AMD to supply AI chips to OpenAI in deal worth tens of billions

SANTA CLARA: Advanced Micro Devices Inc. will supply artificial intelligence chips to OpenAI in a multi-year agreement that the chipmaker said Monday is expected to generate tens of billions of…

NNR October 6, 2025

Wire

Auto parts bankruptcies: How a cascade of failures brought the industry to a screeching halt

The collapse of First Brands isn't an isolated event. It is the loudest symptom of a systemic sickness gripping the global automotive supply base, where debt, disruption, and demand destruction…

NNR October 5, 2025

Wire

Minute Media acquires AI video platform VideoVerse to revolutionize sports content

LONDON: Minute Media, a global sports content and technology company, announced Tuesday it has acquired VideoVerse, a leader in AI-driven video editing, in a strategic move to build a comprehensive…

NNR October 4, 2025

Wire

Stellex Capital acquires Crest Ultrasonics to expand global industrial tech portfolio

NEW YORK: Stellex Capital Management, a private equity firm with more than $5 billion in assets under management, announced Friday it has acquired Crest Ultrasonics, a global manufacturer of advanced…

NNR October 4, 2025

Wire

DXP Enterprises acquires APSCO to expand water and wastewater platform

REDMOND: DXP Enterprises, Inc. (NASDAQ: DXPE) announced Friday it has completed the acquisition of APSCO, LLC, a leading manufacturer’s representative of pumps, controls and process equipment serving the water and…

NNR October 4, 2025

Wire

Stefanini Group announces merger with Cyber Smart Defense of Romania

SOUTHFIELD: Stefanini Group, a $1 billion global technology company specializing in digital solutions, announced today the initiation of its merger with Cyber Smart Defense, a Romanian cybersecurity company, which will…

NNR October 2, 2025

Wire

Theatre Capital acquires AllPaid Inc; Appoints Geoff Knapp as CEO

INDIANAPOLIS: Theatre Capital has acquired AllPaid Inc., a leading provider of secure digital payment solutions for government agencies and municipalities across the United States. The acquisition marks a strategic move…

NNR October 2, 2025

Wire

Chimera Investment Corporation has acquired HomeXpress Mortgage Corp. for $239.5 million

NEW YORK: Chimera Investment Corporation (NYSE: CIM) has completed the acquisition of HomeXpress Mortgage Corp. from certain affiliates of Seer Capital Management’s credit fund business and management sellers. HomeXpress is…

NNR October 2, 2025

Wire

Builders FirstSource expands in Las Vegas with acquisitions of Builder’s Door and Trim and Rystin Construction

IRVING: Builders FirstSource, Inc. (NYSE: BLDR) announced Thursday it has acquired Builder’s Door & Trim and Rystin Construction, two turnkey millwork providers based in the Las Vegas area. The acquisitions…

NNR October 2, 2025

Wire

Avalanche Treasury Co. (AVAT) announces $675 million Nasdaq merger to become leading public AVAX vehicle

NEW YORK: Avalanche Treasury Co. (AVAT), an ecosystem-aligned digital asset treasury company with an exclusive relationship with the Avalanche Foundation, today announced a definitive business combination agreement with Mountain Lake…

NNR October 2, 2025

Wire

Irish Biotech Aerska raises $21 million to advance RNA therapies for brain diseases

DUBLIN: Irish biotechnology start-up Aerska has secured $21 million (€18 million) in seed funding to accelerate the development of RNA-based therapies targeting degenerative neurological diseases such as Alzheimer’s and Parkinson’s.…

NNR October 1, 2025

Wire

Folia Health secures $10.5 million Series A to advance patient-driven health research

BOSTON: Folia Health, a patient-driven health technology company, announced Thursday the close of a $10.5 million Series A funding round to expand its platform that transforms lived health experiences into…

NNR October 1, 2025