August 25, 2023 12:35 pm
Cloud company Akamai Technologies Inc said on Thursday that it had acquired select enterprise customer contracts from StackPath. The announcement came after StackPath’s decision to discontinue its content delivery network operations. By acquiring nearly 100 enterprise customer contracts, Akamai Technologies said it expected the transaction to add about $20 million in revenue and to be […]
Read moreAugust 24, 2023 12:36 pm
ABC Technologies Holdings Inc, a manufacturer and supplier of highly engineered, technical plastics and lightweighting innovations to global automotive customers, said on Wednesday it had entered into an agreement to acquire Plastikon Industries’ automotive business in North America for $130 million. Expected to be renamed to Plastikon Automotive, the business was established more than 40 […]
Read moreAugust 24, 2023 9:50 am
South Korea’s LG Chem Ltd. said on Thursday that it was seeking to sell its information technology film business as it aimed to boost competitiveness. “We are pursuing plans to sell our film business as part of our effort to strengthen our business competitiveness focusing on the three new growth engines, but no specific decisions […]
Read moreAugust 23, 2023 12:50 pm
VSBLTY Groupe Technologies Corp, an AI software provider of security and retail analytics technology, said on Wednesday it had agreed to acquire Shelf Nine, a leader in retail media networks. The two companies expect to close their definitive agreement within the upcoming 30 days as soon as their due diligence is completed. The agreement represents […]
Read moreAugust 22, 2023 9:34 am
Science Applications International Corp (SAIC) said on Monday that it had signed a strategic collaboration agreement with Amazon Web Services (AWS) to offer industry-leading services, resources and expertise, which would help government clients better utilize SAIC’s cloud solutions in AWS GovCloud. The collaboration further advances SAIC’s ability to develop and design tailored secure cloud solutions […]
Read moreAugust 18, 2023 9:38 am
Coty Inc, a leading beauty firm, said on Friday that it had renewed its long-term license agreement with Adidas. The focus of the partnership between the two companies has been set on the intersection of personal care, wellness, sports and sports lifestyle, with pioneering research and innovation into areas such as the impact of fragrance […]
Read moreAugust 17, 2023 1:33 pm
Canadian Solar Inc said on Thursday that e-STORAGE, which is part of its majority-owned subsidiary CSI Solar Co Ltd, would provide 1,200 MWh (1,519 MWh DC nominal) of energy storage solutions to Recurrent Energy’s Papago Storage project in Arizona. A wholly-owned subsidiary of Canadian Solar, Recurrent Energy will begin constructing Papago Storage in Q3 of […]
Read moreAugust 15, 2023 10:36 am
Rogers Corporation said on Monday that it had appointed Griffin Gappert as Vice President and Chief Technology Officer. Gappert will head Rogers’ global Research and Development organization and partner with business unit leaders in order to drive innovation and commercialization of next-gen material solutions, the company said. Gappert, who holds a PhD in Chemical Engineering […]
Read moreAugust 14, 2023 12:25 pm
Royal Philips and Exor N.V. said in a joint statement on Monday that they had entered into a relationship agreement, under which Exor has acquired a 15% stake in Philips. The agreement includes Exor’s commitment to be a long-term minority investor and the right to nominate one member to the Supervisory Board of Philips, the […]
Read moreAugust 10, 2023 12:28 pm
POSaBIT Systems Corp, a financial technology firm that offers payment processing and point-of-sale systems to cash-only businesses, said on Wednesday that Chris Baker had been appointed as its next Chief Operations Officer with immediate effect. At present, Baker assumes the role of Chief Strategy Officer of POSaBIT Systems. In the new role, Baker will oversee […]
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