NEW YORK: Tracker Capital Management LLC announced that one of its affiliates has acquired controlling interest in Presage Security. Based in Reston, Virginia, Presage is a recently established technology venture applying machine learning and advanced mathematical processing to the analysis of video imagery, with a wide range of emerging applications in healthcare, security, and authenticity…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
Altius Resources acquires additional common shares of Wolfden Resources Corporation
LABRADOR: Altius Resources Inc., a wholly-owned subsidiary of Altius Minerals Corporation, has entered into a subscription agreement to acquire ownership of 3.125 million of Wolfden Resources Corporation. The Shares will be acquired by Altius pursuant to a non-brokered private placement of an aggregate of 6.25 million common shares of Wolfden. Altius will acquire the Shares…
Limelight Networks appoints Bob Lyons as new CEO
SCOTTSDALE: Limelight Network Inc. and its Board of Directors announced that Bob Lyons, previously CEO at Alert Logic, has been named President and CEO and will join the company and the board of directors effective February 1, 2021. Bob Lento, President, CEO and Director since 2012, is retiring. Lyons is a proven technology executive with…
ACDI expanding Papercut Operations into Brazil
BENTON: Access Control Devices Inc. (ACDI), a leading Channel Intelligence Partner and PaperCut Authorized Solutions Center, announced the official hiring of Rodrigo Romão for the position of Lead Solutions Architect as it expands its Latin American operations into Brazil. Mr. Romão joins ACDI after many years as a Solutions Architect within the PaperCut ecosystem. His…
Madison Realty Capital provides $53mn construction financing to Heritage Equity Partners
NEW YORK: Madison Realty Capital, a New York City based real estate private equity firm, has provided $53 million in construction financing to Heritage Equity Partners, led by Toby Moskovits and Michael Lichtenstein, for a 150-unit ground-up multifamily development. The project is located at 875 4th Avenue between 32nd and 33rd Streets, in “South Park…
Idera Inc. acquires apilayer Data Products
HOUSTON: Idera Inc., parent company of global B2B software productivity brands, announced the acquisition of apilayer Data Products GmbH, a leading provider of off-the-shelf, cloud-based API products. apilayer will join Idera’s Developer Tools business unit that includes Embarcadero, LANSA, Sencha, Whole Tomato, Froala and FusionCharts. apilayer is the leading provider of off-the-shelf, cloud-based API products…
SSi Canada partners with SES Networks to deliver new satellite capacity into Northern Canada
LUXEMBOURG: Vital new satellite capacity will be delivered to Canada’s north, including all 25 communities of Nunavut, following a partnership signed between SSi Canada, the developer-operator of QINIQ broadband and SSi Mobile services in Nunavut, and SES Networks, the leader in global content connectivity solutions, a news release said. This partnership comes at a critical…
Westrock Coffee Company appoints Chris Pledger Chief Financial Officer
LITTLE ROCK: Westrock Coffee Company announced that Chris Pledger will become the company’s new Chief Financial Officer (CFO), effective immediately. He will succeed John Ebner, who retired from the company in October 2020. “Chris Pledger has been an integral part of the Westrock Coffee team from the company’s founding in Rwanda in 2009, first as…
James Reid named CEO of Versant Health, a MetLife Company
NEW YORK: MetLife Inc. announced that James Reid has been named CEO of Versant Health, a managed vision care company and wholly owned subsidiary of MetLife. The appointment is effective April 1. “James brings extensive and varied experience in the Group Benefits market to Versant Health,” said Todd Katz, chairman of the Versant Health Board…
Golar LNG and Stonepeak to sell Hygo Energy to New Fortress at an enterprise value of $3.1bn
LONDON: Golar LNG Limited announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners have entered into a definitive agreement and plan of merger to sell 100% of Hygo Energy Transition Ltd. to New Fortress Energy Inc. Hygo, a gas to power and downstream LNG distribution company,…
Nasdaq launches new risk platform for the sell-side and broker clearing industries
NEW YORK: Nasdaq (NDAQ) unveiled the enhanced Nasdaq Risk Platform, a real-time single point of access risk platform for sell-side and clearing broker communities. The cloud-based risk platform provides visibility of initial margin, counterparty risk controls and improved risk-adjusted outcomes across asset classes. The Nasdaq Risk Platform has an open and flexible risk aggregation framework…
CAMS acquires Solar O&M company Belectric
HOUSTON: Consolidated Asset Management Services (CAMS) has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc., a news release said. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its existing offerings. With this acquisition, CAMS continues to execute…