FOSTER CITY: Gilead Sciences Inc. announced today that Jeffrey A. Bluestone, PhD, has been appointed to the company’s Board of Directors. Dr. Bluestone is the President and Chief Executive Officer of Sonoma Biotherapeutics and the A.W. and Mary Margaret Clausen Distinguished Professor of Metabolism and Endocrinology at the University of California San Francisco. He is…
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Qvest Group acquires OnPrem Solution Partners LLC
LOS ANGELES: The Qvest Group, a world-leading systems architect and ICT integrator, announced the acquisition of the majority of OnPrem Solution Partners LLC, a highly reputed consultancy across the media and entertainment supply chain in the USA. OnPrem’s expertise in business and technology consulting, especially its focus on the digital media supply chain, will complement…
AeroVironment acquires German leader in ground robotic solutions, Telerob
SIMI VALLEY: AeroVironment Inc. has entered into an agreement to acquire Telerob Gesellschaft für Fernhantierungstechnik mbH for approximately $45.4 million (€37.5 million) in cash, and will pay-off approximately $9.4 million (€7.8 million) in Telerob’s debt at closing. Telerob’s shareholder has the potential to receive an additional earn-out over three years of up to approximately $7.3…
Sigma Resources acquires Simcoach Games
PITTSBURGH: Sigma Resources has signed an agreement to acquire Simcoach Games, news release said. Through this acquisition, new game-based solutions will be developed to empower the individual and address the needs of education and workforce training sectors. Simcoach Games, having successfully produced hundreds of games for leading business enterprises, government agencies, and academic institutions, transforms…
Trinity Life Sciences acquires BluePrint Research Group
WALTHAM: Trinity Life Sciences announced the acquisition of New Jersey-based BluePrint Research Group. The acquisition positions Trinity as the premier partner for commercially focused strategy, insights and analytics for the life sciences industry and solidifies its global presence, a news release said. BluePrint Research Group adds a London office to Trinity’s international presence as well…
CBRE Acquisition Holdings announces its initial public offering
DALLAS: CBRE Acquisition Holdings Inc. has announced the launch of its initial public offering of 35 million SAIL (Stakeholder Aligned Initial Listing) securities. The company has applied to have its SAIL securities approved for listing on the New York Stock Exchange under the symbol “CBAH.U.” Each SAIL security will consist of one share of the…
Fortune Brands elects Jeffery Perry to Board of Directors
DEERFIELD: Fortune Brands Home & Security Inc. has elected Jeffery Perry to its Board of Directors, effective December 8, 2020. “Mr. Perry has had a distinguished 30-year career as a strategic, operational, and financial leader and will be an impactful addition to our Board as we continue to position our company for long-term success,” said…
Forma Therapeutics launches proposed public offering of 4.6m shares
WATERTOWN: Forma Therapeutics Holdings it has launched a proposed public offering of 4.6 million shares of its common stock, a news release said. All of the shares of common stock in the offering will be offered by Forma. In addition, Forma expects to grant the underwriters a 30-day option to purchase up to 690,000 additional…
Dynatrace enters the cloud application security market
WALTHAM: Dynatrace (NYSE: DT) announced its entry into the cloud application security market with the addition of a new module to its industry-leading Software Intelligence Platform. The Dynatrace Application Security Module provides continuous runtime application self-protection (RASP) capabilities for applications in production as well as preproduction and is optimized for Kubernetes architectures and DevSecOps approaches….
Modulim Inc. names Charles Huiner as Chief Executive Officer
IRVINE: Modulim Inc. announced that Charles Huiner has been named President and Chief Executive Officer (CEO). Huiner will start immediately and lead the Company’s Series C fundraising and execution of a focused growth strategy for its FDA-cleared product, Clarifi. Huiner brings over 25 years of executive experience with a successful leadership track record across multiple…
Aurora acquiring Uber’s Self-Driving Unit, Advanced Technologies Group
PITTSBURGH: Aurora, the self-driving car company, announced today that they are acquiring Uber Technologies Inc.’s self-driving unit, Advanced Technologies Group (Uber ATG). ATG’s team and technology will accelerate Aurora’s mission and the delivery of our first product safely, quickly, and broadly. “By adding the people and technology of Uber’s Advanced Technologies Group to the incredible…
Veritas to acquire Federal IT and Mission Support Services Business of Northrop Grumman for $3.4 billion
NEW YORK: Veritas Capital announced that an affiliate of Veritas has signed a definitive agreement to acquire the federal IT and mission support services business of Northrop Grumman for $3.4 billion in cash. The business expects to generate $2.3 billion in revenue in 2020. The business provides a wide range of advanced technology solutions including…