Pakistan Software Export Board

Trading Technologies to be acquired by 7RIDGE

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Sunday, October 31, 2021
Technology, TT, Comprehensive Technologies International, Inc. v. Software Artisans, Inc., Sullivan & Cromwell, Industry, Nanjing Medical University – Jiangsu Institute of Economic and Trade Technology station, Software as a service, Commodity, Chicago, ION, SGX, Oliver Cromwell, Software, Cboe Global Markets, CBOE, Pakistan Software Export Board, Board, CEO, CTAS, Acquisition, Ownership, Singapore Exchange, Believer, Video game, Financial services, Management, Construction

CHICAGO, Oct. 31, 2021 /PRNewswire/ -- Trading Technologies International, Inc., (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that the company has agreed to be acquired by 7RIDGE, a specialized growth equity firm invested in transformative technologies. 7RIDGE will fuel Trading Technologies' organic growth and enable the firm to make targeted strategic acquisitions in the future. Cboe Global Markets, Inc. (Cboe: CBOE) and Singapore Exchange (SGX), who are among the limited partners of the fund managed by 7RIDGE, have voiced their support of the transaction. Terms of the transaction, expected to close before year-end subject to regulatory approvals, were not disclosed.

Key Points: 
  • 7RIDGE will fuel Trading Technologies' organic growth and enable the firm to make targeted strategic acquisitions in the future.
  • 7RIDGE's acquisition of Trading Technologies recognizes the company's 27-year leadership position in derivatives trading software, the value of its new state-of-the-art Software-as-a-Service (SaaS) platform, TT, and the talent of Trading Technologies' global team, which spans 13 offices across four continents.
  • Under this new ownership, Trading Technologies will remain independent and focused on delivering innovative, enterprise-wide solutions for institutional and professional trading.
  • Trading Technologies ( www.tradingtechnologies.com , @Trading_Tech ) creates professional trading software, infrastructure and data solutions for a wide variety of users, including proprietary traders, brokers, money managers, Commodity Trading Advisors(CTAs), hedge funds, commercial hedgers and risk managers.

CITIC Telecom Announces 2021 Interim Results

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Thursday, August 19, 2021
Cloud, People, Industry, Ecosystem, Data, Information, Pakistan Software Export Board, Government, IOT, Communication, Internet, CITIC Telecom International, Growth, Stock exchange, Pressure, Technology, SD, NSA, Regional Comprehensive Economic Partnership, Leadership, Artificial intelligence, Companhia de Telecomunicações de Macau, Solution, Pops, RCEP, Republic, Board, Overalls, Ministry, CTM, Goal, SA, Parastenolechia acclivis, Stock Exchange of Thailand, CPC, Ministry of Social and Family Development, COVID-19, Telecommunication, Social, ICT, Mobile phone

HONG KONG, Aug 19, 2021 - (ACN Newswire) - CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), Asia-leading multinational internet-oriented telecommunications enterprise providing comprehensive services, reported profit attributable to equity shareholders of HK$534 million for the six months ended 30 June 2021, representing a period-on-period increase of 4.3%, or 2.1%, excluding the effect of investment property revaluation.

Key Points: 
  • HONG KONG, Aug 19, 2021 - (ACN Newswire) - CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), Asia-leading multinational internet-oriented telecommunications enterprise providing comprehensive services, reported profit attributable to equity shareholders of HK$534 million for the six months ended 30 June 2021, representing a period-on-period increase of 4.3%, or 2.1%, excluding the effect of investment property revaluation.
  • The Board declared an interim dividend of HK5.5 cents per share for 2021, up by 10.0% period-on-period.
  • Mr. XIN Yue Jiang, Chairman of CITIC Telecom, said, "During the first half of 2021, the prospects for economic recovery were less than certain as the COVID-19 pandemic persisted.
  • CITIC Group Corporation, a large multinational conglomerate headquartered in the People's Republic of China, is the ultimate holding company of CITIC Telecom.