million

HCLTech Acquires Communication Technology Group Assets from Hewlett Packard for $225 Million – CNBC TV18

by
HCLTech Acquires Communication Technology Group Assets from Hewlett Packard for 5 Million – CNBC TV18

HCLTech Ltd, an IT services company, announced its acquisition of the assets of Communications Technology Group (CTG) from Hewlett Packard Enterprise (HPE) for $225 million in an all-cash deal. Approximately 1,500 CTG employees specializing in the telecommunications industry will join HCLTech in countries such as Spain, Italy, India, Japan, and China to serve clients globally. … Read more

HCL Technologies to pay $225 million for acquisition of selected assets from HPE’s Communication Technology Group

by
HCL Technologies to pay 5 million for acquisition of selected assets from HPE’s Communication Technology Group

HCLTech announced on Thursday that it will be acquiring specific assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG) for $225 million in an all-cash deal. This agreement will involve the transfer of around 1,500 employees and 700 contractors from various countries, including Spain, Italy, India, Japan, China, America, and the APAC region, to HCLTech. … Read more

HCLTech Announces Acquisition of Select Assets of HPE’s Communication Technology Group for USD 225 Million

by
HCLTech Announces Acquisition of Select Assets of HPE’s Communication Technology Group for USD 225 Million

HCL Technologies announced a deal to acquire assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG) for $225 million in cash. This acquisition includes approximately 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications industry across various countries. The agreement aims to strengthen HCLTech’s presence in the telecom sector by expanding … Read more

Google, Meta, Microsoft, and Salesforce Join Forces to Create 20 Million Ton Nature-Based Carbon Removal Buyers Coalition – ESG Today

by
Google, Meta, Microsoft, and Salesforce Join Forces to Create 20 Million Ton Nature-Based Carbon Removal Buyers Coalition – ESG Today

Tech giants Google, Meta, Microsoft, and Salesforce have come together to form the Symbiosis Coalition, a collaborative effort focused on advancing the nature-based carbon removal market. The coalition aims to support the development of high-impact restoration projects that can contribute to global climate goals by hiring up to 20 million tons of carbon removal credits … Read more

Hock Tan, a Malaysian native, leads US CEO pay ranking with $162 million earnings

by
Hock Tan, a Malaysian native, leads US CEO pay ranking with 2 million earnings

Hock Tan, a Malaysian-born CEO, was named the highest-paid executive in the United States in the previous year with a compensation package totaling $162 million. Tan’s significant earning puts him at the top of the list of the highest-paid CEOs in the country. Article Source https://www.msn.com/en-xl/money/other/malaysian-born-hock-tan-tops-us-ceo-pay-chart-with-162m-earning/ar-BB1mSIQs

Hock Tan, a Malaysian-native, leads the way in US CEO compensation with $162 million in earnings – VnExpress International

by
Hock Tan, a Malaysian-native, leads the way in US CEO compensation with 2 million in earnings – VnExpress International

Malaysian-born Hock Tan emerged as the highest-paid CEO in the United States last year, raking in a staggering $162 million in compensation. This revelation comes from a list compiled by the Wall Street Journal, showcasing Tan’s consistent dominance in the salary charts since 2006. To qualify for this hefty payment, Tan had to fulfil specific … Read more

Groq, a competitor of Nvidia, enlists Morgan Stanley to secure $300 million fundraising

by
Groq, a competitor of Nvidia, enlists Morgan Stanley to secure 0 million fundraising

Groq, a competitor of Nvidia in the development of specialized server chips and artificial intelligence software, is looking to raise approximately $300 million in funding. The company has enlisted the help of Morgan Stanley with the fundraising process, as reported by sources familiar with the matter. Groq’s focus on developing advanced technologies for AI applications … Read more

NVIDIA Plans to Deliver 500,000 Blackwell GB200 AI Chips in 2021, with 2 Million Expected by 2025

by
NVIDIA Plans to Deliver 500,000 Blackwell GB200 AI Chips in 2021, with 2 Million Expected by 2025

NVIDIA is expected to see a surge in the adoption of their Blackwell GB200 AI servers, with projections indicating that 2 million units will be shipped by the year 2025. This growth is fueled by a shift to a new packaging technology called PFLO, which is set to address supply chain bottlenecks that have hindered … Read more

Tata Communications and Cisco collaborate to target India’s $400 million calling market.

by
Tata Communications and Cisco collaborate to target India’s 0 million calling market.

Tata Communications and Cisco have come together to cater to the growing Indian calling market, which is estimated to be worth between $300-$400 million and is expanding at a rate of 10-12% annually. The two companies have introduced a cloud-based public switched telephone network (PSTN) solution called Webex Calling, aimed at assisting small and medium-sized … Read more

America’s Top-Earning CEO Raked in a Whopping $162 Million Last Year, With a Major Catch

by
America’s Top-Earning CEO Raked in a Whopping 2 Million Last Year, With a Major Catch

Broadcom CEO Hock Tan’s $162 million pay package is contingent on meeting specific benchmarks, as outlined in a recent Wall Street Journal analysis. The analysis delves into the criteria Tan must fulfill in order to receive his full compensation. Article Source https://www.msn.com/en-us/money/markets/america-s-highest-earning-ceo-was-awarded-a-staggering-162-million-last-year-but-there-s-a-catch/ar-BB1mMuYS?ocid=weather-verthp-feeds