LONDON, UK: Aferian plc, the B2B video streaming solutions company, has acquired 100% of the issued share capital of Exabre Limited, trading as The Filter, a UK-headquartered AI-powered video recommendation service. The Filter generated a loss before tax of $0.5m for the year ended 31 December 2021 and had total assets of $1.0m as at…
Otovo launches battery offering in France and Poland
OSLO, NORWAY: Following the successful battery launches in Italy, Spain and Germany in 2021, and Sweden in February of this year, Otovo is now making home energy storage available to its customers in France and Poland. “It is becoming increasingly evident that batteries are a hugely important value driver both for our customers and for…
SysGroup Plc, acquires Edinburgh based Truststream Security Solutions
LONDON, UK: SysGroup plc (AIM:SYS) announced the acquisition of 100% of the issued share capital of Truststream Security Solutions Limited, a leading provider of managed cyber security services based in Edinburgh. The acquisition has been funded from the Group’s existing cash resources supported by a new revolving credit facility provided by Santander. SysGroup has agreed…
Digital 9 Wireless acquires Leeson Telecom for €60mn
LONDON, UK: Digital 9 Infrastructure announced that its wholly owned subsidiary, Digital 9 Wireless Limited, has completed the acquisition of Leeson Telecom Limited (Host Ireland), a leading enterprise broadband provider in Greater Dublin for a total consideration of approximately €60 million. Host Ireland owns and operates the highest capacity licensed microwave-based Fixed Wireless Access (FWA)…
Gulf Navigation signs support deal with a natural gas company
DUBAI, UAE: Gulf Navigation Holding (GulfNav), the only maritime and shipping company listed on the Dubai Financial Market, signed an agreement with one of the leading Natural Gas Companies in the Middle East. The 3-month agreement aims to provide complete logistic, transportation and marine services for one of the gas field projects located in Sharjah….
Wellington Airport announces Matt Clarke as new CEO
WELLINGTON, NEW ZEALAND: The Wellington Airport Board announced Matt Clarke will succeed Steve Sanderson as Wellington Airport’s Chief Executive Officer effective from 1 May 2022 with Mr Sanderson stepping down after 10 successful years in the role. Peter Coman, Wellington Airport’s Chair, said that with international borders reopening and stability returning to the aviation industry,…
CEO Electricity North West Limited, Peter Emery to retire
LONDON, UK: Chief Executive Officer of Electricity North West Limited, and director of ENW Finance plc, Peter Emery has announced his intention to retire, and the Board has already started the search for a new Chief Executive Officer. Pete has led the Company as Chief Executive Officer since 2016. His extensive background and industrial experience…
6 Advantages of Renovating Your Home With a Personal Loan
Giving your home a complete makeover can be an excellent idea. But one factor you will have to figure out is how you can finance it. You can consider getting a home improvement loan or a personal loan to complete the project. It’ll even be better and much easier if you have savings. Most homeowners…
Generix Group acquires 100% of Generix Group Portugal
PARIS, FRANCE: Generix Group, Industrial, Logistics and Retail Ecosystems provider with leading Collaborative SaaS Solutions, announced that it has acquired 100% of its subsidiary Generix Group Portugal. On March 31, 2022, Generix Group acquired the 50% stake in its subsidiary Generix Group Portugal that was previously held mainly by the founding manager, thus increasing the…
Zwipe is selected by National Bank of Iraq to pilot biometric payment cards
BAGHDAD, IRAQ: Zwipe and the National Bank of Iraq are pleased to confirm that they will pilot Biometric Payment Cards built on the Zwipe Pay platform, making it one of the first pilots of the next generation contactless payment cards in Iraq. The National Bank of Iraq (NBI) is one of the largest private banks…
How Can Service Outsourcing Help Businesses to Improve Their Everyday Logistics
Running a business isn’t easy, especially when you have too many employees hired. Sometimes business owners are forced to hire employees full-time that they don’t really need on a daily basis, such as HR, payroll, and IT support. Hiring employees in these departments can be a drain on one’s resources. Fortunately, there is a solution….
Pantheon Infrastructure makes investment in a US digital infrastructure company
LONDON, UK: Pantheon Infrastructure, the listed global infrastructure fund, has invested $30m (£23m at current exchange rates) in US wireless communication infrastructure operator Vertical Bridge, through a co-investment vehicle managed by DigitalBridge Group Inc. (NYSE:DBRG), a leading global digital infrastructure investor managing $45bn in digital infrastructure assets. Vertical Bridge is the largest private owner and…