Rio Tinto signs deal to acquire Arcadium Lithium for $6.7 billion
LONDON: Rio Tinto and Arcadium Lithium plc (NYSE: ALTM) announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for...
New Adobe app to help creators protect their work from AI use
Adobe announced on Tuesday that it will launch a free web-based app next year to help creators of images and videos receive credit for their...
Fintech company Facet raises $35 million in a round led by Multiplier Capital
BALTIMORE: Facet, the fintech company that is building the future of financial planning, has raised an additional $35 million in new financing. The round was led...
CrashPlan has acquired Parablu Inc.
MINNEAPOLIS: CrashPlan has acquired Parablu Inc. a leading provider of data security and resiliency solutions known for its market-leading offerings protecting Microsoft 365 data. The acquisition positions...
Saudi Arabia’s PIF reduces stake in Nintendo
Saudi Arabia’s Public Investment Fund (PIF) has reduced its stake in Nintendo Co. from 8.58% to 7.54%, according to a Japanese regulatory filing. This decision...
Former Humane executives launch AI fact-checking startup, Infactory
Two former executives of Humane, the AI hardware startup, have launched a new artificial intelligence software venture called Infactory, which has successfully raised $4 million...
Cykel AI appoints Ewan Collinge as CEO
LONDON: Cykel AI Plc (LSE:CYK) announced that Ewan Collinge, co-founder of the Company, has been appointed as Executive Director and Chief Executive Officer. The appointment...
Brooks Macdonald to acquire LIFT Financial Group and LIFT Invest
LONDON: Brooks Macdonald Group will acquire 100% of the issued share capital of each of LIFT – ‘LIFT-Financial Group Ltd and LIFT-Invest’ for an initial consideration of...
QAD Inc. has acquired Phenix Software
SANTA BARBARA: QAD Inc., a prominent provider of cloud-based manufacturing and supply chain solutions, has acquired Phenix Software Inc. This acquisition aims to enhance manufacturers’...
Butterfly Equity to acquire luxury wine company The Duckhorn Portfolio for $1.95 billion
LOS ANGELES: Butterfly Equity, a Los Angeles-based private equity firm specializing in the food and beverage sector, has entered into a definitive agreement to acquire...
Mason Capital to acquire CB&I storage solutions business from McDermott International
NEW YORK: A consortium led by Mason Capital Management LLC in partnership with IES Holdings Inc. (Nasdaq: IESC), and other investors, has entered into a...
Sosandar plc to open fourth store in Cardiff’s St David’s centre
LONDON: Sosandar plc (AIM: SOS), the women’s fashion brand, creating quality, trend-led products for women of all ages, has signed a lease agreement for its...