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Spectra7 announces Interim CFO appointment

November 20, 2023 5:13 pm
Spectra7 Microsystems Inc, a provider of high-performance analog semiconductor products for broadband connectivity markets, said on Monday that it had appointed David Mier as Interim Chief Financial Officer. Previously, the company had said that its Chief Financial Officer, Bonnie Tomei, would take a personal leave of absence, effective December 1st, due to a family medical […] Read more

L&T Technology Services announces collaboration with NVIDIA

November 20, 2023 11:40 am
L&T Technology Services Limited, a global pure-play engineering services company, announced on Monday a collaboration with NVIDIA to develop software-defined architectures for medical devices focused on endoscopy. That solution comes as a response to the industry-wide challenges of availability, cost and dependencies associated with custom and proprietary hardware components. The architecture boasts an image processing […] Read more

Albemarle Corp appoints new Senior Vice President

November 18, 2023 12:03 pm
Albemarle Corporation, a global provider of essential elements for mobility, energy, connectivity and health, said on Friday that it had promoted Cynthia Lima to Senior Vice President, Chief External Affairs and Communications Officer. Cynthia Lima joined the company as Chief Communications Officer early in 2023 and has expanded her remit to include the global external […] Read more

Rithm Capital finalizes acquisition of Sculptor Capital

November 17, 2023 3:00 pm
Rithm Capital Corp said on Friday that it had finalized its previously announced acquisition of Sculptor Capital Management Inc for $12.70 per Class A share in a deal estimated at approximately $719.8 million. Sculptor’s common stock will now discontinue trading on the New York Stock Exchange and will be delisted. Citi acted as the sole […] Read more

Sasol Limited announces new CEO appointment

November 17, 2023 10:21 am
Sasol Limited said on Friday that it had appointed Simon Baloyi as President, Chief Executive Officer and executive director of the company, effective April 1st 2024. Simon Baloyi is to succeed Fleetwood Grobler, who will continue to serve as an executive advisor until December 31st 2024 in order to ensure a smooth and structured handover. […] Read more

GigaCloud Technology Inc acquires Wondersign

November 16, 2023 2:46 pm
GigaCloud Technology Inc, a pioneer of global end-to-end B2B e-commerce solutions for large parcel merchandise, said on Thursday that it had finalized the acquisition of a 100% equity interest of Apexis Inc (dba “Wondersign”) for $10 million in cash. Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company based in Tampa, Florida, […] Read more

Farmers Edge announces amendment to its credit facility

November 16, 2023 10:17 am
Farmers Edge Inc, a pure-play digital agriculture firm, said on Wednesday that it had entered into an amendment to its secured credit facility with Fairfax Financial Holdings Ltd. The credit facility was increased by $6.37 million to a principal amount of $81.37 million, Farmers Edge said. The increased amount is being extended on the same […] Read more

Astellas Pharma to buy Propella Therapeutics

November 16, 2023 8:24 am
Astellas Pharma Inc said on Wednesday that it had agreed to acquire Propella Therapeutics Inc. Propella is a privately held bio-pharmaceutical firm that has leveraged a wholly owned proprietary platform combining medicinal chemistry with lymphatic targeting to create new oncology drugs. Through the acquisition, Astellas will acquire PRL-02 (abiraterone decanoate), a next-generation androgen biosynthesis inhibitor […] Read more

Bowman buys New Mexico-based High Mesa Consulting Group

November 15, 2023 3:02 pm
Bowman Consulting Group Ltd said on Wednesday that it had acquired Albuquerque, New Mexico-based High Mesa Consulting Group. Established in 1977, High Mesa provides land and drone based surveying, mapping and geospatial services, sub-surface utility infrastructure engineering, inspection and mapping, civil engineering and planning services in New Mexico, Eastern Arizona and Southwestern Colorado. High Mesa […] Read more

Movano Health announces $3.6 million public offering

November 15, 2023 12:34 pm
Movano Health, a purpose-driven health care solutions firm, said on Wednesday that it had priced a $3.6 million underwritten public offering of 4,235,304 shares of its common stock. The offering price, prior to the underwriters’ discount and commissions, for each share of Movano’s common stock was announced at $0.85. The underwriter has been granted a […] Read more