MOUNTAIN VIEW: Hawk Ridge Systems has acquired Quest Integration, a leading DS SOLIDWORKS Reseller in the West, a news release said. The combined company will be the largest provider of HP and Markforged 3D printing solutions and one of the most comprehensive North American DS SOLIDWORKS Reseller networks, with 22 offices serving 23,500 clients in…
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MaxLinear acquires NanoSemi
CARLSBAD: MaxLinear Inc. has completed the acquisition of NanoSemi Inc. for an initial transaction consideration consisting $10 million in cash and 804,163 shares of MaxLinear’s Common Stock. NanoSemi is an industry-leading provider of intellectual property that utilizes patented machine learning techniques to improve signal integrity and power efficiency in SoCs, ASICs, and FPGAs used in…
Brookfield Property and Simon Property to acquire JCPenney retail and operating assets
PLANO: J.C. Penney Company Inc. has reached an agreement in principle to sell JCPenney through a court-supervised sale process. The Company plans to seek approval of a disclosure statement and, ultimately, confirmation of a plan of reorganization in parallel with the sale process. Related to the sale process, JCPenney expects to execute a “stalking horse”…
Strategic Data Center acquires data center in Northern Virginia for $8.25 million
COSTA MESA: Strategic Data Center Fund Manager LLC announced acquisition of a tier III data center, which includes 21,100 rentable square feet and is located in one of the largest and most prominent data center markets in the world. The building is 100% leased to a data center service provider that has over 100 years…
T-Mobile launching New Motorola razr 5G
BELLEVUE: T-Mobile announced that the new Motorola razr is coming to the Un-carrier, bringing more options for customers to tap into the first and largest nationwide 5G network in the US. The razr brings back the old school flip phone now reinvented and packed with the power of 5G, tapping into T-Mobile’s LTE and 5G…
Shield Compliance partners with KeyPoint Credit Union to serve legal cannabis industry in California
SEATTLE: Shield Compliance, a comprehensive compliance management platform for banking legal marijuana-related businesses (MRBs), announced a partnership with California-based KeyPoint Credit Union to support its cannabis banking program. KeyPoint has implemented Shield Assure, Shield’s compliance management tool, Shield Engage, the company’s newly launched client onboarding system, and Shield Transact, which enables cashless, electronic payments. “We…
Nutanix announces partnership with Microsoft Azure for a seamless hybrid experience
SAN JOSE: NEXT Conference – Nutanix, a leader in enterprise cloud computing, announced a new partnership with Microsoft that will enable both companies to deliver a hybrid solution with seamless application, data, and license mobility as well as unified management across on-premises and Azure environments, using Nutanix Clusters on Azure. “With this partnership, Microsoft and…
Columbia Care signs definitive agreement to acquire California-based Project Cannabis
NEW YORK: Columbia Care Inc. has signed a definitive agreement to purchase Project Cannabis, an award-winning cannabis company based in Los Angeles, California, for approximately $57 million in Columbia Care stock and approximately $12 million in cash from the proceeds of a concurrent sale of Project Cannabis’ real estate assets, a news release said. Columbia…
Tortoise Acquisition Corp. II announces launch of initial public offering
NEW YORK: Tortoise Acquisition Corp. II intends to commence its initial public offering of 25 million units at $10 per unit, a news release said. The Company intends to grant the underwriters a 45-day option to purchase up to 3,750,000 additional units to cover over-allotments, if any. Each unit issued in the initial public offering…
Tim Spencer appointed President & CEO of Invatron Systems
TORONTO: The Board of Directors of Invatron Systems Corp. announced the appointment of Mr. Tim Spencer as the organization’s next President and Chief Executive Officer. With a remarkable track record in strategy, organizational design, and operations, Tim assumed leadership of the company effective August 2020. A dynamic and customer-centric executive, Tim brings a wealth of…
ecobee become 1VALET’s preferred Canadian smart thermostat partner
OTTAWA: 1VALET Corp. announced a strategic partnership and integration with ecobee, a leader in smart home devices. The partnership will see ecobee become 1VALET’s preferred Canadian smart thermostat partner. With the continued rollout of 1VALET’s Smart Building Ecosystem, the partnership will see a full integration of the 1VALET platform with ecobee’s Smart Thermostat, ecobee lite,…
Andrew Hirsch named Chief Executive Officer of C4 Therapeutics
WATERTOWN: C4 Therapeutics (C4T), a biopharmaceutical company pioneering a new class of small-molecule drugs that selectively destroy disease-causing proteins through degradation, announced the hiring of Andrew Hirsch as the Company’s incoming chief executive officer. Mr. Hirsch comes to C4T from Agios Pharmaceuticals where he was chief financial officer and head of corporate development. Marc Cohen,…