CHICAGO: Strata Decision Technology has reached a definitive agreement to acquire EPSi from Allscripts for $365 million, a news release said. EPSi is a leading provider of financial decision support and planning tools for hospitals and health systems. “By bringing these two outstanding companies together, we believe that we can build one of the most…
Rob Shuter appointed CEO of BT Group’s Enterprise unit
LONDON: BT Group announced the appointment of Rob Shuter as CEO of its Enterprise unit and as a member of BT’s Executive Committee. Rob is expected to join by the end of the 2020/21 financial year. Rob is currently Group President and CEO at MTN Group, Africa’s leading mobile telecommunications company with 250 million customers…
DWF Group announces appointment of new chairman and deputy chairman
LONDON: DWF, the global legal business, announce that Jonathan Bloomer will join the Board as Chairman with effect from 1 August 2020. When Sir Nigel Knowles became CEO and the Board commenced the process to find a new Chairman, Chris Sullivan stepped up as Interim Chairman. Chris will now take the role of Deputy Chairman,…
Bigblue selling its UK and European satellite broadband operations
LONDON: Bigblu Broadband plc has conditionally agreed to sell the Company’s UK and European satellite broadband operations to Eutelsat S.A. for a maximum aggregate consideration of up to £39.3 million, a news release said. An initial consideration of £37.8 million is payable in cash, with £36.8 million paid on Completion and £1 million, subject to…
Worldwide smartphone shipments decline 16% in the second quarter of 2020
FRAMINGHAM: Overall smartphone shipments worldwide declined 16.0% in the second quarter of 2020 (2Q20), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. In total, companies shipped 278.4 million smartphones during 2Q20. Although this a larger decline than in the first quarter, it was expected as major economies around…
SGX reports FY2020 net profit of S$472 million
SINGAPORE: Singapore Exchange (SGX) reported FY2020 net profit of S$472.0 million (S$391.1 million), with revenues of S$1,052.7 million (S$909.8 million). EBITDA stood at S$655.7 million (S$523.5 million), while earnings per share was 44.1 cents (36.5 cents). The Board of Directors has proposed a final quarterly dividend of 8.0 cents per share, payable on 9 October…
SGX welcomes Singapore Paincare Holdings Limited to Catalist
SINGAPORE: Singapore Exchange (SGX) today welcomed Singapore Paincare Holdings Limited to its Catalist under the stock code “FRQ”. Singapore Paincare Holdings Limited opened at S$0.22 today. Singapore Paincare Holdings is a medical services group at the forefront of providing accessible pain care treatment in Singapore. It focuses on the treatment of patients suffering from chronic…
Spectrum Pharmaceuticals announces proposed public offering of common stock
HENDERSON: Spectrum Pharmaceuticals Inc. intends to offer and sell shares of its common stock in an underwritten registered public offering, a news release said. All of the shares in the offering are to be sold by Spectrum. Spectrum also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of…
Major victory for California dairy farms
SACRAMENTO: A decisive victory for small family dairy farms was won this week in what has been called a civil war in the California dairy industry. In a proceeding before The California Department of Food and Agriculture, Administrative Law Judge Timothy J. Aspinwall issued a much-awaited decision on a petition that could have put hundreds…
Zyxel launches MPro Mesh system for whole-home WiFi
ANAHEIM: Zyxel Communications announced the launch of the MPro Mesh system for whole-home WiFi and the addition of two new WiFi 6 products for service providers: EX3510 AX5700 WiFi 6 Gigabit Ethernet Gateway and WX3310 Dual-Band Wireless AX Gigabit Access Point/Extender. The new Zyxel CPE products deliver lightening-fast throughput speeds enabling operators to provide ultra-high…
John Gillam to become Nufarm Chairman
SYDNEY: The Nufarm Board of Directors announced the appointment of John Gillam to succeed Donald McGauchie AO as Chairman. Mr Gillam will join the Board on 31 July 2020 and assume the role of Chairman on 24 September 2020 following Mr McGauchie’s retirement as Chairman and Non-executive Director, which was previously advised at the company’s…
Nanoveu signs Thai and Malaysian distribution agreements
SYDNEY: Nanoveu Limited has signed distribution agreements for the it’s antiviral protection products with Sanyo Trading Company Limited for the Thai and Malaysian markets. Sanyo Trading is a major corporation listed on the Tokyo Stock Exchange which provides trading services, managing the import and export of rubber, chemicals, machinery and other scientific and industrial products….