Category: Capital Markets

FIS to Acquire WorldPay

Mar 19, 2019

JACKSONVILLE, FL & CINCINATTI, OH – FIS, a global leader in financial services technology, and Worldpay, Inc. a global leader in eCommerce and payments, announce that they have entered into a definitive merger agreement. This combination greatly expands FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increases Worldpay’s distribution footprint, accelerating its […] more

JACKSONVILLE, FL & CINCINATTI, OH – FIS, a global leader in financial services technology, and Worldpay, Inc. a global leader in eCommerce and payments, announce that they have entered into a definitive merger agreement. This combination greatly expands FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increases Worldpay’s distribution footprint, accelerating its […] more

Gulf Bank Partners with Dell for Tech Innovation, Includes Three Kuwaiti Data Centers

Mar 19, 2019

KUWAIT — Gulf Bank, one of the leading financial institutions in Kuwait, has announced a strategic agreement with Dell Technologies. Gulf Bank will leverage industry-leading storage management and data protection solutions by Dell Technologies, to ensure maximum return on their investment. This collaboration was announced at the Dell Technologies Forum held at Jumeirah Messilah’ Beach […] more

KUWAIT — Gulf Bank, one of the leading financial institutions in Kuwait, has announced a strategic agreement with Dell Technologies. Gulf Bank will leverage industry-leading storage management and data protection solutions by Dell Technologies, to ensure maximum return on their investment. This collaboration was announced at the Dell Technologies Forum held at Jumeirah Messilah’ Beach […] more

Ping An Overseas Holdings Invests $150 Million USD in GDS

Mar 15, 2019

SHANGHAI, CHINA — GDS Holdings Limited, a developer and operator of high-performance data centers in China, has announced a $150 Million USD equity investment by China Ping An Insurance Overseas Holdings Limited, a subsidiary of Ping An Insurance Group Company of China. The investment will be in the form of convertible preferred shares. GDS will […] more

SHANGHAI, CHINA — GDS Holdings Limited, a developer and operator of high-performance data centers in China, has announced a $150 Million USD equity investment by China Ping An Insurance Overseas Holdings Limited, a subsidiary of Ping An Insurance Group Company of China. The investment will be in the form of convertible preferred shares. GDS will […] more

Pantheon Raises $40 Million USD

Mar 14, 2019

SAN FRANCISCO, CA — Pantheon, a website operations platform for agile marketers, has announced the close of $40 million in Series D growth financing led by Sageview Capital, with participation from existing investors Foundry Group, Scale Venture Partners, and Industry Ventures. With this investment, Ned Gilhuly, Co-Founder and Managing Partner of Sageview Capital, will join […] more

SAN FRANCISCO, CA — Pantheon, a website operations platform for agile marketers, has announced the close of $40 million in Series D growth financing led by Sageview Capital, with participation from existing investors Foundry Group, Scale Venture Partners, and Industry Ventures. With this investment, Ned Gilhuly, Co-Founder and Managing Partner of Sageview Capital, will join […] more

Nvidia Likely to Acquire Mellanox Technologies For Over $7 Billion USD

Mar 11, 2019

SAN FRANCISCO, CA — Reuters is first reporting that Nvidia is close to finalizing a deal to acquire networking IC vendor Mellanox Technologies for over $7 Billion USD in cash, outbidding Intel, who also made a play for the firm. Representatives from Nvidia, Mellanox and Intel alike are all declining to comment, but Reuters and […] more

SAN FRANCISCO, CA — Reuters is first reporting that Nvidia is close to finalizing a deal to acquire networking IC vendor Mellanox Technologies for over $7 Billion USD in cash, outbidding Intel, who also made a play for the firm. Representatives from Nvidia, Mellanox and Intel alike are all declining to comment, but Reuters and […] more