SINGAPORE > UK based Duco, the global provider of enterprise data quality and reconciliation services, is set to open new office in Singapore

Duco logo UK based Duco, the global provider of enterprise date quality and reconciliation services, is set to open new office in Singapore. For supporting rapid demand in the region, the new office aims to cater customers in the Asia Pacific. The services offered by Duco are used by global financial institutions to accelerate digital transformation programs . Duco helps companies solve More …

UK > USA based PepsiCo is set to acquire UK based Pipers Crisps

pepsico PepsiCo is aiming to acquire UK based  Lincolnshire crisp company Pipers Crisps. PepsiCo already owns American firm Doritos and Leicester-based Walkers Crisps and the latest target acquisition is its aim to grow in the UK. The transaction is subject to approval by the Competition and Markets Authority. Pipers were founded by Farmers Alex Albone, Simon Herring and James Sweeting in More …

UK > US based CME Group is set to acquire UK based NEX Group plc.

CME Group logo In a transaction valued at £10 per share($14.1), consisting of 500 pence in cash and 0.0444 CME Group shares, USA based CME Group is set to acquire UK based NEX Group plc. Unanimously approved by the board of directors of both the companies, the transaction is expected to close in the second half of 2018 and is subject to pending approvals by More …

USA > Netherlands based Lone Rooftop, a smart building SaaS Specialist, is set to raise $2.5 million for expanding into USA

Lone Rooftree logo Netherland based Lone Rooftop is set to expand into US after securing funding from another Netherland based venture capital firm, Nimbus Ventures. Nimbus will invest $2.5 million and will get a coveted shareholder position from the investment. The funding will be used for Lone Rooftop’s ambitious growth strategy to become the leading space utilization platform. Lone Rooftop is expecting increase More …

UK > US based Comcast is set to acquire UK based Sky plc. for $39 billion following a bidding war  

Comcast logo After a bidding war over Sky plc, Comcast has successfully outbid 21st Century Fox to acquire the UK media giant for $39 billion which was clinched after an unusual blind auction through UK’s Takeover Panel that helps moderate these large scale acquisitions. Both Comcast and 21st Century Fox had to go through the Panel after neither side made a final More …

ISRAEL > US based Ford is set to develop a decision-making system for driving autonomous cars in Israel investing approximately $12 million

Ford_Motor_Company_Logo.svg Following the Israeli algorithmic solutions company Ford acquired two years ago, SAIPS, Ford is beginning to develop a decision- making system for driving autonomous cars in Israel. Decision making system is a major challenge for autonomous car developers as decisions must be made in fractions of seconds. Ford is planning to invest around $12 million for the system. SAIPS, the More …

CHINA > Singapore based United Overseas Bank (UOB) is set to open new headquarters in Shanghai, China

UOB To reaffirm its commitment to the Chinese market, United Overseas Bank opened its new headquarters building in Shanghai being the first office building owned by a foreign bank in the Lujiazui Financial District. The UOB Plaza is in the Lujiazui Financial District – China’s largest financial hub that drives Shanghai’s development as an international financial center. According to UOB’s deputy More …

USA > US based Poynt is set to raise $100 million Series C from Australia based National Australia Bank and US based Elavon

Poynt logo To be mainly used for expanding into new markets across Asia, Europe and South America, grow its talent base, and invest in product and partner development as it executes its vision to become the operating system (OS) on smart payment terminals worldwide, USA based Poynt is set to raise $100 million Series C raise from Australia based National Australia Bank More …