SAN FRANCISCO: NYSE listed Unity announced the acquisition of RestAR, a Tel Aviv-based computer vision and deep learning company. Coming on the heels of the launch of Unity Forma, a new tool that allows marketers to create and publish interactive experiences from 3D data, RestAR will extend the power of interactive RT3D technology to marketers…
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Oshkosh Corporation to acquire Pratt Miller in a $115 million deal
OSHKOSH: Oshkosh Corporation has entered into a definitive agreement to acquire Pratt Miller, which specializes in advanced engineering, technology and innovation across the motorsport and multiple ground vehicle markets, for $115 million. Additional terms of the transaction were not disclosed. Pratt Miller will maintain its name, team members, facilities and branding elements. Founded in 1989…
Medallia appoints Elizabeth Carducci as Chief Revenue Officer
SAN FRANCISCO: Medallia Inc. announced that Elizabeth Carducci has been promoted from executive vice president, industry solutions and GTM strategy to chief revenue officer. Reporting to the chief executive officer, Elizabeth will add leading the global industry sales function to her current responsibilities of directing the solutions consulting, solutions principals, product marketing and market intelligence…
Fortune Brands completes acquisition of LARSON Manufacturing
DEERFIELD: Fortune Brands Home & Security Inc. announced it completed the acquisition of LARSON Manufacturing, the North American market leading brand of storm, screen and security doors. LARSON is now part of Fortune Brands’ Outdoors & Security segment. The Company completed the acquisition for a price, net of tax benefits, of approximately $660 million, which…
Grid Dynamics acquires Netherlands-based Daxx
SAN RAMON: Grid Dynamics Holdings Inc. has acquired Daxx, a Netherlands-based software development and technology consulting company, a news release said. Headquartered in Amsterdam with engineering centers situated in major tech hubs across Ukraine, Daxx brings more than 20 years experience in delivering highly differentiated software services to clients across a wide range of industry…
ISACA launches Blockchain Framework and Executive Guide
SCHAUMBURG: Blockchain has many enterprise applications that go beyond cryptocurrency, including smart contracts, supply chain, and healthcare records. To help tech professionals get a stronger grasp on the important technology and how to leverage it within their own organizations, ISACA has released two new resources: Blockchain Framework and Guidance and Blockchain: An Executive View Blockchain…
Leonard Donnelly appointed CEO of Waylay
GHENT, BELGIUM: Waylay, an IoT software company at the forefront of the enterprise digital transformation has appointed Leonard Donnelly as CEO. Leonard Donnelly is an Irish high tempo international tech entrepreneur with an extensive network of relationships globally. The company has entered its high growth phase and accordingly has organized into three new acceleration business…
Flair Airlines announces Garth Lund as Chief Commercial Officer
EDMONTON: Flair Airlines announced the appointment of Mr. Garth Lund as Chief Commercial Officer. A world-class Ultra Low-Cost Carrier (ULCC) executive, Mr. Lund will join Flair from Europe’s highest-performing airline, Wizz Air. At Wizz Air, Mr. Lund was most recently the Head of Financial Planning and Controlling, with previous roles including Head of Pricing and…
JetBlue launches service between New York and Guyana’s Cheddi Jagan International Airport
NEW YORK: JetBlue has launched service between New York John F. Kennedy International Airport (JFK) and Georgetown, Guyana’s Cheddi Jagan International Airport (GEO). The new service launches with four times weekly service on JetBlue’s Airbus A321neo aircraft. “JetBlue’s arrival in Guyana introduces our low fares and award-winning service to another new market in the Caribbean…
AstraZeneca signs definitive agreement to acquire Alexion Pharmaceuticals
CAMBRIDGE: AstraZeneca and Alexion Pharmaceuticals Inc. have entered into a definitive agreement for AstraZeneca to acquire Alexion, a news release said. Alexion shareholders will receive $60 in cash and 2.1243 AstraZeneca American Depositary Shares (ADSs) (each ADS representing one-half of one (1/2) ordinary share of AstraZeneca, as evidenced by American Depositary Receipts (ADRs)) for each…
FedEx to ship first wave of COVID-19 vaccines across United States
MEMPHIS: FedEx Express announced today that operations are in motion to transport its first shipments of COVID-19 vaccines. Following the Food and Drug Administration’s approval of Emergency Use Authorization for the Pfizer-BioNTech COVID-19 vaccine, FedEx Express will begin transport of the vaccine using its FedEx Priority Overnight service supported by FedEx Priority Alert advanced monitoring….
KKR announces $835 million acquisition of industrial properties across U.S.
NEW YORK: Kohlberg Kravis Roberts & Co (KKR), a leading global investment firm, has acquired a portfolio of approximately 9.7 million square feet of industrial real estate properties located in seven major markets across the U.S. from High Street Logistics Properties for an aggregate purchase price of approximately $835 million. The acquisition grows KKR’s portfolio…