IBM Acquires Bengaluru-based SaaS Startup Prescinto Specialized in APM for Renewable Energy Assets

IBM Acquires Bengaluru-based SaaS Startup Prescinto Specialized in APM for Renewable Energy Assets

IBM has announced that it has acquired Prescinto, a leading provider of asset performance management (APM) software-as-a-service (SaaS) for renewables. Founded in 2016, Prescinto is a Bengaluru-based software-as-a-service (SaaS) startup… Article Source https://www.indianweb2.com/2024/10/ibm-acquires-saas-startup-specialized.html

IBM’s Danish pension fund reprimanded by FSA for using major assets as collateral

IBM’s Danish pension fund reprimanded by FSA for using major assets as collateral

Denmark’s Financial Supervisory Authority (FSA) has issued formal orders to IBM Pensionsfond in Denmark after discovering that assets intended to cover liabilities were also pledged as collateral for derivative transactions. The FSA conducted an inspection in March on the US multinational’s defined benefit pension fund for Danish employees, focusing on investments and registered assets. A … Read more

Global Assets Advisory LLC Makes $3.03 Million Investment in International Business Machines Co. (NYSE:IBM) – Defense World

Global Assets Advisory LLC, a leading investment firm, recently announced a significant investment of $3.03 million in International Business Machines Co. (NYSE:IBM). This move demonstrates the firm’s confidence in IBM’s long-term potential and solidifies their position in the technology sector. IBM, a multinational technology company, has a strong presence in the global market, particularly in … Read more

Global Assets Advisory LLC invests $32.63 million in Oracle Co. (NYSE:ORCL)

Global Assets Advisory LLC invests .63 million in Oracle Co. (NYSE:ORCL)

Global Assets Advisory LLC recently acquired a new stake in Oracle Co. with the purchase of 259,744 shares valued at $32,626,000. This move aligns with similar investments made by other institutional investors like Westend Capital Management LLC, Orion Capital Management LLC, and Spartan Planning & Wealth Management, showing confidence in Oracle’s performance. In insider trading … Read more

Intel Co. (NASDAQ: INTC) Acquired by Global Assets Advisory LLC

Intel Co. (NASDAQ: INTC) Acquired by Global Assets Advisory LLC

Global Assets Advisory LLC recently acquired a new position in Intel Co. during the first quarter, purchasing 100,574 shares of the chip maker valued at approximately $4,442,000. Several other hedge funds and institutional investors have also bought shares of Intel recently, with a total of 64.53% belonging to institutional investors and hedge funds. Intel shares … Read more

Global Assets Advisory LLC Acquires 67,004 Shares in Cisco Systems, Inc. (NASDAQ:CSCO)

Global Assets Advisory LLC Acquires 67,004 Shares in Cisco Systems, Inc. (NASDAQ:CSCO)

Global Assets Advisory LLC recently acquired 67,004 shares of Cisco Systems, Inc. during the first quarter, adding to their total holdings in the network equipment provider. This acquisition was valued at approximately $3,344,000. Other hedge funds such as Valued Wealth Advisors LLC and Delos Wealth Advisors LLC have also increased their stakes in Cisco Systems … Read more

Military Assets Moved by Russia Near Civilians to Prevent Ukraine Strikes: Intelligence Sources

Military Assets Moved by Russia Near Civilians to Prevent Ukraine Strikes: Intelligence Sources

The Russian military is reportedly positioning more strategic assets near civilian areas in order to shield them from potential long-range missile attacks by Ukraine. This move follows a recent incident where a US-supplied Army Tactical Missile System (ATACMS) killed four people on a beach in Sevastopol, prompting Moscow to take preventive measures. According to the … Read more