Bigtincan Holdings Limited (ASX: BTH) has announced its agreement with Investcorp AI Acquisition Corp. (IAAC) to list Bigtincan’s business on the Nasdaq. This transaction involves forming a new company, Bigtincan Limited, based in the Cayman Islands. Key Details of the Deal Strategic Comments Harsh Shethia, a veteran at Investcorp, stated that this transaction not only benefits Bigtincan’s shareholders but also its customers, employees, and partners. It positions Bigtincan as a leader in AI-powered sales enablement, showcasing Australia’s strengths in AI innovation. Transaction Mechanics The agreement involves merging IAAC with BTH Merger Sub Limited, a wholly-owned subsidiary of Bigtincan Limited, with the latter continuing as the surviving company. Bigtincan shareholders will exchange their shares for those in Bigtincan Limited or opt for cash if available. Company Overview Bigtincan is a global leader in sales enablement and engagement, offering tools for Sales Content Management, Sales Readiness, and Sales Engagement. The company operates in over 50 countries and services more than 100 Fortune 500 companies. Investcorp, a global investment manager, specializes in private equity, real assets, and credit. With a presence in 14 offices globally and around $53 billion in assets under management, Investcorp plans to integrate Bigtincan into its AI investment strategy, enhancing its global footprint. This transaction, if completed, will mark a significant milestone for Bigtincan, positioning it for substantial growth and innovation in the AI and enterprise software space. Bigtincan acquires revenue intelligence and data platform provider, SalesDirector.ai
Samsung Galaxy S25 Rumors: What to Expect
It feels like we just welcomed the Galaxy S24 lineup, yet here we are, already speculating about the Samsung Galaxy S25. With the potential release window in early 2025, excitement is building as rumors and leaks start trickling in. Likely Release Date and Pricing Over the past four years, Samsung has released its Galaxy S…
Three Biometric Data Points Instagram Collects Without User Awareness
In the digital age, our online presence has become an extension of our physical selves. Social media platforms, particularly Instagram, have come a long way from being simple photo-sharing apps. They are now complex ecosystems that capture and analyze our every interaction. While we willingly share snippets of our lives, the depth of data collection…
Keywords Studios has acquired US-based game developer, Certain Affinity Inc
LONDON: Keywords Studios, the international provider of creative and technology-enabled solutions to the global video games and entertainment industries, has entered into an agreement to acquire Certain Affinity, Inc., a leading US-based game development studio. Certain Affinity was founded in 2006, focused primarily on providing high-end co-development services on AAA multiplayer titles. It has established…
Swoop Holdings intends to take over Vonex Limited
SYDNEY: Swoop Holdings (ASX:SWP) has announce its intention to make an off-market takeover offer to acquire all of the ordinary shares of Vonex Limited (ASX:VN8)that it does not currently own. Swoop is offering 1 fully paid Swoop ordinary share for every 4.2 Vonex Shares. The implied offer price is 5 cents per Vonex share. Swoop…
Lycopodium Limited to acquire SAXUM, an Argentinian headquartered engineering company
PERTH: Lycopodium Limited has entered into a Heads of Agreement to acquire a majority interest in SAXUM, an Argentinian headquartered engineering company. Under the terms of the agreement, Lycopodium will acquire a 60% shareholding in SAXUM with options over the remaining share capital in subsequent years. SAXUM is a multi-disciplinary engineering and project management services…
Dignity, end-of-life service provider in UK, is acquiring Farewill Limited for £12.9 million
LONDON: Dignity, the leading end-of-life service provider in the UK, is acquiring Farewill Limited, an award-winning leader in digital end-of-life services. This transaction has important strategic benefits for both companies, allowing them to combine their strengths and continue to serve their distinct customer bases, collectively reinforcing Dignity’s position as the UK’s largest and most comprehensive…
Adriatic Metals appoints Laura Tyler as MD and CEO
LONDON: Adriatic Metals announced the appointment of Laura Tyler as Managing Director and Chief Executive Officer. Laura Tyler joined the Adriatic Board as a Non-Executive Director on 1 July 2024 and was appointed Interim CEO on 9 August 2024. The appointment follows an extensive CEO search by the Board as the Company transitions to a…
FRP Advisory Group has acquired Globalview Advisors for £5.5 million
LONDON: FRP Advisory Group, a specialist business advisory firm, has acquired Globalview Advisors Limited for a total consideration of £5.5 million. As part of the overall transaction, Globalview’s Managing Director, Sarpel Ustunel, has entered into a subscription agreement to reinvest £2.2 million of the proceeds into new ordinary shares which will be issued by FRP. Based…
Joshua Alliance agrees to take over N Brown Group in a £191 million deal
LONDON: Falcon 24 Topco Limited, a newly formed company owned and controlled by Joshua Alliance, reached agreement to acquire the entire issued and to be issued share capital of N Brown, other than the N Brown shares already owned or controlled by Joshua Alliance. Joshua Alliance owns 30,943,800 N Brown shares, representing approximately 6.6% of share…
Australia appoints VFS Global to deploy biometric collection for Sub-Saharan Africa
Government of Australia has appointed VFS Global to provide biometric collection services for Sub-Saharan Africa. VFS Global is the world’s leading outsourcing and technology service specialist for governments and diplomatic missions. This is in addition to the seven regions awarded in August 2023 to provide biometric collection services –the Americas, Mekong, Middle East and North…
Microsoft unveils three new Xbox consoles with enhanced features
Microsoft has recently launched three new Xbox consoles, each bringing unique features and improvements to the gaming experience. The lineup includes the special edition 2 TB Xbox Series X, the disk-less white 1 TB Xbox Series X, and the 1 TB Xbox Series S. While these consoles may look similar to their predecessors on the…