OSLO, NORWAY: The Board of Gaming Innovation Group (GiG) has decided to initiate a strategic review with the intention to distribute its subsidiary Innovation Labs Ltd to GiG’s shareholders. Such distribution would result in a split of current Gaming Innovation Group into two main business segments: The purpose of the split is to sharpen the…
Anglo American announces senior leadership change
LONDON, UK: Anglo American announces that Natascha Viljoen, CEO of its 79% owned subsidiary Anglo American Platinum Limited, has decided to take up her next career opportunity outside the Anglo American group. Natascha has been CEO of Anglo American’s PGMs business since April 2020 and will join Newmont Corporation, the US-based mining company, as its…
CAP-XX launches 3V product targeting coin cell battery and IoT markets
LONDON, UK: CAP-XX Limited, a world leader in the design and manufacture of supercapacitors and energy management systems, announced the launch of its DMV750 ultra-thin 2.2mm prismatic 3V supercapacitor to provide high performance for IoT, medical and other space-constrained and mission-critical electronic devices. The 3V prismatic supercapacitor can complement 3V coin cell primary batteries, replace…
ADNOC Distribution completes acquisition of 50% stake in TotalEnergies Marketing Egypt
ABU DHABI, UAE: ADNOC Distribution has completed its acquisition from TotalEnergies Marketing Afrique SAS of a 50% stake in TotalEnergies Marketing Egypt LLC. The closing of this landmark transaction, which was first announced in July 2022, marks the official entry of the UAE’s largest fuel and retail distributor into the Egyptian market. The acquisition is…
e& acquires ServiceMarket, an online marketplace for household services
ABU DHABI, UAE: On the 14th of February 2023, Emirates Telecommunications Group Company (e&), has completed the acquisition of Service Souk DMCC “ServiceMarket”, buying 100% of shareholding of the online marketplace. This acquisition is in line with the Group’s strategy to empower consumers, strengthen Smiles online marketplace presence and drive diversification of our business. ServiceMarket…
Halo Technologies signs agreement to acquire Resilient Fund Managers Limited
SYDNEY, AUSTRALIA: Halo Technologies has entered into an agreement to acquire 100% of Resilient Fund Managers Limited, a regulated financial services company based in the UK. Established in 2006, Resilient Fund Managers is licensed to deal in a range of financial products and services including managed investments and securities. The acquisition marks HALO’s entry into…
Stelar Metals signs agreement to acquire Lithium Project in NSW
SYDNEY, AUSTRALIA: Stelar Metals Limited (ASX:SLB) has entered into a binding agreement with Everest Metals Corporation Limited (ASX:EMC) to acquire 90% equity of their New South Wales exploration licences which includes the Trident, Midas and Perseus Projects (NSW Projects or Projects) located in the Broken Hill Block. These Projects are considered prospective for lithium, cobalt…
Redis as Cache: How it Works and Why to Use it?
Redis works by storing data in memory, rather than on disk, which allows for faster access to data. Redis supports many data structures such as strings, hashes, lists, sets, and more. It also provides features like persistence, replication, and Lua scripting. Redis is commonly used as a cache because it can significantly improve the performance…
Selva Malvezzi signs gas sales agreement with BP Gas Marketing
LONDON, UK: Prospex Energy (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, announced that the operator of the Selva Malvezzi production concession in which Prospex has a 37% working interest, has signed a gas sales agreement (“GSA”) with BP Gas Marketing Limited (“BPGM”), an indirect, wholly owned subsidiary of…
The MISSION Group has acquired Mezzo Labs, a data science and digital consultancy
LONDON, UK: The MISSION Group plc announced the acquisition of Mezzo Labs, a global data science and digital analytics consultancy. The MISSION Group is the creator of Work That Counts, comprising a group of digital marketing and communications Agencies delivering real, sustainable growth for its Clients, is pleased to Mezzo Labs is a leading provider…
Liberty Global acquires 4.92% shares in Vodafone Group for £225 million
DENVER, COLORADO: Liberty Global plc has acquired 1.335 million shares in Vodafone Group representing 4.92% of the outstanding share capital. The transaction was principally funded through an attractive non-recourse financing, requiring equity funding from Liberty Global of approximately £225 million. Mike Fries, CEO of Liberty Global, commented, “We believe, like many others, that Vodafone’s current…
Accenture has acquired Morphus, a Brazil-based cybersecurity company
NEW YORK: Accenture (NYSE: ACN) has acquired Morphus, a privately held Brazil-based cyber defense, risk management and cyber threat intelligence services provider, expanding its practice capabilities in Brazil and Latin America. Financial terms were not disclosed. Founded in 2003, Morphus is headquartered in Fortaleza, which is in the Ceará region in northeastern Brazil, with offices…