REDWOOD CITY: Electronic Arts Inc. (EA) announced the acquisition of Metalhead Software, a Canada-based video game studio and developer of the fan-favorite Super Mega Baseball franchise. EA SPORTS and Metalhead are teaming up to grow the Super Mega Baseball franchise as well as develop new gaming and sports experiences for players worldwide. Metalhead co-founders Scott…
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UBS to sell 48.8% stake in Clearstream Fund Centre to Deutsche Börse for CHF 390 million
ZURICH: UBS Group and UBS AG today announced that UBS has agreed to sell its remaining minority stake (48.8%) in Clearstream Fund Centre (CFC) to Deutsche Börse AG for approximately CHF 390 million. Long-term commercial cooperation arrangements remain in place for the provision of services by Clearstream to UBS, including the collaboration in jointly servicing…
Mid Penn Bank disbursed over $1 billion in Paycheck Protection loans
MILLERSBURG: Mid Penn Bank has approved and disbursed more than $370 million in loans for small businesses since the 2021 Paycheck Protection Program (PPP) portal was opened for community banks in January. Mid Penn Bank has provided loans for more than 3,300 businesses in the 2021 Program. The Small Business Administration backed loans received by these employers has allowed…
Port of Corpus Christi Authority to construct LNG fueling infrastructure for marine vessels
HOUSTON: The Port of Corpus Christi Authority and Stabilis Solutions Inc. have entered into a Memorandum of Understanding (MOU) to construct LNG fueling infrastructure for marine vessels at the Port of Corpus Christi, a news release said. Stabilis Solutions is a leading provider of energy transition services, including hydrogen and liquefied natural gas (LNG) fueling…
Anaqua Inc. acquires SeeUnity to enhance content integration and migration capabilities
BOSTON: Anaqua Inc. has acquired SeeUnity to provide its customers greater interconnectivity between its IP management software and other mission-critical enterprise systems and builds on SeeUnity’s success in delivering enhanced connectivity solutions to the broader legal industry, a news release said. Anaqua is an innovation and intellectual property (IP) management technology provider, and SeeUnity is…
Walmart and Sam’s Club administering walk-up COVID-19 vaccines at 5,100+ pharmacies nationwide
BENTONVILLE: Walmart and Sam’s Club today announced a new COVID-19 vaccine milestone. Immunizations are now available to customers and associates in all of their more than 5,100 pharmacy locations nationwide, across 49 states, Puerto Rico and Washington, D.C. Vaccines are being administered via both walk-up and pre-scheduled appointments, providing convenient options for customers to get…
World Token teams up with SPI to further develop crypto ecommerce
MANILA: The DeFi sector exploded less than a year ago, and it is not higher than ever. 12 months ago, in April 2020, DeFi had around $725 million in total value locked (TVL) This was quite high at the time, although still far below its ATH, which, at one point, went beyond $1.2 billion. But,…
Verizon Media to be acquired by Apollo Funds in a $5.0 billion deal
NEW YORK: Verizon and Apollo Global Management Inc. announced that funds managed by affiliates of Apollo entered into an agreement to acquire Verizon Media for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo at close of the transaction and continue to be led by CEO Guru Gowrappan….
Gray Television to acquire Meredith Corporation’s local media group for $2.7 billion
ATLANTA: Gray Television Inc. has agreed to acquire all outstanding shares of Meredith Corporation for approximately $14.50 per share in cash, or $2.7 billion in total enterprise value after the spinoff of Meredith’s National Media Group to the current Meredith shareholders, a news release said. The parties expect to close the transaction in the fourth…
Versus names Alasdair Lloyd-Jones as new President
NEW YORK: Versus, a creator of creative content, appointed Alasdair Lloyd-Jones as the company’s new president and chief marketing officer, a news release said. As Versus continues to expand its footprint within the creative industry, Lloyd-Jones’ goal is to further define and grow the company as a leading creator of non-disposable content. “I was drawn…
Trifork Holding acquires Swiss IT-firm Vilea
SCHINDELLEGI: Trifork Holding AG has completed the acquisition of Vilea, a Swiss-based IT-firm specializing in designing and delivering tailor-made mobile enterprise applications, in a move aimed at expanding Trifork’s position in Switzerland and central Europe. Vilea has 11 employees in offices in Zürich and Vienna. Combining Trifork’s ecosystem of technological competencies, with Vilea’s talented team…
Nabd launches financial markets data and news section in Arabic
DUBAI: Nabd, the largest personalized Arabic news app and platform, has launched a new section giving business users access to local, regional, and international financial markets data and up-to-the-minute economic news and information, in Arabic language, a news release said. The new content offering, on Nabd Arabic news app, provides business leaders and financially-savvy users…