GIC
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Workplace software firm Notion has completed a private tender offer worth about US$270 million, valuing the company at roughly US$11 billion, as it sharpens its focus on artificial intelligence (AI) and expansion in Asia-Pacific. The tender offer, held over the past quarter, allows current and former employees to sell shares directly to investors. Existing backers…
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SINGAPORE – October 21, 2020 – Red Hat, Inc., the world’s leading provider of open source solutions, has announced the winners of the Red Hat APAC Innovation Awards 2020 for Singapore. GIC and Standard Chartered Bank were honored at the Red Hat Forum Asia Pacific 2020 today for their exceptional and innovative use of Red…
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Singapore-based cross-border payments FinTech platform TranSwap has announced that Mr Gary Tan, a former Senior Vice President of technology at GIC Private Limited, has joined its company as its Chief Technology Officer (CTO). With Gary on board, the TranSwap platform will be further enhanced to help businesses seamlessly manage and execute payments globally, while reducing…
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GIC, Singapore’s sovereign wealth fund, and Polymer Connected, an eminent data centre provider, have established a partnership to develop a data centre campus in Jakarta. With this partnership, Polymer Connected has acquired the land to build the campus, strategically located in Jakarta Barat. This will be Polymer Connected’s first campus in Indonesia and will include…
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Horangi Cyber Security announced today that Kevin Lee had joined the company as Executive Chairman. In his new role, Kevin will work on deepening Horangi’s cybersecurity capabilities by harnessing AI and machine learning to enhance the Horangi platform and build out a world-class executive team. He has been serving on the Horangi Board of Directors…
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