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GIC stories

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Databricks raises USD $10 billion, valued at USD $62 billion now

Wed, 18th Dec 2024
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Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.
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Cribl secures USD $319 million in Series E led by Google Ventures

Thu, 29th Aug 2024
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Cribl secures USD $319 million in Series E funding, valuing the company at USD $3.5 billion, with Google Ventures leading the round and joining the board.
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Whampoa Group hires leaders for digital asset investment arm

Tue, 17th Jan 2023
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Hong Kong's Whampoa Group has appointed Jeffrey Ma and Peter Huo as co-CIOs for its new digital asset investment arm, Whampoa Digital.
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Equinix & GIC commit $525m to xScale data centers in Seoul

Tue, 1st Feb 2022
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An IDC report suggests the Cloud IT infrastructure market in the country could reach US$1.86 billion in sales by 2025.
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Symantec sells off Veritas in US$8 billion deal

Wed, 12th Aug 2015
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Symantec is selling the Veritas information management business for US$8 billion in cash to a group of investors lead by Carlyle Group.
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CORRECT: Singapore's GIC expands NZ presence, buying into 5 Westfield malls

Fri, 7th Nov 2014
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GIC, the Singaporean investment fund, has entered a joint venture with Scentre Group, the trans-Tasman Westfield mall owner and operator, paying $1.
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RESEND: Goodman enters JV with Singapore's GIC for Viaduct Quarter development

Mon, 3rd Nov 2014
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Goodman Property Trust, the country's largest listed property investor by market capitalisation, has entered into a joint venture with Singapore's.