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SHAH ALAM, April 24 — Selangor Menteri Besar Datuk Seri Amirudin Shari will lead a delegation of 11 selected Malaysian technology startups to participate in a series of...
Sidec, startups, Pitch Malaysia USA Series, venture capital
The company made 20 per cent of its staff redundant and Andy Watt took over from Rob Newman as CEO, just months after Thoma Bravo acquired it for more than $1 billion.
US private equity giant Thoma Bravo is wielding the axe at Nearmap only a few months after taking control of the business, making 20 per cent of staff redundant, as CEO Rob Newman resigns.
Thoma Bravo’s bid for the aerial imaging technology company has narrowly been approved by shareholders, with more than 78 per cent of votes in favour.