NEW ZEALAND > US based Rimini Street is set to expand in New Zealand by launching a company subsidiary and opening new office in Auckland

Rimini Street logo A Global provider of enterprise software products and services, Rimini Street Inc. is set to expand its operations in the Asia- Pacific with the launch of new subsidiary and the opening of its new office in Auckland. Rimini Street is the leading third- party support provider for Oracle and SAP software products. Rimini Street’s premium, ultra-responsive support services in New More …

USA > Singapore based EDBI invests in US based WalkMe’s Series F financing round for expansion of digital adoption platform in Asia Pacific region

edbi logo Singapore based EDBI invests in USA based WalkMe’s Series F financing round for expansion of digital adoption platform in Asia Pacific region. Led by Insight Venture Partners, EDBI joins the $40 million Series F financing round. WalkMe also had its first institutional investor, Mangrove Capital Partners, in this investment round. The total Series F funding raised was $50 million. WalkMe More …

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 …

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 …

SINGAPORE > China based LightInTheBox is set to acquire Singapore based EZbuy for $85.55 million

lightinthebox logo China based LightInTheBox is set to acquire Singapore based EZbuy for $85.55 million which is a cross border e-commerce platform. EZbuy was founded in 2010 and it curates products from China, Taiwan, the US, South Korea, Malaysia and Singapore. EZbuy serves more than 3 million customers from Singapore, Malaysia, Indonesia, Thailand and Pakistan. Some of the competitors of EZbuy are More …

ISRAEL > USA based Intel Corporation is set to invest $5 billion in Israel

Intel logo Expanding its Kiryat Gat production plant, USA based semiconductor giant Intel Corp. is set to invest $5 billion through 2020 in Israel. According to the Finance Ministry in an email statement said that Intel is set to buy over NIS 3 billion ($818.22 million) worth of products from local suppliers and is set to add 250 people. Since the implementation More …

SINGAPORE > US based Google is set to build third data center in Singapore adding investment of $350 million.

google logo USA based internet giant Google is building a third data center in Singapore with an additional investment of $350 million bringing the total investment in Singapore to $850 million. To meet the demand of the rapid user growth in the region, Google’s third data center will be located in Jurong West which is in close proximity from its first two More …

USA > France based Atos is set to acquire USA based Syntel for $3.4 billion

atos logo Boosting its North American operations, French IT firm, Atos, is set to acquire USA based Syntel Inc. for $3.4 billion. Atos provides IT services for sectors such as aerospace to retail while the acquisition of Syntel will strengthen its activities in sectors such as banking, finance and insurance. According to Atos Chief Executive Thierry Breton: “[The deal] will significantly enhance More …