TEXAS: Securonix Inc., a leading provider of Unified Defense SIEM, has named Mark Stevens as its Vice President of Strategic Alliances. With over two decades of experience in cultivating OEM relationships and devising joint go-to-market programs for prominent global technology companies, Stevens will spearhead an award-winning partner program tailored to meet the evolving security needs…
DCC Energy has agreed to acquire Progas GmbH for €160 million
LONDON, UK: DCC plc announced that DCC Energy has agreed to acquire Progas GmbH, a leading distributor of LPG in Germany, subject to customary regulatory approval. The acquisition is based on an enterprise value of approximately €160 million (£140 million) on a cash-free, debt-free basis and the consideration will be settled in cash on completion,…
Tekmar Group acquires minority interest in Ryder Geotechnical Limited
LONDON, UK: Tekmar Group plc (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, announced that AgileTek Engineering Limited has entered into an agreement to acquire the remaining shares of Ryder Geotechnical Limited not already owned by it. AgileTek Engineering is a wholly owned subsidiary of the Tekmar Group….
Fintel Plc acquires two fintech firms to expand its services and ratings
LONDON, UK: Fintel Plc, the leading provider of fintech and support services to the UK retail financial services sector, has announced the acquisition of two fintech firms, VouchedFor and AKG, to broaden its services and ratings for the advice market. VouchedFor is a leading review site for financial advisers, mortgage advisers, solicitors and accountants, serving…
JPMorgan UK Smaller Companies Investment Trust to merge with JPMorgan Mid Cap Investment Trust
LONDON, UK: JPMorgan UK Smaller Companies Investment Trust plc (JMI) has announced that it has agreed to combine with JPMorgan Mid Cap Investment Trust plc (JMF) in a deal that will create a larger and more diversified fund focused on UK smaller companies, a statement noted. The deal will be implemented by a scheme of…
Jadestone Energy acquires additional interest in the CWLH oil fields
SINGAPORE: Jadestone Energy plc, an independent oil and gas production company focused on the Asia-Pacific region, has executed a sale and purchase agreement with Japan Australia LNG (MIMI) Pty Ltd to acquire the Seller’s non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia, for a total…
Glencore plc to acquire 77% interest in Teck’s Elk Valley Resources for US$6.93 bn
LONDON, UK: Glencore plc has entered into a binding agreement with Teck Resources Limited for the acquisition of a 77% effective interest in the entirety of Teck’s steelmaking coal business, Elk Valley Resources (EVR), for US$6.93 bn in cash, on a cash free debt free basis, subject to a normalised level of working capital. Concurrently,…
CGG and Eclairion collaborate to meet growing demand for sustainable HPC in the EU
PARIS, FRANCE: CGG and Eclairion have announced a collaboration agreement to establish a state-of-the-art, energy-efficient infrastructure capable of hosting the high-power densities of next-generation servers. The two leading French technology companies are collaborating to bring CGG’s HPC and immersion cooling expertise to Eclairion’s new low-carbon modular-design data center in Bruyères-le-Châtel, Essonne to create a highly…
AIS appointment Kim Pack as the new President of Federal unit
AIS, a leading Azure and GenAI solutions provider, has announced the appointment of Kim Pack as the new President of its Federal unit. Kim Pack will lead the company’s efforts to deliver mission-focused solutions for U.S. Government customers, leveraging her 30 years of experience in IT Services and Management Consulting. Kim Pack joins AIS from…
Acacia Research buys majority stake in Benchmark Energy
NEW YORK: Acacia Research Corporation, a publicly traded company that invests in intellectual property and other assets, has announced that it has acquired a majority stake in Benchmark Energy II, LLC, an independent oil and gas company operating in Texas and Oklahoma. Benchmark is led by Kirk Goehring, a veteran in the oil and gas…
Former SUNeVision CEO and REIT CFO join Vantage Data Centers as APAC executives
Vantage Data Centers, a global provider of hyperscale data center campuses, has announced new executive leadership in APAC to support its regional expansion. Raymond Tong, former CEO of SUNeVision Holdings, has joined as President, APAC, and Joel Cheah, an experienced REIT CFO, has joined as Chief Financial Officer, APAC. Both will be based in Singapore,…
Telix Pharmaceuticals to acquire QSAM Biosciences and its bone cancer therapy
MELBOURNE, AUSTRALIA: Telix Pharmaceuticals Limited, an Australian company that develops radiopharmaceuticals for cancer diagnosis and treatment, has announced its intention to acquire QSAM Biosciences, Inc., a U.S. based clinical stage company that is developing a novel therapy for bone cancer. QSAM’s lead asset, CycloSam®, is a radioactive compound that selectively targets and kills cancer cells…