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MEXICO CITY, Feb. 3, 2021 /PRNewswire/ SUMA SaaS Holdings (www.sumasaas.com) has announced the acquisition of Bind-ERP (www.bind.com.mx), one of the leading providers of cloud-based enterprise resource planning (ERP) solutions in Mexico, as part of its regional expansion and building upon its vision of empowering millions of small business owners in Latin America via simple, intuitive, world-class financial management Software-as-a-Service (SaaS). The acquisition will provide SUMA with a leading position in Mexico, a country with over 4 million small businesses operating in a highly connected economy.
Matthew Cole, CEO SUMA
Bind-ERP enables SMB owners to manage their operations online, improve financial visibility and collaborate with their accountants all in one place, allowing them to make better business decisions. In a country where 52% of the GDP and 72% of its employment is generated by SMBs, the company serves thousands of clien
By Jon Hemmerdinger2021-01-29T22:25:00+00:00
Supersonic airliner developer Boom Supersonic has hired two senior executives with experience working at globally known aerospace and technology companies.
Boom has also named to its board three new members who have decades of aerospace and finance experience, the company says on 28 January.
The new executives include Boom president and chief commercial officer Kathy Savitt, and chief financial officer Joe Massaquoi.
They join Denver-based Boom as it prepares to begin flight testing a supersonic demonstrator called XB-1 in 2021.
Boom is using that jet as a step toward developing Overture, a conceptual supersonic passenger aircraft intended to carry 65-88 passengers, have 4,250nm (7,870km) range and be operational by 2030.
Druva Inc.
Pandemic Pushes 89 Percent of Indian IT Leaders to Protect Organizational Data from Ransomware According to New Survey
Thursday, January 28, 2021 12:23PM IST (6:53AM GMT)
Half of Indian IT leaders see a permanent increase in value of data as organisations accelerate digital transformation in 2020 Value of Data Report
Sunnyvale, Calif., United States & Pune, India:
Druva Inc., the leader in Cloud Data Protection and Management, today announced further results from its inaugural 2020 Value of Data Report, highlighting the rising enterprise technology trends in India. The global survey, commissioned by Druva, offers insights from over 1,000 IT decision makers (ITDMs) in India, the US and UK, and underpins the importance of maximizing the value of data as businesses continue to navigate an unprecedented worldwide situation.
AlleyWatch
Greenhouse, the applicant tracking and job recruitment software, has agreed to sell a majority stake to TPG Growth. The terms of the transaction were not disclosed but it has been reported that the transaction values the Greenhouse at $820M. TPG’s investment at this time is approximately $500M, consisting of ~$450M to acquire stock from existing shareholders (investors and employees) and ~$47M in new equity investment via a related TPG fund.
“Winning businesses are built by talented individuals. Yet every day, organizations around the world base their hiring decisions on hunches and without data, perpetuating biases and limiting human potential. We founded Greenhouse to help companies become great at hiring and reduce bias in the hiring process,” remarked
3 months ago
Investment will accelerate growth and continued expansion of leading hiring software provider
NEW YORK & FORT WORTH, Texas & SAN FRANCISCO–(BUSINESS WIRE)–TPG Growth and The Rise Fund today announced that they have signed a definitive agreement to partner with Greenhouse, the leading hiring software company used by over 4,000 businesses, as a majority investor. TPG Growth, the middle-market and growth equity platform within TPG, and The Rise Fund, the global impact investing platform managed by TPG, will jointly invest in Greenhouse to accelerate product innovation, grow into new markets, and enhance solutions aimed at accelerating diversity, equity and inclusion in hiring. Financial terms of the transaction were not disclosed. The transaction, which is expected to close during the first half of 2021, is subject to customary closing conditions.