SAN DIEGO: UBILITE announced that Peter L. Gammel has joined the company as its new CEO. Mr. Gammel most recently held the position of vice president and CTO of the Mobile and Wireless Infrastructure Business Unit at GlobalFoundries. Previously, he was the CTO of Skyworks Solutions, Inc. and also served as CTO and vice president…
Inqo Investments announces $4 million investment in CARE project in Ugandan national park
LONDON, UK: Inqo Investments Limited (INQO) announced a collaboration with Belmont University, Nashville on its Conservation and Rural Enterprises (CARE) Project with the aim of using enterprise to tackle environmental and social issues around the Budongo Forest in Uganda. Through a $4 million US dollar grant, the CARE project will invest in small and medium…
Alpha Dhabi and Mubadala form partnership to co-invest $2.5bn in global credit opportunities
ABU DHABI, UAE: Alpha Dhabi Holding and Mubadala Investment Company announced the formation of a joint venture to co-invest in global credit opportunities. Alpha Dhabi and Mubadala aim to collectively deploy up to AED 9 billion (approximately US $2.5 billion) over the next five years, leveraging Mubadala’s long-term and strategic partnership with Apollo (NYSE: APO),…
NHOA Energy and Elecnor to deliver flagship Battery Storage Project in South Australia
PARIS, FRANCE: NHOA (formerly Engie EPS) has secured an EPC contract (and associated long term O&M contract) to NHOA Energy, in consortium with Elecnor to supply 200MW/400MWh Blyth Battery storage project in South Australia with Neoen. The system will mainly be deployed to firm the production of Neoen’s Goyder South Stage 1 wind farm and…
Mutares sells JAPY Tech to the company’s management
MUNICH: Mutares SE & Co. has successfully sold its portfolio company JAPY Tech to the company’s management. JAPY Tech is a manufacturer of high-quality cooling tanks and other milk cooling solutions, based in Dijon, France, supplying products to the worldwide dairy industry. The company was acquired in 2020 from GEA Farm Technologies and has since…
Leadership Course: 10 Reasons Why You Should Take It
Introduction Challenges could arise at any moment in today’s corporate environment, and those aspiring to become great, venerable leaders must be capable of handling them with tact, wisdom, and knowledge. One should seriously consider attending leadership and management courses if you’ve been having trouble dealing with unforeseen obstacles, or if one just wants to improve…
Why Solar Energy Sustainability is Trending and How is it Influencing Technology?
There is no denying that solar technology is becoming increasingly popular. The construction of roof-mounted solar power systems is being considered by many homeowners, apartment complexes, and business owners as solar policies as well as regulations change annually. The majority of consumers want to minimize their high electricity bills, while some also choose to go solar…
Saint-Gobain acquires Matchem in Brazil, IDP Chemicals in Egypt
LONDON, UK: Saint-Gobain, through its Chryso business, has completed the acquisition of Matchem in Brazil and entered into exclusive negotiations to acquire IDP Chemicals in Egypt. The acquisitions of Matchem and IDP Chemicals will allow Saint-Gobain to strengthen its position in construction chemicals, in particular concrete admixtures which play a key role in the decarbonization…
AVN Corporation acquires MATRIC operations
SOUTH CHARLESTON: AVN Corporation has acquired Mid-Atlantic Technology & Innovation Center (MATRIC), a strategic research and development (R&D) partner for companies in the chemicals and advanced software technologies industries. AVN Corporation acquired all of the operations and assets of MATRIC, including all technology, patents and facilities. All MATRIC employees were transitioned to AVN in the…
Teledyne Technologies has acquired ChartWorld International
THOUSAND OAKS: Teledyne Technologies Incorporated (NYSE:TDY) has acquired ChartWorld International Limited and affiliates. ChartWorld, headquartered in Cyprus, with additional locations in Hamburg, Singapore, Vancouver and Tokyo, is a leading provider of digital marine navigation hardware and software provided through an affordable subscription-based model. Terms of the transactions were not disclosed. Commercial maritime subscribers to ChartWorld’s…
Daikin Comfort Technologies North America has acquired Williams Distributing Co.
WALLER, TEXAS: Daikin Comfort Technologies North America Inc. has acquired Williams Distributing Co., a distribution powerhouse for heating, ventilation and air conditioning (HVAC) equipment and residential building products in the Great Lakes region. With Williams’ territory covering a significant portion of the Midwest, this strategic acquisition supports Daikin’s vision to expand the use of inverter…
Allegion plc has acquired plano group
DUBLIN, IRELAND: Allegion plc (NYSE: ALLE), through one of its subsidiaries, has completed its previously announced acquisition of plano. group assets, a software-as-a-service (SaaS) workforce management solution provider. Based in Germany, plano has been a long-time service provider and development partner for Allegion’s leading European workforce management brand, Interflex, and its SP-EXPERT software platform. Now…