What Has Nitin Khanna Been Up To Since Saber Corp?

Nitin Khanna had a lot of experience under his belt by the time he founded Saber Corp., and it showed in how fast the Portland-based organization grew. The company quickly received contracts with several state governments to provide a few essential services; voter registration and unemployment registration being chief among them. See more here https://www.crunchbase.com/person/nitin-khanna

The exact services may have varied slightly from state to state but also included vehicle registration and driver registration. In 2007, Saber Corp. was purchased by EDS for $420 million. Following HP’s purchase of EDS, Saber Corp. was absorbed into that company too. Nitin Khanna didn’t stay too long after that, however; he left Saber Corp. a year after it was folded into HP and struck out on his own alongside his brother. But, what has Nitin Khanna been doing since he left Saber?

In short, Mr. Khanna has been doing an awful lot. Not long after leaving, he founded MergerTech with his brother. The business is focused on helping start-ups and small businesses through an acquisition of less than $100 million. It also invests in some start-ups around the United States. Nitin Khanna serves as the CEO and is based out of Portland while his brother Karan serves as COO out of their California offices. To date the brothers have been extremely successful with MergerTech, helping dozens of businesses through the acquisition and sales process.

Nitin Khanna has also noted that there’s very little competition in the niche, as international investment banks deem the industry too small to pursue. This has left the market wide open for MergerTech. Throughout the last few years, the company has invested in some unique companies. One of the more recent of these is iSos Inc, a software company that creates integrated smart office solutions. Nitin Khanna’s MergerTech recently invested $5 million into the company; their software helps improve communication and efficiency in businesses.

This is what got MergerTech interested in the company, as Nitin Khanna believes that iSos Inc. is serving a growing need in the market. Because of that, MergerTech is expecting high returns for the company in the future.

Connect with Nitin https://www.facebook.com/nitinkhanna

Anthony Petrello’s Life and his success as the C.E.O of Nabors Industries

His work and Education background

Anthony is the Chairperson of the Executive and Board committee, C.E.O and the President of Nabors Industries Limited. The company is located in Hamilton, Bermuda. It is the world’s biggest drilling contractor of geothermal and natural gas. The firm carries out operations in the Middle East, Far East, Africa and the United States. Anthony Petrello, alias Tony, has a substantial position in the growth of Nabors Industries which began as Anglo Energy Limited 50 years ago. Anthony Petrello is a Yale University and Harvard University graduate. He attained Juris Doctor degree from the Harvard Law School and Bachelors in Science and Masters of Science degrees in Mathematics from Yale University. 1979 was the year when Anthony started his career journey when he became part of Baker and McKenzie law firm. In 1986 to 1991, Anthony was Baker and McKenzie’s Managing Partner based in New York. In 1991, Anthony Petrello affiliated with Nabors Industries as the C.O.O and in 1992 became the president. He held the position of Deputy Chairman of Nabors Industries from 2003 until June 2012. Anthony was named the Chief Executive Officer of Nabors Industries in 2011. From 2012, he has been the Chairman of the industries’ Board. He currently is also the Director of Texas Children’s Hospital.

Anthony Petrello’s total calculated compensation for the year 2015

In 2015, Petrello’s calculated compensation stood at $27,512,939, where he got a bonus of $116,863,656 as stock, a salary of $1,580,077 and other types of compensations which amounted to $1,342,206.

Board Memberships

Anthony is a director in Hilcorp Energy and Stewart and Stevenson LLC Companies. He also serves as a Board of Trustees of Texas Children’s Hospital. He advocates for clinical and research programs to focus on the needs of kids with neurological disorders.

About Nabors Industries

Nabors Industries is the chief provider of advanced downhole tools, automated drilling equipment and more innovative oilfield technologies. Leveraging its analytic capabilities and drilling automation, the company’s very skilled workforce goes ahead to set higher standards for excellence in operation as it changes how wells get drilled in the most significant gas and oil markets worldwide. Nabor’s most important area of the corporate culture is Sustainability.

Read full article : https://www.bizjournals.com/houston/potmsearch/detail/submission/6422746/Anthony_Petrello

How Jed McCaleb Is Helping The Un-Banked People Of The World

Jed McCaleb has been in the technology industry as an entrepreneur for 18 years. He now works for two nonprofits in the industry. The first one is the Machine Intelligence Research Institute. He donates money to this organization and serves as a top advisor. He says that artificial intelligence an area of technology that holds great promise but also grave peril. This nonprofit was created to provide guidance to AI researchers in order to ensure that what they create is safe for humanity. He says that while this technology will improve people’s lives around the world it can also be used in ways that are a threat to people.

The other nonprofit Jed McCaleb works at is one he co-founded, Stellar Development Foundation. He established this nonprofit in June 2014 and he is the chief technology officer. His goal is to use open-source software to unleash the financial system from its current outdated infrastructure that doesn’t work for far too many people. He said he got the idea for Stellar from the cryptocurrency Bitcoin. Bitcoin uses blockchain technology which is a distributed database that serves as a virtual ledger keeping track of Bitcoin transactions and who owns what.

At Stellar, Jed McCaleb says the goal is to give people a way to make financial transactions who today don’t even have a bank account. Banks don’t want low-income people as customers because they cost more than they bring in, he says. The new financial system he is creating will give these people a way to save and transfer money, something that right now is far too expensive for many people around the world if it’s even available at all.

Nonprofits and companies around the world are now using Stellar. Jed McCaleb says that one of these nonprofits is the Praekelt Foundation in South Africa. They have slotted Stellar into their messaging app, Vumi. This allows young South African girls a way to save money using airtime credits. Airtime credits, he explains, is a form of mobile money that is used in developing countries around the world.

What to Know About Sawyer Howitt

Sawyer is currently a second senior at Lincoln High School, based in Portland. Most of the people refer to him as the smartest young man in his hometown. He focuses his energy on school work, and his business and finance. Being an athlete is also part of his reputation.

David Howitt, the father to Sawyer Howitt, is the founder of the Meriwether Group, a company that helps businesses both small and large scale since the year 2014. Every entrepreneur will admit of the overwhelming moments during business startup. It is, therefore, essential to have the guidance of a financial advisor to lead you on the path to follow. Meriwether Group has stepped up in helping business people to start, expand and lay out long-term plans that will see the business viable.


Sawyer Howitt is a high school senior and an experienced employee at Meriwether Group, holding the title of The Project Manager. His next plan is to study at the University of Colombia and equip himself with a degree in Entrepreneurial Finance. His primary focus is on retailing business, currently working on a project that uses RFID technology to ensure that shopping online is efficient, time saving and reliable. The use of RFID chip is to ensure that the goods at a retail shop get tracked, reducing theft cases hence leading to wealth maximization.

Sawyer Howitt is a real definition of hard work pays. Being successful is not determined by age factor or even the level of education but on dedication, and determination in achieving out desired goals.