Bain Capital agrees to buy PowerSchool Holdings in $5.6 billion deal
PowerSchool Holdings, Inc. (NYSE: PWSC), a premier provider of cloud-based software for K-12 education, has announced that it has entered into a definitive agreement to...
BlockDAG Network raises $42 million, revolutionizes crypto with DAG technology
BlockDAG Network has emerged as a trailblazing project, securing over $42 million in pre-seed funding and capturing the attention of the global crypto community. Since...
Ardena announces CEO transition: Jeremie Trochu takes the helm
GHENT, BELGIUM: Ardena, a prominent Contract Development and Manufacturing Organization (CDMO), has announced a significant leadership change. **Dr. Harry Christiaens** is retiring after two decades...
Indico Data raises $19M with Guidewire to deliver cutting-edge AI technology
BOSTON: Indico Data, the industry’s leading solution for the automating of critical intake workflows across the policy lifecycle, announced completion of a successful funding round...
TransDigm completes $1.385 billion acquisition of Electron Device Business
CLEVELAND: TransDigm Group Incorporated (NYSE: TDG) has completed its acquisition of the Electron Device Business of Communications & Power Industries (CPI), a portfolio company of...
Dolby Laboratories agrees to acquire GE Licensing for $429 million
SAN FRANCISCO: Dolby Laboratories Inc. (NYSE: DLB) has entered into a definitive agreement to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio...
Elevate raises $5 million to offer US based $ accounts in Pakistan
KARACHI: Elevate, a fintech, based in London and Dubai, has secured financing of $5 million to expand further into South Asia. They’ve raised a total...
Invinity Energy Systems expands UK manufacturing to 500 MWh per year
LONDON: Invinity Energy Systems plc (AIM: IES), a leading global manufacturer of utility-grade energy storage, has leased an additional manufacturing facility in order to meet...
OPEC+ Extends Oil Output Cuts Amid Market Challenges
On Sunday, OPEC+ made the decision to extend most of its deep oil output cuts well into 2025, surpassing market expectations. The group aims to...
Adcendo ApS raises €98M in Series A extension financing
COPENHAGEN, DENMARK: Biotech company Adcendo ApS has successfully completed a second Series A extension financing, securing a total of 98 million EUR. The additional 16...
AXON Aviation Group transfers business aircraft division to Jetcraft
LONDON: AXON Aviation Group (AXON) has selected Jetcraft to take on its business jet activity as it seeks to streamline its service offering. The company...
Caitlyn Carr becomes President and CEO of Coca-Cola Bottlers’ Sales & Services
ATLANTA: Coca-Cola Bottlers’ Sales & Services Company (CCBSS) announced the election of Caitlyn Carr as its new President and CEO, effective June 3, 2024. The...