Proemion Holding GmbH, a global provider of advanced data and analytics technologies for mobile industrial assets, announces an agreement to acquire TrendMiner NV, an industrial analytics company, from Software AG. The spin-out and acquisition of Belgium-based TrendMiner will significantly expand Proemion’s analytics capabilities for critical industrial equipment, helping equipment manufacturers and operators to remotely and…
LSI Industries has bought EMI Industries for $50 million
LSI Industries Inc. (NASDAQ: LYTS), a prominent manufacturer of commercial lighting and displays in the U.S., has officially announced its acquisition of the privately-owned EMI Industries for a cash transaction valued at $50 million. This acquisition enhances LSI’s capabilities in the display solutions sector, particularly within the grocery, convenience store, and restaurant markets. EMI Industries,…
Anna Palairet appointed permanent COO at Fonterra
SYDNEY: Fonterra has today announced that Anna Palairet has been permanently appointed into the role of Chief Operating Officer (COO). Anna has been acting in the position since June 2023. CEO Miles Hurrell says Anna has valuable expertise and a strong relationship focus which serve her well in leading a critical part of the Co-operative….
Stock Trading for Beginners: A Comprehensive Guide
Seize Your Financial Destiny Stock investment and stock trading is not just a trend; it’s a strategic approach to securing a prosperous future. The allure of the stock market lies in its robust potential for generating substantial returns over time. Unlike the negligible interest accrued in a savings account, a diversified portfolio of stocks can…
Nestlé appoints Guillaume Le Cunff as new CEO Zone Europe, Settembri retires
After more than three decades of service, Marco Settembri, the Executive Vice President and Chief Executive Officer of Nestlé’s Zone Europe, is set to retire on June 30, 2024. Settembri, who joined Nestlé Italy in 1987, has been instrumental in steering the company to new heights. Under his leadership, Purina PetCare became one of the…
CareMetx has acquired PX Technology
CareMetx, a leading technology-enabled hub services platform facilitating patient access to specialty medications, has acquired PX Technology, a pioneer in digitizing healthcare processes. Through the acquisition, CareMetx aims to reshape the landscape of specialty medication access and transform patient care with the fusion of its comprehensive patient support services with PX Technology’s innovative digital access…
OutKick scores big in Q1 of 2024 with significant growth across platforms
OutKick, the national multimedia sports platform, has reported a substantial growth in its viewership and engagement in the first quarter of 2024. According to the latest Comscore data, OutKick achieved a 10% increase in total multiplatform views, reaching 81 million, and a 7% rise in total multiplatform minutes, amounting to 78 million. The platform’s average…
ServisFirst Bank appoints Jake Farrell as Chairman of Tennessee
ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), has appointed Jake Farrell to the ServisFirst Bank Memphis team as Chairman of Tennessee working alongside Joel E. Smith, Market President of ServisFirst Bank Memphis, and Bradford Vieira, Regional President and CEO of ServisFirst Bank Tennessee. Jake Farrell joins ServisFirst Bank as Chairman of Tennessee and will…
CEI acquires Fourth Dimension Technologies
CEI, a renowned provider of technology strategy, solutions, and services, has announced the acquisition of Fourth Dimension Technologies, a seasoned IT Solutions and Managed Service Provider with a global presence and 35 years of industry experience. “We are thrilled to welcome the Fourth Dimension team to the CEI family,” said D. Raja, CEO of CEI….
Outrun Therapeutics launches with a $10m seed financing
Outrun Therapeutics, a pioneering force in E3 ligase inhibition and protein stabilization, has announced its emergence from stealth mode, bolstered by a substantial $10 million seed financing round. The company’s innovative platform has swiftly generated a robust pipeline of highly selective, small molecule, first-in-class E3 ligase inhibitors, alongside the discovery of novel E3 ligase targets…
OLX Group appoints Christian Gisy as new CEO
AMSTERDAM: OLX Group has announced the appointment of Christian Gisy as its new Chief Executive Officer. Gisy, a seasoned executive with a wealth of experience in the digital marketplace and e-commerce industry, will take the helm to drive the company’s strategic expansion in Europe and South Africa. OLX Group, headquartered in Amsterdam, is recognized as…
BP announces major organizational restructure to enhance growth and efficiency
LONDON: BP has announced a major overhaul of its organizational structure. The energy giant is set to simplify its framework to better support the strategic goals it established in February 2024, aimed at increasing the company’s value. The restructuring will see BP maintain its three core businesses: Production & Operations, Gas & Low Carbon Energy,…