Swisscom Broadcast has selected Nokia to deploy a nationwide Drones-as-a-Service network across Switzerland. 300 Nokia Drone-in-a-Box units are planned for deployment to enable emergency response, perimeter protection and infrastructure inspection, which will help keep public safety workers safe. This will be the second nationwide Nokia Drone Networks project after Belgium’s Citymesh deployment. It will support…
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Zimmer Biomet agrees to acquire OrthoGrid Systems
WARSAW: Zimmer Biomet Holdings Inc. (NYSE: ZBH), a global medical technology leader, signed a definitive agreement to acquire OrthoGrid Systems Inc., a privately-held medical technology company focused on artificial intelligence (AI)-driven surgical guidance systems for total hip replacement. The acquisition includes OrthoGrid’s AI-powered, fluoroscopy-based surgical assistance platform Hip AI, as well as two additional FDA-cleared…
Philippine Risch appointed new CEO of BNG Bank N.V.
THE HAGUE: On 1 October, Philippine Risch will become the new CEO and Chairman of the Executive Committee of BNG Bank N.V. (BNG). The Supervisory Board of BNG has appointed Ms Risch for a term of four years. Ms Risch will succeed Gita Salden, who joined the Executive Board of De Nederlandsche Bank (DNB) in…
Constellation Cold Logistics agrees to acquire Agri-Norcold A/S.
LONDON: Constellation Cold Logistics has entered into an agreement to acquire Agri-Norcold A/S. The transaction brings Constellation’s first entry into the Danish market, strengthening its European footprint and service offering in the Nordics for existing and new customers. Agri-Norcold, headquartered in Aalborg, Denmark, has been the leading player in the Danish cold storage industry since…
dss+ has acquired Infrata, a global infrastructure advisory firm
GENEVA: dss+ announced the acquisition of Infrata, a leading global infrastructure advisory firm. With the addition of Infrata, dss+ expands its capabilities in technical, commercial and demand advisory services for lenders, investors and sponsors of infrastructure projects around the world. “Infrastructure is the backbone of strong, healthy communities and economies. We at Infrata are proud…
Adenia sells African payment industry player, OMOA, to SPE Capital
ABIDJAN, Côte d’Ivoire: Adenia, a leading private equity firm focused on growth opportunities in Africa, has finalized the sale of its 100% equity stake in OMOA Group to SPE Capital, a private equity firm focused on the Middle East and Africa. Founded in 1999, OMOA is the leading integrated service provider for the payments industry in West and…
Mueller Industries acquires Elkhart Products Corporation
Mueller Industries Inc. (NYSE: MLI) has acquired Elkhart Products Corporation (EPC), a U.S. manufacturer of copper solder fittings, with two manufacturing locations in Elkhart, Indiana, and Fayetteville, Arkansas. Regarding the acquisition, Greg Christopher, Mueller’s CEO said, “We expect the addition of EPC to significantly accelerate the recovery of our Covington, Tennessee -based copper fittings business,…
Cheniere Energy to buy 0.5 million tons of LNG from Galp Trading a year
Cheniere Energy Inc. (NYSE: LNG) through subsidiary Cheniere Marketing LLC, entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Galp Trading S.A., a subsidiary of Galp Energia, SGPS, S.A. Under the agreement, Galp Trading has agreed to purchase approximately 0.5 million tonnes per annum (“mtpa”) of LNG for 20 years…
TowerBrook Capital Partners and CD&R acquires R1 RCM Inc. for $8.9 billion
UTAH: R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions for healthcare providers, has entered into a definitive agreement to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R), in an all-cash transaction with an enterprise value of approximately $8.9 billion. An investment vehicle controlled by…
C.H. Robinson sells European Surface Transportation business to sennder Technologies GmbH
C.H. Robinson Worldwide Inc. (Nasdaq: CHRW) has announced to sell its European Surface Transportation business (EST) to sennder Technologies GmbH, the leading digital road freight forwarder in Europe. This move is part of the Company’s enterprise strategy to get fit, fast and focused and to drive focus on profitable growth in its four core modes…
Canva acquires generative AI company Leonardo.Ai
PERTH: Canva, a world leader in visual communication with more than 190 million monthly active users, today announced plans to acquire Leonardo.AI. “With Leonardo.Ai’s incredible foundational model, and team of 120 high-caliber researchers, engineers, and designers, this acquisition bolsters our ability to supercharge our growing suite of AI products while investing in continued research and innovation…
ACA Group has acquired Encore Compliance
LONDON: ACA Group has announced the acquisition of Encore Compliance, a leader in AI compliance software solutions. This acquisition enhances ACA’s Managed Services suite of people, processes, and technology, adding AI-enabled surveillance for expert network chaperoning and research calls to help asset managers and investment advisors comply with SEC, FCA, and ESMA regulations. Additionally, this…