NEW YORK: Zeta Global (NYSE: ZETA), the AI Marketing Cloud, has entered into a definitive agreement with Marigold to acquire Marigold’s enterprise software business, including Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, and Grow. This acquisition advances four key levers of Zeta’s strategy, including: Expanding scale of Zeta’s enterprise customer base: Marigold’s enterprise software business…
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AdTech firm GoWit launches unified commerce media platform in EMEA
DUBAI: GoWit, a global leader in omnichannel Retail Media, announced on Tuesday the launch of GoWit Commerce Media, a unified advertising platform designed to connect retailers, brands, and agencies across Europe, the Middle East and Africa (EMEA). The new platform aims to replace fragmented retail media solutions by consolidating demand and technology into a single…
Ambac Financial Group to acquire ArmadaCare from SiriusPoint for $250 million
NEW YORK: Ambac Financial Group Inc (AMBC.N) said on Tuesday it has agreed to acquire supplemental health insurance program manager ArmadaCare from SiriusPoint Ltd (SPNT.N) for $250 million in a move to diversify its distribution business. The acquisition will accelerate the growth of Ambac’s distribution platform and strengthen its presence in the specialty insurance market,…
Credo Technology acquires Hyperlume to advance MicroLED connectivity for AI infrastructure
SAN JOSE: Credo Technology Group Holding Ltd (NASDAQ: CRDO) said on Tuesday it has completed the acquisition of privately-held Hyperlume Inc., a developer of microLED-based optical interconnect technology, in a move aimed at strengthening its portfolio of high-speed, energy-efficient connectivity solutions for AI-driven data infrastructure. The deal marks a strategic expansion for Credo, which provides…
Saudi Arabia’s PIF, Silver Lake, Kushner’s Affinity to acquire Electronics Arts in record $55 billion deal
Video game giant Electronic Arts Inc agreed to be acquired by a consortium including Saudi Arabia’s Public Investment Fund, U.S. private equity firm Silver Lake, and Affinity Partners in a landmark $55 billion all-cash deal that would be the largest leveraged buyout in history. Under the terms of the deal announced on Monday, shareholders of…
Natascha Viljoen to become first female CEO of Newmont Corp. in January
DENVER: Newmont Corp. announced Monday that President and Chief Operating Officer Natascha Viljoen will succeed Tom Palmer as chief executive officer, effective Jan. 1. Palmer, who has led the world’s largest gold miner since 2019, will step down from the board and retire as CEO on Dec. 31, capping a 12-year tenure with the company…
Zoth acquires Neemo Finance to bolster stableFi platform with liquid restaking
SINGAPORE: Blockchain infrastructure firm Zoth said on Tuesday it acquired Neemo Finance, a liquid restaking protocol, in a strategic move to integrate yield-generating services into its growing “StableFi” operating system. The acquisition, the terms of which were not disclosed, aims to enhance Zoth’s suite of financial products by adding Neemo’s technology for liquid restaking and…
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 from…
Easy Mile Fitness acquires 17 Planet Fitness Clubs, expands reach in Pacific Northwest
PORTLAND: Easy Mile Fitness, a privately held Planet Fitness franchisee, has acquired 17 new locations from Bravo Fit Franchise Group, expanding its footprint across Oregon and Alaska. The acquisition includes 15 clubs in Oregon—spanning Portland, Bend, Medford and Yakima—and two in Anchorage, Alaska. With the deal, Easy Mile Fitness becomes the largest Planet Fitness operator…
Association Analytics acquired by Theatre and Trajectory Capital
ARLINGTON: Association Analytics (“A2”), a leading provider of data and analytical software for trade and professional associations, announced today the sale of its key assets to Theatre Capital and Trajectory Capital. The investment firms have partnered with the existing A2 management team, including CEO Alex DeBarr, to accelerate the growth of the company’s platforms. The…
Fiserv acquires Smith Consulting Group to strengthen advisory services for community financial institutions
BROOKFIELD: Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has acquired Smith Consulting Group (SCG), an operational consulting firm serving community banks and credit unions. The terms of the transaction were not disclosed. The acquisition, announced Tuesday, is intended to deepen the in-house expertise Fiserv can offer its clients….
Perseus, SODA.Auto forge alliance to develop AI-powered vehicle interface
LONDON: Perseus Motor Corporation, Europe’s first AI-native electric vehicle brand, announced a strategic alliance Tuesday with software-defined vehicle leader SODA.Auto to co-develop what they term the world’s most advanced artificial intelligence-powered Human-Machine Interface (HMI). The partnership aims to create a vehicle that learns and adapts to its driver’s habits and emotional state, moving beyond traditional…