SYDNEY: Dynamic Group Holdings Limited (ASX: DDB), a water services company, has announced the acquisition of Airwell Flow Testing, a division of Airwell Group Pty Ltd, for A$2 million. The deal is expected to be completed in February 2024, with…
SYDNEY: Peter Warren Automotive Holdings announced the planned acquisition of a multi-franchised dealership group in Macarthur, New South Wales from entities associated with Mr Greg Oakman. The businesses to be acquired are Macarthur Mazda, Macarthur MG, Macarthur Nissan and Macarthur…
MLC CAD Systems, a leader in design and manufacturing solutions, has acquired Equivaq Software, a provider of PDM add-ons and consulting services. “This strategic move is a significant step forward in our commitment to expanding our services and enriching our…
Emplifi, a leading customer engagement platform, today announced Ohad Hecht as its new CEO. Hecht, a former co-founder and CEO of Prodport and Emarsys, will focus on cultivating a winning culture, embracing a customer-centric strategy, and continuing to build a…
Synopsys, a leading provider of software for chip design, announced on Tuesday that it has agreed to acquire Ansys, a maker of simulation software for various industries, in a cash-and-stock deal valued at $35 billion. According to Reuters, the deal,…
After nearly 100 years of running Nigerian onshore oil and gas, Shell has decided to sell its subsidiary there for up to $2.4 billion to a group of five companies, mostly based in Nigeria. The buyer is the Renaissance consortium,…
PARIS: Bleu, a joint venture of Capgemini, Orange and Microsoft, is ready to offer its “cloud de confiance” services to French public and private organizations, starting from the end of 2024. Bleu aims to meet the specific cloud needs of…
Horizon Group Holdings, a leading provider of residential plumbing, electrical, heating and air conditioning services, has appointed Ken Porpora as its new Chief Executive Officer. Ken Porpora has over 25 years of experience in the home services industry, having held…
Atalaya Capital Management LP, a leading alternative investment management firm, announced today that Jeff Fields has joined as President of Atalaya Leasing, its equipment backed investment strategy. Jeff Fields, former CEO of Chesswood Capital Management and a veteran of RBC…
Moda Midstream and its financial sponsor EnCap Flatrock Midstream completed the previously announced sale of Moda’s 50 percent interest in the Vopak Moda Houston terminal joint venture to Madrid-based Exolum, a leading European logistics company for liquid products, with operations…
A new report from the International Monetary Fund (IMF) says that artificial intelligence (AI) will have a profound impact on the global economy and the future of work, bringing both opportunities and challenges. The report, titled Gen-AI, estimates that 40…
LONDON: EQTEC plc, a global technology company that converts waste into hydrogen, biofuels and energy, has formed a joint venture with CompactGTL, a gas-to-liquids specialist, to develop a new solution for producing liquid fuels from waste. The joint venture, owned…