PARIS: FPT Software, a global technology service provider from Vietnam, has acquired an 80% stake in AOSIS, a French IT consulting firm specializing in SAP, Data, Cloud, and Business intelligence solutions. The deal is part of FPT’s strategy to strengthen its delivery competencies, expand its business opportunities, and broaden its customer base in France and…
GSTechnologies to acquire 66.67% of Semnet Pte Ltd for $1.8 million
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into an agreement to acquire 66.67% of the issued share capital of Semnet Pte Ltd, a cybersecurity company based in Singapore, for a total consideration of US$1.8 million, payable through US$0.8 million in cash and US$1.0 million in new shares in the GST. Semnet is a profitable…
Marshalls plc appoints Matt Pullen as new Chief Executive Officer
LONDON, UK: Marshalls plc, a leading manufacturer of products for the built environment, today announces the appointment of Matthew (Matt) Pullen as Chief Executive Officer Designate, who in due course will succeed Martyn Coffey as Chief Executive Officer. Matt will join the Board as a Director, with effect from 8 January 2024 and will take…
Trive Capital Partners offers to acquire Ten Entertainment Group for £287 million
LONDON, UK: Neon Buyer Limited, backed by Trive Capital Partners LP reached agreement to acquire Ten Entertainment Group plc (TEG) at the rate of 412.5 pence in cash. The acquisition values TEG’s entire issued, and to be issued, ordinary share capital at approximately £287 million on a fully diluted basis. It and implies a multiple…
LOS Group to be acquired and merge into Eqva ASA
OSLO, NORWAY: Eqva ASA and LOS Group have signed a letter of intent for a business combination agreement. The combined entity will have an EV of approximately NOK 620 million. The agreement includes the LOS Group’s 100 percent ownership in LOS Elektro AS and LOS Eiendom Bergen AS, as well as 51 percent ownership in…
Woodside Energy signs 20-year LNG supply agreement with Mexico Pacific
SYDNEY, AUSTRALIA: Woodside Energy Group has signed a sales and purchase agreement (SPA) with Mexico Pacific Limited (Mexico Pacific) to purchase 1.3 million tonnes per annum (Mtpa), equivalent to approximately 18 cargoes per year, of liquefied natural gas (LNG) for 20 years. LNG is expected to play a critical role in the energy transition and…
DTEX Systems appoints Marshall Heilman as new CEO
DTEX Systems, the global leader for insider risk management, has announced the appointment of Marshall Heilman as its new CEO. Heilman will drive the company’s mission to proactively protect global organizations from insider risks, with a focus on operational excellence and customer-centric innovation. Heilman has over 20 years of experience in cybersecurity, engineering, and executive…
WHSP to acquire Perpetual Limited and demerge its asset management business
SYDNEY, AUSTRALIA: Washington H. Soul Pattinson and Company (WHSP), a diversified investment company and a large shareholder of Perpetual Limited, has made an indicative proposal to acquire 100% of Perpetual and demerge its asset management business, Perpetual Asset Management (PAM), to existing Perpetual shareholders. WHSP would retain the other two businesses including Perpetual Wealth Management…
Maxsun launches MegaGamer GeForce RTX 4070: A Beast of a Graphics Card
If you are looking for a graphics card that can handle the latest games and applications with ease, you might want to check out Maxsun’s MegaGamer (MGG) series of add-in-boards. Maxsun is a Chinese brand that is not very well-known outside of its home market, but it has gained some attention for its unique and…
Astro A50 X: The Ultimate Gaming Headset with PlaySync Technology
If you’re looking for a gaming headset that can do more than just deliver immersive sound, you might want to check out the new Astro A50 X from Logitech. This premium headset not only boasts high-quality audio features, but also comes with a unique dock that lets you switch your entire gaming and entertainment setup…
Manufacturers Bank changed its name to SMBC MANUBANK
LOS ANGELES: Manufacturers Bank, a wholly owned subsidiary of SMBC Americas Holdings, changed its name to SMBC MANUBANK. The new name reflects the bank’s strategic vision to transform and expand its commercial banking business, compete in the digital consumer bank space, and further align with SMBC Group. “SMBC MANUBANK reinforces our commitment to invest and…
The Evolution of Face ID Checks: Balancing Convenience and Security
In an era dominated by digital advancements, the way we secure our personal information has undergone a significant transformation. One of the most revolutionary developments in this realm is the implementation of Face ID checks. This cutting-edge technology has not only simplified the authentication process but has also raised important questions about the delicate balance…