Saturday, December, 15, 2018 12:26:27

Ebix to acquire India’s foreign exchange firm Weizmann Forex

Ebix Inc., a Nasdaq-listed leading supplier of on-demand software solutions & e-commerce services, is reportedly close to finalizing a deal to acquire India’s largest foreign exchange and domestic remittance company, Weizmann Forex. Ebix is globally renowned for supplying insurance, e-governance, financial and healthcare industries with on-demand e-commerce software …

Microsoft buys Xoxco as it looks to boost AI and bot development

Microsoft has announced that is has acquired Xoxco, an Austin-based software startup which focuses on bot development and conversational artificial intelligence. The value of the deal was not disclosed by the companies, but sources close to the matter commented the acquisition aligns well with Microsoft’s …

AstraZeneca inks deal with Sobi to sell the US rights for Synagis®

AstraZeneca, the pharmaceutical firm headquartered in Cambridge, has confirmed the sale of the U.S. rights to Synagis®, which is used for preventing respiratory tract infections, to specialty biopharmaceutical company Sobi AB. The multibillion-dollar deal would also involve nearly 130 workers being transferred to the Swedish …

Cisco to offer enhanced integrated SD-WAN security & cloud services

Globally renowned network hardware provider, Cisco Systems, Inc., in a bid to offer its customers enhanced IT service, plans to integrate its SD-WAN (software-defined wide-area networking) software with security features while improving support for cloud services. As per Ramesh Prabagaran, Cisco’s Senior Director of Product …