CHINA > Israel based IncrediBuild is set to open office in Chengdu, China

incredibuild logo Due to surge in local demand, Israel based IncrediBuild Software is set to open office in Chengdu, China. This is the second expansion of IncrediBuild into Asia followed by its expansion in Japan in 2016. Empowering 150000 global users to release faster, by accelerating compilations, testing and any other development process, IncrediBuild customers in China include the country’s largest telecom More …

USA > Indonesia based MDI Ventures is set to invest $2 million in USA based logistics technology firm Roambee Corporation

MDI Venture logo Telkom Indonesia’s corporate venture capital firm, MDI Ventures is set to invest $2 million in US based logistics technology firm Roambee Corporation. With the latest investment Roambee aims to expand its supply chain asset- tracking technology to Southeast Asia. The recent investment totals Roambee’s funding to nearly $10 million till date following a $3.1 million investment from German telecommunication company More …

NETHERLANDS > USA based Iron Mountain is set to acquire the Netherlands based EvoSwitch Data Center Business for $235 million

iron mountain logo The storage and information management services company, Iron Mountain Incorporated, is set to acquire EvoSwitch Netherlands B.V and EvoSwitch Global Services B.V for $235 million. For total potential capacity of 34 MW out of which 11 MW of existing data center capacity in the Netherlands which is 100% leased and the remaining 23 MW of expansion capability, the acquisition expands More …

SPAIN > Australia based Moodle is set to open first overseas office in Barcelona, Spain creating approximately 40 jobs

Moodle logo Australia based Moodle is set to open office in Barcelona, Spain creating 10 new jobs with forecast reaching up to 40 jobs. Barcelona office will also be partly responsible for Moodle’s expansion in Europe and South America. Moodle’s investment in Barcelona was facilitated by Catalan Government via the offices of ACCIÓ – the agency for business competitiveness and Catalonia Trade More …

USA > Germany based Siemens is set to acquire USA based leading software framework provider J2 Innovations

Siemens logo1 A leading software framework provider for building automation and IoT, J2 Innovations is to be acquired by Germany based Siemens. The California based J2 Innovations will continue to act as an independent legal entity and wholly owned subsidiary of Siemens after the acquisition.  J2 Innovations has been a successful player in the Internet of things (IoT) software business and for More …

SWITZERLAND > USA based Microsoft expands into Switzerland with new data centers

Microsoft logo Rapidly expanding its cloud infrastructure in Europe to meet increasing customer demands, Microsoft has expanded the cloud services by adding new datacenters in Germany and Switzerland. Microsoft has also announced the availability of new cloud services in France. Microsoft aims to support companies by offering enterprise cloud services for businesses, government, and NGOs from datacenter locations in the cantons of More …

UK > Canada based Stars Group acquires UK based Sky Betting and Games for $4.7 billion  

stars group logo Owners of PokerStars, Stars Group acquires UK based Sky Betting and Gaming from CVC for $4.7 billion to position itself for potential U.S. market opening. The acquisition turns the online poker giant into a major sports betting player with a strong foothold in Europe to U.S. if the market fully opens. The cash and stock deal was made with CVC More …

NORWAY >  Germany based Siemens is set to digitalize the Norwegian Railway infrastructure which is the biggest rail infrastructure order in Siemens history totaling around 800 million Euros ($989.17 million)

Siemens logo1 Siemens is set to equip the entire Norwegian railroad network of approximately 4200 track kilometers. European Train Control System (ETCS) Level 2 type Trainguard combined with the interlocking type Simis W and IP-based wayside network communication solution type Sinet will be equipped in the railroad network. Siemens has also received a maintenance service for 25 years in the contract which More …