SYDNEY, AUSTRALIA: PharmX Technologies Limited (ASX: PHX) has officially named Tom Culver as its CEO effective from 20 November 2023, as announced by the company’s Board. Culver brings to PharmX a wealth of experience gained from leading innovative technology companies, where he successfully drove sales and implemented growth strategies over his 20-year career. His diverse…
AIT Worldwide Logistics launches Middle Mile Network, a faster and safer way to U.S.
AIT Worldwide Logistics, a global leader in supply chain solutions, has announced the launch of its Middle Mile Network, a new service that offers a faster, more secure, and cost-effective alternative to traditional expedited less-than-truckload (LTL) services on vital routes covering more than 90% of major U.S. metropolitan areas. The Middle Mile Network connects major…
MindLeaf Technologies to spinoff its life sciences division as CliniLink Health
MASSACHUSETTS: MindLeaf Technologies, a company that provides medical and compliance support services to healthcare organizations, has announced the spinoff of its life sciences division as CliniLink Health. CliniLink Health is a new company that will focus on providing data management and patient engagement solutions for clinical trials. CliniLink Health was born out of a need…
Securonix Inc appoints Mark Stevens as vice president of strategic alliances
TEXAS: Securonix Inc., a leading provider of Unified Defense SIEM, has named Mark Stevens as its Vice President of Strategic Alliances. With over two decades of experience in cultivating OEM relationships and devising joint go-to-market programs for prominent global technology companies, Stevens will spearhead an award-winning partner program tailored to meet the evolving security needs…
DCC Energy has agreed to acquire Progas GmbH for €160 million
LONDON, UK: DCC plc announced that DCC Energy has agreed to acquire Progas GmbH, a leading distributor of LPG in Germany, subject to customary regulatory approval. The acquisition is based on an enterprise value of approximately €160 million (£140 million) on a cash-free, debt-free basis and the consideration will be settled in cash on completion,…
Tekmar Group acquires minority interest in Ryder Geotechnical Limited
LONDON, UK: Tekmar Group plc (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, announced that AgileTek Engineering Limited has entered into an agreement to acquire the remaining shares of Ryder Geotechnical Limited not already owned by it. AgileTek Engineering is a wholly owned subsidiary of the Tekmar Group….
Fintel Plc acquires two fintech firms to expand its services and ratings
LONDON, UK: Fintel Plc, the leading provider of fintech and support services to the UK retail financial services sector, has announced the acquisition of two fintech firms, VouchedFor and AKG, to broaden its services and ratings for the advice market. VouchedFor is a leading review site for financial advisers, mortgage advisers, solicitors and accountants, serving…
JPMorgan UK Smaller Companies Investment Trust to merge with JPMorgan Mid Cap Investment Trust
LONDON, UK: JPMorgan UK Smaller Companies Investment Trust plc (JMI) has announced that it has agreed to combine with JPMorgan Mid Cap Investment Trust plc (JMF) in a deal that will create a larger and more diversified fund focused on UK smaller companies, a statement noted. The deal will be implemented by a scheme of…
Jadestone Energy acquires additional interest in the CWLH oil fields
SINGAPORE: Jadestone Energy plc, an independent oil and gas production company focused on the Asia-Pacific region, has executed a sale and purchase agreement with Japan Australia LNG (MIMI) Pty Ltd to acquire the Seller’s non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia, for a total…
Glencore plc to acquire 77% interest in Teck’s Elk Valley Resources for US$6.93 bn
LONDON, UK: Glencore plc has entered into a binding agreement with Teck Resources Limited for the acquisition of a 77% effective interest in the entirety of Teck’s steelmaking coal business, Elk Valley Resources (EVR), for US$6.93 bn in cash, on a cash free debt free basis, subject to a normalised level of working capital. Concurrently,…
CGG and Eclairion collaborate to meet growing demand for sustainable HPC in the EU
PARIS, FRANCE: CGG and Eclairion have announced a collaboration agreement to establish a state-of-the-art, energy-efficient infrastructure capable of hosting the high-power densities of next-generation servers. The two leading French technology companies are collaborating to bring CGG’s HPC and immersion cooling expertise to Eclairion’s new low-carbon modular-design data center in Bruyères-le-Châtel, Essonne to create a highly…
AIS appointment Kim Pack as the new President of Federal unit
AIS, a leading Azure and GenAI solutions provider, has announced the appointment of Kim Pack as the new President of its Federal unit. Kim Pack will lead the company’s efforts to deliver mission-focused solutions for U.S. Government customers, leveraging her 30 years of experience in IT Services and Management Consulting. Kim Pack joins AIS from…