SAN FRANCISCO: UserTesting Inc. (NYSE: USER) has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, and Sunstone Partners for $7.50 per share, in an all-cash transaction valued at approximately $1.3 billion. The offer represents a premium of approximately 94% over UserTesting’s closing stock price on October 26,…
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SatixFy Communications combines business with Endurance Acquisition Corp.
NEW YORK: SatixFy Communications has completed its previously-announced business combination with Endurance Acquisition Corp. following the approval of the business combination by Endurance’s stockholders on October 25, 2022 and satisfaction of customary closing conditions. SatixFy develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops…
Glassnode acquired crypto tax and portfolio tracking platform Accointing.com
BAAR, SWITZERLAND: Glassnode, the global leader in on-chain and market data intelligence, has acquired the popular crypto tax and portfolio tracking platform Accointing.com. This acquisition combines the services provided by both companies bringing users more value than ever before. Glassnode provides digital asset traders and investors with a comprehensive market intelligence suite, encompassing cutting-edge metrics…
Safanad and Global School Management announce $200mn investment in MENA’s education sector
NEW YORK: Safanad and Global School Management (GSM), an international education platform, announced initial planned investment of $200 million in MENA’s education sector. A commitment is also made to invest significantly beyond this to acquire, manage and develop multiple charter, online, early learning, and K-12 private schools independently and in partnership with regional governments. Global…
Dalrada Financial Corporation has acquired Bothof Brothers Construction
SAN DIEGO: Dalrada Financial Corporation, an innovator in clean energy technology and services, recently acquired Bothof Brothers Construction, a leader in high-end construction, on October 7, 2022. The acquisition adds significant value to Dalrada’s fast-growing Energy Services division by providing more energy-efficient building capabilities. “We’re excited to launch our Commercial Construction Services division with this…
Elektros plans to expand its luxury electric vehicle rental fleet
SUNNY ISLES BEACH: Elektros, an emerging leader in the electric mobility industry, announced plans to expand its luxury electric vehicle (EV) car rental fleet. After receiving its initial Tesla vehicles, Elektros will look to expand its luxury EV car rental fleet to include such brands as Lucid Air, BMW i4, Porsche Taycan GTS, Rivian R1S,…
CI&T signs agreement to acquires NTERSOL Consulting
NEW YORK: CI&T (NYSE: CINT), a global digital specialist, announced the execution of a sale and purchase agreement to acquire NTERSOL Consulting LLC, a U.S. based digital transformation provider, to expand its financial services expertise in North America. Headquartered in Irvine, CA, NTERSOL is a strategy and solutions firm providing digital transformation services to leading…
LeddarTech recognized among Canada’s Top Growing Companies for 2022
QUEBEC, CANADA: LeddarTech announced its recognition among Canada’s Top Growing Companies for 2022 by the Globe and Mail’s Report on Business, where LeddarTech ranked 280 out of 430 eligible companies. LeddarTech, a provider of ADAS and AD sensing technology, is adopting a business strategy that translates to greater financial and team resources dedicated to an…
Nissan announces its intention to sell Russian operations
BOULOGNE-BILLANCOURT: Nissan has announced its intention to sell its Russian operations. Nissan’s adjustment, published in Japanese accounting standards and booked for the 2022/2023 fiscal year, will have a negative contribution to Renault Group’s net income estimated at €331 million for the 2nd half 2022 (before IFRS adjustments). This transaction will not impact Renault Group’s operating…
Pioneer Media launches MetaKit, its proprietary web3 gaming platform
VANCOUVER, BRITISH COLUMBIA: Pioneer Media Holdings, a web3 gaming and infrastructure company, announced that it recently launched MetaKit, its proprietary web3 gaming infrastructure and conversion technology suite of products to assist game developers run play-to-earn (“P2E”) on the blockchain. In March 2022, Pioneer acquired Crowdform, a digital product and venture activation studio which has been…
Visa launches new version of the educational video game, Financial Soccer
SAN FRANCISCO: Visa (NYSE: V), the Official Payment Technology Partner of FIFA, invites soccer fans to sharpen their financial skills on the virtual pitch with the new version of the educational video game, Financial Soccer. Gamers can suit up as the country of their choice and take their best shot for the coveted trophy by…
Action plan agreed for universal smartphone access
The ITU/UNESCO Broadband Commission for Sustainable Development has ratified the first multi-stakeholder study aimed at creating practical tools and actions that could enable nearly 3 billion more people to access and use the internet through a smartphone by 2030. Around a third of the global population still cannot or do not access the internet. The…