LONDON, UK: DS Smith Plc announced that Miles Roberts has informed the company of his intention, following 13 years with the company, to retire from the Board and from his role as CEO. A thorough recruitment process will be conducted and Miles will remain as a director of the Company and CEO throughout and will…
KKR offers to acquire Smart Metering Systems plc for £1.3 billion
LONDON, UK: Kohlberg Kravis Roberts & Co. L.P. (KKR), through a newly formed Sienna Bidco, reached agreement on the terms of a recommended all cash acquisition of Smart Metering Systems plc (SMS) at the rate of 955 pence in cash per share valuing SMS at £1.3 billion on a fully diluted basis, and this implies…
Woodings Industrial acquires Superior Machine Company, expands melt shop capabilities
PITTSBURGH: Woodings Industrial Corporation and affiliated companies have announced the acquisition of Superior Machine Company of South Carolina, Inc., a leading provider of electric arc furnace and continuous casting equipment and services. The acquisition will strengthen Woodings Industrial’s position in the North American market for melt shop engineering, design, maintenance, and repair. Superior Machine, founded…
Bristol Myers Squibb announces 5.3% dividend increase
PRINCETON: Bristol Myers Squibb (NYSE: BMY) announced that its Board of Directors has approved a quarterly dividend of $0.60 per share for the company’s common stock with a par value of $0.10. The dividend will be paid on February 1, 2024, to shareholders who own the stock as of the end of business on January…
ElectraMeccanica continues merger talks with electric businesses: Susan Docherty
ElectraMeccanica, a Canadian electric vehicle company, is still pursuing its merger strategy with other electric businesses, despite the failed deal with Tevva Motors in September 2023. The company’s CEO and Board Member, Susan Docherty, addressed the shareholders in a letter on Wednesday, December 6, 2023, and updated them on the progress of the merger talks….
Careteq Limited signs deal to acquire HMR Referrals platform
SYDNEY, AUSTRALIA: Careteq Limited (ASX: CTQ) has entered into a binding agreement to acquire the business and assets of New Medical Enterprises Pty Ltd trading as HMR Referrals for total consideration of $250k cash and $250k in ordinary shares at 2.5c per share. Established in 2016, HMR Referrals is a marketplace platform that securely simplifies…
Semiconductor developer BluGlass to acquire GaNWorks Foundry
SYDNEY, AUSTRALIA: Global semiconductor developer BluGlass Limited (ASX: BLG) has reached an agreement to acquire its commercial contract manufacturing partner, GaNWorks Foundry Inc. for US$800,000. Under the agreement, BluGlass will acquire core gallium nitride (GaN) wafer processing equipment and processes from GaNWorks Foundry, completing vertical integration of its Silicon Valley laser fabrication facility (the Fab)….
Apple to launch new iPad and Mac models with OLED displays, M3 chips in March 2024
Apple is reportedly preparing to launch a slew of new products in the first quarter of 2024, including new iPad and Mac models with OLED displays and M3 chips. According to a report by Bloomberg, the company is planning to unveil new iPad Pro, iPad Air, and MacBook Air models around the end of March,…
How Can Outsourcing Content Moderation Help Businesses?
In today’s fast-paced digital landscape, where user-generated content is prevalent, businesses must maintain a secure and welcoming online environment. Content moderation plays a critical role in achieving this goal. However, online interactions’ ever-increasing volume and complexity have become challenging for many companies. This is where moderation outsourcing becomes a valuable solution for businesses looking to…
Microsoft to charge Windows 10 users for security updates after 2025
Microsoft has announced that it will offer Extended Security Updates (ESU) for Windows 10 users who want to keep using the operating system beyond its end-of-life date of October 14, 2025. The ESU program, which was previously only available for enterprise customers, will be accessible to individual users through an annual subscription service. However, the…
Enterprise Customers
Enterprise customers are large businesses with complex structures and needs. They usually have more than 250 employees and $50 million-plus in annual revenue. They are different from individual customers or small and midsize businesses in terms of their purchasing behavior, decision-making process, and requirements. Some of the challenges and opportunities for selling to enterprise customers…
Caterpillar invests in metal recycling startup Nth Cycle
Caterpillar, a global leader in construction and mining equipment, has joined a group of investors to back Nth Cycle, a Massachusetts-based startup that has developed a novel metal refining technology. The startup raised $44 million in Series B and non-dilutive financing to scale up its operations and expand its market reach. Nth Cycle’s technology, called…