Software development

  • NYCE International forms iGaming software venture Innovassion in joint deal

    LONDON: London-listed NYCE International PLC has entered a joint venture to launch a dedicated iGaming software development company, Innovassion Limited, the company said on Tuesday, marking its strategic push into proprietary technology. NYCE, a gaming marketplace and advisory firm, will hold a majority stake in Innovassion, which is being formed with developer Spandan Mahanta…

  • Postman acquires liblab

    SAN FRANCISCO – Postman, the world’s leading API collaboration platform, said on Saturday it has acquired liblab, a developer-focused startup that automates the generation and maintenance of Software Development Kits (SDKs), as part of its strategy to streamline the entire API lifecycle. The deal, terms of which were not disclosed, will integrate liblab’s “SDKs-as-a-service”…

  • Code generation tools startup, Cursor raises $2.3 billion at $29.3 billion valuation

    NEW YORK: Artificial intelligence startup Cursor said on Thursday it has raised $2.3 billion in a funding round that values the company at $29.3 billion, a near-tripling of its valuation since June, as investor appetite for AI coding tools remains strong. The funding round included major technology investors such as Accel, Thrive Capital, Andreessen…

  • Factory Inc. announces Droids’ AI development agents; Secures $50 million in Series B funding

    SAN FRANCISCO: Factory Inc. announced Tuesday the release of Droids, a new class of AI software development agents, following the product’s top ranking on the Terminal Bench, a standard industry benchmark. The company also announced it has raised $50 million in a Series B funding round led by NEA and Sequoia Capital, with participation…

  • Software development

    Software development is the process of creating software, which is a collection of instructions that tell a computer how to perform a task. Software development is a complex process that involves many different steps, including: Software development is a complex process that requires a variety of skills, including: Software development is a rapidly evolving…

  • Etteplan acquires Syncore Technologies to strengthen position in Sweden

    ESPOO, FINLAND: Etteplan Oyj has acquired Syncore Technologies AB, a technology services company focusing on embedded systems. This will strengthens Etteplan´s embedded systems project business in Sweden. The acquisition is in line with Etteplan’s growth strategy as it complements our expertise and increases our international presence. As part of the financing of the transaction,…

  • Gofore Plc acquires Devecto Oy for EUR 21mn

    HELSINKI, FINLAND: Gofore Plc has acquired the entire share capital of Devecto Oy, a company specialised in software development and testing of smart devices and machinery, and related testing systems. The purchase price amounts to EUR 21.0 million, consisting of the debt-free price of the business operations of EUR 20.0 million, and of compensation payable for…

  • JLT Mobile Computers forms software development subsidiary

    VÄXJÖ: JLT Mobile Computers announced the launch of JLT Software Solutions, a wholly owned subsidiary dedicated to software development, and the appointment of Andreas Nivard as General Manager of the new venture. Over the next few years, JLT aims to grow the complementary software business by recruiting a strong development team with solid software…

  • IQGeo signs $1.2 million in contracts to expand software deployment

    CAMBRIDGE: IQGeo Group plc announced two new contracts worth in excess of USD1.2 million with an existing customer, increasing the number of its licensed users and purchasing IQGeo’s field data capture product. The customer is a regulated electric and natural gas utility, based in the USA serving over 700,000 electric and natural gas customers,…

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