HCL Technologies to drive digital transformation of VELUX Group

HCL Technologies to drive digital transformation of VELUX Group

HCL Technologies has signed an end-to-end IT services transformation deal with Danish roof windows manufacturer VELUX Group. As per the deal, the Indian IT services provider will be responsible for executing a cloud-first, user-centric digital transformation program for the VELUX Group. Pankaj Tagra — HCL Technologies Corporate Vice President and Nordic and DACH Head said: […]

Wipro appoints Nicolas Parmaksizian as CEO of Danish subsidiary Designit

Wipro appoints Nicolas Parmaksizian as CEO of Danish subsidiary Designit

Wipro has announced the appointment of Nicolas Parmaksizian as the CEO of its subsidiary — Designit, a Denmark-based experience innovation firm. According to Wipro, Nicolas Parmaksizian will concentrate on helping Designit deliver creative excellence, improved customer experiences, and dynamic business innovation. The new CEO of Designit said: “I am very excited to have been entrusted […]

Novo Nordisk signs $3.3bn deal to acquire Dicerna Pharmaceuticals

Novo Nordisk signs $3.3bn deal to acquire Dicerna Pharmaceuticals

Novo Nordisk has signed a deal worth around $3.3 billion to acquire Dicerna Pharmaceuticals, a US-based biotech company focused on developing ribonucleic acid interference (RNAi) therapies. Based in Lexington, Massachusetts, Dicerna Pharmaceuticals leverages its proprietary GalXC and GalXC-Plus RNAi technologies to develop therapies to preferentially silence genes that either cause or contribute to disease. The […]

GN Store to acquire esports peripherals provider SteelSeries for $1.2bn

GN Store to acquire esports peripherals provider SteelSeries for $1.2bn

GN Store Nord has agreed to acquire SteelSeries, a Danish manufacturer of gaming peripherals and accessories, for DKK 8 billion ($1.24 billion). The Danish intelligent audio solutions provider is buying SteelSeries from Nordic private equity firm Axcel. SteelSeries manufactures headsets, mice, keyboards, mousepads, controllers, and accessories that are software-enabled and system-integrated. Ehtisham Rabbani — CEO […]

Philip Morris wraps up $820m acquisition of Danish CDMO Fertin Pharma

Philip Morris wraps up $820m acquisition of Danish CDMO Fertin Pharma

Philip Morris International (PMI) has wrapped up its previously announced DKK 5.1 billion ($820 million) acquisition of Fertin Pharma, a Danish a specialist contract development and manufacturing organization (CDMO), from EQT Mid Market. The deal was announced in July 2021. Founded by the Bagger-Sørensen family, Fertin Pharma develops and manufactures pharmaceutical and well-being products based […]

Luxembourg-based Danske Bank International to be acquired by UBP

Luxembourg-based Danske Bank International to be acquired by UBP

Danske Bank has agreed to sell its international private banking activities in Luxembourg operating as Danske Bank International (DBI) to Switzerland-based Union Bancaire Privée (UBP). The Danish banking group expects the sale to give it a one-off gain of nearly DKK 250 million ($39.89 million). Danske Bank said that the transaction represents its efforts to […]

Better Collective wraps up $240m acquisition of Action Network

Better Collective wraps up $240m acquisition of Action Network

Better Collective, a Danish sports betting media group, has wrapped up its previously announced $240 million acquisition of Action Network, an American sports betting product and media company. The deal was announced in early May. Action Network, which was founded in 2017 by The Chernin Group and launched in the following year, provides news, premium […]