Displaying items by tag: Hong Kong

A total of 7,966 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January-July 2024, according to the latest report from data and analytics firm GlobalData.

Digital infrastructure company Equinix has invested US$124 million in its International Business Exchange data centre in Hong Kong.

Nokia has announced that Hong Kong Broadband Network Limited (HKBN), a leading telecom and technology solutions provider in Hong Kong, PRC, will deploy its 25G PON fiber solution to provide customers with some of the “fastest, most reliable broadband access speeds in the region”.

COMPANY NEWS: Insight Enterprises (NASDAQ:NSIT), a global Solutions Integrator driving client success through digital transformation, has released its 2024 Insight Corporate Citizenship Report, emphasising the company’s commitment to environmental, social and governance (ESG) initiatives. Insight’s sixth annual report illustrates a focus on ethical business practices in accordance with its membership in the United Nations Global Compact.

Industrial property and digital infrastructure specialist Goodman Group has entered agreements to deliver up to 1,000MW power in Japan, commenced construction of a new 50MW data centre in Tsuen Wan in Hong Kong SAR, and has opened a new regional office in Singapore to support its data infrastructure initiatives in Asia.

GUEST OPINION: Blockchain technology and cryptocurrency are more than mere tech trends, they are revolutionising the complex global financial systems used today by market leaders like JP Morgan, MUFG, Credit Suisse and others.

A hitherto unknown group of attackers has used legitimate certificates signed by Microsoft to attack companies in Asia, the security firm Symantec claims.

The US has put in place further restrictions on China, aiming to reduce the flow of American investment to firms that it claims could help boost Beijing's armed forces.

GUEST OPINION by Krupal Raval, Managing Director, xScale, Equinix: Hyperscalers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud have become a ubiquitous part of our lives. From searching the internet, to online shopping, to storing data in the cloud, few of our online transactions escape their reach. And like other businesses, hyperscalers must continually pursue new business opportunities while tracking the evolving needs of their customers and partners.

The Asia-Pacific (APAC) region has suffered a 4.3% decline in deal activity during 2022, with the decline primarily driven by a significant 16.5% fall in deal activity in China, which accounts for around one-third of the region’s deals volume, reveals  data and analytics company GlobalData.

Geopolitics, rising inflation, Russia-Ukraine war, energy crisis and uncertain economic conditions continue to make a dent in deal-making sentiment across Asia-Pacific (APAC),according to one data and analytics company.

Global commerce platform WEX has selected a veteran from the B2B payments industry, Matthew Arthur, as Vice President for the WEX fleet business across the Asia Pacific region.

Consulting firm Accenture has appointed Andrew JP Levy to its senior leadership team in a newly created role as Chief Corporate and Government Affairs Officer.

Electric vehicle charging software specialist Everty is confident that its best days lie ahead as it continues raising capital raising to expand.

Australian-listed telco Superloop increased revenue to $262.5 million for the 12 months ended 30 June 2022, up by 137% from $110.7 million in the correspoding period in 2021.

The reaction of the Australian media to an address by the Chinese envoy at the National Press Club in Canberra on Wednesday is quite baffling, given that most of what he spoke about has been known for the last 50 years.

COMPANY NEWS: Australia today became the home of a partnership forged between Victoria’s Entrust ICT Solutions Company and Hong Kong-based Cloud-Computing Services giant, ZStack International.

British security researcher Kevin Beaumont has listed details about a backdoor that is claimed to infect Linux systems, with the consulting firm PwC having documented it as well. Both claim the threat emanates from China.

Superloop announced the successful completion of the sale of Superloop (Hong Kong) and select assets from Superloop (Singapore) to Columbia Capital and DigitalBridge Investment Management.
The sale was first announced in October 2021. The gross sale price, before the cost of the Indefeasible Right of Use ('IRU') purchased by Superloop, remained unchanged at A$140 million, with cash settlement proceeds of approximately A$125 million.

Unified customer experience platform Emplifi has launched Emplifi Social Care, part of the its Unified CX Platform. Emplifi Social Care is aimed at powering teams outside of the service centre to help support the volume of customer requests that come in across social media channels.