Altas Partners, a Canadian investment company, has entered into a definitive agreement with The Jordan Company to acquire DuBois Chemicals, a specialty chemical supplier, for an undisclosed amount. DuBois provides mission-critical and innovative products to more than 15,000 customers worldwide by integrating local high-touch technical service, strong R&D capabilities, customized equipment solutions, and manufacturing expertise. […]
Temenos acquisition of Kony : Temenos, a Swiss banking software company, has agreed to acquire Kony, a US-based digital banking SaaS company, for an enterprise value of $559 million and an earn-out of $21 million. Kony Digital Banking Experience (Kony DBX) product includes a suite of mobile banking apps, which delivers omnichannel experiences including support […]
Finnish consulting and engineering firm Poyry has secured an engineering, procurement, construction and management (EPCM) contract from Bracell to develop Balance of Plant (BoP) of the Project Star. Last month, Bracell, which is part of Singapore-based Royal Golden Eagle (RGE), announced the details of the R$7 billion expansion known as Project Star to increase the […]
Ethos, a US-based life insurance fintech startup, has secured a $60 million investment in a Series C financing, bringing the total funding till date to over $100 million, as per the latest insurtech news. The funding, which follows major revenue and customer growth, will enable Ethos to make available life insurance coverage to millions of […]
Raisin acquisition of fairr : Open banking fintech Raisin has acquired fairr, a German-based retirement savings specialist, in a transaction involving shares as well as cash, as per the latest fintech industry news. The acquisition comes close on the heels of Raisin’s addition of service bank MHB-Bank to its portfolio this year. Post-acquisition, Raisin will […]
Bandai Namco Entertainment (BNE), a Japanese interactive entertainment producer and developer, has entered into a strategic partnership with Crunchyroll Games to provide a complete content experience for users. Under the agreement, both the companies will provide fans with a rewarding and integral experience with the intellectual properties of their favorite characters through a range of […]
US oil and gas giant ExxonMobil and California-based start-up Mosaic Materials have partnered to evaluate a new carbon capture technology that can remove carbon dioxide from emissions sources using advanced chemistry. Mosaic Materials has developed a process that makes use of porous solids, known as metal-organic frameworks, to separate carbon dioxide from the air or […]
MedVet, an emergency and specialty veterinary healthcare provider, has opened MedVet Chicago, a new emergency and specialty veterinary hospital in Chicago, US, as per the latest healthcare news. Located at 3325 N. California Avenue, the new veterinary hospital in Chicago is spread over 65,000-plus ft2 and will have more than 200 team members to provide care. […]
eplus acquires ABS Technology : ePlus, a US-based consultative technology solutions provider, has acquired certain assets and liabilities of Innovative Technology Systems & Solutions (doing business as “ABS Technology”), expanding its geographical presence in the Mid-Atlantic region. Post-acquisition, ePlus will further establish its foothold in commercial accounts, and industry verticals such as healthcare, education, and […]
EDBI, a Singapore government-linked global investor, has made an undisclosed strategic investment in Cityneon Holdings, a creative solutions provider for interior architecture, events and exhibitions. The funding comes close on the heels of investment made by CITIC Capital, an affiliate of CITIC Group, in May 2019. The investment will help Cityneon further expand into new […]