minerals Ltd (ASX: BM8), a battery metals exploration company, has announced the appointment of Mr Nigel Broomham as its new Chief Executive Officer (CEO), effective immediately. Mr Broomham, who has over 14 years of industry experience and expertise in lithium, joined the company as General Manager – Exploration in February last…
Count Limited acquire Business Accounting Melbourne
SYDNEY, AUSTRALIA: Count Limited through its Victorian subsidiary firm Kidmans Partners has announced the purchase of the accounting client book of Business Accounting Melbourne. Business Accounting Melbourne is a modern practice that specialises in the automation and implementation of systems and technologies to streamline all accounting and bookkeeping processes. The business has accounting revenues of…
Mipac Holdings to acquire Paradigm Engineers in a $9 million deal
SIDNEY, AUSTRALIA: Mipac Holdings Pty Ltd, a subsidiary of GR Engineering Services Limited, has agreed to buy Paradigm Engineers Pty Ltd, a Western Australian company that provides control system and electrical engineering, automation and technology services to the mining industry. The deal, worth $9 million, will enhance Mipac’s capabilities and expand its footprint in Western…
Thompson Street Capital Partners and Cequel III acquire DDC Cabinet Technology
Thompson Street Capital Partners (TSCP) and Cequel III, two private equity firms based in St. Louis, announced today that they have taken a controlling stake in DDC Cabinet Technology (DDC), a global provider of innovative data center cabinet and cooling solutions. DDC’s co-founders, Chris Orlando and Mark Ortenzi, will remain as minority investors. The financial…
Ark Infotech acquires Slauth.io to boost cybersecurity and AI solutions
Ark Infotech LLC, a leading provider of IT solutions for federal and state agencies, announced on December 31, 2023, that it has completed the acquisition of Slauth.io, a pioneer in the Identity and Access Management (IAM) industry. The deal, backed by prominent investors Y Combinator and 8200, combines the expertise of two innovative companies to…
Protect AI acquires Laiyer AI to offer security solutions for LLMs
Protect AI, the leading AI and ML security company, has acquired Laiyer AI, the developer of LLM Guard, an open-source project for protecting large language models (LLMs) from security threats and misuse. LLMs, such as OpenAI’s GPT-4, are powerful tools for generating and understanding human language, with applications in various sectors. However, they also pose…
TotalEnergies buys 50% stake in Malaysian gas producer, SapuraOMV, for $903 million
PARIS, FRANCE: TotalEnergies, a French energy giant, has agreed to acquire a 50% stake in SapuraOMV, a Malaysian gas producer and operator, for $903 million. The deal includes the transfer of a $350 million loan from OMV, an Austrian oil and gas company, to SapuraOMV. The acquisition will give TotalEnergies access to SapuraOMV’s main assets…
Perfmatters: The Best Speed Optimization Plugin for WordPress
Speed optimization is crucial for WordPress websites. It not only improves the visitor experience but also helps your website’s search engine ranking. Many plugins out there claim to optimize your website. But there is one that has proven to make your website faster – Perfmatters. Perfmatters is a lightweight WordPress plugin that cleans up the…
Engro Corporation appoints Ahsan Zafar Syed as new CEO
KARACHI: Engro Corporation, a leading Pakistani business group, has named Ahsan Zafar Syed as its next President & CEO, effective from May 2024. He will succeed Ghias Khan, who has led the company since 2017 and achieved remarkable growth and diversification. Ahsan Zafar Syed is a veteran of Engro, having joined the company in 1991…
IMF raises growth outlook for developing Asia, but warns of China property risks
The International Monetary Fund (IMF) has upgraded its growth forecast for developing Asia economies in 2024, thanks to strong performance by India and higher government spending by China. However, it also cautioned that China’s property sector crisis could pose a threat to the region’s recovery. In its latest World Economic Outlook report, the IMF projected…
STV Studios becomes majority stakeholder in Two Cities Television
LONDON, UK: STV Studios has increased its 25% equity stake in the high-end drama production company, Two Cities Television (Two Cities), to a majority holding of 51%. STV acquired a minority stake in Two Cities in January 2020, with an option to increase its initial stake to a majority position upon Two Cities becoming profitable….