Automation Anywhere raises $200 mn to help firms build digital workforce

Bengaluru, Oct 3 (IANS) Robotic process automation (RPA) leader Automation Anywhere on Monday said it has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital and this will further help companies build a digital workforce. According to Gartner, automation could result in a $15 trillion benefit to the global economy … Read more

Workiva Said to Have Drawn Takeover Interest from Private Equity Firms By Investing.com

© Reuters. According to Bloomberg, Workiva Inc . (NYSE:) has drawn takeover interest from private equity firms, with Thoma Bravo and TPG being among firms that have held financing discussions with direct lenders to support a potential transaction. According to people familiar with the matter, a transaction has yet to be agreed and it is … Read more

Chinese mobile firms plan to set up plants elsewhere amid India crackdown

New Delhi, Sep 17 (IANS) Amid India’s escalating crackdown on Chinese companies, China-based smartphone brands are now planning to set up manufacturing plants in countries like Egypt, Indonesia, Bangladesh, and Nigeria, according to a Global Times report. The report, citing a Chinese executive based in India, claimed that companies will evaluate bilateral ties, market potential, … Read more