Tuesday, August 16, 2022

Medline International to acquire medical products supplier ASID BONZ

0
Medline International B.V., a manufacturer of healthcare supplies in Europe, and Medi-Globe Group, headquartered in Germany, announced that Medline has entered into a definitive agreement to acquire 100% of shares of ASID BONZ GmbH from Medi-Globe Group. ASID BONZ is a leading supplier to hospitals in Germany, offering high-quality surgery, anesthesia, ward-supply and urology products. ASID BONZ was founded in 1811 and is known worldwide for the development of the first anesthetic ether. In 2021, ASID BONZ recorded over 30million Euros in revenues and served over 1100 hospitals in Germany.

Fidel API raises $65m to enable the future of programmable money

0
Fidel API, a global financial infrastructure platform, announced it has raised $65m in Series B funding. The round was led by Bain Capital Ventures, with participation from investors NYCA Partners, QED Investors and more. It brings Fidel API’s total funding to $88m since inception. Fidel API enables developers to create programmable experiences that enhance the value of using and accepting payment cards.

The effects of the Russia-Ukraine conflict on the financial markets

0
It’s fair to say that the global political and economic landscape has shifted in recent weeks due to the war between Russia and Ukraine. Since last month’s 'special military operation’ first took hold – perhaps marking the largest land war since 1940 – it would be fair to assume that the financial markets would have been heavily impacted by the conflict. In reality, it is not always possible to predict how war will impact the world, let alone the stock markets. If we look back at other moments of conflict in recent history, examples show that the markets remain relatively composed in response to geopolitical events.

Gupshup acquires Active.Ai, a conversational AI platform for fintech

0
Gupshup, a company in conversational engagement, announced the acquisition of Active.Ai, a Conversational AI platform used by banks and Fintech firms. The acquisition strengthens Gupshup’s customer experience (CX) solutions for BFSI customers. Headquartered in Singapore, Active.Ai serves BFSI clients across 43 countries with a Conversational Banking as a Service (CBaaS) platform that helps clients engage millions of consumers. It has enabled over 300 million interactions via voice, video and messaging, managed over 30 million requests and fulfilled 50 million enquiries, with 95% accuracy.

STACK Infrastructure announces senior leadership hires for EMEA

0
STACK Infrastructure, the digital infrastructure partner to the world’s most innovative companies, today announced that it has appointed two experienced data center industry professionals to its EMEA leadership team. John Eland has joined as Chief Executive Officer, STACK EMEA and Adam Tamburini has joined as Chief Hyperscale Officer, STACK EMEA.

Mimecast opens office in Singapore to continue expansion in Asia Pacific

0
Cyber resilience company Mimecast Limited, has announced it is continuing its expansion in APAC by establishing an office in Singapore as a regional hub for focus on South-East Asia. The company has appointed Stanley Hsu as its Regional Vice President, to help improve the cybersecurity posture of organisations and supply chains, in this expansion in the APAC region. For Mimecast, South-East Asia is a focused strategic growth market.

Spine Innovations marks milestone as international demand increases

0
Since its formation as a wholly independent company in late 2020, Spine Innovations has continued to expand sales of its ESP spinal disc replacements, with more than 20,000 prostheses successfully implanted in patients around the world. At the same time, Spine Innovations continues to expand its market reach. The company is now active in 17 countries, including new markets within Europe that opened in 2021.

European Union’s Digital Market Act isn’t good enough for online users

0
Several global digital specialists have praised the EU’s Digital Market Act, but say its primary aim is to foster competition among tech companies while trying to reign in some of the tech giants. They say its primary focus is not protecting the personal information of digital users.

Fourth Tommy Hilfiger fashion edition calls upon all social entrepreneurs

0
Tommy Hilfiger, which is owned by PVH Corp., is pleased to announce that applications for the fourth edition of the Tommy Hilfiger Fashion Frontier Challenge are open. The global program echoes Tommy Hilfiger’s sustainability vision to Waste Nothing and Welcome All, amplifying and supporting new voices in the world of social entrepreneurship who are shaping scalable and disruptive innovations to create a more inclusive future of fashion.

Netcore Cloud takes majority stake in Unbxd Inc, after $100m investment

0
Netcore Cloud, an SaaS company in customer communication, engagement, and retention, bets big on Personalization with its investment of close to $100m to acquire a majority stake in US-based, search-personalization company Unbxd Inc. It will also be infusing additional funding into Unbxd to propel the company's growth in developed markets. Founded by Pavan Sondur and Prashant Kumar in 2012, Unbxd is a 120-member team and has built a best-in-class AI-powered Product Discovery suite.