Search results for private equity
AI & Enterprise
Razer CEO says AI IPO supercycle is just beginning
Min-Liang Tan, co-founder and CEO of Singapore gaming hardware company Razer, said a surge of AI company IPOs is only at an early stage. He said more waves of new listings are likely beyond OpenAI, Anthropic and SpaceX. SpaceX is set for an IPO on June 12 and is targeting a valuation of about $1.77 trillion. Razer delisted in 2022 to focus on long-term AI investment.
AI & Enterprise
Minish Technology raises 30 billion won from VIG Partners at 150 billion won valuation
Health tech company Minish Technology said on May 28 it raised 30 billion won in investment from South Korean private equity firm VIG Partners, which valued the company at 150 billion won. VIG will secure a 20 percent stake through the investment. Minish Technology said VIG decided to invest after highly rating its natural tooth preservation and anti-ageing technology. The company supplies its tooth restoration solution to provider dental clinics.
Industry
Lotte Energy Materials revamps copper foil portfolio
Lotte Energy Materials is selling a 90% stake in its unit Lotte Ecowall and will focus on strengthening competitiveness in its copper foil business. It signed a share purchase agreement with Realsun Private Equity, it said on Thursday. The company plans to use the proceeds to invest in four high value-added products, including circuit foil for AI data centres and ultra-thin foil for semiconductors.
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Finance
Korea moves toward principle ban with exceptions for duplicate listings, shareholder safeguards in focus
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AI & Enterprise
AI-era SI business emerges as major tech firms launch FDE push
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Games & Commerce
Delivery Hero pushes 8 trillion won sale of Woowa Brothers
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AI & Enterprise
Google to hire hundreds of forward deployed engineers to support enterprise AI rollouts
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AI & Enterprise
OpenAI forms joint venture to help companies adopt AI, buys AI consulting and engineering firm Tomoro
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AI & Enterprise
Big Tech stirs on personal AI agents as SaaS-pocalypse wavers
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Crypto
Bullish to acquire Equiniti, integrate shareholder management and tokenisation platform
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AI & Enterprise
OpenAI, Anthropic set up AI joint ventures with private equity firms to battle for enterprise market
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AI & Enterprise
Anthropic seeks to set up AI consulting joint venture with Blackstone, Goldman Sachs and others
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AI & Enterprise
ITCEN Global to issue 40 billion won convertible bonds to expand new business investment
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Finance
Retail investor fund backing advanced industries to launch in May, drawing mixed hopes and worries
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AI & Enterprise
Data centre cooling industry shake-up gains pace as Phononic pursues sale
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Industry
China LED chip maker Sanan Optoelectronics drops bid for Dutch firm after U.S. security review
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AI & Enterprise
Commvault reviews sale options after receiving bids
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Crypto
Fed chair nominee Wash discloses over $100 million in assets, including crypto and AI investments