Le Moal is new PayU CEO

Payment services provider PayU has appointed Laurent Le Moal as its new CEO. PayU operates in 16 growth countries and is part of Naspers, the leading global media and Internet group. Laurent Le Moal will lead PayU’s strategy and development, building on the...

Riverbed acquires SD-WAN provider Ocedo

Application performance infrastructure company Riverbed Technology has acquired Germany-based Ocedo, a leading provider of software-defined networking and SD-WAN (software-defined wide-area-network) solutions. The acquisition furthers Riverbed’s strategy to...

Tigo pays out again to Pesa users

Tanzanian digital lifestyle company, Tigo, has announced another quarterly payment of  $2,1-million (Tshs 4,4-billion) to its 4,6-million Tigo Pesa users, the seventh time in a row that the company is distributing profit to its mobile financial services users. Tigo...

Regulator approves BT, EE merger

The UK Competition & Markets Authority (CMA) has given unconditional approval for fixed-line incumbent BT to acquire the UK’s largest mobile operator, EE. At the end of its year-long examination of the deal, the CMA concluded: “The evidence does not...

McAdam takes over at F5 as Rivelo steps down

F5 Networks has announced that John McAdam, chairman of the F5 board of directors, has been appointed president and CEO. McAdam joined F5 in July 2000, and served as the company’s president and CEO until his retirement in July 2015. In connection with this new...

Verint named in Software 500 ranking

Verint Systems is among the top 100 of the world’s largest software and service providers, according to Software Magazine’s 2015 “Software 500” ranking. Now in its 33rd year, the Software 500 is an annual ranking that targets medium to large...