Digital Transformation

Abstract Names Ex-Concentric AI Sales Chief as First CRO

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Abstract Names Ex-Concentric AI Sales Chief as First CRO

San Francisco – – September 18, 2026 -- Abstract, a provider of composable security operations technology, has appointed Jonathan Eller as its first Chief Revenue Officer, tasking him with scaling global sales as enterprises abandon monolithic SIEM platforms.

Eller will oversee sales, channel, customer success and revenue operations, reporting to CEO Colby DeRodeff.

He joins from Concentric AI, where he led global sales, and brings more than two decades of enterprise security sales experience from CrowdStrike, Proofpoint and AccessData.

Abstract raised $25 million in July, tripling its valuation and pushing total funding to nearly $50 million.

The company reported 380% annual recurring revenue growth, 264% net revenue retention, and a tripled customer base alongside that funding round.

Qedma Brings Quantum Error Mitigation Software to NVIDIA CUDA-Q Platform

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Qedma Brings Quantum Error Mitigation Software to NVIDIA CUDA-Q Platform

Toronto and Tel Aviv – September 18, 2026 -- Qedma Quantum Computing has integrated its QESEM error mitigation software with NVIDIA's CUDA-Q platform, giving users the ability to run larger and more complex quantum workloads on Quantinuum hardware without altering existing programming workflows.

Qedma's QESEM software enters NVIDIA's hybrid computing ecosystem for the first time

The integration marks the first availability of Qedma's error reduction software within CUDA-Q, NVIDIA's hybrid quantum-classical computing platform. The capability is currently live for Quantinuum hardware, with Qedma stating other quantum platforms will follow.

Canaan Sells ETH Holdings, Buys Back 13.6M ADSs in August

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Canaan Sells ETH Holdings, Buys Back 13.6M ADSs in August

Singapore – September 18, 2026 -- Canaan Inc. (NASDAQ: CAN) liquidated its entire Ethereum position and part of its bitcoin treasury in August 2026, generating approximately US$13.9 million in cash that funded the repurchase of 13.6 million American Depositary Shares.

Canaan exits ETH position entirely, trims BTC holdings to fund buybacks

The company sold all 3,952 ETH it held along with 54 BTC at average prices of roughly US$2,400 per ETH and US$79,000 per BTC. Canaan deployed US$5.4 million of the proceeds to repurchase the ADSs in late August, lifting total shares repurchased since the start of the year to approximately 16.4 million. At month-end, Canaan held 1,868 BTC.

Aeson Power Showcases Sodium-Ion Auxiliary Batteries at Automechanika Frankfurt

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Aeson Power Showcases Sodium-Ion Auxiliary Batteries at Automechanika Frankfurt

Frankfurt – September 17, 2026 -- Aeson Power, an Australian sodium-ion battery technology maker, is showcasing its vehicle battery portfolio at Automechanika Frankfurt 2026, with over 100,000 units of its aftermarket starter and start-stop batteries already deployed across more than 30 countries.

Sodium-ion starter batteries claim triple the lifespan of lead-acid alternatives

Aeson Power's sodium-ion starter and start-stop batteries deliver instant starting power, fast charging and strong cold-start performance at lower weight, according to the company. The batteries operate across a wide temperature range and are engineered for a lifespan exceeding three times that of conventional lead-acid batteries in start-stop applications, positioning them as a direct aftermarket replacement.

TransPerfect Launches In-Country Legal Tech Hub in Riyadh

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TransPerfect Launches In-Country Legal Tech Hub in Riyadh

Riyadh – September 17, 2026 -- TransPerfect Legal has launched an expanded in-country legal technology offering in Saudi Arabia, combining Relativity Server, Reef Discovery, and Brainspace for the first time within the Kingdom's borders.

Riyadh hosting keeps legal data within Saudi jurisdiction

The new hub allows legal and regulatory teams to process, analyze, and review data without it leaving Saudi Arabia, addressing sovereign data infrastructure requirements tied to the country's digital transformation push.

Riyadh office opened in November 2025 to serve local eDiscovery demand

TransPerfect's Riyadh office, opened in November 2025, supports internal investigations, litigation, arbitration, regulatory inquiries, and compliance initiatives across the Kingdom. The combined Relativity, Reef Discovery, and Brainspace deployment marks the first time these tools have been offered together in-country.

Sidero Labs Extends Talos Linux Beyond Kubernetes, Sells to Yardi

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Sidero Labs Extends Talos Linux Beyond Kubernetes, Sells to Yardi

Santa Barbara, Calif. – September 17, 2026 -- Sidero Labs has added native hypervisor capabilities to Talos Linux, allowing enterprises to run containers and virtual machines under one operating system and a single API instead of maintaining separate platforms for each workload type. The company also disclosed it has been acquired by real estate software giant Yardi Systems, which will fund continued development of the open-source project.

Talos Linux now runs VMs without requiring Kubernetes or KubeVirt

The update builds hypervisor functionality directly into Talos Linux, extending the platform's immutability, minimal attack surface and declarative management to virtual machine workloads. Sidero Labs president Steve Francis said the design removes the need for VM infrastructure teams to learn Kubernetes and KubeVirt just to operate virtual machines, while still offering a path toward container-based architectures on their own timeline.

NexPhase Capital Invests in EVERYWHERE Communications Platform

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NexPhase Capital Invests in EVERYWHERE Communications Platform

New York – September 17, 2026 -- NexPhase Capital, LP has made an investment in EVERYWHERE Communications, a mission-critical software platform serving government and enterprise clients across more than 175 countries. Terms of the deal were not disclosed.

EVERYWHERE builds resilient communications for high-risk operating environments

Founded in 2016 and headquartered in Annapolis, Maryland, EVERYWHERE operates a platform combining satellite, cellular and Wi-Fi connectivity with messaging, automated check-ins, geofencing, emergency response and location intelligence. The company serves customers in government, utilities, mining, oil and gas, and humanitarian aid sectors.

ST Engineering iDirect Deploys Intuition Ground System for Datacom in APAC

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ST Engineering iDirect Deploys Intuition Ground System for Datacom in APAC

Herndon, Va. – September 17, 2026 -- ST Engineering iDirect is powering satcom integrator Datacom with its Intuition ground system, enabling cloud-native satellite services across the Asia-Pacific region and targeting double-digit reductions in total cost of ownership for Datacom's customers.

Datacom adopts cloud-native architecture to escape traditional hardware cycles

The deployment supports Datacom's Satellite Modernization Blueprint, a scalable framework designed to move operators away from five- to ten-year hardware migration cycles toward software-defined, cloud-native ground infrastructure. Intuition will be provided to Datacom under a subscription model, backed by technical enablement, validation testing, and ongoing lifecycle support from ST Engineering iDirect.

Infrastructure Capital Adds Six Income ETFs to SMArtX TAMP Platform

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Infrastructure Capital Adds Six Income ETFs to SMArtX TAMP Platform

New York – September 17, 2026 -- Infrastructure Capital Advisors, LLC, which manages more than $4 billion in assets as of September 8, 2026, has made its lineup of six income-focused ETFs available to advisors through the SMArtX Advisory Solutions platform.

Six ETFs join a multi-custodian TAMP used by RIAs and broker-dealers

The strategies now accessible on SMArtX include the Virtus InfraCap U.S. Preferred Stock ETF (NYSE Arca: PFFA), InfraCap REIT Preferred ETF (NYSE Arca: PFFR), InfraCap MLP ETF (NYSE Arca: AMZA), Infrastructure Capital Equity Income ETF (NYSE Arca: ICAP), Infrastructure Capital Small Cap Income ETF (NYSE Arca: SCAP), and Infrastructure Capital Bond Income ETF (NYSE Arca: BNDS). SMArtX operates as a managed account technology and turnkey asset management platform serving RIAs, broker-dealers, asset managers, custodians and fintech firms.

Eight Group Deploys IFS Industrial AI Across Growing FM Portfolio

London – September 17, 2026 -- Eight Group, a UK facilities management provider scaling through M&A, has rolled out IFS's AI-powered Nexus Black Resolve to 65 engineers within weeks, cutting repair processes that once took hours or days down to minutes.

Eight Group expands its IFS deployment beyond Resolve

Building on the early success of Nexus Black Resolve, Eight Group is adding IFS Loops Digital Workers, IFS Cloud, and Planning & Scheduling Optimization (PSO) to its technology stack. The expanded platform gives the company real-time insight into finance, projects, field service, scheduling, and asset data across its operations as it grows through acquisition.