BASIX Sub-K manages to raise Rs 75 Cr from its Series-C funding round
Date: 2019-10-11   Author: Pankaj Singh

Fintech companies are known for managing various monetary services using technology. The industry is witnessing several new smaller companies and startups who are bringing various innovative schemes and models. However...

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Pennsylvania American Water buys assets of Steelton Borough Authority
Date: 2019-10-10   Author: Pankaj Singh

In 2016, a law was passed in Pennsylvania which made in feasible for water authorities to sell their assets to utility companies. Since then, the Pennsylvania water service market has witnessed a substantial growth as ...

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Shiseido acquires American skincare company Drunk Elephant for $845Mn
Date: 2019-10-09   Author: Pankaj Singh

The market for skin care and beauty products is very huge in Asia, with one of its big businesses coming from China. These products have generated a huge client base in the region, a key reason why many international b...

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Hero Electric teams with CSC e-Governance to boost e-mobility in India
Date: 2019-10-05   Author: Saipriya Iyer

With growing fuel prices and deteriorating air quality, the Government of India has started to encourage auto companies to introduce new green mobility solutions. However, as the adoption of electric mobility is on a s...

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Genomic Vision and PolyAn ink coverslip production & supply agreement
Date: 2019-10-04   Author: Pankaj Singh

France-based biotechnology company Genomic Vision has reportedly announced a partnership with PolyAn for the manufacture and supply of coverslips. Sources with reliable information reported that the latest development ...

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Cybersecurity firm FireEye reveals new election security resource
Date: 2019-10-03   Author: Saipriya Iyer

Cybersecurity refers to safeguarding internet-connected systems such as software and hardware from potential cyberattacks. It is used in identifying theft while maintaining risk management. In order to prevent potentia...

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Ripple enters Iceland with acquisition of crypto trading firm Algrim
Date: 2019-10-01   Author: Pankaj Singh

Various global companies are continuously transacting and collaborating with other companies in the world in an effort to maximize their business capabilities. Given the well-documented rise of cryptocurrencies, variou...

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Goldman Sachs makes new INR 500 crore investment in Bangalore IT park
Date: 2019-09-30   Author: Pankaj Singh

As the lending for real estate by banks slowed down from 2011-12, NBFCs and HFCs have gained importance in the real estate investment. NBFC is a non-banking financial company that invests in various fields, HFC stands ...

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Uber unveils driver loyalty scheme after receiving new London license
Date: 2019-09-28   Author: Saipriya Iyer

· Uber recently received a two-month operating license from TFL to operate in London. · Through the loyalty program, Uber aims to reward the...

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Fold App secures $2.5M funding to offer bitcoin lightning payments
Date: 2019-09-27   Author: Pankaj Singh

Fold App, the bitcoin payments startup, has reportedly raised $2.5 million in the recent financial round. Fold, in its first funding round as an independent company after leaving Thesis, has now apparently added fiat-support on its application....

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Everledger raises $20Mn in a Series A funding round led by Tencent
Date: 2019-09-26   Author: Pankaj Singh

Known as one of the biggest innovations in recent times – blockchain technology has revolutionized the world’s financing infrastructure. Companies have started using blockchain technology for financial appl...

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RAC Insurance moves to MicroStrategy Cloud™ Platform on Azure
Date: 2019-09-25   Author: Pankaj Singh

Cloud computing is one of the many trends in the IT industry that offers valuable services like mobility, cost-saving, security and flexibility to organizations. In the current digital era, companies are focusing on ha...

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Log 9 Spill Containment raises INR 4 Cr in Pre-Series A funding round
Date: 2019-09-24   Author: Saipriya Iyer

Chemical and oil spill absorbent market is witnessing a substantial growth lately due to increasing incidence of chemical and oil spills from industries which is leading to a rise in pollution. Several companies in the...

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Indonesian P2P lending startup JULO raises $10 million in Series A2
Date: 2019-09-23   Author: Pankaj Singh

Fintech companies in Indonesia are witnessing a substantial growth lately. The fintech boom in Indonesia is due to low access of businesses to traditional capital sources. P2P lending firms are one of the hot seats for...

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Investment firm Groww raises ₹154 crore in the Series B funding round
Date: 2019-09-21   Author: Pankaj Singh

Groww presently offers more than 3000 options in mutual funds for investment.   The company aims to use its raised funds to double its tea...

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Virgin Atlantic plans to fly more flights to London from Scotland
Date: 2019-09-20   Author: Saipriya Iyer

Virgin Atlantic has also planned 35 new long-haul routes in Asia, Africa, and South America.   Out of the total 84 new destinations ...

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Bharat Forge plans to build its new plant in North Carolina, U.S.
Date: 2019-09-19   Author: Pankaj Singh

The forging industry plays an important role in driving the manufacturing and automobile sectors. Surging demand for aluminum worldwide by numerous industries has encouraged market players to expand their business reach.  Bharat For...

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TuSimple secures $215 million from its Series D funding round
Date: 2019-09-18   Author: Pankaj Singh

Autonomous vehicles are on the verge of becoming an essential part for future mobility. With various tech companies like Uber and Amazon investing heavily in self-driving cars, the technology is set to offer great pote...

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Niche AI workforce acquired by Ericsson for AI development in India
Date: 2019-09-17   Author: Saipriya Iyer

Artificial Intelligence (AI) is increasingly being adopted by a number of telecommunications and networking companies lately. Telecommunication companies across the globe are turning towards AI-driven platforms to deli...

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Virgin Australia plans to acquire Velocity frequent flyer program
Date: 2019-09-16   Author: Pankaj Singh

The airline intends to buy back remaining 35% share of Velocity frequent flyer program for A$700 million, a move that would diversify its source of income. Virgin...

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Atomwise to collaborate with Hansoh Pharma for AI-based drug discovery
Date: 2019-09-14   Author: Pankaj Singh

Atomwise Inc., a leading developer of healthcare software that uses AI to discover medicines and agricultural compounds, recently announced that it will be collaborating with Hansoh Pharmaceutical Group Company Limited, a leading Chinese biopharma...

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Valsoft acquires Commsoft OASES and enters the aviation vertical
Date: 2019-09-13   Author: Pankaj Singh

Since the company’s first association with airline sector over 40 years ago, Communications Software has been developing the MRO IT system continually. ...

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London-based Snyk secures €63Mn from Accel led funding round
Date: 2019-09-12   Author: Saipriya Iyer

The company intends to use this funding to fuel its plans for the next phase of global growth. Snyk, a developer-first security company based in London, has repor...

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Wendy's invests $20 million to introduce a new national breakfast menu
Date: 2019-09-11   Author: Saipriya Iyer

The revamped menu includes three new breakfast items; Honey Butter Chicken Sandwich, the Breakfast Baconator as well as the Frosty-ccino.   Wendy’s has tried breakfast menus many time...

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Spendesk raises €35Mn through Series B round led by Index Ventures
Date: 2019-09-10   Author: Pankaj Singh

The company will use the newly raised funds to strengthen its product and to expand its footprint across Europe. Spendesk, a smart spending management software st...

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Good Capital announces $25M fund to invest in unique startups
Date: 2019-09-09   Author: Pankaj Singh

Good Capital is planning to invest $100 to $2M in pre-seed to Series A round of funding   It will invest in startups that have uniqu...

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Sears to cut 250 corporate jobs at its headquarters in Hoffman Estates
Date: 2019-09-06   Author: Pankaj Singh

Sears will implement a permanent reduction of workforce within 14 days.   The company will be closing dozens of its Kmart and Sears ...

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Nestle to lay off 172 workers; shuttering Indianapolis facility
Date: 2019-09-05   Author: Pankaj Singh

Nestlé Dreyer’s Ice Cream Co. and Nestlé USA Inc. recently announced the closing down of a frozen distribution facility on the near southeast side of Indianapolis by the end of 2...

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AIR’s Earthquake Model chosen by IAG for catastrophe risk management
Date: 2019-09-04   Author: Saipriya Iyer

Sydney-based insurance firm Insurance Australia Group (IAG) has reportedly selected risk management company AIR Worldwide’s Earthquake Model to help with New Zealand’s catastrophe risk management. AIR World...

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Binance procures crypto trading platform JEX based in Seychelles
Date: 2019-09-03   Author: Pankaj Singh

Binance has shown continued interest in the crypto derivatives market, an observation backed by its acquisition of JEX.   The compa...

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Founders Brewing Co. cedes 90% ownership to Madrid-based craft brewery
Date: 2019-08-31   Author: Pankaj Singh

Grand Rapid’s based brewing company Founders Brewing Co. sells majority stakes to Spanish brewery Mahou San Miguel. Taproom & brewery daily operations to remain...

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Facebook enforces strict rules for political ads ahead of US elections
Date: 2019-08-30   Author: Pankaj Singh

Facebook is planning to tighten rules for political ad spending ahead of the 2020 US elections. The company will be more cautious from here onwards, as it will require information on who is paying for the campaign mess...

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Hershey acquires ONE Brands & announces snack bar portfolio expansion
Date: 2019-08-29   Author: Pankaj Singh

ONE Brands is being purchased for $397 Mn or approx. $325 Mn net of tax benefits.   ONE Brands would greatly compliment Hershey&rsqu...

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BharatPe raises USD 50 million in funding round led by Ribbit Capital
Date: 2019-08-28   Author: Pankaj Singh

The funding round witnessed the participation of Ribbit capital along with Steadview Capital and the other existing investors. The funds are expe...

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PDC Energy acquires SRC Energy in $1.7 billion all-stock transaction
Date: 2019-08-27   Author: Shikha Sinha

PDC Energy and rival company SRC Energy have reportedly joined hands through a strategic merger, under which SRC, including its net debit amounting at approximately $685 million as of 30th June 2019, will be acquired b...

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Atonarp raises USD 33 million in oversubscribed Series C funding round
Date: 2019-08-26   Author: Pankaj Singh

The funding round has brought over 5 new investors to the company.   The funding raised would be primarily used to support the compa...

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Mattel introduces Hot Wheels Infinite Loop to mobile devices
Date: 2019-08-24   Author: Pankaj Singh

The game has been made available on the App store for iPhone and iPad enabling the fans for interaction with the brand in a trendy way. California...

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Celsius partners with Tether to offer USDT with annual yield of 10.53%
Date: 2019-08-23   Author: Pankaj Singh

Simultaneously, the use of stablecoins reduces the cost of capital, allowing Celsius to offer loans at a lower interest rate. Celsius Network, a top cryptocurrenc...

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WeTransfer bags €35 million in HPE Growth led secondary funding round
Date: 2019-08-21   Author: Pankaj Singh

HPE’s Jonne de Leeuw will replace WeTransfer co-founder Nalden, joining Irena Goldenberg, Tony Zappalà (Highland Europe) and Bas Beerens (founder WeTransfer). ...

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Infosys witnesses a cloud service hike as firm partners with biggies
Date: 2019-08-20   Author: Pankaj Singh

Infosys has partnered with Microsoft Azure, Google Cloud, and Amazon Web Services to help its clients to shift their applications to the cloud.   ...

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SoftBank to lead funding round of USD 100 million in Snapdeal
Date: 2019-08-19   Author: Pankaj Singh

Japanese multinational company to lead $100 million funding round for the Indian online firm Snapdeal.   Kunal Bahl presented an ide...

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Indian robotics startup Miko secures $7.5 million in Series A funding
Date: 2019-08-16   Author: Saipriya Iyer

The investment will be used to expand Miko’s market in the UK, North America and West Asia as well as to develop a new line of products. Miko, an Indian sta...

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Westpay-Loomis tie-up to provide cutting-edge digital payment services
Date: 2019-08-13   Author: Pankaj Singh

This association will bring benefits to retail customers for seamless on-site transactions. Services available only to Finland and Sweden custome...

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Voyager straps up for its next-phase expansion by the end of 2019
Date: 2019-08-12   Author: Pankaj Singh

PLDT remains the single largest investor in Voyager, helping the startup to be afloat. VOYAGER Innovations Inc., an e-commerce site based out of Philippines, is ...

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Credit Unions & Payrailz™ collaborate to create new CUSO, CU Payz
Date: 2019-08-10   Author: Pankaj Singh

CU Payz offers its members the capability to become CU Payz owners. members would also have a say in product direction and the ability to present...

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Salesforce buys ClickSoftware for $1.35B to reinforce field services
Date: 2019-08-09   Author: Pankaj Singh

Reports confirm that Salesforce, the American cloud-based software giant, has recently confirmed its acquisition of ClickSoftware, a privately held field service company, in a deal valued nearly $1.35 billion in stock ...

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AI & Cybersecurity experts can now tie up via AI Security Alliance
Date: 2019-08-08   Author: Pankaj Singh

The organization declares its Board Members and opens working groups and membership for cybersecurity and Artificial Intelligence experts.   ...

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Accenture to expedite Brandix’s journey to get operations future-ready
Date: 2019-08-07   Author: Pankaj Singh

Accenture will assist Brandix in building innovative solutions that completely focus on productivity improvement and process excellence among other aspects. ...

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Carro raises $90 Mn from Series B round, procures Indonesia’s Jualo
Date: 2019-08-06   Author: Saipriya Iyer

The company raised an extra $30 million in the oversubscribed funding round after raising $60 million last year in May. Carro would be utilizing ...

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Fox Corporation to buy U.S. consumer finance marketplace Credible Labs
Date: 2019-08-05   Author: Pankaj Singh

The transaction is valued at USD 397 million and is expected to complete in the fourth quarter of the year New York based broadcasting company, Fox Corporation has reportedly anno...

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PepsiCo India to set up new plant in UP with investment of Rs 514 Cr
Date: 2019-07-30   Author: Pankaj Singh

The company has signed a Memorandum of Understanding (MoU) which would help it double its snacking business in India by 2022. Multinational food and beverage...

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CBI suggests European Union to prepare faster for no-deal Brexit risk
Date: 2019-07-29   Author: Pankaj Singh

As per the CBI report, the blend of the UK and EU’s different approaches has created an imbalance. The European Union has reportedly been less prepared for...

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Cambodia dismisses rumors of allowing China access to its Naval base
Date: 2019-07-29   Author: Pankaj Singh

Cambodia refuses any such agreement with China in lieu of constitutional restrictions. The Cambodian authorities have denied a report stating that it has signed a...

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KarbonKleen offers alternative financing for dynaCERT’s HydraGEN tech
Date: 2019-07-27   Author: Pankaj Singh

dynaCERT Inc., a company that provides technology that reduces carbon emissions, recently announced that it has obtained a promising alternative financing option for its dealers, in relation with its HydraGEN Technolog...

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Aucta partners with Fosun Pharma to market the FDA-approved Vigabatrin
Date: 2019-07-26   Author: Pankaj Singh

Aucta Pharmaceuticals joins hand with Fosun Pharmaceutical for licensing the marketing rights for FDA approved Vigabatrin for Oral Solution. Aucta Pharmaceuticals...

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Online bank N26 secures $170 million funding for global expansion push
Date: 2019-07-20   Author: Shikha Sinha

Reports confirm that Berlin-based N26 has recently secured an additional $170 million in its latest round of funding, propelling its valuation to around $3.5 billion, as the online bank is looking forward to accelerate...

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Sintavia acquires non-destructive testing company QC Laboratories
Date: 2019-07-17   Author: Pankaj Singh

The acquisition will enable Sintavia to have increased NDT capabilities, extending its existing services to the commercial aerospace market. Sintavia, a...

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Syndigo buys European product content management company WiseBase
Date: 2019-07-16   Author: Pankaj Singh

The acquisition aims at expanding Syndigo’s presence in Europe Chicago – headquartered, Syndigo – a verified product content syndicati...

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Tech Repair Brand uBreakiFix opens new location in Dallas County
Date: 2019-07-15   Author: Pankaj Singh

uBreakiFix, a renowned tech repair brand, has reportedly launched its newest location, uBreakiFix Grand Prairie, at 3154 S State Hwy 161, Suite 610. As per trusted sources, uBreakiFix Grand Prairie is the fourth location in the Dallas/Fo...

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Cenovus attains milestone of producing 1BN barrels of oil sands
Date: 2019-07-13   Author: Pankaj Singh

Cenovus Energy Inc. has reportedly reached a cumulative production volume of one billion barrels from its Christina Lake and Foster Creek oil sands facilities located in Northern Alberta. ...

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Endophys Holdings launches the latest Pressure Sensing Assess System
Date: 2019-07-11   Author: Pankaj Singh

The Dallas headquartered – Endophys Holdings has reportedly launched a new Pressure Sensing Assess System (PSAS). The device is basically a 25cm sheath and is designed to provide deeper access to the femoral arte...

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NiYO raises USD 35 million in funding round led by Horizon and Tencent
Date: 2019-07-10   Author: Pankaj Singh

Neo-banking startup NiYO Solutions has reportedly raised an amount of USD 35 million in a Series B funding round. As per sources familiar with the knowledge of the matter, this investment round was led by Tencent and H...

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TransCanna Holdings to acquire Goodfellas Group for $520,000
Date: 2019-07-09   Author: Pankaj Singh

TransCanna Holdings Inc., a Canada based branding, transportation and distribution company recently announced that it has signed a definitive acquisition agreement to acquire The Goodfellas Group, LLC. ...

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iMedX acquires Prevalent and Axcension to launch business intelligence
Date: 2019-07-08   Author: Saipriya Iyer

Combined technology & teams will provide ground-breaking business intelligence solutions for healthcare providers iMedX, Inc., a US-based health information &...

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OLA raises another USD 11.37 million in series-J funding round
Date: 2019-07-06   Author: Pankaj Singh

OLA, the Bengaluru-based ride hailing giant has raised $11.37 Mn (INR 79.93 Cr) from an ongoing financing round. The funding was a part of its Series-J round, through which it currently plans to raise close to $2 billi...

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Sevan confirms the launch of new London office for European expansion
Date: 2019-07-05   Author: Pankaj Singh

Sevan Multi-Site Solutions, a leading provider of innovative design, construction services, data analytics and program management solutions to firms with multiple sites, has reportedly announced the inauguration of its...

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Lightspeed Venture leads $8 million funding round for Freight Tiger
Date: 2019-07-04   Author: Pankaj Singh

Mumbai-headquartered business-to-business logistics technology startup Freight Tiger has recently managed to raise $8 million in a funding round led by venture investment firm Lightspeed Venture Partners. Reportedly, l...

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CLEARink and FLEx Lighting tie up on next generation ePaper displays
Date: 2019-07-03   Author: Pankaj Singh

The model is to be built based on FLEx’s ultra- thin front lighting displays and CLEARink’s ePaper 2.0. The US based reflective displays sta...

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SAMI and Hanwha Group partner to manufacture munitions in Saudi Arabia
Date: 2019-07-02   Author: Pankaj Singh

Reports confirm that Saudi Arabian Military Industries has signed a deal with three affiliates of South Korean conglomerate Hanwha Group, namely Hanwha Systems, Hanwha Corporation, and Hanwha Defence, for establishing ...

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Amazon expands function of Fire TV devices to add dedicated Live tab
Date: 2019-07-01   Author: Pankaj Singh

Amazon, the American multinational tech company, recently announced that it is adding a Live TV tab to it Fire TV devices. Apparently, the company wants to ensure its customers are aware of what is being played regardl...

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AT&T donates $500,000 to free broadcast TV service & NPO, Locast
Date: 2019-06-29   Author: Pankaj Singh

Offering access to Locast via DirecTV may undercut the threat by station owners who cut the viewing of channels at times of dispute. The Texas-headquart...

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Milkbasket raises USD 2.16 million from series B funding round
Date: 2019-06-28   Author: Pankaj Singh

The raised funds will be used to invest in geographical expansion, technological advancements and hiring. Milkbasket, a daily micro-delivery service star...

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Mitsubishi Motors to move its North American headquarters to Tennessee
Date: 2019-06-27   Author: Pankaj Singh

Compared to Cypress, Tennessee will provide a mild climate, good schools and lower cost of living for workers Japanese automaker Mitsubishi Motors recently announ...

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Workforce Software secures a major strategic investment from Evergreen
Date: 2019-06-26   Author: Pankaj Singh

The investment is expected to solidify WorkForce Software’s position in the market Evergreen Coast Capital Corp, a private equity firm focused on technology...

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L Catterton purchases steakhouse restaurant chain Del Frisco’s
Date: 2019-06-25   Author: Pankaj Singh

The stakeholders of Del Frisco will receive $8 for each share, that is, an 18.9% premium to the last closing price. Texas base...

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Tata Power to raise minimum Rs 4,000 cr through renewables InvIT
Date: 2019-06-24   Author: Pankaj Singh

The company would also aim to reduce the debt level by selling non-core assets Tata Power, the largest private power company in India, is keen on raising funds t...

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Yiwu collaborates with Alibaba to boost digital transformation efforts
Date: 2019-06-22   Author: Pankaj Singh

Yiwu, one of the most favored destinations in China amongst overseas traders, is reportedly in talks to explore new trade channels in alliance with domestic e-commerce giant Alibaba, in order to speed up the digital tr...

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Boeing to relocate its space and launch headquarters to Florida
Date: 2019-06-21   Author: Pankaj Singh

The aircraft manufacturer aims to shift the entire space and launch division to Titusville, Florida. The relocation is expected to complete by th...

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Bounce raises $72M in series C funding round led by B Capital Group
Date: 2019-06-19   Author: Pankaj Singh

The Bengaluru-based bike rental startup Bounce has reportedly raised $72 million in series C round of funding led by B Capital Group, a global technology fund, and Falcon Edge Capital, a New York based hedge funding co...

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Signifier Medical Technologies closes an oversubscribed funding round
Date: 2019-06-18   Author: Pankaj Singh

Signifier Medical Technologies, a UK-based innovator in sleep disordered breathing market, recently announced the closing of an oversubscribed Series B funding. The round was led by private equity firm, The Pritzker Or...

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American Airlines rolls out satellite based Wi-Fi to over 700 aircraft
Date: 2019-06-17   Author: Pankaj Singh

Satellite based Wi-Fi will offer access to 12 free live TV channels that people can stream on their own personal device American Airlines, world’s largest a...

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Camargo Pharmaceutical Services to acquire Canada-based InSymbiosis
Date: 2019-06-15   Author: Pankaj Singh

Camargo Pharmaceutical Services, a leading drug development and commercialization service provider recently announced that it plans to acquire InSymbiosis, a Canada-based drug developer that enables biopharmaceuti...

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Enlighten secures $6.5m for expanding cannabis technology portfolio
Date: 2019-06-14   Author: Pankaj Singh

Reports confirm that Enlighten, a leading cannabis technology company, has recently closed an oversubscribed Series B funding round valued at more than $6.5 million, led by Tuatara Capital, L.P., an expert alterna...

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Dropbox launches new desktop app with enhanced user experience, design
Date: 2019-06-13   Author: Pankaj Singh

The new app has undergone structural changes for it to be able to work like any other desktop application Dropbox, the file hosting service, recently unveiled a n...

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OkCredit raises $15.5 million in a funding round led by Tiger Global
Date: 2019-06-12   Author: Pankaj Singh

Bengaluru-based mobile solutions provider OkCredit has reportedly announced that it has raised $15.5 million in a funding round led by New York-based Tiger Global. As per trusted sources, the valuation is the highest i...

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Zee5 teams up with Israel’s Applicaster to enhance viewer experience
Date: 2019-06-11   Author: Pankaj Singh

Under the proposed partnership agreement, Applicaster would be developing & managing Zee5’s smartphone app.   Applicaster ...

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Greenpeace activists stage climate protest on BP oil rig in Scotland
Date: 2019-06-10   Author: Pankaj Singh

Currently the activists have occupied a platform on a leg of the rig beneath the main deck. Greenpeace activists have reportedly declared that they have climbed t...

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Pasha acquires licensed cannabis producer and processor, Medcann
Date: 2019-06-08   Author: Saipriya Iyer

Pasha Brands Ltd., a leading Canadian craft cannabis company recently announced acquisition of Medcann Health Products Ltd., a Health Canada approved cultivator, processor & seller of medical cannabis, cite...

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HSB partners with CNA Financial to offer IoT-technology solutions
Date: 2019-06-07   Author: Pankaj Singh

The partnership will help the two firms drive down losses and innovate new solutions using IoT. Global specialty insurer and reinsurer, The Hartford Steam Boiler ...

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US based Medly Pharmacy closes Series A round led by Greycroft
Date: 2019-06-06   Author: Pankaj Singh

Medly Pharmacy, a U.S.-based digital pharmacy recently announced completion of its Series A funding round, led by Greycroft, a venture capital firm. Medly Pharmacy will use the funds for its expansion. The 2017 annuali...

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Kyocera & BYD Japan collaborate on energy systems for electric vehicles
Date: 2019-06-04   Author: Pankaj Singh

Kyocera corporation, a Japan-based electronics manufacturer recently announced a joint venture with the Japanese arm of China’s BYD Company, a leading producer of electric vehicles. ...

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Recorded Future announces US$780M acquisition by Insight Partners
Date: 2019-06-01   Author: Pankaj Singh

The company will use this transaction to accelerate next phase of global growth and expansion. Leading cyber threat intelligence provider, Recorded Future has re...

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Sony's Funimation acquires anime distributor Manga Entertainment
Date: 2019-05-31   Author: Pankaj Singh

Sony Picture Televisions’ anime content unit, Funimation Productions recently announced acquisition of Manga Entertainment Ltd, distributor of Japanese animation in the United Kingdom and Ireland. The finances re...

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Upland Software to acquire marketing software business Kapost
Date: 2019-05-30   Author: Shikha Sinha

Upland Software, a cloud-based enterprise work management software provider has recently acquired Kapost, a content operations platform provider. The new acquisition is an important addition to Upland’s Customer ...

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Vivendi-owned Canal+ procures M7 Group in €1 billion acquisition deal
Date: 2019-05-29   Author: Pankaj Singh

Canal+ acquired M7 Group from the media firm’s present private equity investor, Astorg Partners. The acquisition would be giving Canal+ acc...

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Teva Pharma to pay Oklahoma $83 million for opioid case settlement
Date: 2019-05-28   Author: Pankaj Singh

Teva Pharmaceuticals USA and affiliates of Teva Pharmaceutical Industries Ltd. have entered an agreement with the state of Oklahoma to settle state claims against the company. Teva will make a one-time payment of $85 m...

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Organic Solutions buys Brydone Growers to boost Thai food operations
Date: 2019-05-27   Author: Pankaj Singh

Organic Solutions, a Queenstown-based company, has reportedly confirmed the acquisition of Brydone Growers of Oamaru, a leading organic grower in New Zealand’s South Island. ...

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Panasonic stops some component shipments to Huawei amid US ban
Date: 2019-05-25   Author: Pankaj Singh

The U.S. has recently lessened the restrictions on Huawei temporarily to reduce disruption for customers. Japan-based Panasonic Corporation has reportedly announ...

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Eco-friendly chemicals manufacturer Solugen raises $32M in funding
Date: 2019-05-24   Author: Pankaj Singh

Solugen Inc., a specialty chemicals manufacturer and world’s first company to produce bio-based peroxide solutions, has recently announced a Series B funding round, in which the company collected $32 million. The...

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TransferWise becomes most valuable fintech start-up in Europe
Date: 2019-05-23   Author: Pankaj Singh

TransferWise will not add fresh cash to its balance sheet with the funding round. The UK-based money transfer company TransferWise has been reportedly valued at $...

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