LONDON – Mitie Group plc announced the acquisition of Forest Group Holdings (“Forest”), a specialist engineering business delivering critical refrigeration maintenance services, for a maximum cash consideration of £7m (comprising an initial payment of £4.5m and deferred payments of up…
OSLO – Nordic cryptocurrency platform Norwegian Block Exchange AS (NBX) said on Thursday it has agreed to buy a 50% stake in The Flip Company AS, a move that merges its regulated custodial services with a popular non-custodial wallet. The acquisition…
LONDON/PARIS – The operator of the Channel Tunnel, Eurotunnel, said on Tuesday it faces a near 200% increase in its business rates bill from British authorities, a move it called “confiscatory” and a threat to its investment capacity in the UK….
WASHINGTON – U.S. artificial intelligence startup Luma AI said it has raised $900 million in a Series C funding round led by HUMAIN, a Saudi Arabian AI company owned by the Public Investment Fund (PIF), to develop advanced multimodal AI systems….
CHICAGO – Motorola Solutions (NYSE: MSI) today announced it has acquired Blue Eye, a leading provider of AI-powered enterprise remote video monitoring (RVM) services, based in Salt Lake City, Utah, a press release noted. Blue Eye provides a comprehensive RVM…
NEW YORK – Marquee Brands, a global brand management company, has acquired Stance, the lifestyle and performance sock brand, the companies announced on Tuesday. The deal marks Marquee’s strategic entry into the everyday essentials market. As part of the acquisition, Marquee…
PLANO – Tyler Technologies, Inc. (NYSE: TYL) has acquired CloudGavel, a leading provider of electronic warrant solutions, a statement said. This acquisition complements and augments Tyler’s existing solutions, strengthening Tyler’s position as a leader in the courts and justice and public…
SAN JOSE – Adobe Inc. said on Wednesday it has agreed to acquire search engine marketing platform Semrush Holdings Inc. for $1.9 billion in cash, a move aimed at bolstering its marketing tools for clients navigating the artificial intelligence era. The…
LONDON: Lloyds Banking Group is today announced the acquisition of Curve, a London based fintech operating an innovative digital wallet platform. The acquisition of Curve is a strategic move to broaden and accelerate Lloyds Banking Group’s digital transformation. Curve operates…
SYDNEY – Electro Optic Systems Holdings Ltd (ASX:EOS) said on Wednesday it will acquire the interceptor drone business of Britain’s MARSS Group for an initial investment of €5.5 million (A$10 million), expanding its counter-drone portfolio. The deal brings into EOS’…
RESTON – TekSynap Corporation, a provider of IT solutions to U.S. national security agencies, said on Wednesday it has acquired JBA, Inc., a technology engineering firm with a 20-year history of supporting the Federal Bureau of Investigation (FBI). The deal enhances…
MELBOURNE – Helloworld Travel Ltd (ASX:HLO) said on Wednesday it has submitted a non-binding indicative proposal to acquire Webjet Group Ltd (ASX:WJL) for A$0.90 per share in cash, valuing the online travel agency at a significant premium to its recent…