SYDNEY: Roots Sustainable Agricultural Technologies Limited secured a Non-binding Letter of Intent (LOI) with existing partner, smart technology provider, Humboldt CCTV to integrate its proprietary Root Zone Temperature Optimisation (RZTO) technology and revolutionary heat exchange stub product into Humboldt’s Smart Agriculture (SmartAg) solution. Both parties will also progress an initial deployment to test the integrated…
Aker BioMarine and Krill industry join forces to protect penguins in Antarctica
FORNEBU: An NGO-industry collaboration to protect the Antarctic Ocean today announced a big step forward with a year-round permanent closure of a 4500km2 area of ocean around Hope Bay in the northern Antarctic Peninsula. The move is supported by the Association of Responsible Krill harvesting companies (ARK) and an NGO coalition of Greenpeace, Pew, WWF…
HealthStream acquires myClinicalExchange
NASHVILLE: HealthStream has acquired substantially all of the assets of myClinicalExchange LLC, a Denver-based information technologies company, for approximately $4.5 million in cash, subject to customary purchase price adjustments. Through the acquisition, HealthStream gains myClinicalExchange’s SaaS application that allows healthcare organizations to track, manage, and report the intern and clinical rotation educational requirements of medical,…
Resource Label Group acquires Labels West
FRANKLIN: Resource Label Group LLC has acquired Seattle-based Labels West, broadening its presence in the Pacific Northwest, a news release said. Resource Label is a portfolio company of First Atlantic Capital, a New York-based private investment firm, and TPG Growth, the middle market and growth equity investment platform of TPG. Founded in 1978, Labels West…
sPower acquires nine New York solar projects from National Grid Renewables
SALT LAKE CITY: sPower has acquired nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division, a news release said. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to have a 1-gigawatt (GWdc)…
Skylo partners with BSNL to launch world’s first satellite-based IoT network in India
PALO ALTO: Skylo announced an exclusive partnership with BSNL, India’s government-owned telecommunications provider. “For centuries, industries including agriculture, railways, and fisheries, have been operating in the physical world and haven’t had the opportunity to take full advantage of modern digital technologies like AI, machine learning, IoT, and space connectivity, regardless of their geography — until…
Seritage Growth Properties announces CEO transition
NEW YORK: Seritage Growth Properties announced that Benjamin W. Schall, the Company’s Chief Executive Officer, President and Trustee is resigning from his role to pursue another opportunity. Mr. Schall will facilitate the transition of his responsibilities by mid-January 2021. The Board of Trustees will conduct a search for Mr. Schall’s successor, which shall include internal…
PropertyGuys.com’s Canadian-made real estate platform expands to South Africa
MONCTON: PropertyGuys.com, one of Canada’s celebrated PropTech pioneers announced its recent international expansion. The PropertyGuys.com franchise platform and consumer marketplace was selected by South African entrepreneurs for its unique approach to real estate that is built to rival traditional brokerage models. The deal highlights 122 exclusive franchise territories to be developed within the Master Territory….
Gerry’s dnata partners Virgin Atlantic to handle its passenger and cargo operations in Pakistan
KARACHI: Gerry’s dnata, a joint venture of Ground Handling Services between dnata Dubai and Gerry’s Group Pakistan, announced its partnership with Virgin Atlantic Airways by becoming the airline’s preferred Ground Services Provider (GSP) for Lahore-London and Islamabad-London/Manchester flight operations in Pakistan. Virgin Atlantic Airways is scheduled to operate this week from Lahore and Islamabad with…
Lion-OCBC Securities Hang Seng TECH ETF lists on Singapore Exchange
SINGAPORE: Singapore Exchange (SGX) has welcomed the listing of Lion-OCBC Securities Hang Seng TECH ETF with assets under management of S$64 million, providing efficient access to the fastest-growing Chinese technology companies as retail demand for exchange-traded funds (ETFs) reaches a new high. The Lion-OCBC Securities Hang Seng TECH ETF is the second ETF listing by…
Total SE closes its investment in Energía Costa Azul LNG export project
PARIS: Total SE, Sempra LNG and IEnova have signed binding agreements finalizing Total’s equity investment in the Energía Costa Azul liquefied natural gas export project (ECA LNG), located in Baja California, Mexico. Total now holds a 16.6% equity share of the project, for which the final investment decision was taken last November for the development,…
Carasent ASA acquires Avans Soma AS
OSLO: Carasent ASA has acquired the Norwegian company Avans Soma AS, developer of leading medical record systems and IT solutions in the Norwegian health care market. “We are very pleased to have completed this transaction as Avans Soma, with its strong presence in the Norwegian health care market, constitutes a foundation for our further establishment…