Spirit Technology acquires InfoTrust for $34.6M to boost cyber security business

SYDNEY, AUSTRALIA: Spirit Technology Solutions (ASX:ST1), a leading provider of secure digital transformation and modern work environments, has announced the acquisition of InfoTrust, a Sydney-based cyber security company, for $34.6 million. The deal, which is fully funded by a placement to a significant shareholder and an issue of Spirit shares, will scale Spirit’s cyber security…

Greenphire acquires Clincierge to offer comprehensive trial support services

Greenphire, a leading innovator in software solutions for streamlining clinical trials, has announced the acquisition of Clincierge, a premier provider of concierge travel and logistics support for patients participating in clinical trials. The deal aims to revolutionize the landscape of trial support services by integrating unparalleled patient care with cutting-edge technology. The acquisition will enhance…

Technology

Technology is a term that refers to the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased, to the change and manipulation of the human environment.  Technology can also mean the products resulting from such efforts, such as tools, machines, software, etc. Technology plays a critical role…

Restore Plc acquired Ultratec (Holdings) Limited

LONDON, UK: Restore Plc (AIM: RST), the UK’s leading provider of digital and information management and secure lifecycle services, has acquired 100% of the share capital of Ultratec (Holdings) Limited on 3rd May 2022. This investment represents a further milestone in the Group’s strategic development of Restore Technology. Ultratec is a highly regarded provider of…

Ericsson to acquire Vonage Holdings Corp. for $6.2 billion

HELSINKI, FINLAND: Ericsson (NASDAQ: ERIC) has entered into an agreement to acquire Vonage Holdings Corp. (NASDAQ: VG) for $21/share representing a total acquisition price of approximately $6.2 billion (Enterprise Value).   The merger agreement was approved unanimously by the Board of Vonage. The transaction builds upon Ericsson’s stated intent to expand globally in wireless enterprise, offering…

Microsaic Systems launches technology for scaling drug manufacturing

LONDON, UK: Microsaic Systems announced the immediate roll-out of its compact Mass Spectrometry (MS) technology integrated with autosampler and separation technology, wrapped in closed-loop (automated) control software, for use in the scale-up and operation of drug manufacturing. These monitoring solutions are targeted at contract research and manufacturing organisations (CRMO), integration partners and biopharmaceutical companies who…

Jack Bai appointed CEO of GSTechnologies Limited

LONDON, UK: GSTechnologies Limited, the fintech and information technology solutions company, announced the appointment of Mr Bai GuoJin (Jack Bai), an existing Executive Director, as the Company’s new Chief Executive Officer with immediate effect. Jack Bai, who joined the GST board in January 2021, has over 30 years’ experience in software development for the financial…

Bali Bidco reaches agreement to buy Blue Prism for £1.095 billion

LONDON, UK: Bali Bidco Limited, a company indirectly owned by the Vista Funds, has reached agreement to acquire entire issued and to be issued capital of Blue Prism for approximately £1.095 billion. Under the terms of the acquisition, each Blue Prism shareholder shall be entitled to receive 1,125 pence in cash for each Blue Prism Share.…

DC BLOX developing a Tier III data center in High Point, North Carolina

ATLANTA: DC BLOX has acquired land in High Point, North Carolina with plans to construct the first highly secure, Tier III data center in the Carolina Core/Piedmont Triad region which includes High Point, Greensboro, and Winston-Salem, a news release said. DC BLOX is a provider of interconnected multi-tenant data centers that deliver the infrastructure and…