99x Archives - Page 5 of 6 - Lanka Business News

October 26, 2021

Having attracted US $ 20 million investment from a Scandinavian private equity company and acquired Norway-based Seeds Consulting AS to increase its presence in Europe, technology company 99x is now gearing to power this global growth with an expansion in talent in Sri Lanka. Despite the challenges of 2020, it was a […]

September 23, 2021

Shortly after a group of investors, led by the Private Equity firm Herkules’ “Deal-by-Deal” team, invested in 99x, they have now completed the transaction to purchase Seeds Consulting AS. Led by founders and owners Jo Henrik Endrerud and Steinar Magnussen, Seeds Consulting has proven expertise in the development of digital solutions with […]

August 16, 2021

99x received investment as part of its Capital Restructuring program, an investment of USD 20 million towards its next phase of planned growth. The funds were through an investment from Herkules Deal-by-Deal, a Scandinavian private equity company. The investment entails setting up a holding company in Europe, funds for future acquisitions, and […]

July 26, 2021

In a period fraught with uncertainty, technology company 99x’s ability to continue ‘business as usual’ and be a supportive life partner to its people saw it being listed as a Best Workplace in Sri Lanka for the ninth consecutive year and in Asia for a fifth year, ranking at #17 out of […]

July 2, 2021

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The legal professional joins 99x’s team as Chief Legal and Governance Officer Technology company 99x announced the appointment of legal professional Shalini Ratwatte as its Chief Legal and Governance Officer. With over 25 years of extensive experience in legal and compliance, policy development and strategic planning, Shalini will play a tactical role […]

July 1, 2021

99x Technology have contributed more than 190,000 NOK worth of equipment for both hospitals on two key national initiatives as to response the crisis in Sri Lanka. Kalubowila Hospital High Dependency Unit (HDU): providing medical equipment to the value of NOK 46,250 in the form of Intermittent pneumatic compressor devices (2 units) and […]

June 16, 2021

Corporates have had to rapidly adapt to new, virtual processes in the past year and an area heavily impacted by this has been recruitment. The search for tech talent, far from slowing down, has been fueled by the pandemic across industries globally, leaving recruiters scrambling to meet this increasing demand. Identifying a […]

May 6, 2021

By Sherman Gunatillake With market uncertainty and disruptions across different business verticals christened as the ‘New Normal’, the chief financial officer (CFO) of the modern-day has many elements to balance across the business. In such a context, strengthening business resilience is a crucial responsibility that a CFO has on his agenda. But has […]

March 23, 2021

Strengthening its leadership to fuel the next phase of global growth, Technology Company 99x announced the promotion of seven key members of its executive management team. As a provider of high-end digital products to partners internationally, 99x has embarked on a series of innovative growth strategies and is confident of the insights […]

February 8, 2021

Technology company 99x was recognised for its best practices in diversity and equality in the workplace as it was listed a Best Workplace to Work for Women in Sri Lanka for a second consecutive year. Building an inclusive workplace for all is a key area of focus for 99x and being on the list, spearheaded […]

99x poised for talent expansion in new growth phase

99x acquires Seeds Consulting as part of its growth strategy in Europe

99x receives USD 20 million investment for future growth from Private Equity

99x listed as a Best Workplace in Asia and Sri Lanka once again

99x strengthens leadership with appointment of Shalini Ratwatte

Contributions made by 99x Technology 4.5million LKR worth of medical equipment to Kalubowila and Wathupitiwala Hospital

99x launches DevGrade to fast-track search for tech talent in the ‘New Normal’

Today’s CFO is the protector of tomorrow’s business resilience

99x gears for next phase of global expansion through strategic leadership promotions

99x ranked a Best Workplace for Women in Sri Lanka for second consecutive year