Press Releases

Third Wave Automation announces investment from Qualcomm Ventures, Zebra Technologies

Union City, United States – Third Wave Automation (TWA), a provider of high-reach autonomous forklifts, has announced an investment by Qualcomm Ventures and Zebra Technologies, bringing total funding to [$70 million (€65.64 million)]. (more…)

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February 21, 2023

Posted by: Janmesh Chintankar

Databento, Napatech collaborate on solutions for real-time financial data

Databento, a platform to offer market data on a usage-based pricing model and Napatech, a provider of programmable smart network interface cards (SmartNICs) for data processing unit (DPU) and infrastructure processing unit (IPU) services in telecom, cloud, enterprise, cybersecurity, and financial applications worldwide, have announced that their collaboration on packet capture infrastructure for real-time financial data. (more…)

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January 16, 2023

Posted by: Janmesh Chintankar

Motorola Solutions invests in Brazil’s talent to innovate public safety software

Sao Paulo, Brazil – Motorola Solutions announced the opening of its new software design centre in Sao Paulo, Brazil, focused on innovating the next generation of software to help public safety agencies overcome current and future security challenges, making communities safer and businesses to stay productive and secure. (more…)

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September 22, 2022

Posted by: Janmesh Chintankar

Litmus raises $30mn in Series B funding led by Belden

San Jose, United States – Litmus announced it has closed [$30 million (€29.97 million)] in Series B funding to cap a period of exceptional growth in adoption of its Industrial IoT Edge platform. The Series B was led by Belden with participation from other investors whose confidence in Litmus signals the strength of Litmus Edge as the standard data platform for Industry 4.0. (more…)

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September 19, 2022

Posted by: Janmesh Chintankar

GrubMarket acquires IOT Pay to enter financial services sector for the American food supply chain industry

San Francisco – GrubMarket announced it has completed the acquisition of Vancouver, Canada-based IOT Pay, a fintech company that provides omnichannel payment services that allow merchants to accept payments both in-store and online on a global scale. GrubMarket will leverage IOT Pay’s technology and payments infrastructure to address the food supply chain industry’s accelerating need for faster, more flexible, and more robust digital payment and financing opportunities. (more…)

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August 10, 2022

Posted by: Janmesh Chintankar

CODA raises over £3mn to digitalise the built environment with smart IoT solutions

Innovative IoT and digitalisation business, CODA Cloud Ltd, has raised £3.2 million (€3.72 million) with UIL Limited, an investment fund managed by ICM Ltd, acting as investor. (more…)

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June 22, 2022

Posted by: Janmesh Chintankar

Paysend helps people in the UK to improve their financial health with Paysend grow

London, United Kingdom. 06 April, 2022 – Paysend, the UK-based fintech with over 6.5 million customers, announces the launch of two new products to help customers improve their financial health: Credit Builder and Pay Later. (more…)

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April 8, 2022

Posted by: Anasia D'mello

Zimperium to be acquired by Liberty Strategic Capital to accelerate mission of strengthening mobile security

Dallas, United States. 29 March, 2022 – Zimperium, the mobile security platform purpose built for enterprise environments, announced it will be acquired for approximately $525 million (€471.14 million) by Liberty Strategic Capital, the private equity firm founded and led by former US secretary of the treasury Steven T. Mnuchin. (more…)

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March 30, 2022

Posted by: Anasia D'mello

California-based Mobileum to acquire roaming, fraud and revenue management firm WeDo Technologies

Two specialists in roaming, revenue assurance, and fraud management are joining forces to strengthen their solutions and support for the telecommunications industry. Cupertino, California-based Mobileum Inc., a global provider of analytics-based roaming and risk management solutions, is to acquire WeDo Technologies. (more…)

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August 16, 2019

Posted by: Anasia D'mello

IMS Evolve brings in ex-banker and E.ON exec Weber as CFO to support international expansion

Milton Keynes, UK. October 2, 2017 – IMS Evolve, specialists in Internet of Things (IoT), big data and machine management solutions, has appointed Arne Weber to the position of chief financial officer (CFO). His brief is to strengthen the company’s finance department, and support its rapid international expansion and business development. (more…)

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October 2, 2017

Posted by: Jeremy Cowan