AMSTERDAM: Kyivstar, the Ukrainian subsidiary of VEON Ltd., a global digital operator, announced on Wednesday that it is restoring connectivity on its networks after a massive cyber-attack on Tuesday. The attack caused a service outage that affected millions of customers. The company said that more than 90% of its mobile base stations are now operational,…
SALUS Technologies raises $8 million to improve safety in construction and other industries
VANCOUVER: SALUS Technologies, a software company based in Vancouver, has secured $8 million in a Series A funding round from New York investors. The company develops safety management software that helps field workers and safety professionals comply with regulations and reduce risks in their daily operations. The new funding will enable SALUS to enhance its…
SOAR Texas Scholarship: A $100K Opportunity for First-Generation Female Students
LOAR PLLC, a woman-owned law firm serving all Texans, has launched the SOAR Texas Scholarship, a nonprofit foundation that awards $100K in annual college scholarships to 20 outstanding first-generation female students who are passionate about making a difference in the world, a statement noted. The SOAR program supports women who have overcome significant challenges and…
HOLT Truck Centers opens new facility in Wichita Falls
TEXAS: HOLT Truck Centers, a leading dealer of International and Idealease trucks, trailers, and busses, has opened a new facility in Wichita Falls, Texas. This is the 15th location for the company, which also operates in Oklahoma and East Texas. The new facility will offer full-service, rebuilds, and parts for all makes and models of…
Chris Raymond names President and CEO of Boeing Global Services
Boeing has appointed Chris Raymond as the new president and CEO of Boeing Global Services (BGS), the company’s aerospace services business that had $17.6 billion in revenue in 2022. Raymond will replace Stephanie Pope, who will become Boeing’s chief operating officer from Jan. 1, 2024. Raymond will report to Pope and remain on the company’s…
Cleo acquires ECS to boost its ecosystem integration platform in Europe
AMSTERDAM: Cleo, a leading provider of ecosystem integration software, has announced the acquisition of its long-time partner ECS International, a cloud technology company based in the Netherlands. The deal, whose terms were not disclosed, will enable Cleo to offer its Cleo Integration Cloud (CIC) platform to hundreds of existing and new customers in Europe, especially…
How Astera Labs’ PCIe and CXL Products Enhance the Capabilities of 5th Gen Intel Xeon Scalable Processors
CALIFORNIA: Astera Labs, the leading provider of semiconductor-based connectivity solutions for cloud and AI infrastructure, today revealed its partnership with Intel to deliver its PCIe® and CXL® solutions that optimize the performance of 5th Gen Intel Xeon Scalable processors. Astera Labs has performed extensive interoperability testing in its Cloud-Scale Interop Lab to help hyperscalers and…
Mainfactor acquires Gimme Radio’s e-commerce assets
PHILADELPHIA: Mainfactor Inc., a Philadelphia-based company that provides e-commerce solutions for the music and entertainment industry, has acquired the e-commerce-related sites and assets of Gimme Radio Inc., a streaming music and e-commerce platform for genre-specific and community-based music fans. The acquisition will allow Mainfactor to expand its portfolio of direct-to-consumer (D2C) storefronts for renowned artists,…
Hg invests in CINC Systems, a leading software provider for community association management
LONDON, UK: CINC Systems, a cloud-based software company that serves the community association management industry, has received a strategic growth investment from Hg, a leading investor in software and services businesses. The deal, whose terms were not disclosed, will see Hg join CINC’s founder, Bill Blanton, its management team and current investors, Spectrum Equity, as…
Arkema’s Bostik to acquire Arc Building Products
PARIS, FRANCE: Bostik, a subsidiary of Arkema, has announced its intention to acquire Arc Building Products, a company that specializes in tile adhesives, floor preparation systems, building chemicals and sealing & bonding solutions. Arc has a strong presence in the Irish market, with annual sales of around €15 million and a production facility in Arklow,…
WALLIX One: The SaaS Platform for Identity and Access Security
Cybersecurity is a vital aspect of any business, especially in the digital age. With the increasing complexity and diversity of IT and OT systems, ensuring that only authorized users and devices can access sensitive resources is a daunting challenge. Moreover, cyberattacks are becoming more sophisticated and frequent, posing serious threats to data integrity, privacy, and…
Westpac reports 26% rise in net profit, announces expansion plans and digital initiatives
Westpac Banking Corporation, one of Australia’s largest banks, has announced its financial results for the year 2023, showing a strong performance despite the challenging economic environment. The bank also revealed its plans to expand its presence in Queensland, simplify its technology stack, and enhance its digital services for customers. Financial highlights The bank reported a…