SES expands multi-cloud offerings with Oracle Cloud Infrastructure
Key Signals in Enterprise Software
Centre Setup and Expansion VMware launches Regional Digital Hub in Singapore The Regional Digital Innovation Hub will bolster Southeast Asia’s growth as a burgeoning, vibrant technological hub and is dedicated to empowering businesses to navigate the new future of work. Read More>> Accurate Background expands its global footprint by launching an innovation hub in India This strategic expansion accommodates growing demand for its international background screening services and the ability to develop and deploy new technologies to advance the screening experience. Read More>> SAP opens R&D hub for deep tech in Singapore The new SAP Labs Network location will catalyze deep technologies such as artificial intelligence and machine learning and advance SAP solutions in the digital supply chain, intelligent business network, and sustainability. Read More>>Deal SES signs cloud connectivity contract with Oracle The company continued to fortify its cloud strategy by signing a new dedicated connectivity deal with Oracle. The contract will see the operator provide connectivity to Oracle Cloud through Oracle Cloud Infrastructure (OCI) Fast Connect. Read More>> Idemia signs decade-long digital ID services contract with Chile The deal with Chiles Civil Registry and Identification Service will see Idemia work on upgrading existing ID documents and providing a novel digital ID for all Chilean citizens. Read More>>Partnerships FactSet’s EMS integrates with Appitals book building platform The integration will enable buy-side traders to place larger orders or participate in additional liquidity opportunities. In response to increased client demand, it will also provide the buy-side with a more efficient and transparent way to execute large-in-size orders with reduced market impact or risk of price erosion. Read More>> Rackspace partners with Cohesity on new data protection services for VMware workloads The partnership with Cohesity will offer Rackspace’s customers access to a proven, robust data protection solution that eliminates legacy backup silos and provides comprehensive protection against rising data threats, including ransomware. Read More>> FLSmidth and AVEVA to digitize mining The agreement will accelerate the digitalization of mining operations and allow miners to benefit from improved performance and productivity globally. Read More>> Azets partners with Xero to strengthen future business plans By combining Xero’s accounting software with the firm’s advisory expertise, Azets will provide businesses with even greater support and information. The association is also expected to pave the way for future government legislation, making tax digital for income tax self-assessment, affecting millions of British taxpayers in the coming years. Read More>>Mergers and Acquisitions Portland cloud infrastructure company Puppet to be acquired by Perforce Software This acquisition expands Perforce’s product offering by adding new capabilities for enterprise DevOps teams to manage and secure their critical infrastructure. Read More>> CENIT acquires majority stake in ISR CORP The participation will consolidate the competencies of both companies in the field of document logistics and information management and is targeted at attaining a joint solid market position. Read More>> Commify enters the US market with the acquisition of CDYNE Services The partnership with Commify, backed by a seasoned management team and impressive scale in the global CPaaS market, will immediately elevate CDYNE’s core offering, benefiting future and existing customers alike. Read More>>Executive Movement Lucas Moody joins Alteryx as Chief Information Security Officer Moody will lead the security organization, oversee the protection of customer, partner, and employee data and assets, and contribute to product innovation. Read More>> Comtech appoints Maria Hedden as COO In her new role, Hedden will lead and implement operational excellence across Comtech, such as improving production capabilities and on-time delivery schedules by retaining and scaling engineering and operations teams. Read More>> BeyondTrust announces CEO Transition The changes are part of BeyondTrust’s ongoing succession planning process and will allow the company to build upon its market leadership, continue its accelerated growth, and capitalize on investments made in product innovation. Read More>>
Key Signals in Consumer Software
Centre Setup and Expansion Amazon delivery center in Slidell is expected to open this year The 140,000square-foot delivery center is expected to create hundreds of new jobs. The e-commerce giant has also said the center will speed up delivery times around St. Tammany Parish. Read More>> Apple’s newest store in South Korea is now open Serving as Apple’s largest store in South Korea, this new space invites customers to discover Apple’s latest products, receive best-in-class support from highly knowledgeable Apple Specialists, and participate in educational Today at Apple sessions. Read More>>Deal Renren Inc. announces software license agreement The company entered into an employment agreement with Mr. Rui Song, Guangzhou Yupu’s former CEO. Renren expects to develop further and grow its suite of driver-centric SaaS-based services with the acquired software license assets. Read More>> Microsoft Chile, AES Andes ink renewables PPA The company has signed a power purchase agreement (PPA) with Chilean utility AES Andes SA to source renewables for its new data center in Chile. The US technology giant has set a target to power all Microsoft data centers with 100% renewables by 2025 and become carbon negative by 2030. Read More>>Partnerships Paysend partners with AFRI money to enable transfers to West Africa The partnership between Afrimoney and Paysend, through MFS Africa, will assist customers worldwide to stay better connected and send funds to support loved ones in West Africa. Read More>> Northrop Grumman and AT&T collaborate to power next-generation, 5G-enabled defense capabilities The digital battle network is likely to bring together the high speed, low latency, and cybersecurity protection of private 5G networks along with the flexibility of AT&T’s commercial 5G capabilities. Read More>>Mergers and Acquisitions Take-Two selling USD 2.7 Bn senior notes to fund Zynga acquisition These senior notes are to be sold in an underwritten public offering and are a form of bond that would take priority above other debts in the event of bankruptcy. Read More>> International Game Technology PLC announces agreement to acquire iSoftBet The acquisition of iSoftBet will provide market-tested proprietary digital content, advanced game aggregation capabilities, scalable promotional tools, analytics and creative talent to IGT’s PlayDigital operations. Read More>>Executive Movement Crowdstrike announces Anurag Saha as new Chief Accounting Officer Mr. Saha served as the company’s Senior Vice President of Finance Transformation since September 2021 before being appointed as Chief Accounting Officer. Read More>> Carsten Coesfeld named CEO of Bertelsmann Investments As CEO of Bertelsmann Investments, Carsten Coesfeld will supervise the group’s global network of funds. He will also lead the Bertelsmann Next department, which is charged with the entrepreneurial development of new growth sectors and lines of business. Read More>> Emeritus appoints new Chief Technology Officer, Bhushan Heda, to drive global technology strategy As Chief Technology Officer, Heda will be responsible for maintaining a world-class technology platform by collaborating with global and regional lines of business and operations, leveraging technology, and strategically embracing automation to drive over ten key business initiatives. Read More>>
Latest Industry Insights from Draup Braindesk
Key Funding Alert
Productsup raises over USD 70 Mn in Series B
This investment will enable Productsup to advance its product development further, target merger and acquisition opportunities, strengthen the partner network, and expand to new markets to solidify its position as the leading global solution for commerce success. Read More>>
Startup Spotlight
Company – Busbud Total Funding – USD 43.19 Mn About: Busbud is a mobile app and platform that connects passengers to bus operators. The platform enables its users to search, compare, and book city-to-city bus tickets for any location and from any location. Read More>>
Latest Reports Published in Draup
CompuCom Account Intelligence Report
CompuCom is keen on improving end-to-end technology in remote locations and creating a digital workplace for enterprise-level businesses. The company has11 outsourcing partners, with Mindtree Tech being the major service provider for CompuCom. Read More>>
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