LONDON: Hunting PLC (LSE: HTG), a precision engineering company, announced Friday that it has acquired the Organic Oil Recovery (OOR) technology from its founding shareholders for $17.5 million. The deal includes the entire portfolio of intellectual property—comprising over 25 patents—the distribution rights, and a California-based laboratory. The acquisition positions Hunting as the global rights holder…
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Embracing the Digital Revolution: The Transformative Impact on the Sports Industry
The sports industry stands at the forefront of a significant paradigm shift, driven by the relentless march of digital technology and its integration into every facet of business. This phenomenon, known as digital transformation, is not merely a trend but a fundamental change that is reshaping the landscape of various economic sectors, including sports. The…
Accenture acquires Udacity to boost its technology learning and training services
Accenture, a global professional services company, has agreed to acquire Udacity, a digital education pioneer that offers proprietary technology courses online. The terms of the deal were not disclosed. Udacity’s team of more than 230 professionals will join Accenture LearnVantage, a new service that helps Accenture’s clients reskill and upskill their people in technology, data…
Klimat X becomes Carbon Done Right, partners with AI platform to boost carbon credits
LONDON: Klimat X Developments Inc. (TSXV: KLX), a carbon project developer, has announced a name change to Carbon Done Right and a partnership with a tech-enabled platform that will enhance its carbon credit generation and distribution. The company, which operates in West Africa, will use the Carbon Quantification System (CQS™) developed by its partner, also…
Tribe Tech and Veracio join forces to develop innovative mining technology
Tribe Technology PLC, a leading developer and manufacturer of autonomous mining equipment, has announced a joint development agreement with Veracio Australia Pty Ltd, a subsidiary of Boart Longyear and a global leader in core and chip sample scanning. The agreement will see the two companies collaborate on a new system for blast hole chip sampling,…
How to Bridge the Generational Gap in Tech Adoption
Technology is a powerful tool that can enhance the work of any employee, regardless of their age. However, some workers may face more challenges than others when it comes to adopting new software and devices. How can businesses foster a culture of inclusive tech adoption that respects the preferences and needs of all generations? The…
A3Logics acquires KeyStride Digital to boost its technology solutions
A3Logics, a Product engineering and software technology consulting company, has announced its acquisition of KeyStride Digital, a Bangalore-based company known for its cutting-edge expertise in Enterprise Software Development and Deep Tech. The deal is expected to enhance A3Logics’ technological capabilities and expand its service offerings across various sectors. KeyStride Digital has been providing innovative solutions…
Durlston Partners expands global presence with the opening of Dubai office
DUBAI, United Arab Emirates: Durlston Partners, a leading talent advisory firm specialising in technology, quantitative finance, and data science, is excited to announce the official opening of its Dubai office, marking a significant step in the company’s global expansion. The firm is headquartered in London, with a first international office opening in New York in…
GeologicAI acquires Resource Modeling Solutions
GeologicAI, a leading innovator in mining technology, has announced the acquisition of Resource Modeling Solutions (RMS), a pioneer in advanced geostatistical modeling of subsurface deposits. This strategic move will enhance GeologicAI’s growth and innovation in the mining sector. RMS brings a wealth of cutting-edge technology and a team of talented professionals that align with GeologicAI’s…
HighCom CEO resigns, Executive Chairman takes charge
SYDNEY, AUSTRALIA: HighCom Limited (ASX:HCL), a leading provider of armour and technology solutions, announced today that Mr. Scott Basham has stepped down as Group CEO, effective immediately. The Board thanked Mr. Basham for his role in transforming the business since 2021, according to company news. The Company’s operations will be led by the divisional heads:…
Transflo Hits $100 Million in Revenue, Leads Transportation Technology Innovation
Transflo, a leading technology innovator in the transportation sector, has achieved a remarkable feat by surpassing $100 million in annual revenue. The company attributes this success to its customer focus, product innovation, AI/ML leadership, organic growth, and strategic merger with Assured Telematics Inc. (ATI). Renee Krug, CEO of Transflo, said, “Surpassing $100 million in revenue…
dlivrd and Incentivio partner to offer a seamless catering delivery solution for restaurants
dlivrd and Incentivio have joined forces to offer a comprehensive catering delivery solution for restaurant brands. The partnership integrates dlivrd’s last-mile delivery capabilities with Incentivio’s digital guest engagement tools, enabling restaurants to leverage their own guest data and increase the lifetime value of their guests. The solution allows guests to place catering orders through the…