Category: IT Management

BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company

BASF and Carlyle reach binding transaction agreement on coatings business to create a leading standalone company

BASF and funds managed by global investment firm Carlyle (NASDAQ: CG), in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (“BASF Coatings”). The enterprise value of the transaction amounts to €7.7 billion. Subject to customary regulatory approvals, the transaction is expected to close […]

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The Cat Health Company Raises $1.2M to Give Cats a Longer, Healthier Life

The Cat Health Company Raises $1.2M to Give Cats a Longer, Healthier Life

In a move that could change the lives of felines everywhere, The Cat Health Company announced today it has secured additional $1.2 million in financing to fuel the company’s groundbreaking work in longevity therapeutics, with a focus on helping cats have longer and healthier lives. Portfolia’s Active Aging & Longevity Fund II has invested in this round alongside Sonia Arrison’s […]

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Early Game invests €1.5 million in job marketplace YOX

Early Game invests €1.5 million in job marketplace YOX

Early Game Ventures announces a new seed investment in YOX, which promises to revolutionize the blue-collar job market with the help of AI. The €1.5 million round will allow the startup to expand internationally. Frontline Hiring in Future: Finding a job has not really changed since the era when you had to use a pen to circle some job ads […]

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Endava Sustainability Report 2025: 7% reduction in indirect emissions and a 94% participation rate in Endava University – among the main achievements

Endava Sustainability Report 2025: 7% reduction in indirect emissions and a 94% participation rate in Endava University – among the main achievements

Endava (NYSE: DAVA), a leading next-generation technology services provider whose AI-native approach combines cutting-edge technology with deep industry expertise, has launched its annual Sustainability Report, ”We Care”, for the financial year that ended on June 30th, 2025. For the fifth consecutive year, the company showcases mature ESG steps for a better future, from sustainable climate actions to responsible AI, at […]

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Vodafone Romania announces signing of legal documents to acquire Telekom Romania

Vodafone Romania announces signing of legal documents to acquire Telekom Romania

Vodafone Romania announces signing of relevant legal documents for the transaction to acquire Telekom Romania Mobile Communications. The total value of the transaction is €30 million, which refers exclusively to the elements intended for acquisition by Vodafone Romania. With the closing of the transaction, estimated for the beginning of October this year, Vodafone will take over the control of Telekom […]

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Compass Datacenters and Schneider Electric Announce Prefabricated White Space Module to Accelerate Data Center Delivery Timelines

Compass Datacenters and Schneider Electric Announce Prefabricated White Space Module to Accelerate Data Center Delivery Timelines

Compass Datacenters and Schneider Electric have jointly engineered a pre-fabricated, modular solution for data center end-to-end space optimization (white space fit-out). The traditional design and approach to building out the power, cooling and IT networking equipment for data centers relied on multiple parties installing varied pieces of equipment, and has been slow, inefficient and prone to errors. Today’s growing demand […]

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Connections reports financial results above estimates in the first half of 2025 and confirms sustainable growth trajectory

Connections reports financial results above estimates in the first half of 2025 and confirms sustainable growth trajectory

Connections (ticker symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces consolidated financial results above the forecast level, performance supported by efficient execution, balance between business segments and developments in the public & private software area. During January–June 2025, operating revenues reached RON 48.5 million, up 9% above the half-year estimates and […]

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AUSTRIACARD HOLDINGS AG (ACAG) positioned for sustained growth in the second half of the year

AUSTRIACARD HOLDINGS AG (ACAG) positioned for sustained growth in the second half of the year

Resilient strategic progress, with Document Lifecycle Management and Digital Technologies maintaining strong momentum, despite market normalization in payment cards category in Türkiye • Group Revenues of €163.6m (16% reduction vs. H1 2024), primarily reflecting continued normalization in the Turkish payment card market, a temporary moderation vs. last year’s significant contribution of metal card sales to Fintech in Europe as well […]

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Vertiv acquires Generative AI software leader Waylay NV to enhance critical digital infrastructure operational intelligence, optimization, and services

Vertiv acquires Generative AI software leader Waylay NV to enhance critical digital infrastructure operational intelligence, optimization, and services

Acquisition to strengthen Vertiv’s comprehensive portfolio of digital infrastructure solutions with AI-based infrastructure monitoring, predictive services, and performance optimization   Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced it has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms, as part of its continued investment in AI-driven monitoring and control technologies […]

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Schneider Electric and E.ON Sign Long-Term Agreement to Accelerate the Energy Transition with SF₆-Free Medium Voltage Switchgear

Schneider Electric and E.ON Sign Long-Term Agreement to Accelerate the Energy Transition with SF₆-Free Medium Voltage Switchgear

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the signing of a long-term framework agreement with E.ON, one of Europe’s largest energy companies. This strategic partnership marks a significant step forward in the deployment of sustainable and digital-ready energy infrastructure across Europe. Schneider Electric will support E.ON’s ambitious goals with its latest SF6-free […]

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Early Game invests €1 Million in space tech startup Orbital Matter

Early Game invests €1 Million in space tech startup Orbital Matter

By combining liquid materials with an extrusion printing method, Orbital Matter has developed and patented a method to make objects in space, reducing launch weight by up to 70% and launch volume by 10 times. Their first launch in space proved the core parts of the technology and achieved a NASA Technical Readiness Level of 5. With Early Game’s investment, […]

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Endava’s Payments Report: 85% of Fintech directors plan market expansion, a trend that can also contribute to the growth of the Romanian ecosystem

Endava’s Payments Report: 85% of Fintech directors plan market expansion, a trend that can also contribute to the growth of the Romanian ecosystem

Endava, the technology-driven business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, reveals that 85% of fintechs directors are planning to expand into new markets, 77% planning such expansion within 1-3 years, according to its latest report, “Powering Growth in the Global Payments Race” in partnership with Censuswide.  The survey was based on 500 senior […]

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