Sabre Corporation said it has entered into an agreement to acquire Farelogix. Farelogix offers management and NDC order delivery technology used by many of the world’s leading airlines. The company said in a statement that it expects that upon close, the acquisition will allow the company to accelerate delivery of […]
After much preparation, SoftBank Group Corp will be launching its initial public offering where it plans to raise up to $21 billion from the public for its mobile unit. SoftBank is a Japanese multinational holding conglomerate headquartered in Tokyo, Japan. The company wholly owns Softbank Corp., Softbank Vision Fund, Arm […]
Visa Inc., said it has appointed Aida Diarra as Senior Vice President and Group Country Manager for Visa SSA, effective 1 November 2018. The company said in an emailed statement that Diarra will oversee all Visa operations in forty-eight markets across Sub-Saharan Africa. She will report to Visa’s Regional President […]
Adobe said it has completed the acquisition of Marketo, a B2B marketing engagement platform. The company said in a statement that it plans for its customers to benefit from the combination of Adobe Experience Cloud’s analytics, personalization and content capabilities with Marketo’s lead management, account-based marketing and revenue attribution technology, […]
Vskit, Africa’s largest short video community with nearly 5 million users in 7 months is today hosting its First Talent Conference in Lagos Nigeria. Vskit mobile app allows anyone to create, share and watch awesome short videos and meet more interesting new friends. Tagged the First Talent Conference, Vskit is […]
Kinnevik AB today announced that it has invested SEK 443m in GoEuro, the leading booking platform for transport across Europe. The Swedish technology investor said in a statement that the investment was made in partnership with Temasek, the Singapore based investment company. GoEuro is a travel platform that allows customers […]
After its plan to acquire Konga failed to pull through, Interswitch, Nigeria’s largest payment processor, has finally floated its own eCommerce site. Called Quickteller Global Mall, the company said the mall will allow customers to shop directly from over 100 international stores, including: Amazon, Zara, eBay and Macy’s, and pay […]
Renowned philanthropist and business leader who co-founded the company more than four decades ago, Paul Allen has passed on at the age 65. Allen died Monday from complications of non-Hodgkin’s lymphoma, according to a statement from Vulcan Inc. on behalf of the Allen family, Vulcan Inc. and the Paul G. […]
Google recently announced that it is shutting down Google+, the search giant’s personalized social search platform after several user data were stolen. Facebook also came under intense criticism after Cambridge Analytica was exposed to have access to millions of its users’ data for information weaponization and propaganda for politicians. While […]
In a $600 million deal, Apple Inc., is buying parts of Dialog Semiconductor Plc. The investment is a partnership that will see Dialog licensing certain of its power management technologies, transfer certain of its assets and over 300 employees to Apple to support chip research and development. Apple will pay […]