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…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
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…
monday.com expands its channel partner program to North America
NEW YORK: Leading Work OS and one of the fastest-growing SaaS companies in the world, monday.com, expands its channel operations to North America with a roster of new partners ready to service the region. As collaboration software has seen an enormous boost in 2020 due to the shift to remote work, monday.com has tripled the size of its…
NTT DATA Services adds Dataiku and Snowflake to its partner ecosystem
PLANO: NTT DATA Services announced the addition of two new data partners, Dataiku and Snowflake, the cloud data platform, to its robust partner ecosystem. Together the companies will accelerate their clients’ digital transformation journeys and establish a trusted data foundation to operationalize and scale Artificial Intelligence (AI). In addition, NTT DATA and Snowflake announced a…
FLEETCOR to acquire cross-border payments provider, AFEX
LANTA: FLEETCOR Technologies has signed a definitive agreement to acquire Associated Foreign Exchange (AFEX), a cross-border payment solutions provider, a news release said. By acquiring AFEX, FLEETCOR will build upon its corporate payments line of business and strengthen its position as one of the largest business payments companies in the world. The transaction is expected…
FCPT acquires Chick-fil-A property from Washington Prime Group
MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of a Chick-fil-A restaurant property for $2.1 million from the previously announced Washington Prime Group transaction. The property is located in Indiana and is under a triple-net lease to the brand’s corporate entity with a lease term of approximately six years remaining. The Washington Prime…
U.S. Cellular offering Apple Watch Series 6, Apple Watch SE, starting September 18
CHICAGO: U.S. Cellular will offer the latest products from Apple, including Apple Watch Series 6, Apple Watch SE, the eighth-generation iPad and redesigned iPad Air. Customers will be able to purchase Apple Watch Series 6, Apple Watch SE and the new iPad in U.S. Cellular stores and online starting Friday, September 18. The new iPad…
Fusionex teams up with Aisportz, Royal Selangor to launch Malaysia’s first virtual fitness platform
KUALA LUMPUR: Fusionex International has been selected as the strategic tech partner for Aisportz, Malaysia’s first virtual fitness platform, a news release said. Fusionex will be powering Aisportz’s digital platform and enhancing the user experience for its users. “Aisportz aims to make fitness accessible to everyone, everywhere and to achieve this end, we have made…