In the ever-evolving landscape of human resources, a new global report by Sage has highlighted a significant trend: HR professionals are increasingly turning to artificial intelligence (AI) to alleviate the administrative burden, streamline time-consuming tasks, and combat burnout. The report,…
Getty Images (NYSE: GETY), the renowned visual content creator and marketplace, has announced the acquisition of Motorsport Images, a revered archive in the realm of motorsport photography. This acquisition includes the operative arm LAT Images, along with the Sutton, Schlegelmilch,…
APC Postal Logistics, a prominent international shipment consolidator, has joined forces with Shipium, a cutting-edge shipping platform for ecommerce entities. This partnership aims to enhance cross-border distribution capabilities for parcel and mail deliveries, leveraging APC’s strategic locations near major airports…
Praia Health, a pioneering digital health company, has successfully closed an oversubscribed Series A funding round, raising $20 million. The investment round was led by Frist Cressey Ventures with substantial contributions from SignalFire, Epsilon Health Investors, and Providence Ventures. The…
Aidium Mortgage CRM, a pioneer in mortgage technology solutions, has announced the successful completion of a $19 million Series A funding round. The round was spearheaded by PeakSpan Capital, marking a significant vote of confidence in Aidium’s innovative approach to…
RealVNC, a leader in remote access technology, has announced the appointment of Henry Seddon as its new CEO. Seddon, with over 25 years of experience in global tech leadership, is set to drive RealVNC’s expansion and innovation. His previous success…
Global Loan Agency Services Limited (GLAS Group) has completed its first acquisition by taking over Pristine, a Paris-based leader in trust and asset management. The deal, initially agreed upon in August 2023, received the green light after meeting regulatory approvals…
Triton Investment Advisers LLP has finalized the formation of the Assemblin Caverion Group. The process, completed on April 1, 2024, involved the successful merger of Assemblin Group AB and Caverion Corporation, two former portfolio companies. Crayfish BidCo Oy, under Triton’s…
LONDON: TBC Bank Group announced that on 28 March 2024, Moody’s Investors Service affirmed JSC TBC Bank’s Ba2 long-term local and foreign currency deposit ratings, as well as senior unsecured rating and revised the outlook from negative to stable. The…
Informatica (NYSE: INFA) has announced the launch of its Intelligent Data Management Cloud™ (IDMC) in the Kingdom of Saudi Arabia. This strategic expansion includes the establishment of a new Point of Delivery (PoD) in Riyadh, marking a significant investment in…
UK-based Sparxell has successfully raised $3.2 million in funding to advance the development and commercialization of sustainable plant-based pigments. These pigments aim to replace synthetic chemicals in various industries, including cosmetics, fashion, and packaging. The funding round saw contributions from…
LONDON: Nyetimber Wines and Spirits Group Limited has proposed a cash offer to acquire The Lakes Distillery Company plc, valuing the latter’s share capital at approximately £46.1 million. Shareholders of The Lakes Distillery are to receive 116 pence per share,…