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Last updated: June 24, 2026, 8:30 PM ET

Private Equity

HiGro Group-backed Daida acquired intelligent document processing firm Scan-Optics, bolstering its business process services and digital workflow capabilities. This move by Daida, a provider of document digitization and enterprise content management, signals continued consolidation in the tech services sector. Separately, Abu Dhabi's MGX raised nearly $50bn for an artificial intelligence fund, one of the largest ever dedicated to AI infrastructure and technology, drawing investment from regional and global sources.