August 30, 2023 12:35 pm
Aramark, a leading company in food, facilities management and uniforms, said on Wednesday that it had appointed Chris Synek as its Chief Operating Officer, effective September 11th. In this newly created COO role, Synek will head Sales, Marketing, Supply Chain, Logistics, Service and Plant Operations and will report to Kim Scott, Aramark’s President and Chief […]
Read moreAugust 29, 2023 12:36 pm
TSR Inc, which provides information technology consulting and recruiting services, said on Monday that its Board of Directors had embarked on a process to identify and evaluate potential strategic alternatives aimed to maximize shareholder value. The company will consider a variety of options, including divestitures, acquisitions or a special dividend, it said. Focus Investment Banking […]
Read moreAugust 28, 2023 12:27 pm
Mortgage lending company Guild Mortgage on Monday announced the acquisition of Illinois-based First Centennial Mortgage, a privately held residential mortgage lender with branches mostly located in the Midwest. However, the financial details of the acquisition remained undisclosed. First Centennial Mortgage was established by brothers Steven and David McCormick in 1995. The company has recently been […]
Read moreAugust 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 […]
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