LONDON: Nscale, a fully vertically integrated AI cloud platform, announced the acquisition of Kontena, a leader in high-density modular data centres and AI Data Centre solutions. This acquisition marks a significant step forward in Nscale’s mission to provide the infrastructure backbone to the growing generative AI market through cost-effective, high-performance solutions that unlock AI’s full…
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E2M Solutions has acquired UnlimitedWP, a white-label WordPress development company
SAN DIEGO: E2M Solutions, a leading white-label partner for digital agencies, has acquired UnlimitedWP, a premier white-label WordPress development company. This acquisition positions E2M as the world’s largest white-label WordPress development provider, enhancing services for both companies’ clients. This acquisition is a significant milestone for E2M and UnlimitedWP. E2M will integrate UnlimitedWP’s team of 80+…
CTA Smart raises $3 million growth funding in the latest round
MIAMI: CTA Smart, a leading technology company in the fuel sector, has secured a US$ 3 million investment in a new funding round to boost its international growth. Led by Invisto and Indicator Capital, this investment will support CTA Smart’s expansion into the American market and lay the groundwork for global outreach. Investment Details Indicator…
Cloud-native platform, Tekion, gets $200 million in growth equity capital from Dragoneer Investment
Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced that it has secured $200 million in growth equity capital from Dragoneer Investment Group
Grant Thornton names Lawrence Griff and Kelly Schindler to its industry practice
CHICAGO: Grant Thornton has named Lawrence Griff to lead the firm’s retail industry practice and Kelly Schindler to head up its manufacturing industry practice. In their roles, Griff and Schindler will oversee the growth and operations of their respective industries, which encompass a full range of audit, assurance, tax, and advisory services. “The ever-evolving landscape…
IC Group has acquired remaining 13% ownership of Insured Creativity Inc.
IC Group, a global leader in digital promotions, has acquired remaining 13% ownership stake in Insured Creativity Inc. (ICI) effective on June 21, 2024.
Box Inc. appoints Samantha Wessels as President of Box Europe, Middle East and Africa
Box Inc. (NYSE: BOX), the Intelligent Content Cloud, announced that Samantha Wessels will join the Box Executive Team as President of Box Europe, the Middle East and Africa (EMEA)
Origin Specialty has acquired Agricultural Insurance Management Services
Origin Specialty Underwriters Agency LLC announced the acquisition of Agricultural Insurance Management Services LLC (AIMS), an agribusiness insurance-focused MGU. Origin Specialty is partner company of Beyond Risk. This acquisition supports the Beyond Risk mission to partner with exceptional teams and markets to offer our clients diverse program underwriting and alternative risk financing solutions. Industry veteran…
Skild AI raises $300 million Series A to build a scalable AI foundation model
Skild AI, an AI robotics company building a scalable foundation model for robotics, has closed a $300M Series A funding round. The funding brings the company to a valuation of $1.5 billion.
Com Laude appoints Ben Crawford as CEO and Director
Laude announced the appointment of Ben Crawford as Chief Executive Officer and Director. The news follows Com Laude’s recent strategic growth investment from pan-European private equity firm PX3 Partners.
Telenor Cyberdefence is acquiring Combitech AS
FORNEBU: Telenor Cyberdefence is acquiring Combitech AS (formerly Watchcom Security Group), which will become part of Telenor’s new cybersecurity company. Telenor established the cybersecurity company Telenor Cyberdefence in June this year. The acquisition strengthens Telenor Cyberdefence’s position as a leading provider of cybersecurity solutions to private and public businesses in Norway, with the ambition to…
UL Solutions to build advanced automotive and battery testing center in Korea
UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, t plans to construct a new Advanced Automotive and Battery Testing Center in Pyeongtaek, Gyeonggi-do, Korea, expanding current UL Solutions battery testing capacity in the region and adding electric vehicle (EV) charger testing and other capabilities. “The global transition to sustainable energy has…