Pricefx Acquires French AI Pricing Software Startup Brennus Analytics
7th May 2020 - Pricefx, a native cloud pricing software company, has announced it has acquired Brennus Analytics, an AI pricing software start-up based in France. Brennus uses a modular, proprietary AI technology to provide unique optimization capabilities highly applicable to the challenges of complex B2B environments. The transaction will bring state-of-art technology and a team of exceptionally talented AI and data science professionals to accelerate Pricefx's AI capabilities in its price optimization software. Marcin Cichon, CEO and co-founder at Pricefx, said: "In today's fast-moving business climate, being able to use pricing as a lever to achieve revenue and profit goals is more important than ever. The AI technology and deep bench of talent we are bringing in from Brennus will enable us to deliver strategic product enhancements that will allow Pricefx to set a new standard for price optimization. With Brennus, Pricefx is building on the impressive momentum we have already created in serving our customers with fast, flexible and friendly solutions for the past 9 years. Our goals and vision remain unchanged: using our Passion for Pricing to deliver the best pricing platform on the planet."
Rockwell Automation has Acquired Kalypso, LP, Expanding its Connected Enterprise Consulting Expertise
Milwaukee - 4th May 2020 - Rockwell Automation, Inc, a global industrial automation and digital transformation company, has completed the acquisition of Kalypso, LP. Based in the US, Kalypso is a software delivery and consulting firm specializing in the digital evolution of industrial companies with a strong client base in life sciences, consumer products and industrial high-tech. Kalypso offers a full suite of consulting, digital innovation, enterprise technology and business process management services that enable the transformation of product design and development, production management, and client service models. https://www.rockwellautomation.com/en_NA/overview.page
Intel Acquires Moovit to Accelerate Mobileye’s Mobility-as-a-Service Offering
Santa Clara, California – 4th May 2020 – Intel Corporation has announced it has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit is known for its urban mobility application that offers travelers around the world, multimodal trip planning, by combining public transportation, bicycle and scooter services, ride-hailing and car-sharing. The addition of Moovit brings Intel’s Mobileye closer to achieving its plan to become a complete mobility provider, including robotaxi services, which is forecast to be an estimated $160 billion opportunity by 2030. “Intel’s purpose is to create world-changing technology that enriches the lives of every person on Earth, and our Mobileye team delivers on that purpose every day,” said Bob Swan, Intel CEO. “Mobileye’s ADAS technology is already improving the safety of millions of cars on the road, and Moovit accelerates their ability to truly revolutionize transportation – reducing congestion and saving lives – as a full-stack mobility provider.”
ROIKOI is Joining Forces with Terminal To Reinvent the Future of Hiring
San Francisco – 23rd April 2020 - Terminal, a company that builds world-class remote engineering teams for high-growth tech companies, has announced it has acquired talent-mapping software company, ROIKOI. The acquisition combines Terminal’s global reach, recruiting expertise and expansive engineering base with ROIKOI’s AI-powered sourcing technology to identify and automatically engage with top talent. ROIKOI’s talent acquisition platform will be available to all clients immediately, marking a critical advance in repairing the broken recruiting process with the most powerful hiring solution on the market. "Fast-growing startups turn to Terminal to quickly hire elite engineers that fit their precise needs, and with ROIKOI we continue to add new technology and services that do that better than anyone else," said Clay Kellogg, CEO of Terminal. "Given the economic pressures around COVID-19, companies are being extra selective to hire engineers who best fit their business needs. Terminal already accelerates the traditional hiring process by 40%; ROIKOI's AI technology adds rocket fuel to swiftly match startups with the ideal engineers to help achieve breakout velocity."
Law Enforcement Tech Company Omnigo Acquires QueTel
Dallas, TX - 9th April 2020 – Omnigo Software, a leading provider of public safety, incident, and security management solutions, has acquired QueTel Corporation, the premier digital and physical evidence management platform in North America. The combination reaffirms Omnigo and QueTel’s commitment to delivering innovative software solutions that help public safety officers and personnel more efficiently perform their day-to-day activities, across law enforcement, education, healthcare, gaming, hospitality, corporations, and crime laboratories. “This strategic acquisition presents significant new opportunities for both Omnigo and QueTel to expand upon the portfolio of public safety and security tools delivered to customers,” said Michael Davis, CEO of Omnigo Software. “QueTel has remained a constant innovator in evidence management and tracking solutions. Their offerings allow security and safety personnel to spend more time in the field, while ensuring evidence and materials are property maintained.”
Astra Capital Acquires Majority Stake in Edge Specialist DartPoints
Dallas, TX – 5th May 2020 – DartPoints Holding Company, LLC, an owner and operator of edge colocation data centers, has received a majority investment from Astra Capital Management, a private equity firm that invests in growth businesses in the communications and technology services sectors. Astra will invest significant capital to support DartPoints’s expansion across North America through a buy and build strategy. In addition, Scott Willis, a seasoned telecommunications executive, has joined DartPoints as President & CEO, effective immediately. “On behalf of the DartPoints team, I am happy to welcome Astra and Scott Willis,” said Hugh Carspecken, DartPoints Founder and Chief Strategy Officer. “Astra’s expertise, capital and global network combined with Scott’s leadership and vision will fuel our growth and help us meet the increasing need for edge colocation data centers.” Brian Kirschbaum, a Partner at Astra, said: “DartPoints is an innovator in the data center industry, which is undergoing significant evolutionary changes. Application performance, cost and resiliency are forcing customers toward a more distributed IT infrastructure. Our investment will support DartPoints’s growth through the acquisition of existing data centers and the build out of edge colocation data centers.”
Tech Sector COVID-19 Helping Hands
Adaptive Biotechnologies and Microsoft launch virtual ImmuneRACE study to inform novel COVID-19 diagnostics to address unmet needs in testing
Seattle and Redmond, Washington – 5th May 2020 - Adaptive Biotechnologies Corp. has announced it has begun enrolling a virtual clinical study, ImmuneRACE, as part of a broader effort it has undertaken with Microsoft Corp. (Nasdaq: MSFT) to rapidly map and measure the immune response to the COVID-19 virus to inform improved diagnostics to fulfill the need for more reliable testing. The study calls for 1,000 participants in select U.S. metropolitan areas impacted by COVID-19. De-identified data will be made freely available to public health officials, academia and industry to help accelerate solutions to the pandemic. LabCorp, through its Covance drug development business, will manage the collection of blood samples and nose/throat swabs from participants in the comfort and safety of their own homes.
Wipro signs MoU with Maharashtra to repurpose Pune IT facility to 450-bed COVID-19 hospital
Bangalore, India - 5th May 2020 - Wipro Limited, a global information technology, consulting and business process services company, has signed a memorandum of understanding with the Government of Maharashtra under which it will repurpose one of its information technology campuses in Hinjewadi, Pune to a 450-bed intermediary care COVID-19 hospital in four weeks and hand it over to the state government by May 30. This is an independent, isolated COVID-19 dedicated complex that includes 24 well-appointed rooms to accommodate doctors and medical staff. Wipro will provide the physical infrastructure, medical furniture and equipment besides appointing an administrator and skeletal support staff to help operationalise the hospital quickly with the required medical professionals. Uddhav Thackeray, Chief Minister, Maharashtra said, “This humanitarian contribution by Wipro will further strengthen our medical infrastructure and benefit the medical fraternity who are at the forefront of our fight against the pandemic.”
Adobe Launches $1 Million Community Fund to Support Creatives in 2020
28th April 2020 - Adobe has announced, in a blog post by Mala Sharma, VP & GM Creative Cloud, the creation of a $1 million Creative Residency Community Fund for 2020. The sum, which will be made available in grants to applicants worldwide, is meant to support the creative community during this incredibly difficult and unprecedented time. The fund was unveiled through Adobe’s blog as an extension of the Adobe Creative Residency program. In past years, Adobe would bring on a new class of creative residents, funding a creative project of their choice for a year and benefitting from the feedback these creatives can provide. However this year the have decided on a change of tack: “This year, in response to the extensive need in the creative community for support due to COVID-19, we’ve decided to restructure the program to benefit many more people.”
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