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Deutsche Bank Ponders Tata Consultancy Tech Sale

October 22, 2020

Deutsche Bank is in talks to sell one of its major technology units to Tata Consultancy Services Ltd, a Mumbai-based conglomerate, according to a report by Bloomberg. Postbank Systems AG, a Bonn-based…

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Micro Focus Shares Tumble Amid Sales Slump and CEO Exit

March 19, 2018

Micro Focus International is entering a crisis, as it warns revenues will drop by a far greater amount than expected. The company, which is Britain’s biggest tech brand, has seen 56% wiped…

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Nomos System: Becoming the Internet of Things’ “Universal Interpreter”

February 6, 2018

There are now around 20 billion connected devices worldwide: just under three for every human being on earth. To say 2018 is the “year of IoT” is a bit like claiming Donald…

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Plutora “Unwinds the Spaghetti” of Highly Complex DevOps

January 30, 2018

There’s a common misconception about banks, Dalibor Siroky says: that they’re old school. Despite what the startup world might think about big financial institutions, he adds, in reality they’re “highly complex software…

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For One Sri Lankan Software CEO, There Was One Obvious Choice for Scale: Scandinavia

September 29, 2017

In 2005, five years after Mano Sekaram founded software engineering firm 99X Technology in Sri Lanka, he was looking to scale internationally. His firm was at the vanguard of a booming tech…

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Jalisco’s Tech Boom: “The New US Government is Helping Mexico”

June 28, 2017

Read the daily news and you’d be forgiven for thinking US-Mexico relations are at a nadir. When it comes to some sectors, however, that isn’t the case. Jalisco State, on Mexico’s Pacific…

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Seerene Bags $14m Series A Funding

January 24, 2017

SaaS analytics platform Seerene has announced a $14 million series A funding round. The injection, led by Berlin-based Lakestar Capital Partners, with additional funding from Munich’s Earlybird Venture Capital, will allow the…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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