REDWOOD CITY: Ooma, Inc. (NYSE: OOMA), a provider of advanced communications services for businesses and consumers, on Wednesday reported financial results for its fiscal second quarter ended July 31, 2025, showing year-over-year growth in revenue, net income, and adjusted EBITDA. The company posted total revenue of $66.4 million, up 3% from the same period last…
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Relation Insurance Services acquires Bridlewood Insurance Services
SAN DIEGO: Relation Insurance Services (“Relation”) announced Wednesday that it has acquired the assets of Bridlewood Insurance Services, Inc. (“Bridlewood”), a fast-growing Medicare-focused agency based in San Diego. The transaction, effective Aug. 1, 2025, expands Relation’s national footprint and deepens its Medicare expertise. Terms of the deal were not disclosed. Founded by Jeff Wetzel to…
Balmoral Funds acquires Wilbur-Ellis Nutrition, rebrands as Rangen
LOS ANGELES: Balmoral Funds LLC has acquired Wilbur-Ellis Nutrition, LLC, a leading provider of custom nutrition products for the Pet, Aquaculture and Livestock markets, from Wilbur-Ellis Holdings II, LLC. The newly independent company will operate under the historic brand name Rangen. The acquisition includes the full Nutrition business of Wilbur-Ellis, encompassing product lines such as…
ProAmpac to acquire PAC Worldwide, expanding global packaging capabilities
REDMOND: ProAmpac, a global leader in flexible packaging and material science, announced Wednesday it has signed a definitive agreement to acquire PAC Worldwide, a provider of innovative packaging solutions. Financial terms of the deal were not disclosed. The acquisition marks a strategic move to create a fully integrated packaging platform, combining ProAmpac’s material science expertise…
BJ’s Wholesale Club reports Q2 earnings growth, raises full-year EPS outlook
Total revenue grew 3.4% to $5.38 billion, supported by a 9.0% increase in membership fee income MARLBOROUGH: BJ’s Wholesale Club Holdings (NYSE: BJ) reported higher earnings and revenue for the second quarter of fiscal 2025, driven by strong membership growth and improved merchandise margins, despite a slight decline in comparable club sales. For the thirteen…
Ubiquiti reports strong fiscal 2025 results, announces $500 million buyback program
Ubiquiti posted revenues of $759.2 million, up 14.3% sequentially NEW YORK: Ubiquiti Inc. (NYSE: UI) today reported robust financial results for the fourth quarter and full year ended June 30, 2025, driven by strong performance across its Enterprise Technology platform. For the fourth quarter, Ubiquiti posted revenues of $759.2 million, up 14.3% sequentially and 49.6%…
CIRCOR International to acquire Indian pump manufacturers Swelore and Hiro Nisha
BURLINGTON: CIRCOR International, Inc., a global manufacturer of flow control products and a KKR portfolio company, announced today that it has signed a definitive agreement to acquire Swelore Engineering Pvt. Ltd. and Hiro Nisha Systems Pvt. Ltd., two prominent Indian pump manufacturers. The acquisition aims to expand CIRCOR’s industrial product portfolio and strengthen its presence…
Tempus AI acquires Paige to accelerate oncology AI innovation
CHICAGO: Tempus AI, Inc. (NASDAQ: TEM), a leader in artificial intelligence-driven precision medicine, announced Friday it has acquired Paige, a digital pathology company known for pioneering FDA-cleared AI applications in cancer detection. The $81.25 million deal, primarily paid in Tempus common stock, positions Tempus to expand its oncology-focused dataset and technical capabilities. Founded in 2017,…
R Systems to acquire Novigo Solutions, creating $240 million agentic AI powerhouse
NEW DELHI: Blackstone portfolio company, R Systems International Limited, a global leader in digital product engineering, said Thursday it has entered into a definitive agreement to acquire Novigo Solutions, a specialist in low-code/no-code (LCNC) development and intelligent automation services. The strategic acquisition will create a digital product engineering powerhouse with annual revenue of INR 20,600…
Blackstone to acquire Shermco in $1.6 billion deal to expand energy transition portfolio
NEW YORK: Blackstone (NYSE: BX) announced Thursday that private equity funds affiliated with the firm have entered into a definitive agreement to acquire Shermco, a leading provider of full life-cycle electrical equipment services, from Gryphon Investors. The transaction values Shermco at approximately $1.6 billion. Founded in 1974, Shermco is one of the largest electrical testing…
Entegris commits $700 million to U.S. semiconductor R&D in partnership with Trump administration
NEW YORK: Entegris, Inc. (Nasdaq: ENTG), a global leader in advanced materials science, said on Thursday it will invest $700 million in domestic research and development over the next several years to accelerate semiconductor innovation, in collaboration with the Trump Administration. The investment spans Entegris’ Materials Solutions and Advanced Purity Solutions divisions and includes capital…
Apple TV+ raises monthly subscription price to $12.99
Starting Thursday, Apple TV+ will cost $12.99 per month for subscribers in the U.S. and other countries, marking the tech giant’s first price hike since 2023. Apple confirmed the change will affect current subscribers 30 days after their next renewal date. The annual subscription fee remains unchanged, and new users will still receive a seven-day…