TORONTO: Bophelo Bio Science & Wellness Pty Ltd, a wholly-owned subsidiary of Halo Labs Inc., has entered into an offtake agreement with Medcan Ltd, a company incorporated in the Republic of Malta, for the sale of bulk cannabis biomass, primarily into the European market. The term of the Agreement is for a period commencing on…
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Canada must retaliate swiftly to Trump’s tariffs: Steelworkers
TORONTO: The Canadian government must respond swiftly with retaliatory tariffs on U.S. products following President Donald Trump’s misguided imposition of tariffs on Canadian aluminum exports, the United Steelworkers (USW) union says. The Trump Administration’s imposition of aluminum tariffs comes only weeks after the Canada-U.S.-Mexico Agreement (CUSMA) came into effect last month. It also flies in…
MiddleGround Capital acquires Dura Automotive Systems
LEXINGTON: MiddleGround Capital has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners, a news release said. This is MiddleGround’s sixth platform acquisition made from its first fund, which closed in August 2019. Dura is a global designer and manufacturer of highly engineered automotive systems. It operates through its mechatronics, lightweight structures…
Women Tech Council announces the finalists for 2020’s Women Tech Awards
SALT LAKE CITY: Women Tech Council (WTC) has announced the finalists for this year’s Women Tech Awards, a program that recognizes the talent, impact, change-agents, innovators and women in technology that work tirelessly to build companies, communities and careers. By elevating the accomplishments of these women, the awards provide a platform that builds, extends and…
Alarm.com wins 2020 ESX Innovation Awards for technician and end user tools
TYSONS: For the second consecutive year, Alarm.com (Nasdaq: ALRM) has earned two ESX Innovation Awards. Highlights, an Alarm.com mobile app feature that shows end users a visual summary of daily system activity in their homes, won the Mobile Apps for Consumers category. On-Site Wrap Up, an Alarm.com MobileTech tool, was selected as the Installation/Service Tools…
Architect Equity acquires majority share in Solution Net Systems
LOS ANGELES: Architect Equity has acquired a majority share in Solution Net Systems (SNS), a leading global supplier of automated logistic systems and a trusted name in automated supply solutions, a news release said. SNS is based in Quakertown, Pennsylvania, and has over 40 years of experience providing integrated distribution solutions to companies in multiple…
Max Borges clinches 2020 PRWeek Best in Technology Award
MIAMI: Max Borges Agency (MBA), a PR and social media firm uniquely designed for technology brands, was named the Best in Technology winner at the 21st annual PRWeek Awards for their work with London STEM startup Kano. Max Borges Agency’s partnership with Kano to launch the first-ever build-it-yourself wireless wand, which shows fans of all…
Zynga to acquire 80% stake in Istanbul-based games developer Rollic for $168 million
SAN FRANCISCO: Zynga Inc., a global leader in interactive entertainment, has entered into an agreement to acquire Istanbul-based Rollic, a mobile games developer and publisher with an exciting portfolio of popular hyper-casual games that have been downloaded more than 250 million times. Zynga will acquire 80% of Rollic for $168 million in cash. The final…
Word & Brown launches new website, mobile app, and quote enhancements
ORANGE, California: Word & Brown General Agency announced today the launch of its new website, new WBBroker mobile app, and expanded capabilities for quoting through its WBQuote Lite platform. “We’ve completely revitalized our digital ecosystem and it feels great,” said Jessica Word, President of Word & Brown. “Our website was completely re-architected from the ground…
Trisha Conley appointed Vice President at Renewable Energy Group
AMES: Renewable Energy Group has hired Trisha Conley to serve as Vice President, People Development effective August 24, 2020, a news release said. Conley has an extensive background working in Human Resources, including serving in a variety of HR leadership roles. Most recently, she held the position of vice president HR, fuels North America and…
3M and Cinotop Electronics complete patent license agreement for 3M’s metal mesh technology
St PAUL: 3M, 3M Innovative Properties Co. and Cinotop Electronics Co., Ltd. have reached a patent license agreement for use of 3M’s metal mesh technology. Metal mesh conductor technology is widely used in the construction of projected capacitive touch sensors for consumer and commercial applications. Metal mesh conductors have broad applicability across touch sensors of…
L3Harris Technologies completes sale of EOTech to American Holoptics
MELBOURNE: L3Harris Technologies has completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management. With annual revenue of approximately $60 million, L3Harris’ EOTech business manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world, a news release said. L3Harris…