Infrastructure provider Peak Utility Services Group appointed Michael Lennon to take over as the company’s Chief Executive Officer on Thursday, taking over from Christopher Larocca. Lennon has held leadership roles as Chief Executive at two different companies, while also co-founding them namely, PrimeLine Utility Services and InfrastruX Group, utility service providers. Lennon is an experienced […]
IT-based cloud company Hewlett Packard Enterprise (HPE) said it will acquire Juniper Networks, software development firm on Tuesday, in an all-cash deal for $40 per share, valued at about $14 billion. The collaboration will advance HPE’s portfolio mix shift toward higher-growth solutions and support its high-margin networking business, accelerating its sustainable profitable growth strategy, said […]
Software developer Intelecy appointed Camilla Gjetvik as its new Chief Executive Officer on Wednesday, replacing Bertil Helseth, where it looks to expand its impact in the manufacturing process industry, said Industrial AI firm through the leadership transition. The newly appointed CEO, Gjetvik was with Boost.ai, a tech-based firm for about seven years holding multiple leadership […]
Homebuilder firm Lennar Corporation said it increased its annual dividend to $2 per share resulting in a quarterly cash dividend of $0.50 per share for both Class A and Class B shares, on Tuesday. The company raised its annual dividend from an initial amount of $1.50 per share, and it is payable on February 7 […]
AI Voice Translation solution provider VoicePing launched cutting-edge real-time AI voice translation for global corporate communication, on Tuesday. The company said VoicePing mobile app offers fast live translation and transcription. In contrast, its PC app has live subtitles for all online meeting tools, enhancing communication in meetings and negotiations across 45 languages. VoicePing has already […]
Financial institution Bank Nizwa collaborated with its peer Oman Housing Bank (OHB), on Wednesday, to participate in OHB’s Iskan program. This collaboration aims to accelerate the approval process for pending housing finance applications with OHB and the Ministry of Housing and Urban Planning, said the firm. The Iskan program operates under the partnership of various […]
OnePlus partnered with visual processing solutions provider Pixelworks, on Tuesday, to include Pixelworks X7 Visual Processor and the mobile company’s IRX gaming experience on the upcoming model OnePlus 12. The company said inclusion of X7 will enable OnePlus 12 to give full play to OnePlus’ in-house graphics processing algorithms and rendering capability, making the gaming […]
Flying car maker Samson Sky, on Wednesday, initiated its crowdfunding through Wefunder, a crowd-funding platform to get into the production stage, following the successful completion of its first flight of the air vehicle named Switchblade on November 5, 2023. Samson Sky began raised $10 million prior to the announcement of crowdfunding, with its orders of […]
Online Trading firm ForexVox rebranded to MarketsVox on Tuesday, symbolizing a strategic and forward-thinking approach that encapsulates the company’s vision for the future. The company said the reason to rebrand is grounded in a multifaceted strategy that aims to represent the extensive array of financial instruments offered by MarketsVox. While Forex has been a cornerstone, […]
Business development company Palmer Square Capital BDC Inc, on Monday, went public on the New York Stock Exchange (NYSE American) under the symbol PSBD, for a value of $89.7 million of its common stock. The firm said the public offering price is expected at $16.45 per share for about 5.5 million shares of its overall […]
Investment firm Brookwood Financial Partners LLC expanded its Florida portfolio with the acquisition of Melbourne Shopping Center in Melbourne, Florida on Monday. The company said the property has been a staple in the community since its construction in 1959, and in 2022, it underwent an extensive renovation while its space is currently 94.2% occupied. In […]
Artificial Intelligence company Chemical.AI partnered with Nanyang Technological University, Singapore (NTU Singapore) to advance the automation progress in nanomaterials labs, on Monday. The company said it will build an automated research platform for NTU’s nanomaterials studies that will enable synthesis. It will also help NTU consolidate experimental data, develop AI models to advance reaction conditions […]
Investment bank Brown Gibbons Lang & Co (BGL) sold its subsidiary Dermatology & Skin Surgery Center of North Carolina on Monday, to medical real estate acquiring firm TM Medical Properties LLC. Asheboro-based Dermatology & Skin Surgery Center of North Carolina property is about 6,746 rentable square feet, said the firm. Additionally, BGL’s healthcare real estate […]
Appliances and consumer-based tech firm Samsung Electronics, on Sunday, joined forces with Tesla, car maker, connecting SmartThings Energy to Tesla products like Powerwall home batteries, Solar Inverter, Wall Connector charging solutions, and electric vehicles (EVs). The South Korean-based firm said this collaboration will be signed at the tech event CES 2024, to expand SmartThings Energy’s […]
Indian Space Research Organisation (ISRO) said the solar spacecraft Aditya-L1 successfully reached its destination at Halo Orbit, Lagrangian point L1 at about 16.00 hrs (IST) on Saturday. Space centre said orbit of Aditya-L1 spacecraft is a periodic Halo orbit which is located about 1.5 million km away from Earth on the continuously moving sun–earth line […]
