OSLO: Elliptic Laboratories AS has announced a successful private placement raising gross proceeds of NOK 125 million through the allocation of 833,333 new shares at a subscription price of NOK 150 per share. The Private Placement attracted very strong interest from Norwegian, Nordic and international high-quality institutional investors and was significantly oversubscribed. Three cornerstone investors…
Asetek receives $600,000 order from global data center OEM partner
AALBORG, DENMARK: Asetek AS has announced a new order from a current HPC OEM partner. The order value is approximately USD 600,000 depending on final configuration. Shipments are anticipated to commence late this year and conclude early next year. Asetek, the creator of the all-in-one liquid cooler, is the global leader for liquid cooling solutions…
TietoEVRY and Zwipe partner to deliver biometric payments to banks in Nordic and Baltic
OSLO: Zwipe and TietoEVRY have agreed to jointly roll-out biometric payment solutions based on the Zwipe Pay ONE platform for banks in the Nordic and Baltic regions. With the recent surge in demand for safer and more secure payments, TietoEVRY is embracing biometric payment innovations that enable more hygienic, secure and convenient payments for consumers.…
ArcticZymes to supply Simcere with HL-SAN for metagenomics sequencing tests
TROMSØ: ArcticZymes AS has entered into a supply and distribution agreement with precision medicine company Jiangsu Simcere Diagnostics, Nanjing, China for the supply of Heat-Labile Salt Active Nuclease (HL-SAN) to be used in the development and manufacturing of Simcere’s sequencing assays. HL-SAN is a critical component of Simcere Diagnostics’ infectious disease metagenomic assays. In particular,…
Grand Venture Technology incorporates wholly-owned subsidiary in Malaysia
SINGAPORE: The Board of Directors of Grand Venture Technology Limited has incorporated a wholly-owned subsidiary in Malaysia known as Grand Venture Technology (Penang) Sdn Bhd (GVT PG). GVT PG was incorporated with an issued and paid-up share capital of MYR 3 (approximately S$1). The principal business of GVT PG will be that of manufacturing complex…
Suntec REIT enters London with £430.6 million acquisition of Nova Properties
SINGAPORE: Suntec REIT has entered into a sale and purchase agreement with Canada Pension Plan Investment Board to acquire a 50% interest in two Grade -A office buildings (Nova Properties) with ancillary retail for an agreed value of £430.6 million. The properties include Nova North, Nova South and The Nova Building or collectively known as…
Suntec REIT
Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore’s largest integrated commercial development (including one of Singapore’s largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the …
NIC secures contracts in Florida and Iowa for payment processing and digital government solutions
OLATHE: NIC Inc. has won new multi-year contracts with the states of Florida and Iowa following competitive bid processes, a news release said. “We are excited by the confidence Florida and Iowa have placed in NIC solutions as we continue to expand our payment processing and digital government services across the country,” said Harry Herington,…
BrightView acquires Commercial Tree Care Inc.
BLUE BELL: BrightView Holdings Inc. has announced the acquisition of Commercial Tree Care Inc. (CTC), a full-service tree care company based in San Jose, Calif. The purchase of CTC followed the sale of BrightView Tree Company to Devil Mountain Nursery of San Ramon, Calif. Terms of the transactions were not disclosed. Founded in 1992, CTC…
Heritage Cannabis announces the acquisition of Opticann Inc.
TORONTO: Heritage Cannabis Holdings Corp. has completed its acquisition of all of the issued out outstanding securities of Opticann Inc., a Colorado based oral and topical cannabinoid company. Opticann has the rights to exclusively sell CBD and CBG products made with the patented VESIsorb drug delivery system for optimized absorption and stability. “Bringing Opticann on…
Rite Aid to acquire Bartell Drugs
SEATTLE: Rite Aid and Bartell Drugs have entered into a definitive agreement under which Rite Aid will acquire Bartell Drugs. The transaction is expected to be accretive to Rite Aid’s adjusted earnings per share after the first 12 months following the closing of the transaction. The transaction is expected to close by the end of…
Repustar launches initiative to combat election-related misinformation on social media platforms
MENLO PARK: Repustar, a new fact-checking platform, launched a significant initiative to combat election-related misinformation, a news release said. The main goal of the initiative—dubbed #MakeFactsCount—is to recruit one thousand volunteers to monitor social media threads looking for possible misleading links or stories about voting and elections, and give them the tools to intercept the…