Juniper Networks, a leader in secure, AI-Native Networking, has launched the industry’s first AI-Native Networking Platform, which uses artificial intelligence (AI) to ensure the best end-to-end experiences for operators and users. The platform integrates all networking solutions with a common AI engine and a virtual network assistant, enabling end-to-end AI for IT operations (AIOps). This…
Redwire to launch first space-based semiconductor manufacturing platform
Redwire Corporation, a leader in space infrastructure, announced the launch of its first pathfinder mission for its autonomous semiconductor manufacturing platform, MSTIC, to the International Space Station (ISS). MSTIC aims to produce advanced semiconductors in microgravity, which could offer superior performance and quality than those made on Earth. The platform was developed in collaboration with…
SoFi Invest opens up alternative investments to everyday investors
SoFi, the digital personal finance company, has launched a new feature that allows its members to invest in alternative assets, such as private credit, real estate and pre-IPO companies. These assets are usually reserved for the ultra wealthy, but SoFi is making them accessible to anyone with a low minimum investment and no transaction fees…
Grit Real Estate sells assets to its subsidiary GREA for US$100 million
LONDON, UK: Grit Real Estate Income Group Limited, a leading pan-African real estate company, announced today that it has sold its interests in Bora Africa and a diplomatic housing asset in Mozambique to its development subsidiary, Gateway Real Estate Africa (GREA). The deal, which is subject to shareholder approval, will raise US$100 million for Grit,…
Flutter Entertainment commences trading on the NYSE
LONDON: Flutter Entertainment, the global sports betting and gaming group, announced today that it has listed its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol “FLUT”. The company also cancelled its secondary listing on Euronext Dublin, but retained its premium listing on the London Stock Exchange (LSE) under the ticker…
Dubai Investments acquires 34.3% stake in Global Fertility Partners
DUBAI, UAE: Dubai Investments, the leading investment company listed on the Dubai Financial Market (DFM), has announced its acquisition of a 34.3% equity stake in Global Fertility Partners (GFP), a leading network of fertility and reproductive genetics centers across the Middle East. GFP has secured approximately $60 million in equity financing from prominent institutional investors…
DG Innovate teams up with commercial vehicle giant to develop eco-friendly systems
LONDON: DG Innovate, a company that develops eco-friendly solutions for electric mobility and energy storage, has partnered with a leading commercial vehicle components company to create systems for heavy goods vehicles using its Pareta® drive technology. The Pareta® system is a simple, light and affordable solution that can be used for both electric and hybrid…
RegTech Open Project signs agreement with a leading Italian Cooperative Banking Group
LONDON: RegTech Open Project plc (RTOP) announced a significant £0.2m agreement, representing more than 10% of the Company historical revenues, with a leading Italian cooperative banking group. The banking group, consisting of over 60 banks with more than 1,400 branches across Italy and total assets in excess of €90bn, has been a client of RegTech…
DORE acquires of five Swedish hydropower plants for £6.0m
LONDON: The Board of Downing Renewables & Infrastructure Trust plc (DORE) announced the acquisition of five hydropower plants located in Sweden with a combined expected annual average production of c. 9 GWh for a total investment of c. £6.0m (EUR 6.7m). The acquisitions were funded using Downing Hydro AB’s long-term debt facility and completed in…
JTB and MLB announce new partnership for WORLD TOUR
TOKYO: JTB, a leading travel agency in Asia, has become an official sponsor of Major League Baseball (MLB)’s WORLD TOUR, a series of international events that showcase the game of baseball to fans around the globe. The partnership will allow JTB to offer exclusive hospitality packages to WORLD TOUR events, including the season-opening Seoul Series…
Acumentis acquires leading business valuation firm Gil Wright & Associates
SYDNEY, AUSTRALIA: Acumentis Group Limited (ASX: ACU), a national property professional services organisation, announced today that it has acquired the business and assets of Gil Wright & Associates Business Valuations (GWA), a leading business valuation provider in Queensland and NSW. The acquisition is expected to be completed by 1 February 2024. GWA, founded over 40…
Papyrus Australia acquires full ownership of Egyptian joint venture
SYDNEY, AUSTRALIA: Papyrus Australia Limited (PPY), a company that develops banana fibre technology for moulded fibre products, has announced that it has acquired the remaining stake in its joint venture Papyrus Egypt LLC (PPYEg) from Egypt Banaba Fibre Company (EBFC). PPY will issue 15% of its shares to a new company formed by EBFC’s other…