Shiseido, a Japanese cosmetics giant, has announced the completion of its acquisition of Dr. Dennis Gross Skincare, a US-based skincare brand known for its clean, innovative and science-based products. The deal, which was first revealed in December 2023, is part of Shiseido’s strategy to become a leading personal beauty wellness company by 2030 and to…
Tokyo Gas America acquires stake in ARM Energy Trading
Tokyo Gas America, a subsidiary of Tokyo Gas, has bought a minority share in ARM Energy Trading, a new entity that includes ARM Energy Services and ARM Energy Mexico, two of the biggest natural gas marketers in North America. The deal will allow ARM Energy Trading to expand its asset optimization and trading strategy, as…
Dream Unlimited sells Colorado ski resort to Alterra
Dream Unlimited Corp., a Canadian real estate company, announced on Monday that it has agreed to sell its Colorado ski resort, Arapahoe Basin, to Alterra Mountain Company, a leading operator of ski destinations in North America. The deal, which is expected to close in 2024, will generate an after-tax profit of $110 million for Dream,…
Huawei MatePad Pro 13.2: A stunning tablet with a big problem
Huawei has recently launched the MatePad Pro 13.2, a large and powerful tablet with an OLED screen, a new Kirin 9000S chip, and Harmony OS 4. But is it worth buying, especially when it lacks Google support? Let’s find out. Lenovo ThinkBook Plus Gen 5 Hybrid hands-on: A laptop and a tablet in one ##…
Yandex sells Russian business for $5 billion amid war and sanctions
Yandex NV, the Dutch parent of Russia’s leading tech company, has agreed to sell its core business in Russia to its local managers, oil giant Lukoil and other investors for $5 billion, half of its market value before the war. The deal is one of the largest exits of Western companies from Russia since President…
HungerRush appoints Mike Jerich as new CEO
HungerRush, a leading cloud software provider for the restaurant industry, has announced Mike Jerich as its new Chief Executive Officer, effective February 5th. Jerich will succeed Bill Mitchell, who will become Executive Chair of the Board of Directors. Jerich brings over 20 years of experience in technology, having led ServiceMax as its Chief Revenue Officer…
Security Compass acquires Kontra to enhance application security training
Security Compass, The Security by Design Company, has acquired Kontra, an application security training software provider, from ThriveDX. The deal will enable Security Compass to offer a wider range of cybersecurity training solutions, including hands-on labs and developer-friendly courses. Security Compass and Kontra share a common vision of empowering businesses with application security solutions that…
Wiz hires Zscaler’s Dali Rajic as President and COO to lead its cloud security growth
Wiz, the cloud security leader that is ranked #1 by customers, has appointed Dali Rajic as its new President and Chief Operating Officer. Rajic will help steer the company through the next phases of its rapid growth on the road to IPO. Rajic joins Wiz from Zscaler, where he was the Chief Operating Officer and…
Gebrüder Weiss acquires Cargo-Link to expand LCL services in North America
Gebrüder Weiss, a 500-year-old international transport and logistics company, has acquired Cargo-Link, a family-owned freight forwarding company based in Salt Lake City, Utah. The deal is part of Gebrüder Weiss’ plans to grow its presence and LCL services in North America, especially in the fast-growing Salt Lake City market. Cargo-Link, founded in 1976, specializes in…
MobilityWorks acquires ParaQuad Mobility and Absolute Mobility
MobilityWorks, the nation’s largest retailer of wheelchair-accessible vehicles and mobility equipment, has acquired ParaQuad Mobility in Utah and Absolute Mobility in Washington, expanding its presence in the western United States. The company aims to provide more mobility solutions and services to clients in the Pacific Northwest and Salt Lake City regions, who will benefit from…
Mondi Plc has acquired Hinton Pulp mill for $5 million
LONDON, UK: Mondi plc (Mondi), a global leader in the production of sustainable packaging and paper, has completed the acquisition of Hinton Pulp mill in Alberta, Canada, from West Fraser Timber Co. Ltd (West Fraser) for a total consideration of USD 5 million. The mill has the capacity to produce around 250,000 tonnes of pulp…
Komatsu and Williams Racing renew F1 partnership after 27 years
Komatsu, a leading heavy equipment manufacturer, has announced a multi-year deal with Williams Racing to become the Principal Partner of the British F1 team from 2024.The two brands have a history of success in the sport, winning Constructors’ and Drivers’ Championships in 1996 and 1997. The partnership will focus on the long-term development of engineering,…