HONG KONG: Sagtec Global Limited (NASDAQ: SAGT), a leading provider of customizable software solutions, announced Thursday it has signed a term sheet to acquire Smart Bridge Technology Limited, a fast-growing agentic AI software company, for approximately $17.6 million. The proposed…
CONCORD: JDC Power Systems, a leading electrical systems integrator for the data center market, announced Thursday the appointment of John Raio as CEO, effective immediately. Raio brings over 25 years of leadership experience in critical infrastructure, most recently serving as CEO…
SUNTRX TEST FACILITY: Indra, Audi of America and Qualcomm Technologies, Inc. are collaborating on a joint project to develop next-generation toll payments using cellular vehicle-to-everything (C-V2X) technology. According to a statement, The initiative aims to reduce congestion, standardize payments nationwide and…
Xiaomi introduced its latest electric SUV in Beijing on Thursday, marking another step in the smartphone maker’s ambitious push into China’s competitive auto market. The YU7, positioned as a rival to Tesla’s popular Model Y, is now on display at 13 Xiaomi retail…
HELSINKI: MariaDB plc announced Tuesday the acquisition of Finland-based Codership Oy, the developer of Galera Cluster, a high availability database solution known for ensuring uptime, preventing data loss and scaling with database growth. As part of the deal, Codership’s core team, including…
SAN FRANCISCO: Monarch, a personal finance startup, has secured $75 million in funding to fuel its rapid subscriber growth following the shutdown of budgeting tool Mint last year. According to reports, The Series B round, led by Forerunner Ventures and FPV…
SAN FRANCISCO: Salesforce announced Tuesday it is buying cloud data management firm Informatica in an $8 billion deal as the enterprise software giant expands its push into artificial intelligence. The acquisition will integrate Informatica’s data catalog, integration and governance services with Salesforce’s…
Mayville Engineering Company (NYSE: MEC), a leading provider of design and manufacturing solutions, announced Monday it has reached a definitive agreement to acquire Accu-Fab, LLC, a contract metal fabricator, from Tide Rock Holdings for $140.5 million. The deal, expected to…
FRANKFURT: Circus SE (XETRA: CA1), a global leader in AI robotics for the food service industry, announced Wednesday the successful acquisition of agentic AI company FullyAI, a major step in its mission to create a unified intelligence layer across its…
Blackstone Infrastructure has reached an agreement to acquire TXNM Energy, an electric utility holding company, in a deal that values TXNM at $11.5 billion. The acquisition is aimed at accelerating the clean energy transition and meeting growing power demand in Texas…
GENEVA: Temenos (SIX: TEMN), a global leader in banking technology, announced Tuesday the launch of Temenos Product Manager Copilot, a generative AI-powered assistant designed to help banks create, test and optimize financial products faster. The new tool integrates Microsoft Azure…
STERLING: Defense technology firm Vibrint announced Tuesday it has acquired Ampsight, a provider of multi-cloud engineering, cybersecurity and AI solutions for federal agencies. The deal expands Vibrint’s reach into geospatial intelligence and enhances its IT lifecycle offerings. Ampsight specializes in…