Turnspire Capital Partners acquires LifeLine Foods and ICM Biofuels, forms The LifeLine Group

NEW YORK: Turnspire Capital Partners LLC announced Monday that an affiliate has acquired LifeLine Foods LLC and ICM Biofuels LLC and will combine them under a new entity, The LifeLine Group.…

NNR November 12, 2025

Wire

McGraw Hill posts quarterly revenue of $669.2 million, a 2.8% decrease

NEW YORK: McGraw Hill, a global education technology company, reported a dip in total revenue for its fiscal second quarter Wednesday, citing an expected contraction in the K-12 market, though…

NNR November 12, 2025

Wire

GC AI raises $60 million in series B led by Scale Venture Partners, valued at $555 million

SAN FRANCISCO: GC AI, a legal technology platform tailored for in-house counsel, said on Wednesday it has raised $60 million in a Series B funding round led by Scale Venture…

NNR November 12, 2025

Wire

GlobalFoundries posts $1.688 billion revenue for Q3, expands European and U.S. capacity

MALTA – GLOBALFOUNDRIES Inc. (Nasdaq: GFS) reported preliminary third-quarter results on Wednesday, posting revenue of $1.688 billion and net income of $249 million, as the chipmaker saw continued strength in…

NNR November 12, 2025

Wire

SoftBank sells its entire stake in Nvidia for $5.83 billion

SoftBank said Tuesday it has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion as the Japanese giant looks to capitalize on its “all in” bet on ChatGPT maker OpenAI. The firm said…

NNR November 12, 2025

Wire

MedEvolve acquired by Emergence to accelerate AI-driven revenue cycle innovation

KANSAS CITY: MedEvolve, Inc., a leader in AI-powered revenue cycle automation and analytics, announced Wednesday its acquisition by Emergence, an enterprise backed by The Pritzker Organization. The strategic transaction merges…

NNR November 12, 2025

Wire

Macquarie-led consortium to acquire majority stake in Potters Industries

NEW YORK: A consortium led by Macquarie Asset Management has agreed to buy a majority stake in Potters Industries LLC, a key supplier of glass materials for road safety, from…

NNR November 12, 2025

Wire

AI startup CoLab raises $72 million to build decision-making layer for engineering

HOUSTON - CoLab, a provider of artificial intelligence software for engineering teams, said on Tuesday it raised $72 million in a Series C funding round led by Intrepid Growth Partners, as…

NNR November 11, 2025

Wire

GovHost acquires True North Software to expand cloud-based public safety platform

COLUMBIA — GovHost, a U.S.-based provider of public safety software, said on Tuesday it has acquired True North Software LLC, an Illinois firm specializing in cloud-native Computer-Aided Dispatch (CAD) and…

NNR November 11, 2025

Wire

BigBear.ai to acquire Ask Sage, posts q3 profit despite revenue decline

NEW YORK - BigBear.ai Holdings, Inc. (NYSE: BBAI), a provider of AI-powered decision intelligence solutions, said on Tuesday it has signed a definitive agreement to acquire Ask Sage, a generative…

NNR November 11, 2025

Wire

Australia’s Megaport to acquire compute firm Latitude.sh

BRISBANE - Australian cloud networking firm Megaport Limited (MP1.AX) said on Monday it has agreed to acquire compute provider Latitude.sh, a move aimed at creating a combined platform to tap…

NNR November 11, 2025

Wire

Raytheon, Avio partner to build new US solid rocket motor facility

ARLINGTON – Raytheon, an RTX business, and Avio USA have signed an agreement to establish a new, state-of-the-art solid rocket motor production facility in the United States, the companies announced…

NNR November 10, 2025