NEW YORK: Datadog Inc. announced that ParkMobile, the leading provider of smart parking and mobility solutions in the U.S., has utilized Datadog for monitoring, APM, and logging during its migration from an on-premises environment to a cloud-based environment on Amazon Web Services. ParkMobile helps millions of people easily find and pay for parking on their…
Mac becomes interim CEO of California Resources Corporation
SANTA CLARITA: California Resources Corporation announced that Todd A. Stevens, President and Chief Executive Officer, will be leaving the Company on December 31. Mark A. (Mac) McFarland, the Company’s Executive Chairman, will serve as interim Chief Executive Officer and James N. Chapman will serve as Lead Independent Director. The Board of Directors will launch a…
Kindred Healthcare appoints Jason Zachariah President and Chief Operating Officer
LOUISVILLE: Kindred Healthcare LLC announced the appointment of Jason Zachariah as President and Chief Operating Officer, effective immediately. Mr. Zachariah will oversee Kindred’s Hospital Division, Kindred Rehabilitation Services (“KRS”), and Kindred Behavioral Health. Benjamin A. Breier, Kindred’s Chief Executive Officer, said, “Jason has a proven record of driving operational results, encouraging innovation, and enhancing our…
INVISIO acquires Racal Acoustics, a UK-based supplier of communication and hearing protection solutions
HELSINKI: INVISIO has signed an agreement to acquire all the shares in Racal Acoustics, a UK-based supplier of communication and hearing protection systems for high noise environments, with annual sales of approximately SEK 130 million. Racal Acoustics Ltd, a subsidiary of TransDigm Group Inc. prior to INVISIO’s acquisition, is a world-leading brand with a history…
Columbus A/S to divest its software subsidiary, To-Increase, to Gilde Buy Out Partners
COPENHAGEN: Columbus A/S entered into an agreement to divest its software subsidiary To-Increase to Gilde Buy Out Partners and the management of To-Increase for a price (Enterprise Value) of EUR 113 million. The agreement has been entered into following a binding offer which Columbus received from Gilde Buy Out Partners today. The transaction is subject…
NetCents Technology recruits Nilang Vyas as Chief Technical Officer
VANCOUVER: NetCents Technology Inc. announced the recruitment of Nilang Vyas as Chief Technical Officer. As Chief Technical Officer, Mr. Vyas will drive a hybrid approach to innovation, deploying technologies that will enhance the capabilities of the Company’s current product offering and technologies that will improve business efficiencies. Before joining NetCents, Mr. Vyas was the Chief…
Indus Holdings completes C$34.5 million underwritten public offering
SALINAS: Indus Holdings Inc. announced the closing of its previously announced underwritten public offering of units of the Company. he Offering was conducted by a syndicate of underwriters co‐led by Canaccord Genuity Corp. and Beacon Securities Limited, and including PI Financial Corp. and consisted of the sale of 23 million Units (including the full exercise…
Everfuel signs EUR 20.7 million EIB-loan for green transport in Denmark
HERNING: Everfuel A/S has signed a Euro 20.7 million loan agreement with The European Investment Bank (EIB), to scale up and commercialize hydrogen production for use as an alternative fuel for public and heavy-duty fuel cell vehicles. The financing is supported under the Future Mobility product, backed by the Connecting Europe Facility (CEF) and the…
Cognite and Aramco sign JV to focus on digitalization across industries in the region
OSLO: Cognite AS, a global industrial software company and majority-owned subsidiary of Aker ASA, has signed a joint venture (JV) agreement with Saudi Aramco Development Company, a subsidiary of The Saudi Arabian Oil Company, as part of the two companies’ strategic partnership on industrial digitalization and sustainability initiatives. The JV is one of the initiatives…
Countryside Properties signs new collaboration agreement with Sigma Capital
LONDON: Countryside Properties plc, a leading UK mixed-tenure developer, has further expanded its strategic relationship with Sigma Capital plc, a specialist Private Rental Sector (PRS) provider. The new Collaboration Agreement will deliver up to 5,000 new PRS homes across multiple regions in England over the next three years. The Agreement further expands Countryside and Sigma’s…
Countryside Properties Plc
Countryside Properties Plc is the UK’s leading mixed-tenure developer through its two divisions, Partnerships and Housebuilding, creating places where people love to live, with sustainable communities built to last. In April 2020, it was awarded the 5 Star Rating by the Home Builders Federation following the latest home building industry’s Customer Satisfaction Survey. Countryside’s Partnerships…
PRS REIT announces £19 million acquisition
LONDON: The PRS REIT announced the acquisition of a fully-let development of 123 new homes in Greater Manchester for £19m from BlackRock Real Assets. The transaction marks the full commitment of the PRS REIT’s funding resource of £900m (gross), and accelerates income delivery for the Company. This is in line with the stated intention of…