SAN RAMON: Five9 Inc. announced the execution of a definitive agreement to acquire Inference Solutions, the most widely deployed Intelligent Virtual Agent (IVA) platform. “Intelligent and personalized self-service has become the preferred approach to service for customers,” said Donna Fluss, President, DMG Consulting, LLC. “IVAs, which are AI-enabled omni-channel self-service solutions, are going to play…
Three Pillars Capital Completes $100 million multi-property acquisition next to NRG Stadium
HOUSTON: Three Pillars Capital has completed a massive 3-property multifamily portfolio acquisition reported to be valued at $100 million, a news release said. Combined, the NRG Portfolio comprises of three properties totaling almost 700 units and are located in an opportunity zone, that of the rapidly growing Texas Medical Center, directly neighboring the iconic NRG…
Columbia Sportswear announces senior leadership changes as part of transition plans
PORTLAND: Columbia Sportswear Company has announced a series of senior leadership changes executing on transition plans, supporting the Company’s omni-channel plans for growth and unlocking digital opportunities. Thomas B. Cusick has announced his intention to retire from the Company. In February 2021 Mr. Cusick will step down from his role as Executive Vice President and…
California Leafy Greens Marketing Agreement appoints Tim York as New CEO
SACRAMENTO: Tim York was named as the new Chief Executive Officer of the California Leafy Greens Marketing Agreement (LGMA) during today’s Board of Directors meeting. York will replace Scott Horsfall who is retiring in early 2021. York will begin his work with the LGMA on December 1. “Tim has been an influential presence when it…
SGX welcomes Nanofilm Technologies International Limited to Mainboard
SINGAPORE: Singapore Exchange (SGX) welcomed the listing of Nanofilm Technologies International Limited on its Mainboard under the stock code “MZH”. Nanofilm Technologies International Limited opened at S$2.77 today. Founded in 1999 as a high-tech spin-off from the Nanyang Technological University, Nanofilm Technologies International Limited is a leading provider of nanotechnology solutions in Asia. Their key…
Samsung reclaims top spot as worldwide smartphone shipments clocked in at 353.6 million
FRAMINGHAM: With the re-opening of economies around the globe as COVID-19 restrictions were gradually relaxed, worldwide mobile shipments clocked in at 353.6 million during third quarter of the year ended September 30, 2020, preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker suggests. The worldwide smartphone market showed signs of improvement…
Fjordkraft acquires Troms Kraft Strøm AS, subsidiary Switch Nordic Green
OSLO: Fjordkraft Holding ASA has entered into an agreement for the acquisition of 100% of the shares in Troms Kraft Strøm AS and its subsidiary Switch Nordic Green AB, from the current owner Troms Kraft AS. Key information about Switch Nordic Green (SNG): SNG is a Nordic electricity retailer with operations in both Sweden and…
Per Ronny Stav appointed CEO of Arribatec
OSLO: The board of Directors of Arribatec Solutions ASA announced the appointment of Per Ronny Stav as Chief Executive Officer (CEO). “We´re pleased to announce the appointment of Per Ronny Stav as the CEO of the listed entity following the acquisition of Arribatec AS, the new consolidation strategy and subsequent name change. “Per Ronny is…
Elixirr International acquires Coast Digital Limited
LONDON: Elixirr International plc announced the acquisition of the entire issued share capital of digital marketing firm Coast Digital Limited for a maximum consideration of approximately £3.8 million plus an additional cash payment based on working capital at completion. The total consideration payable is £3.8 million. This consists of initial cash consideration of £2.2 million,…
Supermarket Income REIT acquires Sainsbury’s supermarket in Newcastle for £53.1 million
LONDON: Supermarket Income REIT announced the acquisition of a Sainsbury’s supermarket (and adjoining commercial premises) in Heaton, Newcastle upon Tyne, from the National Farmers Union for £53.1 million, reflecting a combined net initial yield of 4.1%. Sainsbury’s has a long history of trading from this prominent 11-acre site, which was originally developed in the 1980s…
Chris Gillespie appointed CEO of H&T Group Plc
LONDON: The board of H&T Group Plc announced the appointment of Chris Gillespie as chief executive officer of the Group. Subject to the necessary regulatory approvals, his appointment will be effective from 1 January 2021, following the retirement of John Nichols. Gillespie joined H&T in September 2020 as an executive director, as part of a…
Lekoil enters strategic alliance agreement with NAMCOR Exploration and Production
LONDON, UK: LEKOIL Limited’s subsidiary LEKOIL Exploration & Production (PTY) Namibia has entered into a Strategic Alliance Agreement (SAA) with NAMCOR Exploration and Production. NAMCOR E&P, a subsidiary of the national oil company of Namibia, namely the National Petroleum Corporation of Namibia Pty Limited (NAMCOR), seeks to invest capital in the acquisition of interests in…