SHENZHEN, China, Jan. 29, 2021 — Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE:TME), the leading innovative online music entertainment platform in China, today announced that a consortium (the "Consortium"), which is led by Tencent Holdings Limited (00700.HK) and comprising the Company (through one of its wholly-owned…
Veritas Extends Cloud Capabilities Across Its Platform
Acquires HubStor to expand enterprise SaaS data protection in the cloud SINGAPORE, Jan. 27, 2021 — Veritas Technologies, a global leader in data protection, availability and insights, is today announcing major updates to its Enterprise Data Services Platform to provide customers with a…
Launch of KAKAO ENTERTAINMENT through strategic merger of Kakao Page and Kakao M
-On 1/25, BoDs of Kakao Page and Kakao M resolved to merge two companies into KAKAO ENTERTAINMENT -KAKAO ENTERTAINMENT will have an unparalleled value chain which compromises of 50 subsidiaries and affiliates across all verticals of the entertainment industry -The synergy of combined assets will set the ground for KAKAO…
CLPS Incorporation Invests in E-Commerce to Diversify Its Business Model
HONG KONG, Jan. 22, 2021 — CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced its strategic investment, through its wholly owned subsidiary, ChinaLink Professional Services Co. Ltd., in Shanghai Shier Information Technology Co., Ltd. ("SSIT"), an e-commerce services provider. CLPS has indirectly taken 35% ownership stake in SSIT…
Acorn International’s Shareholders Approve Going Private Transaction
SHANGHAI, Jan. 22, 2021 — Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a leading marketing and branding company in China, today announced that at an extraordinary general meeting of shareholders (the "EGM") held today, the Company’s shareholders voted in favor of, among other things, the proposal to authorize and approve…
Planon acquires a majority stake in real estate software company Reasult B.V.
NIJMEGEN, Netherlands, Jan. 20, 2021 — The Planon Group and Reasult today announced that Planon has acquired a majority share in Reasult B.V., founded in 2000 and headquartered in Ede (The Netherlands). Reasult is a software company that optimises the financial performance of real estate portfolios and projects. Reasult’s leading software…
Cognizant to Acquire Servian, a Leading Australian Data and Analytics Consulting Firm
Acquisition Will Enhance Cognizant’s Digital Portfolio and Market Presence in Australia and New Zealand SYDNEY, Jan. 11, 2021 — Cognizant (Nasdaq: CTSH) today announced it has entered into an agreement to acquire Servian, a Sydney, Australia-based, privately-held enterprise transformation consultancy specializing in data analytics, artificial…
Hollysys Announces Management’s Plan to Purchase Public Market Shares
BEIJING, Jan. 8, 2021 — Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announces that it has been notified that certain members of the Company’s management team plan to purchase the Company’s ordinary shares from the public market at market prices. The share purchases will be conducted by…
Hollysys’ Board of Directors Rejects Unsolicited Offer
BEIJING, Jan. 8, 2021 — Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), today announced that its Board of Directors (the "Board"), after careful review and consideration and with the assistance of its executive management team as well as outside financial and legal advisors, has determined that the…
Cotecna acquires Fitosoil Laboratorios SL
GENEVA, Jan. 6, 2021 — Cotecna is pleased to announce the acquisition of Fitosoil Laboratorios SL, a leading Spanish laboratory in the agriculture and food safety market. Founded and managed by Don Antonio Abellán, Fitosoil employs 70 highly qualified technicians in its laboratory…