Phoenix Tower International (PTI), a global telecom tower operator, has announced a deal to buy Cellnex Telecom’s business in Ireland, which includes about 1,700 mobile telecom sites and 200 land locations. The deal will boost PTI’s presence and growth in…
Power Factors, the leading software solutions provider for the renewable energy sector, has announced the appointment of Julieann Esper Rainville as its new Chief Executive Officer. She will succeed Gary Meyers, who will become the Executive Chairman of the Board…
Accenture, a global professional services company, has agreed to acquire Udacity, a digital education pioneer that offers proprietary technology courses online. The terms of the deal were not disclosed. Udacity’s team of more than 230 professionals will join Accenture LearnVantage,…
Deel, the all-in-one HR solution for global teams, announced today that it is acquiring PaySpace, the African-based payroll and HR company with operations in 44 countries. The deal will make Deel the first global payroll and Employer of Record (EOR)…
LONDON: HydrogenOne Capital Growth plc, a London-listed fund investing in clean hydrogen, has announced its participation in a EUR 500 million funding package for Sunfire GmbH, a leading electrolyzer manufacturer. The package includes a EUR 215 million Series E equity…
Generative AI is a game-changing technology that can create new content, data, and insights from existing information. It can help retail banks improve their efficiency, customer experience, and innovation. However, most banks are not ready to embrace and scale generative…
CapitalBox, a business unit of Multitude SE, a leading European FinTech company, has announced the acquisition of Omniveta Finance, a Danish invoice purchasing company, effective from 1st March 2024. The deal will enhance CapitalBox’s alternative finance solutions for small and…
BowFlex Inc., a leading home fitness company, has agreed to sell most of its assets to Johnson Health Tech Retail, Inc. for $37.5 million in cash, as part of its Chapter 11 bankruptcy process. The company filed for bankruptcy protection…
DUBAI: TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, has announced its best-ever financial and operational performance for the year 2023, along with a cash dividend of AED 800 million for its shareholders. The Group…
LONDON: CEVA Logistics UK Rose Limited, a subsidiary of French shipping giant CMA CGM S.A., has decided to drop its bid for British logistics company Wincanton plc after a competing offer emerged. CEVA had agreed to buy Wincanton for £1.2…
LONDON, UK: Argo Blockchain plc, a global leader in cryptocurrency mining, announced on Monday that it has agreed to sell its Quebec data center in Mirabel, Quebec, for $6.1 million. The deal is expected to close by the end of…
LONDON: Active Energy, a renewable energy company, has reached a settlement agreement with Player Holdings and its subsidiaries (PDI) over the former production of CoalSwitch®, a biomass fuel, at PDI’s facility in Maine. The settlement involves PDI paying Active Energy…