LOS GATOS: Infogain, a leading provider of technology solutions and an expert in software platform engineering, has announced a strategic partnership with Appvance.ai, the leader in AI-driven test generation. The new partnership will help global businesses tap into the disruptive power of AI-led quality engineering services. This partnership will strengthen Infogain’s PAQman solutions, which use…
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National Storage Affiliates Trust launches public offering of common shares
DENVER: National Storage Affiliates Trust (NYSE: NSA) has commenced an underwritten public offering of 4,500,000 common shares of beneficial interest of the Company in connection with the forward sale agreements described below, subject to market and other conditions. The forward sellers or their respective affiliates expect to grant the underwriters a 30-day option to purchase…
FCPT acquires Texas Roadhouse property for $3.8 million
MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of a Texas Roadhouse property for $3.8 million. The property is located in a strong retail corridor in Illinois and is occupied under a triple-net lease with the corporate operator. The lease has approximately 15 years of term remaining. The transaction was priced at a…
Intel appoints Saf Yeboah-Amankwah as Senior Vice President and Chief Strategy Officer
SANTA CLARA: Intel Corporation has announced the appointment of Safroadu (Saf) Yeboah-Amankwah as senior vice president and chief strategy officer, effective November 1, 2020. Yeboah-Amankwah will be responsible for the global strategy office, including Intel Capital, and will work with the executive team on developing and driving growth-oriented strategies. Yeboah-Amankwah will report to CEO Bob…
Santa Fe Farms acquires FathomNM’s post cultivation services
ALBUQUERQUE: Santa Fe Farms has acquired FathomNM’s post cultivation services as part of its overall Hemp operations in New Mexico, a news release said. Santa Fe Farms is a leader in the production, extraction, manufacturing, and distribution of THC-free, Hemp-based phyto-cannabinoids. FathomNM, LLC CEO Jeff Apodaca has joined Santa Fe Farms as both Vice Chairman…
Bristol Myers Squibb completes acquisition of Forbius
NEW YORK: Bristol Myers Squibb has successfully completed its transaction to acquire Forbius for their TGF-beta program, including its lead investigational asset AVID200, currently in Phase 1 for oncology and fibrosis. “We are pleased to complete the transaction with Forbius and add their TGF-beta program to our growing pipeline of innovative assets,” said Rupert Vessey,…
Hewlett Packard completes $925 million acquisition of Silver Peak
SAN JOSE: Hewlett Packard Enterprise (HPE) has completed the acquisition of Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, in a transaction valued at $925 million. Silver Peak will become a part of Aruba, a Hewlett Packard Enterprise company. The acquisition will strengthen Aruba ESP (Edge Services Platform), helping to advance enterprise cloud transformation…
Matt Roney appointed CEO of Lumileds
SAN JOSE: Lumileds, a global leader in innovative lighting solutions, has appointed Matt Roney as the company’s Chief Executive Officer, effective October 1, 2020, a news release said. Roney most recently served as President of Lumileds’ Automotive Business Unit and succeeds Dr. Jonathan Rich who will continue with the company as Executive Chairman of the…
Exelon Generation’s nuclear plants operate at near full capacity
NEW YORK: Exelon Generation’s nuclear plants in New York, Illinois and Pennsylvania, Maryland operate at near full power through hottest summer on record keeping around 20 million homes and businesses coo. Exelon Generation’s nuclear plants in New York safely operated at nearly full power through consistently warmer-than-average days in June, July and August, producing enough…
Anthem announces solar power purchase agreement with SunEnergy
RICHMOND: Anthem Inc. has signed a 15-year power purchase agreement with SunEnergy, a top U.S. solar developer, owner and operator of utility-scale solar projects. The agreement is for the output from a new 182-acre (20-megawatt) solar field located in Hanover County, Virginia. The Hanover County solar field is nearly complete and expected to be fully…
Ericsson to acquire U.S. based Cradlepoint in a $1.1 billion deal
TOKYO: Ericsson has agreed to acquire U.S.-based wireless networking firm Cradlepoint in a $1.1 billion deal, the Swedish networking and telecommunications company said on Friday. Oita Chuo Pacific Management analysts highlighted the deal is a part of its efforts to expand its 5G-related offerings for business customers. Oita Chuo Pacific Management is a recognized leader…
Figure Technologies launches first digital fund services offering on blockchain
SAN FRANCISCO: Figure Technologies has launched the world’s first end to end digital funds services offering on blockchain and welcomed its first investment firm partner, a news release said. Figure’s Digital Fund Services offering leverages the Provenance blockchain to automate largely manual, paper-based processes associated with fundraising, investment fund set-up and ongoing fund management, freeing…