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…
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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…
Heater Specialists LLC has acquired fabrication business of ParFab Industries in Oklahoma
TULSA: Heater Specialists LLC (“HSI”), a fully integrated single-source manufacturer of refinery and petrochemical equipment, has acquired the fabrication business of ParFab Industries in Inola, Oklahoma. ParFab Industries is a wholly owned subsidiary of the ParFab group of companies. HSI is a wholly owned subsidiary of Energy Process Technologies, Inc. (EPTI). ParFab Industries’ fabrication business…
Payroc WorldAccess to acquire i3 Verticals’ payments business for $440 million
NASHVILLE: Payroc WorldAccess LLC, a leading omni-channel payments provider, has entered into a definitive agreement to acquire i3 Verticals Inc’s (NASDAQ: IIIV) merchant of record payments business, including its associated proprietary technology, in an all-cash transaction for $440 million, subject to certain purchase price adjustments. Greg Daily, Chairman and CEO of i3 Verticals stated, “i3…
AVEVA has obtained the D-INF verification from DNV
AVEVA, a global leader in industrial software, has obtained the D-INF verification from DNV, a leading classification society, for its AVEVA PI System for Marine Class Compliance.
MoEngage for Financial Services, a purpose-built solution to help financial institutions, launched
LONDON: Leading customer engagement platform, MoEngage, has launched ‘MoEngage for Financial Services’, a purpose-built solution to help financial institutions accelerate digital customer engagement. In a world where exceptional customer experiences are key, enterprises in Financial Services are often stuck with outdated marketing tools that make it difficult for them to offer contextual and personalised digital…
Sovos and PwC Ireland collaborate to transform B2B e-invoicing and e-reporting implementation
LONDON: Sovos, the always-on compliance company, today announced a joint business relationship (JBR) with PwC Ireland, leveraging both organisations’ complementary tax compliance expertise and technology solutions to accelerate e-invoicing and e-reporting implementation at a time of increasing government mandates across the EU and the world. Through this collaboration, PwC Ireland aims to enhances its Tax…
Kennedy Wilson acquires Heathrow Estate in West London for $111 million
Kennedy Wilson (NYSE: KW) and its partner have acquired Heathrow Estate, a high quality multi-let industrial property in a prime distribution location in West London
Philips Speech and Sembly AI collaborate to introduce new cutting-edge audio recorders
VIENNA: Philips Speech by Speech Processing Solutions, a globally leading innovator in voice technology, has announced that they are taking their cooperation with Sembly AI further by extending their audio recorder range with another three new products. Each new recorder is designed to cover different consumer needs and is equipped with Sembly vouchers for users…