LONDON, UK: Mode Global Holdings, the LSE-listed Fintech Group announced that Ryan Moore has resigned his position as CEO and director of Mode, with effect from close of business on 18 January 2022. Jonathan Rowland will take over Ryan’s day-to-day…
LONDON, UK: Smith+Nephew, the global medical technology business, announced the acquisition of Engage Surgical, owner of the only cementless unicompartmental (partial) knee system commercially available in the US. This acquisition strongly supports Smith+Nephew’s strategy for growth by transforming its business…
LONDON, UK: Boku Inc., a leading provider of mobile payment solutions, has reached agreement for the divestment of its wholly-owned subsidiary Boku Identity Inc. to Twilio Inc. for a maximum transaction value of $32.3 million, payable in cash. Boku Identity…
SYDNEY, AUSTRALIA: TEK-Ocean Group has appointed Alex Biro as Managing Director and Chief Executive Officer of the Company effective 19 January 2022. Alex Biro was a non-executive director and one of the original founders of the company. Alex has been…
SEATTLE: Microsoft has agreed to buy video game company Activision Blizzard in a $70 billion. Activision makes some of the most popular titles, including Call of Duty and Candy Crush. Phil Spencer, the chief executive of Microsoft’s gaming business, said…
PARIS, FRANCE: Vivendi will acquire 8.5% stake in the digital communication group Progressif Media from ZeWatchers. Progressif Media specializes among other things, in the design and execution of social network campaigns. ZeWatchers will own 30%, and the three founders, Emile…
OSLO, NORWAY: Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51 percent share of Digital Money Myanmar Limited (Wave Money) for USD 53 million (around NOK 470) to Yoma MFS Holdings Pte. Ltd, a…
LONDON, UK: QinetiQ Group has named Shawn Purvis as President and CEO of QinetiQ US, effective 16 February 2022. Shawn is currently a member of the Executive Leadership Team and Corporate Vice President at Northrop Grumman Corporation. Shawn leads Northrop…
LONDON, UK: Vela Technologies has invested £750,000 in EnSilica Limited, a leading fabless semiconductor design business focused on custom mixed signal Application Specific Integrated Circuits (ASICs), in the form of convertible loan notes, as part of a pre-IPO funding round…
MANAMA, BAHRAIN: GFH Financial Group announced the spinning out of its infrastructure and real estate assets under the newly established “Infracorp” capitalized with more than US$1 billion in infrastructure and developed assets into the Company, which will specialise in investments…
LONDON, UK: Hikma Pharmaceuticals, the multinational pharmaceutical company, has agreed to acquire the Canadian assets of Teligent Inc. for $45.75 million. The transaction is expected to be completed before the end of the first quarter of 2022. The acquisition marks…
LONDON, UK: Tavistock Investments Plc has entered into an agreement to acquire the entire issued share capital of Morgan Financial Group Holdings Limited, an independent financial advisory group with offices in Bath and Cheltenham. Tavistock has agreed to acquire Morgans…