Global

Syntagma Capital announced that it has entered into exclusive negotiations with Lennox International to acquire its European Commercial HVAC and Refrigeration businesses. The division manufactures commercial heating, air conditioning and air handling equipment. The Commercial Refrigeration division designs and manufactures commercial evaporators, condensing units, condensers, and dry coolers. It serves clients in the industrial, retail, logistics, residential, office and HORECA sectors in over 40 countries. The Businesses are headquartered in Lyon, France and employ ca. 940 people across 4 sites and organization.

Corebridge Financial, Inc. announced that it has entered into a definitive agreement to sell its United Kingdom life insurance business currently operating as AIG Life Limited, to Aviva plc for a total consideration of £460 million in cash. The sale transaction is expected to close in the first half of 2024, subject to customary closing conditions including regulatory approvals.

Netcracker Technology announced that it has expanded its partnership with Microsoft to support Netcracker’s recently launched GenAI Telco Solution, which unlocks the potential of generative AI technology to deliver exceptional business value to the telecom industry. Netcracker GenAI Telco Solution leverages the power of OpenAI’s ChatGPT through Azure OpenAI Service to create high-value use cases by harnessing telecom data and knowledge.

InMobi, a provider of content, monetisation and marketing technologies that help businesses fuel growth, has announced its strategic partnership with Ad Net Zero, the climate action program with the mission to accelerate the decarbonisation of the advertising industry. This collaboration underscores InMobi's resolute commitment to sustainability, aligning with Ad Net Zero's mission to revolutionise the advertising landscape through decarbonisation initiatives spanning ad production, distribution, and publication. The global advertising industry is at a critical juncture, as it grapples with the environmental impact of its operations.

Magnite, the world-renown independent sell-side advertising company, has announced a global strategic partnership with Scope3 to make carbon emissions data available across Magnite’s extensive omnichannel inventory. As a result, advertisers will be able to assess their carbon emissions and align their sustainability goals with their campaign performance.

Packet Capture authority Endace announced a technical partnership with global SIEM and observability platform provider Elastic. The partnership brings together the EndaceProbe™ Scalable Hybrid Cloud Packet Capture, Elastic™ Stack and Elastic™ Security, and provides the packet-level network visibility and detailed network metadata that Security and IT teams need when responding to security threats and network or application performance issues.

S-Docs, world-renown specialist in document automation and e-signature, has announced three major upgrades to its flagship document automation solution. Set to be released in separate installments, these new updates include a consolidated document creation workflow, a best-in class template editor experience, and an AI-driven document assistant.

Confluent, Inc., the data streaming firm, announced the Data Streaming Startup Challenge. The Data Streaming Startup Challenge is a global competition that recognises and rewards early-stage startups that are building innovative applications with Confluent. Startups will compete for a grand prize up to $500,000 in equity investment from Confluent, marketing exposure, and access to VCs and Confluent co-founders who will offer seasoned mentorship.

Deputy, the shift work management platform, launched its Deputy HR platform suite to streamline the hiring, onboarding and document management process for shift workers and employers across Australia. With the ABS estimating over 1.8 million potential workers could enter the workforce — a 12% potential increase in the capacity of our labour market — there is an urgent need for a solution that connects firms and job seekers efficiently and effectively.

SolarWinds, a world-renown provider of powerful, secure observability and information technology (IT) management software, announced the launch of new service management and database observability solutions designed to help companies achieve operational excellence, better business outcomes and accelerated innovation across the enterprise.