CHICAGO: IRi announced the appointment of Kirk Perry, Google’s President of Global Client & Agency Solutions, as President and CEO and a member of its Board of Directors, effective May 17, 2021. Mr. Perry succeeds Andrew Appel, who has successfully led a transformation of IRI for nearly a decade. Mr. Appel will remain an Advisor…
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Edison Group values VivoPower International at $321 million
LONDON: Edison Group has published its first report and valuation on VivoPower International valuing the business at $19 a share. At market close Monday (March 29), VivoPower stock stood at $8.06. At the core of Edison’s valuation is its view of the business’ accelerating growth strategy and ‘transformational’ acquisition of rugged electric vehicle (EV) company…
DTE Electric company completes third green bond offering of $1.0bn
DETROIT: DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the fifth investment-grade energy company in the nation –…
AeroFarms merges with Spring Valley in a $1.2bn deal; trades at Nasdaq
NEWARK: AeroFarms has entered into an Agreement and Plan of Merger with Spring Valley Acquisition Corp., a special purpose acquisition company, to become publicly traded on Nasdaq under the new ticker symbol “ARFM”. The combined company will be led by David Rosenberg, Co-founder and Chief Executive Officer of AeroFarms. Under the terms of the Merger…
Hornetsecurity acquires Canadian firm, Zerospam
PITTSBURGH: Hornetsecurity Group, a leading cloud email security provider, has acquired Zerospam, email protection specialists headquartered in Montreal, Canada. Zerospam is a fast-growing business that serves more than 4,000 small, midsized and enterprise customers worldwide via an ecosystem of 400+ partners focused primarily on Canada and the US. It is a recognized leader in providing…
Routeware Global Acquires ReCollect to Add Digital Engagement Expertise
PORTLAND: Routeware Global Inc. has acquired ReCollect Systems Inc., an innovative provider of communication and education tools for recycling. Headquartered in Vancouver, British Columbia, ReCollect helps governments and businesses make recycling more effective in their communities by using digital services to transform citizen engagement. ReCollect’s mobile applications and online tools help reduce contamination, “wishcycling”, and…
Air Lease Corporation leases Airbus A320-200 Aircraft to HiSky Moldova
LOS ANGELES: Air Lease Corporation (ALC) announced a long-term lease placement for one used Airbus A320-200 aircraft with HiSky Moldova. Scheduled to deliver in April 2021, this is ALC’s third Airbus A320 family aircraft placement with the Moldovan startup airline, a news release said. “We are pleased to announce this agreement to deliver our third…
Dropbox completes acquisition of DocSend
SAN FRANCISCO: Dropbox Inc. has completed the acquisition of DocSend, a secure document sharing and analytics company with more than 17,000 customers. The combination of Dropbox, HelloSign, and DocSend will help customers across industries manage end-to-end document workflows—from content collaboration to sharing and e-signature—giving them more control over their business results. Dropbox is one place…
Eaton acquires Green Motion SA
DUBLIN: Eaton Corp has acquired Green Motion SA, a leading designer and manufacturer of electric vehicle charging hardware and related software. Green Motion is based in Switzerland. “Energy transition around the world is rapidly gathering momentum, and Eaton is well positioned to contribute to society and benefit from this important trend,” said Uday Yadav, president…
Mac appointed permanent CEO & President of California Resources Corporation
SANTA CLARITA: California Resources Corporation announced the appointment of Mark A. McFarland (Mac) as the Company’s permanent President and Chief Executive Officer, effective immediately. Mr. McFarland has served on the Company’s board since its emergence from bankruptcy in October 2020, as its Executive Chairman from November 2020 through December 31, 2020 and as its Chairman…
Spaceflight Inc. wins NASA LLITED launch contract
SEATTLE: Spaceflight Inc. has been awarded a launch service contract for the integration and launch of NASA’s LLITED mission, two 1.5U spacecraft, a news release said. Spaceflight Inc. will transport the NASA Low-Latitude Ionosphere/Thermosphere Enhancements in Density (LLITED) CubeSats to low Earth orbit on its Sherpa-LTC orbital transfer vehicle (OTV) at the end of the…
IT Retail partners with Citcon to bring payment solutions to grocery industry
SAN JOSE: IT Retail and Citcon announced a partnership to bring mobile wallet payments to the grocery industry. Citcon is a leading mobile wallet payment provider globally. The technology company offers a variety of wallet brands including PayPal, Venmo, AliPay, WeChat Pay and more. It is the only fully licensed U.S.-based acquirer of all 3…