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Atos staves off bankruptcy, casts wider net for refinancing

CIO

But the company is out of ideas for finding new money after the collapse of plans to sell its legacy infrastructure management business to an investment fund and its big data business to Airbus. In 2023, the company made a net loss of €3.4 billion, compared to a net loss of €1 billion on revenue of €11.3 billion in 2022.

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Airbus abandons possible acquisition of Atos data division

CIO

Airbus, a potential acquirer of the IT services company’s big data and security business, has walked away from the deal after completing its “due diligence” investigation. He only took over the top role at the company in mid-January. Managed IT Services, Mergers and Acquisitions, Technology Industry Another buyer?

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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

This funding will allow the Kenyan-based company to expand its business into Rwanda, DRC and Tanzania. On a call with TechCrunch, Rehmann narrated his journey to starting the company. They raised an angel round to start Victory Farms before launching in mid-2016 to serve a market with about a $1.5 billion fish deficit.

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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

” So far the company has done more than 10,000 inspections for roughly 250 vessels around the world. Some of its more reputable customers include Columbia Shipmanagement (one of the world’s largest privately owned shipping companies), Marlow Navigation, USC Barnkrug, CTM and The Asian Spirit Steamship Company.

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Atos deal to sell its legacy service business falls through

CIO

French IT services company Atos has put an end to its attempts to sell its ailing legacy managed infrastructure services business after failing to reach an agreement with a prospective buyer, and will now have to glue the two halves of its business back together. year on year and in line with the company’s previous forecasts.

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14 climate tech investors share their H1 2022 strategies

TechCrunch

Last year, round sizes for climate tech startups quadrupled, with more than 600 investments totaling over $40 billion. What is your climate tech investment thesis in H1 2022? We’re constructive around things like voluntary carbon markets. Which technologies are you paying attention to right now?

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For founders who want to launch apps, ‘being non-technical is not a limitation’

TechCrunch

Based in Warsaw, Poland, Intent assists a wide variety of companies with everything from product design and UX to development and deployment of connected devices. As a development shop, how involved do you get when helping clients validate ideas before they bring their apps to market?