Day: September 12, 2024

Telenor Group today announced its expanded partnership with Google Cloud to accelerate Telenor’s digital transformation through advanced data capabilities. Telenor Group is a leading technology-driven communication services provider across the Nordics and Asia. Underpinning Telenor’s AI-First strategy and cloud-native ambitions, Telenor is transforming how it harnesses the power of its data, partnering with Google Cloud to deliver a unified data and analytics platform that will enhance customer experience, support new product development, and simplify operations. Leveraging Google Cloud’s portfolio of data and analytics products and solutions, Telenor will use Google Cloud’s BigQuery, integrated with Vertex AI and Looker, to transform existing on-premise data platforms across Telenor’s Nordic businesses into a harmonized cloud-native...

Enters Asset Purchase Agreement with Existing Lenders Commences Voluntary Chapter 11 Cases to Facilitate Efficient Sale; Expects to Complete Process in the Fourth Quarter of 2024 Secures Commitment of Approximately $122 Million in Debtor-in-Possession Financing Continues to Serve Customers as Usual with Leading Technology-Enabled Digital Performance Advertising Solutions CLEARWATER, Fla., Sept. 11, 2024 (GLOBE NEWSWIRE) — Digital Media Solutions, Inc., (“DMS” or the “Company”), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced it has entered into an asset purchase agreement (the “APA”) with existing lenders (the “Lenders”), including a consortium of leading financial institutions. In addition, the Company has secured an approximately $122 million...

Hepsor, together with its partner Elysium Investments, has acquired a development project consisting of 11 properties in downtown Toronto’s High Park area. High Park is one of Toronto’s most sought-after residential areas, offering abundant greenery, excellent recreational opportunities, and convenient access to public transportation. The development area is planned to feature a high-rise building with rental apartments in two towers, which will help alleviate Toronto’s growing housing shortage. The High Park development is the fourth similar project in Toronto in which Hepsor has taken a position in the last 18 months. At the same time, High Park is the first project where Hepsor plans to include Estonian private capital investors. The total investment value of the property and the first phase of the project is approximately...

SYDNEY, Sept. 12, 2024 (GLOBE NEWSWIRE) — SIMPPLE Australia Pty Ltd, a subsidiary of SIMPPLE Ltd. (NASDAQ: SPPL, “SIMPPLE”, “the Company”) and a leading technology provider in the integrated facility management sector, was announced as the winner of the ISSA Excellence Award (Innovation) for Large Equipment. As part of the annual awards program organised by the International Sanitary Supply Association (ISSA), the worldwide cleaning industry association recognised the most innovative and high-quality cleaning and facility solutions products and services at this year’s ISSA Cleaning & Hygiene Expo 2024 in Sydney, Australia. James Yatras, Director of SIMPPLE Australia Pty Ltd, expressed his appreciation, stating, “We are honoured to receive recognition from the Business Intelligence Group for our new range of A.I. spot...

GAITHERSBURG, MD, Sept. 11, 2024 (GLOBE NEWSWIRE) — 99 Acquisition Group, Inc. (Nasdaq: NNAG) (the “Company”) announced that it will not be able to complete its previously announced business combination with Nava Health MD, Inc. As a result, the Company intends to dissolve and liquidate on or about September 13, 2024. The Company will redeem all of the outstanding public shares of common stock (the “Public Shares”) at an expected per-share redemption price of approximately $10.55. As of the close of business on September 13, 2024, the Public Shares will be deemed cancelled and will represent only the right to receive the expected per-share redemption price. In order to provide for the disbursement of funds from the trust account, the Company has instructed the trustee of the trust account to take all necessary actions to liquidate...