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Slack: Why is this loss-making tech firm worth $20bn?

2019-06-21 23:33:34| BBC News | Business | UK Edition

The messaging app has investors piling in on hopes it can replace email for workplace communication.

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Tieto agrees merger with Evry to form IT firm with EUR 3 billion revenue

2019-06-18 11:01:00| Telecompaper Headlines

(Telecompaper) Finnish software firm Tieto and Norwegian consultancy Evry said they have agreed to merge to form a digital services and software company with combined revenue of nearly EUR 3 billion and a workforce of 24,000 people. The combined company will be named TietoEvry and it will serve thousands of enterprise and public sector customers in more than 90 countries.

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Huawei founder says firm to cut output amid US curbs

2019-06-17 11:20:59| BBC News | Business | UK Edition

The Chinese telecoms firm has faced increasing pressure from the US over the security of its products.

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Houston Oil Firm Lands $500 Million Backing For Nonop Deals

2019-06-12 22:15:39| OGI

Houston-based Glendale Energy Ventures formed a $500 million partnership with TPG Sixth Street Partners to acquire nonop oil and gas properties throughout the U.S. 

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Norways Aker Eyes IPO, Merger For Cognite Software Firm

2019-06-12 19:00:52| OGI

Cognite, in which Norwegian investment firm Aker owns a 65% stake, has customers in Europe, including oil and gas firms Aker BP, Lundin Petroleum, OMV and Wintershall DEA.

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