Global professional services company Accenture has completed its acquisition of Solnet, a New Zealand IT services provider. The Accenture press release on the latest acquisition did not disclose the terms of the acquisition but noted that it adds over 100 cloud technology professionals to Accenture New Zealand, which maintains offices in Auckland and Wellington. Solnet,...
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Axiom Space Forms Joint Venture With Korea’s Boryung
Houston, Texas-based Axiom Space has established a joint venture with South Korean company Boryung to explore opportunities in low-Earth orbit commercial space ventures. The new company, named Brax Space Corp., will be based in Korea, where Boryung operates from Seoul. It will focus on potential businesses from Axiom Space, a planned LEO commercial space station,...
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Europe Mulls Acquisition Strategy Similar to US Foreign Military Sales Program
The European Commission is looking into adopting a strategy that will ease the process of selling weapons. As governments across Europe increase military spending in response to rising threats from Russia, the EC is considering a scheme similar to the U.S. Department of Defense’s Foreign Military Sales program. According to a consultation paper first seen...