SINGAPORE: Expereo, the world’s leading global intelligent internet company that connects people, places and things anywhere, today announced the appointment of Eric Wong as President of Asia Pacific (APAC). This marks the next step on Expereo’s global growth journey through expanding its APAC business and presence in the region. Wong has been Head of Asia…
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Lightpath to acquire United Fiber and Data
NEW YORK: Lightpath, a leading all-fiber connectivity provider, has announced the signing of a definitive agreement to acquire the assets of United Fiber and Data (UFD). The acquisition, pending regulatory approval, is slated for completion in Q3 of 2024 and is set to enhance Lightpath’s network reach and service offerings. UFD, known for its high-fiber…
ICANN appoints new president and CEO, Kurtis Lindqvist
LOS ANGELES: The Internet Corporation for Assigned Names and Numbers (ICANN) has announced the appointment of Kurtis Lindqvist as its new President and Chief Executive Officer (CEO). Lindqvist, a seasoned industry leader with over three decades of experience, is set to take the helm of the global internet oversight body on December 5, 2024. Tripti…
Securiguard Services Limited appoints Lorna Clamp as new president
VANCOUVER: Securiguard Services Limited has appointed Lorna Clamp as its new President. Clamp, a veteran with over three decades of experience in the field, is set to bring her extensive expertise and a commendable track record to the helm of Canada’s premier safety and security services provider. Under Clamp’s leadership, Securiguard is poised to continue…
ShopOne Centers REIT expands Atlanta portfolio with Publix at Mt. Zion acquisition
NEW YORK: ShopOne Centers REIT Inc., in collaboration with joint venture partners Pantheon and a prominent global institutional investor, has announced the acquisition of the Publix at Mt. Zion shopping center in Morrow, Georgia. This marks the fourth grocery-anchored neighborhood shopping center acquired by the joint venture within the Atlanta Metropolitan Statistical Area (MSA). “We…
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 be acquired by Bain Capital. The transaction, valued at $5.6 billion, marks a substantial premium over PowerSchool’s last unaffected share price. Under the definitive agreement, PowerSchool stockholders will receive $22.80…
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 the inception of Bitcoin in 2008, the evolution of digital currencies has been swift, but BlockDAG Network’s innovative approach to addressing the crypto space’s most pressing challenges has set it…
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 of service as CEO and will continue to serve on the company’s board. Succeeding him is **Jeremie Trochu**, a veteran in the pharmaceutical CDMO sector, who brings a wealth of…
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 raising $19M with a strategic investment from Guidewire, a premier platform for Property and Casualty (P&C) insurers. This strategic financial infusion and partnership with Guidewire will accelerate Indico Data’s mission…
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 TJC, L.P., for approximately $1.385 billion in cash. TransDigm financed the acquisition through cash on hand as well as cash proceeds from the notes offerings completed in November 2023. The…
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 of IP primarily targeting the consumer digital media and electronics sectors. Dolby Laboratories has agreed to acquire GE Licensing, an intellectual property licensing business primarily targeting the consumer digital media…
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 of $10 million in equity and debt from investors including Y Combinator, Goodwater, Global Founders Capital and VSQ and Since launching earlier this year, over 50,000 Freelancers and remote workers…