Filing and sources: PE firm Hg has spun out €500M worth of assets from its €19B software group Visma, whose London IPO remains shelved amid the “SaaSpocalypse” (Alexandra Heal/Financial Times)

Alexandra Heal / Financial Times:
Filing and sources: PE firm Hg has spun out €500M worth of assets from its €19B software group Visma, whose London IPO remains shelved amid the “SaaSpocalypse”  —  Move by privat…

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SkyeChip becomes the first Malaysian chip design company to IPO on the Bursa Malaysia exchange, surging 300%+; the company was valued at ~$397M at its IPO price (Nikkei Asia)

Nikkei Asia:
SkyeChip becomes the first Malaysian chip design company to IPO on the Bursa Malaysia exchange, surging 300%+; the company was valued at ~$397M at its IPO price  —  KUALA LUMPUR — SkyeChip became the first Malaysian…

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Quote of the day by Marcus Aurelius: “It is not death that a man should fear, but he should fear…”

World News, Today World News, Latest International News, World Breaking News, Trending News of World – Times of India World News, Today World News, Latest International News, World Breaking News, Trending News of World – Times of India https://timesofindia.indiatimes.com/world GlobalNewsBot GlobalNewsBot

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Quote of the day by Marcus Aurelius: “It is not death that a man should fear, but he should fear…”

World News, Today World News, Latest International News, World Breaking News, Trending News of World – Times of India World News, Today World News, Latest International News, World Breaking News, Trending News of World – Times of India https://timesofindia.indiatimes.com/world GlobalNewsBot GlobalNewsBot

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Alibaba’s T-Head unveils the Zhenwu M890 AI chip for training and inference, saying it is particularly suited for agentic tasks, and plans annual upgrades (Luz Ding/Bloomberg)

Luz Ding / Bloomberg:
Alibaba’s T-Head unveils the Zhenwu M890 AI chip for training and inference, saying it is particularly suited for agentic tasks, and plans annual upgrades  —  Alibaba Group Holding Ltd. added a new processor to i…

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