ISLAMABAD: Government has issued Alternate and Renewable Energy (ARE) Policy 2020 setting requisite processes in place so that ARE is fully mainstreamed and integrated within the energy planning as the country intends to have at least 20 percent of its generation capacity as ARE technologies by 2025 and 30 percent by 2030. “In order to…
Esri and UN launch global storytelling competition
REDLANDS: Esri, the global leader in location intelligence, and the United Nations (UN) Sustainable Development Solutions Network (SDSN) have launched the 2020 ArcGIS StoryMaps Competition for the Sustainable Development Goals. The SDSN is a leading nongovernmental organization (NGO) working to mobilize global scientific and technological expertise for sustainable development. According to the organization’s president, economist…
Hawk Ridge Systems acquires Quest Integration
MOUNTAIN VIEW: Hawk Ridge Systems has acquired Quest Integration, a leading DS SOLIDWORKS Reseller in the West, a news release said. The combined company will be the largest provider of HP and Markforged 3D printing solutions and one of the most comprehensive North American DS SOLIDWORKS Reseller networks, with 22 offices serving 23,500 clients in…
MaxLinear acquires NanoSemi
CARLSBAD: MaxLinear Inc. has completed the acquisition of NanoSemi Inc. for an initial transaction consideration consisting $10 million in cash and 804,163 shares of MaxLinear’s Common Stock. NanoSemi is an industry-leading provider of intellectual property that utilizes patented machine learning techniques to improve signal integrity and power efficiency in SoCs, ASICs, and FPGAs used in…
Brookfield Property and Simon Property to acquire JCPenney retail and operating assets
PLANO: J.C. Penney Company Inc. has reached an agreement in principle to sell JCPenney through a court-supervised sale process. The Company plans to seek approval of a disclosure statement and, ultimately, confirmation of a plan of reorganization in parallel with the sale process. Related to the sale process, JCPenney expects to execute a “stalking horse”…
Strategic Data Center acquires data center in Northern Virginia for $8.25 million
COSTA MESA: Strategic Data Center Fund Manager LLC announced acquisition of a tier III data center, which includes 21,100 rentable square feet and is located in one of the largest and most prominent data center markets in the world. The building is 100% leased to a data center service provider that has over 100 years…
T-Mobile launching New Motorola razr 5G
BELLEVUE: T-Mobile announced that the new Motorola razr is coming to the Un-carrier, bringing more options for customers to tap into the first and largest nationwide 5G network in the US. The razr brings back the old school flip phone now reinvented and packed with the power of 5G, tapping into T-Mobile’s LTE and 5G…
Cellmid engages advisers to facilitate divestment from its subsidiary Lyramid
SYDNEY: Cellmid Limited has appointed C14 Consulting and PharmaVentures Limited to actively search for partners or buyers for Lyramid, Cellmid’s wholly owned subsidiary engaged in the research and development of treatments for inflammatory diseases and cancer targeting midkine, an embryonic growth factor implicated in a number of disease indications. The two agreements are independent from…
Helen Wiseman appointed Chair of Elixinol Global
PERTH: Elixinol Global Limited announced that Ms Helen Wiseman has been appointed Chair of the Elixinol Global Board, effective immediately, and that Mr Paul Benhaim will move into a Non-Executive Director role. Ms Wiseman joined the Elixinol Global Board as Non-Executive Director in April 2020. She is an audit committee specialist with extensive international experience…
Emerge Gaming expands international footprint with revenue generative partnership
PERTH: Emerge Gaming Limited, the owner and operator of eSports and gaming technology, has concluded a first phase licencing agreement with Tecnología de Impacto Multiple S.L. (TIM) to market Emerge’s proprietary tournament platform technology into an affiliate sales network under a white-labelled brand. Emerge, in partnership with TIM and its related entity Impact Crowd Technology…
Charter Hall Retail REIT extends bp partnership in NZ portfolio acquisition
SYDNEY, AUSTRALIA: Charter Hall Retail Management Limited (CQR) announced an extension of its partnership with bp, with an investment in a Charter Hall managed fund that has contracted to acquire a 49% interest in a portfolio of 70 Long WALE triple net leased (NNN) Convenience Retail properties leased to bp in New Zealand. The portfolio,…
APN Convenience Retail acquires Shell Bellevue
PERTH: APN Convenience Retail REIT has agreed to acquire Shell Bellevue, WA for $6.15 million, representing a purchase yield of 6.65%. Shell Bellevue, which was built in September 2018, occupies a prime position eastbound on the Great Eastern Highway, one of Perth’s major feeder roads, which is exposed to over 40,000 vehicles daily and is…