SYDNEY, AUSTRALIA: Australian semiconductor developer BluGlass Limited (ASX: BLG) has reached agreement to acquire a commercial Silicon Valley laser diode production facility lease and manufacturing equipment (the Fab) for US$2.5 million. The acquisition will fast-track BluGlass’ growth strategy, significantly increasing its laser diode manufacturing capacity and bringing forward higher-value product development timelines. To fund the…
Janus Henderson appoints Ali Dibadj as next Chief Executive Officer
SYDNEY, AUSTRALIA: Janus Henderson Group plc (ASX: JHG) has appointed Ali Dibadj as Chief Executive Officer (CEO) of the company effective no later than 27 June 2022. Ali Dibadj succeeds Dick Weil, who, as previously announced, will retire as CEO and a member of the Board as of 31 March 2022. Effective 1 April 2022,…
4 Easy Ways to Stay Off Your Phone While Studying
In today’s generation, one thing that has been affecting the concentration of the students is the phone. In post covid time the usage of phones has dramatically increased. This has been a constant concern of the parents about why their kids are not keeping their phones aside at the time of studying. The phone has…
Why Businesses Should Consider Investing in Franchise to Stay Relevant
In order to stay relevant in today’s competitive market, businesses need to be constantly growing and expanding. One great way to do this is by investing in a franchise. Franchises are businesses that are owned and operated by individual entrepreneurs but are supported by a larger organization. This gives business owners the benefits of both…
Aker collaborates with Microsoft for scaling of the carbon capture value chain
OSLO, NORWAY: Aker Carbon Capture has signed a Memorandum of Understanding (MoU) with Microsoft to pursue joint innovation and explore opportunities to offer services in the Carbon Capture, Utilization and Storage (CCUS) market. Aker Carbon Capture and Microsoft will demonstrate the full value chain of carbon reduction and removal utilizing Aker Carbon Capture’s proprietary CCUS…
Electric air taxi infrastructure provider, Skyports raises $23mn Series B funding
LONDON, UK: Skyports, the electric air taxi infrastructure and drone services provider, has raised USD 23 million in the first close of its Series B funding round. The capital, from a combination of new and existing investors, will enable Skyports to consolidate its position as a global leader in the advanced air mobility infrastructure and…
Boskalis consortium wins Hollandse Kust West Beta export cabling contract
AMSTERDAM: Royal Boskalis Westminster N.V., a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors, has been awarded the Hollandse Kust West Beta export cable contract by TenneT, in consortium with Orient Cables (NBO). The contract scope comprises the installation of two 65-kilometer-long export cables that will connect the planned…
Majorel Group included in the FTSE Global Small Cap Index
LUXEMBOURG: Majorel Group Luxembourg S.A., a leading global provider of next-generation end-to-end customer experience (CX) solutions for digital-native and vertical leading brands, has been included in the FTSE Global Small Cap Index (GEISSC), the small cap segment within the FTSE Global Equity Index universe. Following FTSE’s semi-annual index review, it announced on February 23, 2022…
Capital Intelligence reaffirms QIB’s long term rating at A+ with stable outlook
DOHA, QATAR: Qatar Islamic Bank (QIB) has reconfirmed its ongoing positive rating with Capital Intelligence (CI) Ratings today announcing the Bank’s Long-Term and Short-Term Ratings of ‘A+’, and ‘A1’ respectively, with a stable outlook. Capital Intelligence’s Credit Rating Report reaffirmed QIB’s strong franchise and market position, with 49% of total assets of listed Islamic banks…
RWS Holdings acquires Liones Holding for €20 million
LONDON, UK: RWS Holdings plc, a unique world-leading provider of technology-enabled language, content and intellectual property services, has acquired Liones Holding B.V. for €17.5 million (on a cash-and-debt free basis) with additional payments of €2.5 million due on each of the first and second anniversaries of completion. The flagship product of Liones is Fonto, the…
TPXimpact Holdings acquires Peak Indicators Ltd and Swirrl IT Ltd
LONDON, UK: TPXimpact Holdings Plc (AIM: TPX), the technology-enabled services company focused on digital transformation, announced the conditional acquisition of the entire issued share capital of both Peak Indicators Ltd and Swirrl IT Ltd. The acquisitions are strategically important to TPX, significantly expanding the Group’s capabilities in artificial intelligence (AI), data science and analytics. Together…
Aker Horizons sells all stake in REC Silicon to Hanwha for NOK 1.4bn
OSLO, NORWAY: Aker Horizons ASA‘s wholly owned subsidiary Aker Horizons Holding has today entered into an agreement with South Korea’s Hanwha Solutions Corporation and Hanwha Corporation to sell all of Aker Horizons’ shares in REC Silicon ASA. Aker Horizons will sell 70.104 million shares in REC Silicon at a purchase price of NOK 20 per…