BOSTON: Tufin, a company pioneering a policy-centric approach to security and IT operations, announced that Ruvi Kitov, CEO and co-founder, will present at the Stifel 2020 Virtual Technology Cross Sector Insight Conference, taking place on Wednesday, June 10. Tufin simplifies management of some of the largest, most complex networks in the world, consisting of thousands…
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Macy’s Inc. raises approximately $4.5 billion in financing
NEW YORK: Macy’s Inc. announced the closing on approximately $4.5 billion of new financing, including its previously announced $1.3 billion of 8.375% senior secured notes, as well as a new $3.15 billion asset-based credit agreement. In addition, the company has amended and substantially reduced the credit commitments of its existing $1.5 billion unsecured credit agreement….
Gemspring’s Therma Holdings acquires Gilbert LLC
SAN JOSE: Therma Holdings, a portfolio company of Gemspring Capital, has acquired Minneapolis, Minnesota-based Gilbert LLC. Therma Holdings is a leading mechanical, electrical, plumbing and controls services company focused on designing, building, and servicing complex systems in mission-critical facilities. Gilbert is Therma’s fourth acquisition since partnering with Gemspring Capital. Gilbert, founded in 1978, is a…
Realla launches CoTour to conduct real-time virtual tours
LONDON: Realla – a leading commercial property digital marketplace in the UK –launched CoTour, an online co-browsing tool to conduct real-time virtual tours. CoTour permits key decision makers – agents, owners, tenants, and investors – to meet and tour properties in real time, enabling business to be conducted virtually. The tool supports up to 20…
Lattice Biologics coverts debt into equity
BELGRADE: Lattice Biologics Ltd. has obtained TSX-V approval to issue 16.76 million common shares of the company to settle outstanding debt. Can$838,000 in debt held by Guy Cook has been converted to equity at a price of Can$0.05 per share and the debt has been extinguished. The common shares are subject to a four-month hold…
Forethought expands Colorado network with deployment at H5 data centers
DENVER: H5 Data Centers, a national colocation and wholesale data center provider, announced the network expansion of Forethought, one of Colorado’s leading locally owned service providers to its Denver data center campus. Forethought can now offer Internet, cloud and communications services to customers at 5350 S. Valentia Way. H5 Data Centers owns a 300,000-square-foot data…
Command & Conquer Remastered Collection is now available worldwide
SAN FRANCISCO: Electronic Arts Inc. announced that the Command & Conquer Remastered Collection is now available worldwide on PC via Origin and Steam, and as part of an Origin Access Premier subscription. Developed as a labor of love between EA and some of the original Westwood Studios team members at Petroglyph, the Remastered Collection is…
The US Oncology Network finds cancer drug may benefit advanced COVID-19 patients
HOUSTON: Rapid improvements have been seen in acutely ill patients with COVID-19 treated with the cancer drug acalabrutinib (Calquence) by researchers, including physicians within The US Oncology Network. Results of the exploratory research, which was conducted in collaboration with AstraZeneca (AZ) and the National Institutes of Health (NIH), appear in Science Immunology. Nineteen patients with…
Coolray partners DGM Racing and Josh Williams for Atlanta Race Weekend
HAMPTON: Josh Williams has been building his NASCAR Xfinity Series career brick by brick over the past few seasons, and the fruits of that labor are finally starting to show themselves. Williams, whose focus was simply on making races when his tenure began in the series, has now been able to set his sights on…
BioMarker Strategies to present at BIO Digital next week
ROCKVILLE: BioMarker Strategies LLC, a company focused on helping make precision medicine more of a reality for patients with solid tumor cancers, announced that President and CEO Jerry Parrott will present at BIO Digital. BIO Digital replaces BIO 2020, the Biotechnology Innovation Organization’s International Convention, which was originally scheduled to be held in San Diego….
Spirit Realty raises $400 million under unsecured term loan facility
DALLAS: Spirit Realty Capital announced that the company has closed on the final incremental term loan under the accordion feature of the previously announced $200 million unsecured term loan facility, raising a total of $400 million under the unsecured term loan facility. The incremental term loan bears interest at LIBOR plus 150 basis points. This…
AM Best affirms credit ratings of Massachusetts Mutual Life Insurance and its subsidiaries
OLDWICK: Global rating agency AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” of Massachusetts Mutual Life Insurance Company and its life/health subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (both domiciled in Enfield, CT). Concurrently, AM Best has affirmed the…