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 …

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 …