MILPITAS: PQ Bypass Inc., has named Heather Simonsen as its President. With this appointment, PQ Bypass now outperforms 90% of Health Technology companies with regards to women representation at the executive level. PQ Bypass is a medical device company pioneering innovative advancements in the treatment of complex Peripheral Artery Disease (PAD). “With almost 30 years…
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Frontier Communications prices $1.150 billion offering
NORWALK: Frontier Communications Corporation has priced its previously announced offering of $1.150 billion aggregate principal amount of First Lien Secured Notes due 2027 in a private transaction, a news release said. The First Lien Secured Notes will bear interest at 5.875% per year and will be sold at a price equal to 100% of the…
Kit Check and Sandoz to launch RFID-tagged generic injectables in October 2020
WASHINGTON: Kit Check in collaboration with Sandoz announced that two Radio Frequency Identification (RFID)-tagged injectable generic Sandoz products will be available in United States hospitals in October 2020. The first two medicines include Anectine 200 mg/10mL and Rocuronium 50mg/5mL and 10mg/5mL. Several more Sandoz medicines are expected to be made available pre-tagged with DoseID compliant…
Advised by Sixpoint Partners, Brand Velocity Partners finalizes acquisition of BBQGuys
NEW YORK: Brand Velocity Partners (BVP) has finalized the acquisition of BBQGuys, the largest e-commerce platform of higher-end barbeque grills, grilling accessories, and outdoor kitchen products, a news release said. Sixpoint Partners served as exclusive global equity placement advisor. Sixpoint raised an undisclosed amount in equity and debt capital, resulting in oversubscribed demand for participation…
Conrad Energy Acquires Viridis Power bringing its operational portfolio to over 440MW
ABINGDON: Conrad Energy has agreed to acquire Viridis Power, more than doubling its share of flexible generation for the UK power market, and bringing its operational portfolio to over 440MW at 28 sites across the UK and equivalent to the average hourly electricity needs of one million homes, a news release said. The acquisition further…
Dimitris Psillakis to advance Mercedes-Benz Cars North American operations
ATLANTA: The Daimler Board of Management has appointed Dimitris Psillakis as Head of Marketing and Sales, Mercedes-Benz Cars North America and CEO of MBUSA, effective January 1, 2021. The announcement was made by Britta Seeger, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Marketing and Sales, to whom Psillakis…
Naveen Rajkumar joins ISOutsource as CEO and President
BOTHELL: ISOutsource announced that Naveen Rajkumar will be joining ISOutsource as Chief Executive Officer and President, effective October 1, 2020. Naveen will be joining ISOutsource from iLink Digital, where he was the Executive Vice President and Chief Business Officer for the past three years. Prior to iLink Systems, Naveen was SVP and Chief Information Officer…
American Expediting Company appoints Kerry Anne Carter as Chief Executive Officer
FOLCROFT: American Expediting Company announced that Kerry Anne Carter has been named as Chief Executive Officer. Carter is a strategic and innovative leader with a track record of building high performing teams and driving growth in multiple distribution businesses. Most recently Carter served as the Executive Leader of Staples’ B2B furniture division, the largest contract…
FCPT acquires Popeyes Restaurant for $1.6 million
MILL VALLEY: Four Corners Property Trust (FCPT), announced the acquisition of a Popeyes restaurant property for $1.6 million from the Seritage transaction announced in October 2019 and expanded in August 2020. The Popeyes (franchisee lease) is located in South Carolina and is situated within a highly trafficked and populated corridor. The property has a remaining…
Amazon Transparency launches in Japan, Australia
SEATTLE: Amazon has announced the expansion of Transparency to two new countries – Japan and Australia – making it available in 10 countries where Amazon has a store. Amazon Transparency is also celebrating a milestone of enrolling over 10,000 brands into the program. Transparency, launched in 2018, is a product serialization service that builds on…
AWS announces general availability of Amazon Timestream
SEATTLE: Amazon Web Services (AWS) has announced the general availability of Amazon Timestream, a new time series database for IoT and operational applications that can scale to process trillions of time series events per day up to 1,000 times faster than relational databases, and at as low as 1/10th the cost. Amazon Timestream saves customers…
CrowdStrike completes acquisition of Preempt Security
SUNNYVALE: CrowdStrike Holdings has completed its acquisition of Preempt Security, a leading provider of Zero Trust and conditional access technology for real-time access control and threat prevention, a news release said. “We are excited to welcome the Preempt team to CrowdStrike as we join forces to stop breaches,” said George Kurtz, co-founder and chief executive…