SEATTLE: Icosavax Inc. announced that the Bill & Melinda Gates Foundation has provided a $10 million grant to support the company’s COVID-19 vaccine program through the first in human Phase 1 clinical trial in young and older adults, expected to initiate in mid-2021. In addition, Icosavax received $6.5 million from Open Philanthropy to support development…
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Helios Technologies upsizes credit facilities to $900 million
SARASOTA: Helios Technologies has announced that effective October 28, 2020 the company has entered into a $900 million senior secured credit agreement, which is inclusive of a $300 million accordion feature. Helios’s senior secured credit agreement was provided by a syndicate led by PNC Bank. The five-year agreement amends the Company’s previous credit agreement and…
U.S. Federal Trade Commission approves proposed combination of Mylan and Upjohn
NEW YORK: Mylan N.V. and Pfizer Inc. announced that the U.S. Federal Trade Commission (FTC) has approved the proposed combination of Mylan and Pfizer’s Upjohn Business. The parties have now obtained all required antitrust clearances for the proposed transaction. The combination will be effected through a Reverse Morris Trust transaction, pursuant to which Upjohn Inc….
Five9 to acquire Intelligent Virtual Agent Platform, Inference Solutions
SAN RAMON: Five9 Inc. announced the execution of a definitive agreement to acquire Inference Solutions, the most widely deployed Intelligent Virtual Agent (IVA) platform. “Intelligent and personalized self-service has become the preferred approach to service for customers,” said Donna Fluss, President, DMG Consulting, LLC. “IVAs, which are AI-enabled omni-channel self-service solutions, are going to play…
Three Pillars Capital Completes $100 million multi-property acquisition next to NRG Stadium
HOUSTON: Three Pillars Capital has completed a massive 3-property multifamily portfolio acquisition reported to be valued at $100 million, a news release said. Combined, the NRG Portfolio comprises of three properties totaling almost 700 units and are located in an opportunity zone, that of the rapidly growing Texas Medical Center, directly neighboring the iconic NRG…
Columbia Sportswear announces senior leadership changes as part of transition plans
PORTLAND: Columbia Sportswear Company has announced a series of senior leadership changes executing on transition plans, supporting the Company’s omni-channel plans for growth and unlocking digital opportunities. Thomas B. Cusick has announced his intention to retire from the Company. In February 2021 Mr. Cusick will step down from his role as Executive Vice President and…
California Leafy Greens Marketing Agreement appoints Tim York as New CEO
SACRAMENTO: Tim York was named as the new Chief Executive Officer of the California Leafy Greens Marketing Agreement (LGMA) during today’s Board of Directors meeting. York will replace Scott Horsfall who is retiring in early 2021. York will begin his work with the LGMA on December 1. “Tim has been an influential presence when it…
Samsung reclaims top spot as worldwide smartphone shipments clocked in at 353.6 million
FRAMINGHAM: With the re-opening of economies around the globe as COVID-19 restrictions were gradually relaxed, worldwide mobile shipments clocked in at 353.6 million during third quarter of the year ended September 30, 2020, preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker suggests. The worldwide smartphone market showed signs of improvement…
Are CEOs doing enough to create a corporate circularity culture?
CALGARY: CEOs must take a leadership role by demanding support for a Circular Economy as part of their Corporate DNA. Most scientists now believe Climate Change is a real threat to the long- term viability of the human species. A first step is asking for the carbon footprint of the services or products your firm…
Avtex acquires Aria Solutions
MINNEAPOLIS: Avtex solutions, a customer experience (CX) consulting and technology company, announced its acquisition of Aria Solutions, a leader in contact center and customer experience solutions based in Calgary, Alberta, Canada. Founded in 1997, Aria Solutions was one of the first system integrators in North America for Genesys®, the global leader in cloud customer experience…
Silver Airways to launch service from Jacksonville International from December 21, 2020
HOLLYWOOD: Silver Airways announced new safe, reliable and customer-focused service with nonstop twice weekly flights from Jacksonville, Florida to each of Tampa and Fort Lauderdale. In addition to nonstop service between North Florida and two of Florida’s most important destinations, these new routes will also provide convenient and seamless connections to Silver’s extensive network throughout…
IAA Inc. announces three new branch locations in key U.S. Markets
WESTCHESTER: IAA Inc. has announced three new state-of-the-art branch locations in Colorado Springs (CO), West Palm Beach (FL) and Port Murray (NJ). IAA is a leading global digital marketplace connecting vehicle buyers and sellers. These real estate investments will expand IAA’s footprint count across Colorado, Florida and New Jersey to 21 locations. The new West…