PARIS: Total SE has won the City of Paris’ concession tender for the modernization and extension of its public Electric Vehicles (EV) charge points network, installed throughout the French capital city, a news release said. The Council of Paris awarded to Total the management of its on-street public network for the 10 coming years. This…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
PureFacts Financial Solutions acquires Quartal Financial Solutions
TORONTO: PureFacts Financial Solutions has acquired Quartal Financial Solutions, Europe’s leading provider of fee billing and commission solutions for the financial and insurance industries, a news release said. This acquisition further strengthens PureFacts’ ability to provide mission critical, AI-driven and regulatory compliant fee solutions to its marquee clients. Additionally, the combined organization expands the company’s…
Snowflake announces global startup challenge to fuel next generation of apps in the data cloud
SAN MATEO: Snowflake, creator of the Data Cloud, announced its first-ever global Startup Challenge. The Startup Challenge invites early stage organizations that are building applications in the Snowflake Data Cloud to showcase their innovations via online submission, for a chance to be one of three finalists that will pitch to an audience of judges at…
Chairman and CEO Scott Wine to leave Polaris Inc.
MINNEAPOLIS: Polaris Inc. announced that Chairman and CEO Scott Wine will leave Polaris to assume the CEO role at CNH Industrial. Wine will remain in his current role at Polaris through the end of the year as the Board executes its succession plans. Transition plans will be announced at a later date. “For the last…
Matthew J. Lambiase to retire as CEO of Chimera Investment Corporation
NEW YORK: Chimera Investment Corporation announced that Matthew J. Lambiase will retire from his roles as President and Chief Executive Officer of the Company effective December 31, 2020. Mr. Lambiase will continue to serve on the Company’s Board of Directors (the “Board”) until his retirement. Mr. Lambiase has expressed a desire to spend more time…
Altium Packaging acquires SFB Plastics
ATLANTA: Altium Packaging has acquired the assets of SFB Plastics Inc., in Wichita, Kansas, a privately-held material handling and packaging manufacturer, specializing in HDPE blow molding of industrial containers. Patrick Keese, Senior Vice President and General Manager of Altium’s Consumer-Industrial Group, stated, “We are excited to welcome the employees of SFB Plastics into the Altium…
GAN Limited sings agreement to acquire Coolbet for €149 million
IRVINE: GAN Limited has signed a definitive purchase agreement to acquire Vincent Group p.l.c. (Coolbet) for a total consideration of approximately €149 million, a news release said. The acquisition is expected to close in the first quarter of 2021, subject to regulatory review and the satisfaction of certain closing conditions. GAN expects to fund the…
Citizen introduces its first full digital display smartwatch
NEW YORK: Citizen, a pioneer in watchmaking and innovation since 1918, has introduced its latest innovation: CZ Smart – the brand’s first full digital display smartwatch. This is the latest introduction from Citizen who in 2012 introduced CITIZEN Eco-Drive Proximity, the world’s first analog watch with Bluetooth capability. This men’s smartwatch marries powerful technology with…
Panopto expands global video cloud with the launch of new data center in Australia
SEATTLE: Panopto has launched a new data center in Sydney, Australia, offering a complete cloud-based video hosting option to enterprise businesses and universities in Australia and New Zealand, a news release siad. The new data center is in response to the accelerating global demand for video management capabilities to support distance learning and remote work….
Moderna Inc.’s COVID-19 vaccine is 94.5% effective
CAMBRIDGE: Moderna Inc. announced that the independent, NIH-appointed Data Safety Monitoring Board (DSMB) for the Phase 3 study of mRNA-1273, its vaccine candidate against COVID-19, has informed Moderna that the trial has met the statistical criteria pre-specified in the study protocol for efficacy, with a vaccine efficacy of 94.5%. This study, known as the COVE study, enrolled…
KKR and Rakuten to Acquire Stakes in Seiyu from Walmart in a $1.6 billion deal
BENTONVILLE: Walmart Inc., KKR & Co. Inc. and Rakuten Inc. signed definitive agreements under which KKR will purchase a majority stake and a new Rakuten subsidiary will purchase a minority stake in Seiyu GKin a deal valuing the business at ¥172.5 billion (approx. $1.6 billion). Under the terms of the agreements, KKR will acquire a…
Comoto Holdings acquires REVER
PHILADELPHIA: Comoto Holdings has acquired REVER, the Colorado-based technology company that connects a global community of powersports enthusiasts through the free REVER app and website, to discover the best places to ride or drive, track activities, navigate and share experiences. The REVER app has been downloaded more than one million times and is trusted by…